News from 2025
Tax journalist on no tax on tips: 'The bill also expands a tax credit for certain businesses, letting them claim credits for payroll'
By A. I. Benavidez | Jun 19, 2025
Kelley R. Taylor, senior tax editor at Kiplinger, expressed in an op-ed that new legislation aims to expand tax credits for certain businesses by allowing them to claim credits for payroll taxes paid on employee tips.
New project IGNITE aims to transform UK's steel supply chain
By Globe Banner | Jun 19, 2025
The UK steel supply chain is set to undergo significant transformation with the launch of a new project called IGNITE.
Brennan Kennedy appointed chief actuary at Sun Life
By Globe Banner | Jun 19, 2025
Sun Life Financial Inc. has announced the appointment of Brennan Kennedy as Senior Vice-President and Chief Actuary, effective October 4, 2025.
World Bank calls for urgent reforms in resource-rich CEMAC region
By Globe Banner | Jun 19, 2025
The World Bank has released a new report highlighting the need for reforms in the CEMAC region to boost economic growth, create jobs, and reduce poverty.
STDF highlights milestones as it marks two decades of promoting safe trade
By Globe Banner | Jun 19, 2025
The STDF has released its Annual Report for 2024, marking a significant year as it celebrated its 20th anniversary.
World Bank urges changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly relying on off-budget and complex borrowing arrangements due to a tighter financing environment, according to a new World Bank report on debt transparency.
Siemens lists energy business on India's National Stock Exchange
By Globe Banner | Jun 19, 2025
Siemens has successfully listed its energy business in India, marking a significant milestone with the listing of Siemens Energy India Limited on the National Stock Exchange of India.
Maile Carnegie announces retirement from ANZ after nine years
By Globe Banner | Jun 19, 2025
ANZ has announced that Maile Carnegie will retire from her role as Group Executive Australia Retail on July 1, 2025.
World Bank report examines Mauritania's economy amid challenges
By Globe Banner | Jun 19, 2025
NOUAKCHOTT, JUNE 19, 2025 - The World Bank Group has released the eighth edition of its Mauritania Economic Update.
World Bank approves $250 million financing for Morocco's social safety net reform
By Globe Banner | Jun 19, 2025
The World Bank has approved a $250 million financing package to aid Morocco's social protection reform.
IMF outlines challenges facing Europe amid economic resilience
By Globe Banner | Jun 19, 2025
Europe's economy is displaying resilience with record-low unemployment and stable financial systems, as per the preliminary findings of an International Monetary Fund (IMF) staff visit.
Farzad Billimoria appointed head of private bank for UAE at Barclays
By Globe Banner | Jun 19, 2025
Barclays has announced the appointment of Farzad Billimoria as Head of Private Bank for the United Arab Emirates (UAE).
Cambridge experts stress education's role in fighting climate misinformation
By Globe Banner | Jun 19, 2025
University of Cambridge experts have emphasized the critical role of education in addressing climate misinformation.
Peace talks between DRC and Rwanda lead to initialed agreement
By Globe Banner | Jun 19, 2025
On June 18, 2025, technical teams from the Democratic Republic of the Congo (DRC) and the Republic of Rwanda initialed a Peace Agreement in Washington, D.C. This development was witnessed by U.S. Under Secretary for Political Affairs Allison Hooker.
Gulf Cooperation Council forecasts medium-term economic growth
By Globe Banner | Jun 19, 2025
Economic growth in the Gulf Cooperation Council (GCC) is forecasted to rise in the medium term, with projections indicating a 3.2% increase in 2025 and a further rise to 4.50% in 2026.
World Bank urges Philippine private sector reform amid global uncertainties
By Globe Banner | Jun 19, 2025
Stimulating private sector growth and job creation is crucial for the Philippines to sustain inclusive growth amid global uncertainties, as highlighted by the World Bank in its latest report.
ANZ warns Australians about increased scam risks during EOFY
By Globe Banner | Jun 19, 2025
ANZ has issued a reminder to its customers to remain vigilant against scams during the end of the financial year (EOFY), a period when scammers often target Australians.
Europe urged to act swiftly on deepening its single market amid global tensions
By Globe Banner | Jun 19, 2025
Thank you, Paschal, for inviting me back to speak on the topic of Europe’s single market.
World Bank calls for radical changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly resorting to off-budget and complex borrowing arrangements due to a tighter financing environment, complicating the assessment of public debt exposures.
World Bank urges Mauritania to diversify economy amid slowing growth
By Globe Banner | Jun 19, 2025
The World Bank's recent economic update on Mauritania reveals a slowdown in the country's growth rate, which decreased to 5.2% in 2024 from 6.4% in 2023.