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News from 2025


Barclays appoints new managing directors for financial sponsors group

Barclays has announced the appointment of Isobel van Daesdonk and Scott Willard as Managing Directors within its Financial Sponsors Group.


Asian Development Bank and World Bank form new co-financing partnership

The Asian Development Bank (ADB) and the World Bank Group have entered into a new co-financing partnership, as announced by ADB President Masatsugu Asakawa and World Bank Group President Ajay Banga.


U.S. Embassy offers consular services in Sohar on February 23

Consular officials from the U.S. Embassy in Muscat will be visiting Sohar on Sunday, February 23, 2025, to provide services to American citizens.


Frankfurt faces U-Bahn strike; buses & trains offer alternatives

On February 21, 2025, a public transportation strike is expected to impact Frankfurt am Main.


DentaQuest funds nonprofits for better children's oral health in Los Angeles

DentaQuest, a part of Sun Life U.S., has announced a donation of $45,000 to two nonprofit organizations in the Los Angeles area focused on improving oral health among school-age children.


Macquarie acquires majority stake in US utility services provider Dynagrid

Macquarie Asset Management has announced the acquisition of a majority stake in DynaGrid Holdings, LLC, a prominent US utility services provider.


State Department labels eight international cartels as terrorist organizations

The State Department has announced the designation of eight organizations as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs).


Türkiye supports women's role in entrepreneurship with SEECO and SOGREEN projects

The Social Entrepreneurship, Empowerment, and Cohesion Project (SEECO) and the Socially Inclusive Green Transition Project (SOGREEN) are working to promote economic opportunities for women in Türkiye.


BMO introduces co-branded debit cards for LAFC and Angel City FC fans

BMO, in collaboration with Los Angeles Football Club (LAFC) and Angel City Football Club (ACFC), has launched two new fan cards: the BMO LAFC Debit Mastercard and the BMO Angel City FC Debit Mastercard.


World Bank launches AIM4Learning program in Comoros with $23 million investment

The Advancing Innovative Methods to Promote Learning (AIM4Learning) Program is a significant initiative aimed at addressing the learning crisis in Eastern and Southern Africa.


Fubon Financial secures third consecutive TIPS A-level certification

Fubon Financial Holdings has successfully secured the Taiwan Intellectual Property Management System (TIPS) A-level certification for three consecutive years, demonstrating its dedication to brand management and trademark value enhancement.


IMF concludes Article IV consultation with Thailand amid gradual economic recovery

The Executive Board of the International Monetary Fund (IMF) recently completed its 2024 Article IV consultation with Thailand, approving the staff appraisal without convening a formal meeting.


KfW Research: Lowering power prices may boost German heat pump sales

The electricity-to-gas price ratio significantly influences the adoption of heat pumps in Germany, according to a recent analysis by KfW Research.


ADB and World Bank launch mutual reliance framework for cofinanced projects

The Asian Development Bank (ADB) and the World Bank (WB) have signed a new Full Mutual Reliance Framework (FMRF), marking a significant collaboration between the two institutions.


U.S. Consulate General to offer citizen services in Cuenca

The U.S. Consulate General in Guayaquil has announced that it will offer American Citizen Services in Cuenca on March 12 and 13, 2025.


U.S. Embassy expands Inglés Yes! program to Oruro

The U.S. Embassy in Bolivia has expanded its Inglés Yes! program to Oruro, following successful implementations in El Alto and Santa Cruz.


Kalmadu Dam rehabilitation brings stability to Northern Sri Lankan community

In the village of Kalmadu Nagar, located in Northern Sri Lanka's Kilinochchi district, the Kalmadu Kulam reservoir has been a crucial resource for local residents.


Binance CEO at Consensus Hong Kong: 'Look forward to playing our part to support ecosystem growth'

Richard Teng, CEO of Binance, expressed optimism regarding digital assets among regulators and policymakers during the Consensus Hong Kong 2025 conference.


Earnings season sees mixed results amid focus on corporate profits

As the Q4 2024 earnings season progresses, attention remains divided between policy developments in Washington and corporate profit trends.


RBC celebrates recognition of young financial advisors by Financial Planning

RBC Wealth Management has announced that 12 of its financial advisors have been recognized by Financial Planning as top brokers under 40 for the year 2025.