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Banking & Financial Services

Sun Life presents growth strategies at Investor Day 2024

Sun Life Financial Inc. is hosting its Investor Day 2024 in Toronto, presenting its achievements and future plans to investors.


Banking & Financial Services

Rwanda releases report on pathways to sustainable economic growth

The Government of Rwanda and the World Bank have released the Rwanda Country Economic Memorandum (CEM), titled “Pathways to Sustainable and Inclusive Growth in Rwanda.” This report highlights Rwanda's economic progress and offers strategies for...


Banking & Financial Services

Siemens extends Matthias Rebellius’s contract amid company transformation

Siemens AG has announced the extension of Matthias Rebellius's contract, ensuring his continued leadership within the company.


Banking & Financial Services

Thai veterans lead after first round of Fubon Senior Open

Thai golfers Prayad Marksaeng and Thammanoon Sriroj share the lead after the first round of the 2024 Fubon Senior Open, each scoring a 2-under-par 70.


Banking & Financial Services

ANZ allocates $250K grants through Seeds of Renewal program

ANZ and the Foundation for Rural & Regional Renewal (FRRR) have allocated $250,000 in grants to 22 community groups and not-for-profit organizations through the ANZ Seeds of Renewal program.


Banking & Financial Services

FSB emphasizes preparedness against potential bank failures

The Financial Stability Board (FSB) has issued a statement highlighting the importance of resolution planning and loss-absorbing capacity for banks that could be systemically significant or critical if they fail.


Banking & Financial Services

Holiday shoppers urged to guard against rising scam threats

As the holiday shopping season approaches, consumers are advised to be vigilant against potential fraud.


Banking & Financial Services

Cambodia enhances higher education through World Bank-backed project

Professor Phat Phanna, a prominent figure in Cambodian higher education, is making strides through the Higher Education Improvement Project (HEIP).


Banking & Financial Services

World Bank expands climate resilient debt clauses at COP28

The World Bank has announced an expansion of its climate resilient debt clauses (CRDCs) at COP28, broadening the scope of these clauses which were first introduced in June 2023.


Banking & Financial Services

World Bank extends debt relief options for disaster-hit small states

The World Bank Group has expanded its support for countries rebuilding after disasters, allowing small and vulnerable states to defer loan and interest repayments following catastrophic events.


Banking & Financial Services

Multilateral development banks announce increased climate finance goals at COP29

Multilateral development banks (MDBs) have announced plans to significantly increase climate financing by 2030.


Banking & Financial Services

Integrating natural capital accounting helps tackle biodiversity loss

Biodiversity is a vital resource for the livelihoods of millions, playing a crucial role in job creation, food security, climate resilience, and inclusive growth.


Banking & Financial Services

MDBs introduce framework for measuring climate results at COP28

The Multilateral Development Banks (MDBs) have taken a significant step towards improving the measurement of climate results.


Banking & Financial Services

KfW IPEX-Bank boosts funding for Voltera's US electric vehicle charging expansion

KfW IPEX-Bank has announced a $50 million financing deal for Voltera, a company focused on developing and operating charging infrastructure for zero-emission vehicle fleets in the United States.


Banking & Financial Services

MDBs unveil new framework for measuring climate action results

The Multilateral Development Banks (MDBs) have unveiled a new framework to measure climate results, fulfilling a commitment made at COP28.


Banking & Financial Services

World Bank launches blueprint targeting major methane emission reductions

The World Bank has introduced its Methane Reduction Blueprint at COP28, aiming to address methane emissions through various national programs.


Banking & Financial Services

World Bank aims for climate-friendly shift in global subsidy practices

The World Bank has announced its ongoing efforts to redirect harmful energy and agricultural subsidies towards more climate-friendly outcomes.


Banking & Financial Services

ING updates on share buyback progress with over 11 million shares repurchased

ING has provided an update on its ongoing €2.0 billion share buyback programme, which was initially announced on October 31, 2024.


Banking & Financial Services

Tony Hsieh releases memoir ahead of Fubon Senior Open

On the eve of the 2024 Fubon Senior Open, Tony Hsieh, a celebrated figure in Taiwanese golf, launched his memoir reflecting on his 60-year career.


Banking & Financial Services

DEG invests €23M for solar projects enhancing Senegal's rural power supply

The rural region of Casamance in southern Senegal faces significant infrastructure challenges, with many households lacking connection to the power grid.