Latest News
Dampier Salt agrees to sell Lake MacLeod salt and gypsum operation
By Globe Banner | Jan 16, 2024
The salt and gypsum operation in Carnarvon, Western Australia is set to be sold to Leichhardt Industrials Group. The transaction is anticipated to be finalized before the year's end.
As China’s economy slows, Africa stands at a critical juncture
By Globe Banner | Jan 16, 2024
As China's economic influence wanes, Africa finds itself at a pivotal moment where self-sufficiency is key. The reduction in Chinese lending to the continent has prompted a need for Africa to take charge of its own development. "With Chinese lending to Africa shrinking, the continent must find ways to support its own development," a critical observation made in light of the changing economic landscape.One potential avenue for Africa to bolster its development is by focusing on internal trade and diversifying its tradeable goods beyond commodities. By doing so, the...
International Monetary Fund responds to debt treatment agreement by Ghana and its official creditors
By Globe Banner | Jan 13, 2024
Ghana has reached an agreement with its official creditors under the G20 Framework for Debt Treatment, as announced by the country’s Ministry of Finance. This arrangement is anticipated to channel additional resources towards public investments within the nation.
LBBS Canada announces appointment of Senior Vice President
By Globe Banner | Jan 10, 2024
The distributor of specialty ingredients and chemicals, LBB Specialties, has announced the appointment of Jake Jevric as the new Senior Vice President of LBBS Canada. In his new role, Jevric will be responsible for the development and execution of business and commercial strategy.
Fortera announces new Senior Vice President of Capital Project Execution
By Globe Banner | Jan 10, 2024
Greg DiCosola has been appointed as the Senior Vice President of Capital Projects Execution for Fortera, a green cement company. Prior to this role, DiCosola was associated with cleantech company Twelve, which specialized in power-to-liquids and SAF production.
Omni Hotels welcomes new chief commercial officer
By Globe Banner | Jan 10, 2024
Jeff Doane has been appointed as the chief commercial officer of Omni Hotels and Resorts. With over twenty years of experience in the hospitality industry, Doane's portfolio includes tenures at Fairmont Raffles Hotels International and Accor North America, where he also served as the chief commercial officer.
MedMen Enterprises announces exit of Arizona cannabis market
By Globe Banner | Jan 8, 2024
Subject to regulatory approval, the asset sale of MedMen to MINT Cannabis in Nevada is set to be finalized. The cannabis firm operates in several states including California, Illinois, Massachusetts, and New York.
Ryan Specialty Holdings announces changes to the board of directors
By Globe Banner | Jan 2, 2024
The specialty insurance firm recently declared that William J. Devers, after a decade of service on the board of directors, vacated his position last month. In the wake of this departure, Pat Ryan Jr. was appointed to the board this week.
International Monetary Fund completes fifth review of Costa Rica’s Extended Fund Facility Agreement
By Globe Banner | Jan 1, 2024
The International Monetary Fund (IMF) has completed the country’s Extended Fund Facility (EFF) agreement, enabling a disbursement of funds. The IMF also confirmed the completion of the second review of Costa Rica’s Resilience and Sustainability Facility (RSF) arrangement.
Level Access and UserWay agree to acquisition
By Globe Banner | Dec 31, 2023
The recent acquisition of UserWay by Level Access is set to merge the digital accessibility solutions of Level Access with the accessibility AI technology of UserWay. This consolidation is anticipated to bolster the comprehensive digital accessibility solutions currently offered by Level Access.
Parkland Corporation announces departure of two board members
By Globe Banner | Dec 31, 2023
Michael Christiansen and Marc Halley have stepped down from the board of directors at Parkland Corporation. Both were nominated for election to the Board in March 2023.
tMedia Consulting creates AI-driven program to help clients grow
By Globe Banner | Dec 31, 2023
Boston-based inbound marketing and advertising agency, tMedia Consulting, has unveiled a new lead generation program designed to help clients meet their growth objectives through the power of artificial intelligence (AI). The program offers personalized communication and targeted outreach to enhance lead quality and boost conversion rates.
Farmland Partners Inc. announces change to Board of Directors
By Globe Banner | Dec 31, 2023
Murray Wise, the founder of Westchester Group and Murray Wise Associates, has announced his intention to resign from the Board of Directors in January. His company was acquired by Farmland Partners International (FPI) in November 2021.
World Trade Organization fisheries subsidies chair circulates draft document to prevent overcapacity and overfishing
By Globe Banner | Dec 27, 2023
Iceland's Ambassador Einar Gunnarsson has shared a new document aimed at reducing subsidies that contribute to overcapacity and overfishing. The draft text, guided by member proposals and discussions, may serve as a reference for the fisheries subsidies negotiations committee in their deliberations next month.
BusinessEurope Urges EU to Address Industry Concerns on Platform Work Directive
By Globe Banner | Dec 20, 2023
BusinessEurope Director General Markus J. Beyrer has expressed industry concerns ahead of the EU Member States meeting on the Platform Work Directive proposal. Beyrer emphasized that the "presumption of employment and additional regulatory burdens remain the key industry concerns around the Platform Work Directive."Beyrer highlighted the importance of resolving key issues surrounding the proposed rebuttable presumption of employment, stating that it should respect the principles of proportionality and subsidiarity. He also stressed the need for Member States to have the...
Jacobs Solutions joins Joint Venture Prosperity as service provider to Sunwater Limited
By Globe Banner | Dec 19, 2023
Jacobs Solutions has announced a five-year partnership with Sunwater Limited of Queensland, Australia, as part of the Prosperity Joint Venture with AECOM. The contract involves providing engineering consulting support for Sunwater’s projects across various disciplines, including the upgrade of six dams over the next 12 years.
Quadient, Xero announce integration to simplify accounting for businesses
By Globe Banner | Dec 19, 2023
Quadient, a financial firm based in Paris, has announced its integration with Xero to enhance the accounts payable processes for small and medium-sized businesses. Quadient's Accounts Payable automation is increasingly being acknowledged for its ability to assist business owners with their accounting tasks.
BusinessEurope Reacts to Packaging and Packaging Waste Regulation Proposal
By Globe Banner | Dec 19, 2023
BusinessEurope Reacts to Packaging and Packaging Waste Regulation ProposalDec 19 2023Commenting on the Environment Council’s agreement on a General Approach on the proposal for a Packaging and Packaging Waste Regulation, BusinessEurope Director General Markus J. Beyrer highlighted the importance of both reuse and recycling in managing packaging waste. Beyrer stated, “Reuse and recycling of packaging waste are two sides of the same coin, and this should be better reflected in the regulation.”Beyrer emphasized that while reusable packaging can be a sustainable waste...
Somalia receives 4.5 billion in debt relief from International Monetary Fund, World Bank
By Globe Banner | Dec 17, 2023
Somalia has reached the completion point of the Heavily Indebted Poor Countries (HIPC) Initiative, leading to significant debt service savings from the World Bank and International Monetary Fund (IMF). These savings are intended to bolster the nation's economy and provide access to additional resources. This announcement coincides with the sixth review of Somalia's Extended Credit Facility arrangement with the IMF.
Al-Jadaan named chair of the International Monetary and Financial Committee
By Globe Banner | Dec 14, 2023
The International Monetary and Financial Committee (IMFC) has selected Mohammed Al-Jadaan as its new chair. Al-Jadaan will assume this role for a three-year term, commencing in January.