News from 2025
Consortium led by Allianz and BlackRock completes acquisition of Viridium Group
By Globe Banner | Aug 1, 2025
A consortium of leading insurers and asset managers, including Allianz, BlackRock, Generali Financial Holdings, Hannover Re, and T&D Holdings, has finalized the acquisition of Viridium Group from Cinven.
Samsung partners with British brand Liberty for exclusive art store collection
By Globe Banner | Aug 1, 2025
Samsung Electronics has announced a partnership with British design house Liberty to introduce 20 of Liberty’s well-known designs to the Samsung Art Store.
Cambridge Innovation Capital pledges £100m for University spinouts under new entrepreneur programme
By Globe Banner | Aug 1, 2025
Cambridge Innovation Capital (CIC) has announced a commitment of at least £100 million to invest in spinout companies from the University of Cambridge.
U.S. Embassy in Guinea seeks bids for cafeteria service concession
By Globe Banner | Aug 1, 2025
The United States Embassy in Conakry, Guinea has issued an invitation for bids related to the operation of cafeteria services at its facility.
Fubon Financial highlights rise in fraud cases and expands anti-fraud measures across all subsidiaries
By Globe Banner | Aug 1, 2025
Fubon Financial Holdings has marked the first anniversary of Taiwan’s “Four New Laws on Fraud Fighting” by strengthening its anti-fraud initiatives across its subsidiaries, including banking, life insurance, property insurance, and securities.
Allianz Group details global operations and financial performance for early 2025
By Globe Banner | Aug 1, 2025
The Allianz Group, a global insurer and asset manager, operates in nearly 70 countries and serves both private and corporate customers.
Societe Generale appoints Jerome Niddam as CEO for Asia Pacific
By Globe Banner | Aug 1, 2025
Jerome Niddam has been appointed Chief Executive Officer for Societe Generale Asia Pacific, replacing Cecile Bartenieff, who will become Head of Mobility and International Retail Banking & Financial Services.
USS Frank Cable visits Brisbane amid shared historic celebrations
By Globe Banner | Jul 31, 2025
The USS Frank Cable, a U.S. Navy submarine tender, has arrived in Brisbane, Australia, for a scheduled port visit on July 26, 2025.
Standard Chartered releases second quarter and half-year 2025 financial results
By Globe Banner | Jul 31, 2025
Standard Chartered PLC has published its financial results for the second quarter and half-year of 2025.
Secretary Rubio meets Egyptian foreign minister to discuss regional security and Sudan transition
By Globe Banner | Jul 31, 2025
Secretary of State Marco Rubio met with Egyptian Foreign Minister Badr Abdelatty to discuss cooperation on Middle East peace and security, according to a statement from Spokesperson Tammy Bruce.
U.S., South Korean foreign ministers discuss alliance, trade deal, regional security
By Globe Banner | Jul 31, 2025
Secretary of State Marco Rubio met with Republic of Korea (ROK) Foreign Minister Cho Hyun in Washington to discuss the ongoing partnership between the United States and South Korea.
Yuanta FHC enhances ESG transparency with global standards adoption
By Globe Banner | Jul 31, 2025
Yuanta Financial Holding Company (FHC) has announced new measures to align its sustainability practices with global standards and increase the transparency of its sustainability information.
IMF completes first review under Extended Fund Facility for Argentina
By Globe Banner | Jul 31, 2025
The Executive Board of the International Monetary Fund (IMF) has completed the first review of Argentina’s extended arrangement under the Extended Fund Facility (EFF).
Angola's economy shows strong recovery driven by oil sector resurgence
By Globe Banner | Jul 31, 2025
Angola's economy showed strong recovery in 2024, with a real GDP growth of 4.4%, driven by the oil sector and non-oil sectors like mining, commerce, and agriculture.
Economic memorandum outlines challenges for Angola's move beyond oil
By Globe Banner | Jul 31, 2025
Angola has been working on a series of reforms aimed at restoring macroeconomic stability and promoting economic diversification.
World Bank VP concludes visit to Pakistan discussing key development priorities
By Globe Banner | Jul 31, 2025
ISLAMABAD, July 25, 2025 — Ousmane Dione, the World Bank’s Vice President for the Middle East, North Africa, Afghanistan and Pakistan region, concluded a three-day visit to Pakistan.
NCUA Board discusses AI impact on credit union operations
By Globe Banner | Jul 31, 2025
The National Credit Union Administration (NCUA) Board held its fourth open meeting of 2025, where it was briefed on artificial intelligence, post exam survey results from the Office of the Ombudsman, and updates on the Central Liquidity Facility...
World Bank allocates $400M for disaster readiness in Eastern & Southern Africa
By Globe Banner | Jul 31, 2025
More than twelve million people in Angola, Burundi, Malawi, Seychelles, and Zambia are set to benefit from the second phase of the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) Program.
Belize gains new benefits from World Bank's International Development Association
By Globe Banner | Jul 31, 2025
In 2024, Belize, a Caribbean nation facing increasing climate risks impacting its economy, gained access to concessional financing from the World Bank’s International Development Association (IDA).
Societe Generale raises outlook after strong H1 profit jump
By Globe Banner | Jul 31, 2025
Societe Generale reported a group net income of EUR 3.1 billion for the first half of 2025, marking a 71% increase compared to the same period in 2024.