Latest News
World Bank approves $75 million loan for Serbia's primary education reform
By Globe Banner | Aug 3, 2025
Serbia will receive a EUR 66.3 million ($75 million equivalent) loan from the World Bank to support reforms in its primary education system.
World Bank strengthens focus on jobs and economic resilience during Pacific visit
By Globe Banner | Aug 3, 2025
The World Bank Group is increasing its efforts to support job creation and economic resilience in the Pacific region, according to Anna Bjerde, Managing Director of Operations.
World Bank approves $20 million emergency credit for Belize’s climate resilience
By Globe Banner | Aug 3, 2025
Belize has secured a US$20 million Development Policy Credit with a Catastrophe Deferred Drawdown Option (Cat-DDO) from the World Bank Group.
World Bank funds São Paulo Metro Line 4 extension into Taboão da Serra
By Globe Banner | Aug 3, 2025
The World Bank Board of Directors has approved funding for the expansion of São Paulo's Metro Line 4, extending the service to Taboão da Serra.
World Bank approves €8 million loan for Montenegro’s digital payments modernization
By Globe Banner | Aug 3, 2025
The World Bank has approved an EUR 8 million loan to Montenegro aimed at modernizing the country’s digital payments infrastructure.
World Bank urges DRC to reform tax incentives for growth and equity
By Globe Banner | Aug 3, 2025
Rationalizing tax incentives in the Democratic Republic of Congo (DRC) could make tax policies more effective and support future reductions in tax rates, while maintaining resources for development and social spending.
Vocus completes $5.25bn acquisition of TPG Telecom's enterprise fixed business
By Globe Banner | Aug 2, 2025
Vocus has finalized its acquisition of TPG Telecom’s fibre assets and Enterprise, Government, and Wholesale fixed business for an enterprise value of A$5.25 billion.
Sun Life expands Family Leave Insurance offering to Massachusetts employers
By Globe Banner | Aug 2, 2025
Sun Life U.S. has announced the launch of Family Leave Insurance (FLI) in Massachusetts, expanding its family leave benefits to employers based in the state and allowing them to extend coverage to employees working outside Massachusetts.
Siemens tech boosts sustainability at Berlin State Library
By Globe Banner | Aug 2, 2025
Siemens Smart Infrastructure has installed smart building technology at the Berlin State Library’s ‘House Potsdamer Strasse’ in Germany.
Morgan Stanley outlook sees opportunity as commercial real estate prices reset
By Globe Banner | Aug 2, 2025
The 2025 real estate mid-year outlook from Morgan Stanley Real Estate Investing (MSREI) highlights the resilience of commercial real estate amid a volatile macroeconomic environment.
Australian consumer confidence remains steady as inflation expectations rise
By Globe Banner | Aug 2, 2025
Consumer confidence in Australia saw a small increase last week, rising by 0.4 points to reach 86.7 points, according to the latest ANZ-Roy Morgan survey.
Cover Whale receives $40 million from Morgan Stanley Expansion Capital for tech-driven insurance growth
By Globe Banner | Aug 2, 2025
Cover Whale Insurance Solutions, Inc. has announced it secured $40 million in equity financing from Morgan Stanley Expansion Capital.
Macquarie Bank wins major lender award from MFAA for sixth straight year
By Globe Banner | Aug 2, 2025
Macquarie Bank has been awarded the title of ‘Major Lender of the Year’ by the Mortgage & Finance Association of Australia (MFAA) for the sixth consecutive year.
Barclays withdraws from Net Zero Banking Alliance but maintains climate commitments
By Globe Banner | Aug 1, 2025
Barclays PLC has announced its decision to withdraw from the Net Zero Banking Alliance.
World Bank-backed project aims to boost resilience in southern Madagascar
By Globe Banner | Aug 1, 2025
In the southern regions of Androy and Anosy in Madagascar, local communities continue to face significant socio-economic and environmental difficulties.
EBA releases stress test results showing resilience in Nordea's capital position
By Globe Banner | Aug 1, 2025
The European Banking Authority (EBA) has released the results of its EU-wide stress test, which examined how banks would respond to severe economic shocks between 2025 and 2027.
Fubon Financial highlights rise in fraud cases and expands anti-fraud measures across all subsidiaries
By Globe Banner | Aug 1, 2025
Fubon Financial Holdings has marked the first anniversary of Taiwan’s “Four New Laws on Fraud Fighting” by strengthening its anti-fraud initiatives across its subsidiaries, including banking, life insurance, property insurance, and securities.
Societe Generale appoints Jerome Niddam as CEO for Asia Pacific
By Globe Banner | Aug 1, 2025
Jerome Niddam has been appointed Chief Executive Officer for Societe Generale Asia Pacific, replacing Cecile Bartenieff, who will become Head of Mobility and International Retail Banking & Financial Services.
Standard Chartered releases second quarter and half-year 2025 financial results
By Globe Banner | Jul 31, 2025
Standard Chartered PLC has published its financial results for the second quarter and half-year of 2025.
Yuanta FHC enhances ESG transparency with global standards adoption
By Globe Banner | Jul 31, 2025
Yuanta Financial Holding Company (FHC) has announced new measures to align its sustainability practices with global standards and increase the transparency of its sustainability information.