Latest News
Non-profits now eligible for ERP start-up loan in Germany
By Globe Banner | Nov 1, 2024
The ERP Start-up Loan – StartGeld program is expanding its reach to include non-profit enterprises starting November 1.
Pandemic Fund secures $2.8 billion for pandemic preparedness
By Globe Banner | Oct 31, 2024
The Pandemic Fund has announced a significant mobilization of resources, securing US$2.8 billion in new international financing over the past three months to enhance pandemic prevention, preparedness, and response capabilities in low- and...
KfW IPEX-Bank leads financing for major US offshore wind farm project
By Globe Banner | Oct 31, 2024
KfW IPEX-Bank is playing a significant role in the financing of the Coastal Virginia Offshore Wind Farm project in the United States.
Katherine Easmunt appointed as Chief Ethics Counsel by NCUA Board
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) Board has appointed Katherine Easmunt as the agency's Chief Ethics Counsel, effective November 3.
World Bank launches $593M program supporting Ukrainian SMEs amid ongoing conflict
By Globe Banner | Oct 31, 2024
The World Bank has announced a new initiative to bolster Ukraine's private sector.
NCUA issues prohibition notices against four former credit union employees
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) has issued three consent orders and one prohibition notice in October 2024.
Education Finance Watch reports stagnant global spending per child despite overall increase
By Globe Banner | Oct 31, 2024
The latest Education Finance Watch (EFW) 2024 report, a collaborative effort by the World Bank and UNESCO, highlights a decade-long increase in global education spending.
World Bank: Migration policies crucial for Europe's economic growth amid aging populations
By Globe Banner | Oct 31, 2024
A recent report by the World Bank emphasizes the growing importance of migration in fostering economic growth, enhancing competitiveness, and addressing inequalities in Europe and Central Asia.
World Bank warns of worsening economic crisis in Yemen amid ongoing conflict
By Globe Banner | Oct 31, 2024
Yemen's economy is facing severe challenges as the ongoing conflict, political division, and rising regional tensions worsen the humanitarian and economic crisis.
Societe Generale announces leadership changes with focus on retail banking
By Globe Banner | Oct 31, 2024
Societe Generale has announced significant changes in its management structure.
World Bank approves €635.5M package to boost Benin’s growth
By Globe Banner | Oct 31, 2024
The World Bank has approved a €635.5 million financing package through the International Development Association (IDA) to support Benin's efforts in strengthening private sector-led growth, boosting domestic revenue collection, and enhancing...
Group reports EUR 1.4 billion net income for Q3 amid strategic plan execution
By Globe Banner | Oct 31, 2024
Revenues for the third quarter of 2024 reached EUR 6.8 billion, marking a 10.5% increase compared to the same period in 2023.
World Bank releases report on managing successful migration in Europe and Central Asia
By Globe Banner | Oct 31, 2024
The World Bank has released a report titled "The Journey Ahead: Supporting Successful Migration in Europe and Central Asia," which delves into migration trends within the region and their implications for policymaking.
Morgan Stanley supports merger between ATSG and Evolve IP
By Globe Banner | Oct 31, 2024
Investment funds managed by Morgan Stanley Private Equity Secondaries, in collaboration with RunTide Capital, have completed an equity financing to finalize the merger of ATSG and Evolve IP.
German SME business sentiment sees slight dip amid mixed sector performance
By Globe Banner | Oct 31, 2024
Business sentiment among small and medium-sized enterprises (SMEs) in Germany experienced a slight decline in October, according to the latest KfW-ifo SME Barometer.
ING reports strong financial results for third quarter of 2024
By Globe Banner | Oct 31, 2024
ING has reported a net result of €1,880 million for the third quarter of 2024.
World Bank report urges faster development to tackle climate change risks
By Globe Banner | Oct 31, 2024
1.2 billion people worldwide are currently at high risk due to climate change, according to a recent report by the World Bank Group.
Siemens sells airport logistics unit to Vanderlande
By Globe Banner | Oct 31, 2024
Siemens AG has announced its decision to sell its airport logistics business to Vanderlande.
ING announces €2.5 billion shareholder distribution plan
By Globe Banner | Oct 31, 2024
ING has announced a shareholder distribution of up to €2.5 billion.
Mauritania hosts forum on livestock management in Sahel
By Globe Banner | Oct 31, 2024
The Islamic Republic of Mauritania is set to host a significant forum on livestock and pastoralism in the Sahel and West Africa from November 6 to 8, 2024.