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World Bank highlights green transition opportunities in Tajikistan's new climate report
By Globe Banner | Nov 7, 2024
The World Bank Group has released its Tajikistan Country Climate and Development Report (CCDR), highlighting the potential for climate action to revitalize Tajikistan's economy while addressing climate change risks.
World Bank launches roadmap for Türkiye's offshore wind industry development
By Globe Banner | Nov 7, 2024
The World Bank Group, in collaboration with Türkiye's Ministry of Energy and Natural Resources, has unveiled a roadmap to develop an offshore wind industry in Türkiye.
Binance announces new privacy management feature
By Globe Banner | Nov 7, 2024
Binance has introduced a new feature that centralizes tools for privacy management, allowing users to download their personal data.
Standard Chartered and Ant International complete blockchain-based SGD transaction
By Globe Banner | Nov 6, 2024
Standard Chartered and Ant International have completed their first blockchain-based SGD-denominated liquidity transfer.
Blackstone acquires Retail Opportunity Investments Corp for $4 billion
By Globe Banner | Nov 6, 2024
Blackstone Real Estate and Retail Opportunity Investments Corp. (ROIC) have announced a definitive agreement in which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share.
Jordan expands job opportunities for Syrians amid ongoing refugee crisis
By Globe Banner | Nov 6, 2024
In Jordan, a World Bank-supported initiative, the Program for Results (P4R), has been working to increase formal employment opportunities for both Syrians and Jordanians.
ASEAN sees surge in fintech funding driven by AI and quantum computing
By Globe Banner | Nov 6, 2024
Funding for financial technology in the ASEAN region has seen a remarkable increase, growing more than tenfold since 2015.
World Bank report highlights benefits of accelerated decarbonization for Poland
By Globe Banner | Nov 6, 2024
Accelerated decarbonization efforts in Poland could drive economic growth, enhance competitiveness, and mitigate air pollution impacts, according to the World Bank Group's newly released Poland Country Climate and Development Report (CCDR).
World Bank appoints Dennis McLaughlin as chief risk officer
By Globe Banner | Nov 6, 2024
The World Bank Group has announced the appointment of Dennis McLaughlin as its new Chief Risk Officer and Vice President.
Yuanta Securities honored with work-life balance award by Taiwan's Ministry of Labor
By Globe Banner | Nov 6, 2024
Taiwan's Yuanta Securities has been recognized with the "2024 Work-Life Balance Award - Employee Care Award" by Taiwan’s Ministry of Labor.
FSB MENA discusses AI impacts at Riyadh meeting
By Globe Banner | Nov 6, 2024
The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) convened in Saudi Arabia at the Saudi Central Bank's headquarters in Riyadh.
Standard Chartered partners with Wise Platform for improved cross-border payments
By Globe Banner | Nov 5, 2024
Standard Chartered has announced a partnership with Wise Platform to enhance its cross-border payment service, SC Remit.
ING progresses with €2 billion share buyback program
By Globe Banner | Nov 5, 2024
ING has provided an update on its €2.0 billion share buyback program, originally announced on October 31, 2024.
BayernLB and KfW IPEX-Bank finance new electric trains for Ostsee-Alster network
By Globe Banner | Nov 5, 2024
BayernLB and KfW IPEX-Bank are collaborating to finance the acquisition of 18 electric double-deck trains for the Ostsee-Alster network.
Sahelian leaders highlight importance of pastoralism for regional stability
By Globe Banner | Nov 5, 2024
Today, pastoralism is a key focus for the Sahel and West Africa, as highlighted by Mohamed Ould El-Ghazaouani, President of Mauritania; Mahamat Idriss Déby, President of Chad; and Ousmane Diagana, World Bank Vice-President for West and Central...
World Bank backs climate initiatives across East Asia-Pacific region
By Globe Banner | Nov 5, 2024
The East Asia and Pacific (EAP) region, known for its vulnerability to climate-related extreme weather events, plays a crucial role in global climate change efforts.
Swiss Re sells European property & casualty unit of iptiQ
By Globe Banner | Nov 5, 2024
Swiss Re has agreed to sell iptiQ's European Property & Casualty (P&C) business to Allianz Direct.
Senegal urged to prioritize climate action for economic growth
By Globe Banner | Nov 5, 2024
A recent report by the World Bank Group emphasizes the economic and social advantages of climate action in Senegal, aligning with its Vision 2050 development plan.
Morgan Stanley's E*TRADE reveals monthly sector rotation study results
By Globe Banner | Nov 5, 2024
E*TRADE from Morgan Stanley has published its monthly sector rotation study, which analyzes the buying and selling behaviors of E*TRADE customers concerning stocks within the S&P 500 sectors.
UK retail sees modest recovery in October amid rising entertainment spend
By Globe Banner | Nov 5, 2024
Retail spending in the UK showed signs of recovery in October, with a 0.7% year-on-year increase, as reported by Barclays Consumer Spend.