News from October 2025
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.
Global economic outlook forecasts slowdowns in US and China; Eurozone recovery continues
By Globe Banner | Oct 18, 2025
The latest macroeconomic outlook for 2025-2026 suggests ongoing uncertainty in the global environment, with economic growth patterns diverging across regions.
Toyota Mobility Foundation partners with Michelin Foundation and Tourisme & Handicaps for accessible mobility
By Globe Banner | Oct 18, 2025
The Toyota Mobility Foundation (TMF), established by Toyota Motor Corporation in August 2014, has announced a two-year partnership with the Michelin Foundation and Tourisme & Handicaps.
Swansea professor named Chief Scientist at Royal Pharmaceutical Society
By Globe Banner | Oct 18, 2025
Professor Amira Guirguis, a leading expert in substance misuse, medicines safety, and pharmaceutical science, has been appointed Chief Scientist at the Royal Pharmaceutical Society (RPS).
Facebook introduces smarter recommendations and interactive features for Reels
By Globe Banner | Oct 18, 2025
Facebook has announced new features aimed at making it easier for users to find and share Reels, as well as interact with friends over video content.
Howden Re’s Carrie Byler discusses US casualty reinsurance changes ahead of 1.1 renewals
By Globe Banner | Oct 18, 2025
Carrie Byler, Managing Director and Head of U.S. General Casualty at Howden Re, spoke with Intelligent Insurer about the evolving U.S. casualty reinsurance market ahead of the 1.1 renewals.
Australian job ads fall for third straight month as labor market eases
By Globe Banner | Oct 18, 2025
ANZ-Indeed Australian Job Ads dropped by 3.3 percent month-on-month in September, following a revised decline of 0.3 percent in August.
Australian consumer confidence falls after central bank holds interest rates
By Globe Banner | Oct 18, 2025
Consumer confidence in Australia declined last week following the Reserve Bank of Australia's (RBA) decision to keep the cash rate unchanged at 3.60 percent.
Morgan Stanley Investment Management issues October 2025 edition of The BEAT with risk disclosures
By Globe Banner | Oct 18, 2025
Morgan Stanley Investment Management has released the October 2025 edition of "The BEAT," providing market insights and strategies for investors navigating current conditions.
Howden executive highlights growth and future trends in catastrophe bond market
By Globe Banner | Oct 17, 2025
Catastrophe bonds, or cat bonds, have become a key element in reinsurance strategies, according to Mitchell Rosenberg, Managing Director and Co-Head of Global ILS at Howden Capital Markets & Advisory.
Instagram launches updated Map feature for Indian users
By Globe Banner | Oct 17, 2025
Instagram has expanded its Map feature to users in India, introducing updates aimed at improving user understanding and experience.