News from 2025
World Bank approves $75 million loan for Serbia's primary education reform
By Globe Banner | Aug 3, 2025
Serbia will receive a EUR 66.3 million ($75 million equivalent) loan from the World Bank to support reforms in its primary education system.
World Bank strengthens focus on jobs and economic resilience during Pacific visit
By Globe Banner | Aug 3, 2025
The World Bank Group is increasing its efforts to support job creation and economic resilience in the Pacific region, according to Anna Bjerde, Managing Director of Operations.
World Bank approves $20 million emergency credit for Belize’s climate resilience
By Globe Banner | Aug 3, 2025
Belize has secured a US$20 million Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat-DDO) from the World Bank Group.
World Bank funds São Paulo Metro Line 4 extension into Taboão da Serra
By Globe Banner | Aug 3, 2025
The World Bank Board of Directors has approved funding for the expansion of São Paulo's Metro Line 4, extending the service to Taboão da Serra.
World Bank approves €8 million loan for Montenegro’s digital payments modernization
By Globe Banner | Aug 3, 2025
The World Bank has approved an EUR 8 million loan to Montenegro aimed at modernizing the country’s digital payments infrastructure.
World Bank urges DRC to reform tax incentives for growth and equity
By Globe Banner | Aug 3, 2025
Rationalizing tax incentives in the Democratic Republic of Congo (DRC) could make tax policies more effective and support future reductions in tax rates, while maintaining resources for development and social spending.
Experts identify complex factors behind childhood entry into out-of-home care
By Globe Banner | Aug 2, 2025
A new review published in the Children and Youth Services Review Journal examines the factors that influence why children enter out-of-home care, such as foster or residential placements.
Vocus completes $5.25bn acquisition of TPG Telecom's enterprise fixed business
By Globe Banner | Aug 2, 2025
Vocus has finalized its acquisition of TPG Telecom’s fibre assets and Enterprise, Government, and Wholesale fixed business for an enterprise value of A$5.25 billion.
Sun Life expands Family Leave Insurance offering to Massachusetts employers
By Globe Banner | Aug 2, 2025
Sun Life U.S. has announced the launch of Family Leave Insurance (FLI) in Massachusetts, expanding its family leave benefits to employers based in the state and allowing them to extend coverage to employees working outside Massachusetts.
Siemens tech boosts sustainability at Berlin State Library
By Globe Banner | Aug 2, 2025
Siemens Smart Infrastructure has installed smart building technology at the Berlin State Library’s ‘House Potsdamer Strasse’ in Germany.
Ubs posts higher Q2 profit amid cost cuts, asset growth
By Globe Banner | Aug 2, 2025
UBS reported a pre-tax profit (PBT) of $2.2 billion for the second quarter of 2025, with an underlying PBT of $2.7 billion and a net profit of $2.4 billion.
Morgan Stanley outlook sees opportunity as commercial real estate prices reset
By Globe Banner | Aug 2, 2025
The 2025 real estate mid-year outlook from Morgan Stanley Real Estate Investing (MSREI) highlights the resilience of commercial real estate amid a volatile macroeconomic environment.
Researchers use mice to advance search for new dementia treatments
By Globe Banner | Aug 2, 2025
Mice are playing a key role in research aimed at finding new treatments for dementia, according to researchers.
Oxford's new Global Health Building reaches construction milestone
By Globe Banner | Aug 2, 2025
Construction has reached the highest point on the new Global Health Building at the University of Oxford’s Old Road Campus.
Australian consumer confidence remains steady as inflation expectations rise
By Globe Banner | Aug 2, 2025
Consumer confidence in Australia saw a small increase last week, rising by 0.4 points to reach 86.7 points, according to the latest ANZ-Roy Morgan survey.
Cover Whale receives $40 million from Morgan Stanley Expansion Capital for tech-driven insurance growth
By Globe Banner | Aug 2, 2025
Cover Whale Insurance Solutions, Inc. has announced it secured $40 million in equity financing from Morgan Stanley Expansion Capital.
Girls Enjoy Maths Summer School encourages female students towards mathematics careers
By Globe Banner | Aug 2, 2025
Year 10 students from the Cambridge area participated in a programme aimed at encouraging more girls to consider careers in mathematics.
Macquarie Bank wins major lender award from MFAA for sixth straight year
By Globe Banner | Aug 2, 2025
Macquarie Bank has been awarded the title of ‘Major Lender of the Year’ by the Mortgage & Finance Association of Australia (MFAA) for the sixth consecutive year.
Swansea University supports feasibility study on regional waterway corridor
By Globe Banner | Aug 2, 2025
The Centre for Heritage Research and Training (CHART) at Swansea University has collaborated with the Swansea Community Boat Trust to explore the development of a blue/green waterway corridor in the Swansea Valley, stretching from Clydach to Port...
United States and Bangladesh complete Tiger Shark joint military exercise
By Globe Banner | Aug 2, 2025
The United States and Bangladesh have completed the joint military exercise Tiger Shark, aimed at strengthening defense cooperation and building capacity between their armed forces.