News from October 2025
IMF reaches staff-level agreement with Somalia on fourth credit facility review
By Globe Banner | Oct 18, 2025
An International Monetary Fund (IMF) team, led by Ran Bi, has concluded discussions with Somali authorities, headed by H.E Bihi Egeh, resulting in a staff-level agreement on the fourth review of Somalia’s Extended Credit Facility (ECF) arrangement.
UBS Group AG to redeem senior unsecured and tier 1 notes in November 2025
By Globe Banner | Oct 18, 2025
UBS Group AG has announced plans to redeem two of its outstanding note issuances in November 2025.
Morgan Stanley releases Q3 2025 agency MBS and housing market overview
By Globe Banner | Oct 18, 2025
The Mortgage & Securitized investment team at Morgan Stanley Investment Management has released an update on trends and developments in the Agency Mortgage-Backed Securities (MBS) and housing markets for the third quarter of 2025.
IMF concludes staff-level agreement on final PCI review during visit with Rwandan officials
By Globe Banner | Oct 18, 2025
From September 29 to October 10, 2025, an International Monetary Fund (IMF) mission led by Albert Touna Mama visited Rwanda to review the country’s progress under the sixth and final review of the Policy Coordination Instrument (PCI) and to...
German venture capital funding falls sharply in third quarter but shows resilience
By Globe Banner | Oct 18, 2025
German start-ups raised approximately EUR 1.3 billion in the third quarter of 2025, a decrease of 47 percent compared to the previous quarter.
Cambridge scientists develop solar-powered device for cleaner chemical production
By Globe Banner | Oct 18, 2025
Researchers from the University of Cambridge have developed a new method to produce chemicals using solar power, aiming to reduce the chemical industry's reliance on fossil fuels.
Municipal Bond Market Monitor reviews Q3 2025 trends
By Globe Banner | Oct 18, 2025
The Municipal Bond Market Monitor for the third quarter of 2025 offers an update on recent trends and developments in the municipal bond sector.
Eaton Vance Equity Global Team provides Q3 2025 equity market overview
By Globe Banner | Oct 18, 2025
The Eaton Vance Equity Global Team has released an overview of the current equity market landscape for the third quarter of 2025.
Morgan Stanley Investment Management shares insights on floating-rate loan market fundamentals
By Globe Banner | Oct 18, 2025
Insight from the Floating-Rate Loans Team at Morgan Stanley Investment Management (MSIM) has been published, providing an overview of loan market fundamentals and discussing the role of floating-rate loans within investment portfolios.
IMF reaches staff-level agreement with Ecuador on third review of extended fund facility
By Globe Banner | Oct 18, 2025
The International Monetary Fund (IMF) has reached a staff-level agreement with Ecuador on the Third Review of the country’s 48-month Extended Fund Facility (EFF) Arrangement.
KfW IPEX-Bank and EDC finance new vessels for offshore wind industry
By Globe Banner | Oct 18, 2025
KfW IPEX-Bank and Export Development Canada (EDC) are providing financing for two new subsea rock installation vessels for CSL OWL SRI B.V., a marine contractor based in the Netherlands that specializes in subsea rock installation services.
Spanish hospital reduces costs by 35 percent using Siemens AI technology
By Globe Banner | Oct 18, 2025
San Juan de Dios Hospital in Seville, Spain, has reduced its operational costs by 35 percent after implementing Siemens Smart Infrastructure’s AI-based building platform.
Siemens Mobility to upgrade São Paulo rail network with advanced signaling technology
By Globe Banner | Oct 18, 2025
Siemens Mobility has announced it will modernize three lines of São Paulo’s transport network, marking the largest deployment of Automatic Train Operation (ATO) over European Train Control System (ETCS) technology in Latin America.
Howden Re discusses reinsurance trends at Nordic Reinsurance Days 2025
By Globe Banner | Oct 18, 2025
Howden Re hosted an event ahead of the 42nd annual Nordic Reinsurance Days in Copenhagen, bringing together clients and market participants for a discussion on current trends in the reinsurance sector.
Sinopec co-hosts literary salon promoting Chinese-Saudi cultural dialogue
By Globe Banner | Oct 18, 2025
On October 6, 2025, King Saud University hosted the “Imprints of the Times · Echoes of Humanity” Sino–Saudi Literary Salon.
Expert warns scrapping UK net zero law risks global leadership on climate
By Globe Banner | Oct 18, 2025
The Conservative Party’s proposal to repeal the UK’s 2008 Climate Change Act has drawn criticism from climate policy experts, who warn that such a move could undermine Britain’s position as a leader in global climate action.
Swansea University data scientist receives doctoral fellowship for medicine safety research
By Globe Banner | Oct 18, 2025
Research officer and data scientist Timothy Osborne, who works at the Swansea University Medical School, has received a doctoral fellowship award from the Health and Care Research Wales Faculty.
Four Cambridge research projects receive UKRI proof of concept funding
By Globe Banner | Oct 18, 2025
Four research projects from the University of Cambridge have been selected to receive funding from UK Research and Innovation (UKRI) as part of a new £9 million proof of concept programme.
Sun Life Global Investments partners with Picton Mahoney for new segregated fund offerings
By Globe Banner | Oct 18, 2025
Sun Life Global Investments has announced a partnership with Picton Mahoney Asset Management (PICTON Investments) to launch two new segregated funds: the Sun PICTON Income Fund and the Sun PICTON Balanced Fund.
Panel discusses new directions for Europe-Asia development cooperation
By Globe Banner | Oct 18, 2025
Development cooperation is taking on a central role as Europe seeks to redefine its partnership with Asia, according to a recent panel discussion in Berlin.