News from 2025
U.S. GDP declines in Q1 2025 due to imports and reduced government spending
By Globe Banner | Apr 30, 2025
The U.S. Bureau of Economic Analysis has reported a decrease in the real gross domestic product (GDP) at an annual rate of 0.3 percent for the first quarter of 2025, which contrasts with a 2.4 percent increase in the previous quarter.
World Bank funds $216 million project for climate-resilient transport in Burkina Faso
By Globe Banner | Apr 30, 2025
The World Bank has approved a $216 million project aimed at enhancing climate-resilient transport infrastructure in the Sikasso-Korhogo-Bobo-Dioulasso (SKBo) region.
UBS reports Q1 results for 2025 amid acquisition challenges
By Globe Banner | Apr 30, 2025
UBS Group AG has released its first-quarter results for 2025, as announced on April 30, 2025.
New biostimulant yields significant improvements in wheat crop trials
By Globe Banner | Apr 30, 2025
A groundbreaking study has demonstrated the potential of a novel biostimulant in increasing wheat crop yields.
UBS reports first quarter results with net profit of USD 1.7 billion
By Globe Banner | Apr 30, 2025
UBS has reported its financial results for the first quarter of 2025, with a pre-tax profit (PBT) of USD 2.1 billion and an underlying PBT of USD 2.6 billion.
World Bank approves loan to support Eswatini's growth and economic reforms
By Globe Banner | Apr 30, 2025
The World Bank has approved a Development Policy Loan (DPL) to assist the Kingdom of Eswatini in its efforts to strengthen fiscal governance, promote private sector development, and enhance energy security and climate resilience.
U.S. congratulates Trinidad and Tobago's new Prime Minister Kamla Persad-Bissessar
By Globe Banner | Apr 30, 2025
The United States has extended its congratulations to Kamla Persad-Bissessar on her election as Prime Minister of Trinidad and Tobago.
U.S. addresses global nuclear threats and NPT's role in peace and security
By Globe Banner | Apr 30, 2025
Senior Bureau Official Paul Watzlavick of the U.S. Department of State addressed the NPT Preparatory Committee in New York, underscoring the ongoing significance of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) in preventing nuclear...
Leeney to join as senior military lead in Beirut
By Globe Banner | Apr 30, 2025
Major General Jasper Jeffers, Chairman of the Cessation of Hostilities Implementation Mechanism, recently met with Lebanese and UNIFIL leadership in Beirut.
Indonesia's first JETP solar project secures USD 60 million investment
By Globe Banner | Apr 30, 2025
DEG, Proparco, and Standard Chartered have announced their investment in Indonesia's first Just Energy Transition Partnership (JETP) solar project, valued at USD 60 million.
U.S. embassy in Havana to close for Cuban Labor Day holiday
By Globe Banner | Apr 30, 2025
The U.S. Embassy in Havana will not operate on May 1 and May 2, 2025, in observance of the Cuban Labor Day holiday.
AIA Group reports 13% growth in value of new business in Q1 2025
By Globe Banner | Apr 30, 2025
Hong Kong - AIA Group Limited has announced a 13 per cent growth in the value of new business for the first quarter ending March 31, 2025, using constant exchange rates (CER).
Samsung to allow AI assistant activation via side button on select Galaxy A Series
By Globe Banner | Apr 29, 2025
Samsung Electronics announced an upcoming feature for select Galaxy A series devices that will allow users to access AI assistant functionality through the side button of their phones.
Bank of America announces grant recipients for 2025 art conservation project
By Globe Banner | Apr 29, 2025
Sixteen cultural institutions worldwide have been awarded grants from the 2025 Bank of America Art Conservation Project.
Consumer confidence in Australia declines amid economic uncertainties
By Globe Banner | Apr 29, 2025
Consumer confidence in Australia has exhibited a notable decline in recent evaluations, with the weekly confidence index dropping by 2.1 points to 83.4.
Bid submissions called for tax withholding and social fund services
By Globe Banner | Apr 29, 2025
The U.S. government has issued a Request for Quotations (RFQ) for services involving Income Tax and Social Fund Withholding Calculation, according to an announcement addressed to potential bidders.
U.S. and Egypt expand pharmaceutical ties with Dawah and Gypto partnership
By Globe Banner | Apr 29, 2025
U.S. Ambassador to Egypt Herro Mustafa Garg recently joined Egyptian officials, including Prime Minister Dr. Mostafa Madbouly, to witness the signing of a key agreement between Dawah Pharmaceuticals, a U.S. company, and Gypto Pharma, an Egyptian...
Egypt begins investigation into steel imports safeguard
By Globe Banner | Apr 29, 2025
Egypt has initiated a safeguard investigation concerning hot rolled flat steel imports.
China Construction Bank reports first quarter 2025 operating results
By Globe Banner | Apr 29, 2025
On April 29, 2025, China Construction Bank Corporation, known as CCB, released its operating results for the first quarter of 2025.
U.S. voices support for UN resolution, highlights concerns over certain provisions
By Globe Banner | Apr 29, 2025
The United States has expressed support for a newly adopted resolution related to the United Nations' efforts against human trafficking.