News published on Globe Banner in June 2025

News from June 2025


Siemens completes €110 million upgrade on Dutch rail yard

Siemens Mobility has completed the modernization of the Kijfhoek freight railyard for ProRail B.V. The facility is now fully operational with a new automated yard management system.


Forecasters anticipate above-average Atlantic hurricane activity for 2025

The 2025 Atlantic hurricane season commenced on June 1 and will continue until November 30.


U.S. Embassy Beirut opens applications for Hubert H. Humphrey Fellowship Program

The U.S. Embassy in Beirut has announced the opening of applications for the 2026-2027 Hubert H. Humphrey Fellowship Program.


U.S. government agencies offer resources for business growth domestically and internationally

Export.gov is a platform that combines resources from the U.S. Government to assist American businesses in planning their international sales strategies.


EU explores catastrophe bonds for managing rising climate risks

The recent EU Commission event, "Insurance and Access to Finance for Farm Resilience and Adaptation in the EU," served as a platform to discuss innovative financial solutions for managing climate risks.


Fintech sector sees significant growth as new report highlights industry trends

Global fintech is experiencing a period of growth and maturity, according to a report by Boston Consulting Group (BCG) and QED Investors titled "Fintech’s Next Chapter: Scaled Winners and Emerging Disruptors."


Conference explores growth strategies for Central Eastern Europe

The international conference titled “Growth and Resilience of Central, Eastern and Southeastern European Countries in a Fragmented World” concluded on May 30 in Dubrovnik.


U.S. anticipates collaboration with new UN General Assembly president

The United States has expressed its anticipation of a productive relationship with Annalena Baerbock, the newly elected President of the UN General Assembly for its eightieth session.


Visa applications undergo rigorous screening to ensure national security

U.S. national security remains a primary concern in the visa application process.


Tim Chapman appointed head of construction at Arch Insurance International

Arch Insurance International has announced the appointment of Tim Chapman as Head of Construction, effective immediately.


IMF concludes staff visit discussing Oman's economic outlook

A team from the International Monetary Fund (IMF), led by César Serra, visited Muscat, Oman, from May 21 to 29, 2025.


Howden Re forecasts above-average hurricane activity for Atlantic season

The 2025 Atlantic hurricane season, commencing on June 1 and concluding on November 30, is expected to experience above-average activity.


Toyota Motor Europe announces executive changes in ESG team

Toyota Motor Europe (TME) has announced changes to its executive team in the Environmental, Social, and Governance (ESG) sector.


U.S. Embassy announces Hubert H. Humphrey Fellowship competition for 2026-2027

The United States Embassy in Bosnia and Herzegovina has announced the opening of the Hubert H. Humphrey Fellowship Program competition for the 2026-2027 academic year.


Macquarie closes debut US CLO worth $409.2 million

Macquarie Asset Management has announced the closing of Market Street CLO Ltd. 1, marking its first US Collateralized Loan Obligation (CLO) issuance.


Oxford University's OPTIMiSE project aims at enhancing crop productivity through genetic innovation

Established by the UK Parliament in January 2023, ARIA is a research and development funding agency sponsored by the Department for Science, Innovation and Technology.


Pamela Guerrero appointed head of wholesale casualty at Everest Evolution

Everest has announced the appointment of Pamela Guerrero as Head of Wholesale Casualty for Everest Evolution, its U.S. Wholesale business division.


World Bank approves $257 million for electricity and irrigation projects in Nepal

The World Bank has approved two significant projects for Nepal, totaling $257 million, aimed at improving electricity distribution and irrigation services.


U.S. Mission to Yemen opens applications for Hubert H. Humphrey Fellowship Program

The U.S. Mission to Yemen is currently inviting applications for the 2026-2027 Hubert H. Humphrey Fellowship Program.


U.S Embassy opens applications for Hubert H. Humphrey Fellowship Program

The U.S. Embassy in Muscat has opened recruitment for the 2026-2027 Hubert H. Humphrey Fellowship Program.