News from November 2025
Sun Life report highlights rising chronic illness rates among young Canadian women
By Globe Banner | Nov 17, 2025
Sun Life has released a new report highlighting emerging health challenges affecting younger Canadian women, with significant implications for workplaces across the country.
Macquarie-led group agrees deal for majority stake in Potters Industries
By Globe Banner | Nov 17, 2025
Macquarie Asset Management, along with co-investors UniSuper and Partners Capital, has reached an agreement to acquire a majority stake in Potters Industries LLC from private investment firm TJC.
DEG provides EUR 2.75 million loan for Schmersal's Brazilian subsidiary modernization
By Globe Banner | Nov 17, 2025
DEG has provided a loan of EUR 2.75 million to the Brazilian subsidiary of the Schmersal Group as part of its ImpactConnect programme, which is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ).
Australian consumer confidence hits new low after central bank holds rates
By Globe Banner | Nov 17, 2025
Consumer confidence in Australia has dropped to its lowest point since May 2025, with the latest index showing a decrease of 1.0 points to 83.5 points last week.
Macquarie Asset Management expands Wealth division with new leadership hires and iCapital partnership
By Globe Banner | Nov 17, 2025
Macquarie Asset Management has announced the expansion of its Wealth business with the addition of three new senior hires and a partnership aimed at widening access to private infrastructure investments for wealth clients.
Gary Haase appointed CEO of Legacy Operations at Everest Group
By Globe Banner | Nov 17, 2025
Everest Group, Ltd. has announced that Gary Haase will join the company as Executive Vice President and CEO of Legacy Operations starting December 1, 2025.
Secretary Rubio meets Cypriot foreign minister to discuss EU presidency and regional issues
By Globe Banner | Nov 17, 2025
Secretary of State Marco Rubio held a meeting with Constantinos Kombos, the Foreign Minister of the Republic of Cyprus.
Thailand launches consultation process ahead of IMF-World Bank Group Annual Meetings
By Globe Banner | Nov 17, 2025
Thailand is set to host the IMF-World Bank Group Annual Meetings in October 2026.
U.S. imposes visa restrictions on Nicaraguans linked to illegal immigration facilitation
By Globe Banner | Nov 17, 2025
The U.S. Department of State has announced the revocation and restriction of visas for certain individuals in Nicaragua who have been identified as facilitating illegal immigration to the United States.
World Bank marks 45 years of Administrative Tribunal supporting internal justice
By Globe Banner | Nov 17, 2025
The World Bank Group has opened a two-day symposium to mark the 45th anniversary of its Administrative Tribunal, an independent judicial body that addresses workplace disputes within the organization.
Germany donates EUR 500,000 to WTO fund supporting developing economies
By Globe Banner | Nov 17, 2025
Germany has announced a contribution of EUR 500,000 to support the World Trade Organization’s (WTO) technical assistance plan.
Nancy Gaudet receives Health Access Hero Award from Sun Life U.S. and DentaQuest
By Globe Banner | Nov 17, 2025
Nancy Gaudet, founder of the nonprofit Type One Families based in Plymouth, Massachusetts, has been named a 2025 Health Access Hero Award recipient by Sun Life U.S. and DentaQuest.
United States provides emergency aid to Vietnam after typhoons
By Globe Banner | Nov 17, 2025
The United States has announced an emergency aid package for Vietnam following the damage caused by Tropical Storm Fengshen and Typhoon Kalmaegi.
WTO, WHO and WIPO brief officials on AI and digital health technologies
By Globe Banner | Nov 17, 2025
Government officials from various regions attended a closed briefing at the World Trade Organization (WTO) to discuss developments in artificial intelligence (AI) and digital health technologies.
World Bank reports deepening economic crisis in Yemen amid shrinking aid
By Globe Banner | Nov 17, 2025
Yemen’s economy continues to face serious challenges in 2025, according to the World Bank’s latest Yemen Economic Monitor.
Nepal receives $9.4 million from World Bank for forest carbon emission reductions
By Globe Banner | Nov 16, 2025
Nepal has received $9.4 million from the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing around 1.88 million tons of carbon dioxide emissions under its REDD+ Emission Reductions Program in the Terai Arc Landscape.
U.S. Embassy Dhaka opens applications for 2026-27 Fulbright Visiting Scholar Program
By Globe Banner | Nov 16, 2025
The U.S. Embassy in Dhaka has announced the opening of applications for the 2026-2027 Fulbright Visiting Scholar Program.
Private equity continues rapid growth as Morgan Stanley highlights key strategies
By Globe Banner | Nov 15, 2025
Private equity has become one of the fastest-growing segments in alternative investments, with assets under management increasing from $744 billion in 2004 to $9.7 trillion as of December 2024, according to Preqin.
PIK and KfW Research call for tripling global climate investments
By Globe Banner | Nov 15, 2025
The Potsdam Institute for Climate Impact Research (PIK) and KfW Research have released a joint discussion paper addressing the challenges posed by limited greenhouse gas emission budgets and increasing geoeconomic fragmentation.
Siemens announces plan to reduce stake in Siemens Healthineers
By Globe Banner | Nov 15, 2025
Siemens has announced plans to reduce its ownership in Siemens Healthineers, shifting from a controlling stake to a significant minority interest.