Latest News
World Bank increases commitment to climate finance at COP28
By Globe Banner | Nov 12, 2024
At the recent COP28 summit, the World Bank Group announced a significant increase in its climate finance allocation.
World Bank supports Philippine digital transformation with $750 million loan
By Globe Banner | Nov 12, 2024
Digital transformation is crucial for the Philippines to achieve resilient and inclusive economic growth.
ANZ strengthens partnership with $100K donation to DV Safe Phone
By Globe Banner | Nov 12, 2024
ANZ has made a significant contribution to DV Safe Phone, donating $100,000 as the organization celebrates providing its 10,000th phone to victims of domestic violence.
Hipgnosis completes $1.47 billion ABS deal backed by music royalties
By Globe Banner | Nov 11, 2024
Hipgnosis, a prominent music rights investment and management firm, has announced the completion of a $1.47 billion asset-backed securities (ABS) deal named Lyra 24-2.
Crisis-resilient loans offer relief to developing countries facing climate change
By Globe Banner | Nov 11, 2024
The impact of climate change is severe for numerous developing nations.
Fubon Senior Open starts Nov. 13; expands field for youth engagement
By Globe Banner | Nov 11, 2024
The Fubon Senior Open, a key event on the Taiwan Senior PGA Tour, is set to commence its 22nd edition at the Taiwan Golf & Country Club on November 13.
Kwenda cash transfer program aids Angolan families in fighting poverty
By Globe Banner | Nov 11, 2024
The village of Seles in Kwanza Sul, Angola, faces cold mornings and foggy weather.
Goldman Sachs acquires majority stake in Sila Services from Morgan Stanley
By Globe Banner | Nov 11, 2024
Investment funds managed by Morgan Stanley Capital Partners (MSCP) have reached an agreement to sell Sila Services to the Private Equity business at Goldman Sachs Alternatives.
Ethiopia's safety net program aids mother investing in children's future
By Globe Banner | Nov 11, 2024
Shemsi Adem faced numerous challenges following the death of her husband over 15 years ago.
Hannover Re raises profit forecast for 2024; expects EUR 2.4 billion net income in 2025
By Globe Banner | Nov 11, 2024
Hannover Re has reported a 30.4% increase in Group net income for the first nine months of 2024, reaching EUR 1.8 billion.
African leaders convene in Kigali to address learning crisis
By Globe Banner | Nov 11, 2024
Over 500 education leaders, including 28 ministers of education and representatives from 39 African countries, are gathering in Kigali, Rwanda, from November 11 to 13 for the Africa Foundational Learning Exchange (FLEX 2024).
PIK and KfW propose new financial model for carbon removals at World Climate Summit
By Globe Banner | Nov 11, 2024
The Potsdam Institute for Climate Impact Research (PIK) and KfW, a leading promotional bank, have introduced a new financing concept for carbon removals at the World Climate Summit.
Yuanta hosts Happiness Day for Tainan's remote area children at planetarium
By Globe Banner | Nov 11, 2024
Yuanta Financial Holding Company and the Yuanta Cultural and Educational Foundation organized the "Yuanta Happiness Day" in Tainan, southern Taiwan.
Siemens expands access to industrial AI with new products
By Globe Banner | Nov 11, 2024
Siemens is expanding access to industrial AI with its new offerings, including the Industrial Operations X and NVIDIA-accelerated industrial PCs.
Malaysia explores balancing migration reduction with increased automation
By Globe Banner | Nov 11, 2024
Malaysia is working towards reducing its reliance on migrant workers as outlined in the 12th Malaysia Plan.
KfW IPEX-Bank joins EUR 220M financing for DAH Group's biogas expansion
By Globe Banner | Nov 11, 2024
KfW IPEX-Bank has joined a consortium of five banks to finance the DAH Group's biogas platform.
Trump's re-election sparks S&P 500 surge amid Republican congressional gains
By Globe Banner | Nov 9, 2024
The U.S. stock market surged to new heights following the announcement of Donald Trump's election as President and the Republican Party's gain of Senate control.
Pacific Island countries engage in labor mobility exchange with Philippines
By Globe Banner | Nov 8, 2024
Representatives from Pacific Island countries recently visited the Philippines to participate in a Labor Mobility Study Visit and Knowledge Exchange.
Hannover Re announces leadership changes effective April 2025
By Globe Banner | Nov 8, 2024
Jean-Jacques Henchoz, the Chief Executive Officer of Hannover Re, has decided not to extend his contract and will step down from the Executive Board on March 31, 2025.