News from October 2025
Macquarie Asset Management provides $450 million loan for Texas gas turbine power project
By Globe Banner | Oct 28, 2025
Macquarie Asset Management has announced a $450 million financing agreement to support the construction of a 1.2 gigawatt combined cycle gas turbine (CCGT) facility in Lee County, Texas.
WTO committee urges improved compliance with subsidy notification requirements
By Globe Banner | Oct 28, 2025
At a recent meeting, the chair of the World Trade Organization’s Subsidies and Countervailing Measures (SCM) Committee highlighted ongoing concerns about low compliance with subsidy notification obligations among WTO members.
WTO releases trade policy review documents for United Kingdom
By Globe Banner | Oct 28, 2025
The World Trade Organization (WTO) has released documents related to the latest Trade Policy Review of the United Kingdom.
Lochmaben Roman Catholic School students tour USS Gravely after U.S.-funded upgrades
By Globe Banner | Oct 28, 2025
On October 27, 2025, thirty-five students and fifteen teachers from Lochmaben Roman Catholic School in Cedros visited the USS Gravely (DDG-107) at the Port of Spain.
Johnson & Johnson MedTech advances surgical robotics with AI-driven simulation
By Globe Banner | Oct 28, 2025
Johnson & Johnson MedTech has announced new advancements in the development of its robotics systems, using artificial intelligence (AI) technologies to create simulated environments aimed at speeding up product innovation, optimizing clinical...
Barclays agrees $800 million acquisition deal for U.S.-based lender Best Egg
By Globe Banner | Oct 28, 2025
Barclays PLC announced that its US consumer banking subsidiary, Barclays Bank Delaware, has reached an agreement to acquire Best Egg, Inc. for $800 million.
U.S. Embassy warns of heavy snowfall and travel disruptions in Reykjavik
By Globe Banner | Oct 28, 2025
A weather alert has been issued for Reykjavik, Iceland, as the National Meteorological Service has announced an orange warning for heavy snowfall beginning at 2:00pm.
NVIDIA expands partnerships with US industry leaders on AI-driven manufacturing
By Globe Banner | Oct 28, 2025
NVIDIA has announced that several major U.S. manufacturers, industrial software developers, and robotics companies are using its Omniverse technologies to develop advanced robotic factories and collaborative robots.
NVIDIA partners with Uber to launch global robotaxi network using new autonomous vehicle platform
By Globe Banner | Oct 28, 2025
NVIDIA has announced a partnership with Uber to expand the deployment of level 4 autonomous vehicles globally.
U.S. Embassy issues alert after violent incident involving Turkish nationals in Podgorica
By Globe Banner | Oct 28, 2025
The U.S. Embassy in Podgorica has issued a demonstration alert after a violent incident involving Turkish nationals and local Montenegrins over the weekend.
Ethiopia nears completion of World Bank-backed Modjo–Hawassa Expressway
By Globe Banner | Oct 28, 2025
For many years, drivers traveling between Hawassa and Modjo in Ethiopia faced long journeys due to narrow and crowded roads.
HSBC reports lower quarterly profit amid higher legal costs but sees improved underlying returns
By Globe Banner | Oct 28, 2025
HSBC Holdings plc reported a profit before tax of $7.3 billion for the third quarter of 2025, down by $1.2 billion compared to the same period last year.
Business and Trade Select Committee visits Cambridge to discuss economic growth priorities
By Globe Banner | Oct 28, 2025
Members of the Business and Trade Select Committee visited Cambridge on October 27 as part of their annual UK engagement programme, which this year focuses on economic growth priorities.
NVIDIA launches NVQLink architecture connecting GPUs with leading US labs’ quantum computers
By Globe Banner | Oct 28, 2025
NVIDIA has introduced NVQLink, a new open system architecture designed to connect quantum processors with GPU computing.
Fubon Financial expands age- and dementia-friendly initiatives across Taiwan branches
By Globe Banner | Oct 28, 2025
Fubon Financial Holdings and its subsidiaries—Taipei Fubon Bank, Fubon Insurance, and Fubon Securities—are expanding their efforts to support elderly customers, particularly those with dementia.
UBS AG releases third-quarter 2025 financial report
By Globe Banner | Oct 28, 2025
UBS AG has released its consolidated financial report for the third quarter of 2025.
Fubon Senior Open begins Oct. 29 with expanded international field
By Globe Banner | Oct 28, 2025
The 2025 Fubon Senior Open, recognized as Taiwan’s largest and longest-running professional senior golf tournament, will begin on October 29 at the Taiwan Golf & Country Club.
U.S. Embassy announces limited updates due to lapse in appropriations
By Globe Banner | Oct 27, 2025
Because of a lapse in appropriations, updates to this website will be limited until full operations resume.
Cousin T’s founder on foreign litigation funding: 'Corrupt judges & lawyers are being funded with shady money'
By M. A. Garvey | Oct 27, 2025
Terrence K. Williams, founder of Cousin T’s, has raised concerns about unregulated third-party litigation funding, stating that it allows undisclosed investors, including foreign governments, to finance U.S. lawsuits and potentially influence the...
U.S. Embassy issues security alert after post-election protests erupt in Cameroon
By Globe Banner | Oct 27, 2025
Protests have erupted in several areas of Cameroon following the announcement of the official results of the presidential election held on October 12, 2025.