News from November 2025
Meta pledges over $600 billion investment in US AI data centers by 2028
By Globe Banner | Nov 7, 2025
Meta has announced a commitment to invest over $600 billion in the United States by 2028 to advance artificial intelligence technology, infrastructure, and workforce development.
Macquarie Group posts slight profit rise for first half of fiscal year
By Globe Banner | Nov 7, 2025
Macquarie Group Limited reported a net profit after tax of A$1,655 million for the half-year ended 30 September 2025.
U.S.-Hungary partnership expands with new deals on energy, defense, education
By Globe Banner | Nov 7, 2025
U.S.-Hungary relations have expanded with new agreements and partnerships following President Donald J. Trump’s return to office and ongoing collaboration with Prime Minister Viktor Orbán.
Fubon Financial Holdings accelerates generative AI adoption across banking and insurance businesses
By Globe Banner | Nov 7, 2025
Fubon Financial Holdings is advancing its use of artificial intelligence (AI) across its subsidiaries, reflecting a broader trend in the financial sector.
World Bank approves $17.5 million project to enhance financial management in Laos
By Globe Banner | Nov 7, 2025
The World Bank has approved a second phase of support to improve public financial management in the Lao People's Democratic Republic (Lao PDR).
IMF releases third progress report on phase three of G20 Data Gaps Initiative
By Globe Banner | Nov 7, 2025
The International Monetary Fund (IMF) has released the Third Progress Report on the implementation of the Third Phase of the G20 Data Gaps Initiative (DGI-3), in collaboration with the Inter-Agency Group on Economic and Financial Statistics (IAG)...
Deputy Secretary Landau visits Bolivia for presidential inauguration and talks on bilateral ties
By Globe Banner | Nov 7, 2025
Deputy Secretary of State Christopher Landau is visiting Bolivia from November 6 to 9, attending the inauguration of President-elect Rodrigo Paz.
Insurance Information Institute announces nearly $1 billion in premium refunds for Progressive auto-insurance policyholders
By Globe Banner | Nov 6, 2025
The Insurance Information Institute has announced that Florida's litigation reforms have led to nearly $1 billion in premium refunds for Progressive auto-insurance policyholders.
Florida Office of Insurance Regulation announces nearly $1 billion in credits for auto policyholders
By Globe Banner | Nov 6, 2025
The Florida Office of Insurance Regulation has announced that nearly $1 billion in credits will be issued to auto policyholders due to improvements in the state's insurance market.
Study finds nearly one-third of island reptile species threatened with extinction
By Globe Banner | Nov 6, 2025
A new global review published in Conservation Science and Practice highlights that reptiles living on islands are facing a higher risk of extinction compared to their mainland counterparts.
AI drives multibillion-dollar global surge in data center construction
By Globe Banner | Nov 6, 2025
Global spending on data centers is expected to reach several trillion US dollars by 2030, with the United States and China leading this growth.
Warburg Pincus opens new office in central Tokyo
By Globe Banner | Nov 6, 2025
Warburg Pincus has officially opened a new office in Tokyo, located in the Marunouchi building within the city’s central business district.
U.S., Cyprus, Greece, Israel affirm regional energy cooperation at Athens ministerial
By Globe Banner | Nov 6, 2025
The governments of the United States, Cyprus, Greece, and Israel have released a joint statement following the 3+1 Energy Ministerial held in Athens.
FSB European group discusses cyber risks, crypto regulation, and 2026 priorities
By Globe Banner | Nov 6, 2025
Senior officials from central banks, financial authorities, and regulatory bodies in Europe gathered in Basel for a meeting of the Financial Stability Board (FSB) Regional Consultative Group for Europe.
FDA approves CAPLYTA as adjunctive therapy for major depressive disorder in adults
By Globe Banner | Nov 6, 2025
Johnson & Johnson announced that the U.S. Food and Drug Administration (FDA) has approved CAPLYTA (lumateperone) as an adjunctive therapy with antidepressants for adults with major depressive disorder (MDD).
IMF discusses new support program during visit to Senegal
By Globe Banner | Nov 6, 2025
A team from the International Monetary Fund (IMF), led by Mission Chief Edward Gemayel, visited Dakar from October 22 to November 6, 2025.
World Bank-backed project modernizes labs and digital systems at Ukrainian universities
By Globe Banner | Nov 6, 2025
Anna Brodarska, a master's student at I.I. Mechnikov Odesa National University in Ukraine, is closely observing the operation of a new liquid chromatograph.
University of Cambridge researchers secure five ERC Synergy Grants for major scientific collaborations
By Globe Banner | Nov 6, 2025
Seven researchers from the University of Cambridge have been awarded Synergy Grants by the European Research Council (ERC) to lead five collaborative scientific projects.
Survey reveals uneven impact of VAT policies across Congolese households
By Globe Banner | Nov 6, 2025
The 2020 Household Survey in the Democratic Republic of Congo (DRC), conducted by the National Institute of Statistics with support from the World Bank and development partners, provides insight into how Value Added Tax (VAT) affects different...
U.S. Embassy in Cuba announces official holiday closures for calendar year 2026
By Globe Banner | Nov 6, 2025
The U.S. Embassy in Cuba has released its list of official holidays for 2026, outlining days when the embassy will be closed in observance of both American and Cuban national holidays.