News from October 2025
Johnson & Johnson awards Mayo Clinic and QAS.AI in first round of surgical AI innovation fund
By Globe Banner | Oct 27, 2025
Johnson & Johnson MedTech has announced the advancement of its Polyphonic AI Fund for Surgery, an initiative aimed at accelerating artificial intelligence (AI) solutions to improve surgical care.
Lithuanian airports close temporarily after Belarus weather balloons cross border
By Globe Banner | Oct 27, 2025
Travel disruptions occurred in Lithuania over the weekend of October 24, 2025, after Lithuanian authorities reported that weather balloons launched from Belarus crossed into Lithuanian airspace.
U.S. Embassy Nassau issues alert as Hurricane Melissa prompts evacuations
By Globe Banner | Oct 27, 2025
Hurricane Melissa has strengthened to a Category 5 storm, prompting authorities in The Bahamas and the Turks and Caicos Islands to issue evacuation orders and close schools.
Everest secures $1.2 billion reinsurance cover for North American insurance reserves
By Globe Banner | Oct 27, 2025
Everest Group, Ltd. has announced a new reinsurance agreement designed to protect its North American Insurance portfolio from potential future reserve losses.
Bank of America reports record adoption of AI-driven CashPro tools among corporate clients
By Globe Banner | Oct 27, 2025
Bank of America has reported a significant increase in the use of its AI-powered CashPro Chat and transaction search tools among corporate clients.
Amazon sets record with 10,821 unique generative AI applications
By K. T. Davies | Oct 27, 2025
Amazon has announced that it, in collaboration with 21 high schools in West Java, has set a Guinness World Records title for the most applications created at an on-site generative AI event.
Uber launches transparency, protections and tips updates for drivers and couriers
By K. K. Gipson | Oct 27, 2025
Uber has announced new measures aimed at enhancing the protection of drivers' and couriers' time, tips, and ratings.
Siemens study finds growing focus on energy resilience over climate goals
By Globe Banner | Oct 27, 2025
A new study commissioned by Siemens and conducted by FT Longitude, a division of the Financial Times Group, reveals a shift in global priorities from climate protection to energy resilience.
IMF Executive Board completes annual Article IV review highlighting Mexico's economic outlook
By Globe Banner | Oct 27, 2025
The Executive Board of the International Monetary Fund (IMF) has concluded its 2025 Article IV Consultation with Mexico, following discussions held on October 23.
Meta introduces ghost posts for temporary sharing on Threads
By Globe Banner | Oct 27, 2025
Meta has announced the launch of "ghost posts" on its Threads platform.
Barclays expands into Saudi Arabia with new Riyadh office planned for 2026
By Globe Banner | Oct 27, 2025
Barclays PLC has announced plans to expand its operations in Saudi Arabia as part of its broader Middle East growth strategy.
Oxford study finds UK families face steep income drop after job loss
By Globe Banner | Oct 27, 2025
A new study from the University of Oxford finds that UK families lose nearly 20% of their income in the first year after a job loss, significantly more than families in Denmark, Finland, and Germany.
U.S. Embassy warns Americans after violent incident involving Turkish nationals in Montenegro
By Globe Banner | Oct 27, 2025
The U.S. Embassy in Podgorica has issued a warning to American citizens in Montenegro following an outbreak of violence over the weekend.
Study finds higher TV resolutions may not improve viewing experience
By Globe Banner | Oct 27, 2025
Researchers from the University of Cambridge and Meta Reality Labs have studied the resolution limit of the human eye, questioning whether ultra-high-definition televisions such as 4K or 8K screens offer a noticeable improvement for viewers.
Fubon's subsidiaries receive 'Sports Enterprise Certification' for fourth consecutive year
By Globe Banner | Oct 27, 2025
Fubon Financial Holdings announced that four of its subsidiaries—Fubon Life, Taipei Fubon Bank, Fubon Insurance, and Fubon Securities—have each received the "Sports Enterprise Certification" for the fourth consecutive year.
World Bank approves $78 million project to improve Mongolia's electricity grid
By Globe Banner | Oct 27, 2025
The World Bank has approved a new project aimed at improving the reliability and security of Mongolia’s electricity services.
Malawi partners with World Bank on agricultural reform targeting smallholder farmers
By Globe Banner | Oct 27, 2025
Agriculture is a major part of Malawi’s economy, making up nearly a quarter of its GDP and employing about 75% of the population, mainly through small-scale farming.
Interventions to curb lead pollution yield significant health and economic benefits
By Globe Banner | Oct 27, 2025
Lead exposure continues to be a major global health issue, particularly impacting children.
Global lead pollution imposes lasting health and economic burdens on vulnerable populations
By Globe Banner | Oct 27, 2025
Lead exposure continues to pose a significant health and economic challenge globally, with millions affected, particularly in low- and middle-income countries.
World Bank skills training programs expand opportunities for African youth
By Globe Banner | Oct 27, 2025
From a young age, Leah Francis Basu was interested in how airplanes work.