Latest News
Consumer confidence in Australia declines amid economic uncertainties
By Globe Banner | Apr 29, 2025
Consumer confidence in Australia has exhibited a notable decline in recent evaluations, with the weekly confidence index dropping by 2.1 points to 83.4.
China Construction Bank reports first quarter 2025 operating results
By Globe Banner | Apr 29, 2025
On April 29, 2025, China Construction Bank Corporation, known as CCB, released its operating results for the first quarter of 2025.
Global commodity prices predicted to hit a six-year low by 2026
By Globe Banner | Apr 29, 2025
Global commodity prices are anticipated to reach a six-year low by 2026, influenced by slowing economic growth and ample oil supply, according to the World Bank's latest Commodity Markets Outlook.
Tanzania's rural electrification transforms local businesses and industries
By Globe Banner | Apr 29, 2025
After living in Kawe near Dar es Salaam, Mosi Gungurugwa moved to Buyuni, a small village in Chalinze district.
Noelle Eder joins Standard Chartered as Group Head of Technology and Operations
By Globe Banner | Apr 29, 2025
Standard Chartered has announced the appointment of Noelle Eder as the Group Head of Technology and Operations, pending regulatory approval.
Electricity access boosts education and healthcare in Tanzania
By Globe Banner | Apr 29, 2025
In Tanzania, the introduction of electricity has notably improved education and healthcare services.
KfW becomes investor in Germany's first blockchain-based Pfandbrief
By Globe Banner | Apr 29, 2025
KfW's exploration of digital finance has taken a new turn as it becomes an investor in crypto securities, marking a significant shift in its approach.
World Bank raises $9 billion through dual-tranche bonds amid high investor demand
By Globe Banner | Apr 29, 2025
The World Bank has announced the successful pricing of two Sustainable Development Bonds, raising a total of USD 9 billion through a 3-year bond and a 7-year bond.
EU and World Bank partner to strengthen fiscal governance in the Western Balkans
By Globe Banner | Apr 29, 2025
Public finances in the Western Balkans experienced significant strain during the COVID-19 crisis, necessitating efforts to reduce public debt while continuing to encourage economic recovery.
Morocco takes steps to improve maternal and child health in rural areas
By Globe Banner | Apr 29, 2025
Morocco has made significant strides in reducing maternal, neonatal, and child mortality rates over the past few decades.
World Bank backs Rio Grande do Sul climate resilience project with $359.6 million
By Globe Banner | Apr 29, 2025
The World Bank's Board of Directors has approved a project aimed at aiding Rio Grande do Sul to handle extreme weather events and optimize public resource management.
World Bank urges action to increase Dominican women's role in STEM fields
By Globe Banner | Apr 29, 2025
Digital technologies are rapidly altering the global landscape, yet many Dominican girls and women remain underrepresented in fields like technology, science, mathematics, and engineering.
HSBC reports decline in profits for Q1 2025 amid business disposals
By Globe Banner | Apr 29, 2025
HSBC Holdings plc announced its financial performance for the first quarter of 2025.
KfW IPEX-Bank finances Arlanda express high-speed trains in Sweden
By Globe Banner | Apr 29, 2025
KfW IPEX-Bank has arranged and provided SEK 728 million in funding for high-speed trains on the Arlanda express, a non-stop rail line connecting Stockholm to Arlanda Airport.
World Bank allocates $125.94 million to bolster Ghana's food system resilience
By Globe Banner | Apr 29, 2025
The World Bank Board of Directors approved additional financing for the second phase of the West Africa Food System Resilience Program (FSRP) to support Ghana's efforts in mitigating food insecurity and enhancing resilient food systems.
IHH Healthcare secures S$300 million sustainability-linked loan with UOB
By Globe Banner | Apr 29, 2025
IHH Healthcare has secured a sustainability-linked loan valued at S$300 million through United Overseas Bank (UOB).
NG progresses on €2 billion share buyback with further share acquisitions
By Globe Banner | Apr 29, 2025
NG has provided an update on its €2.0 billion share buyback programme initiated on October 31, 2024.
DEG backs floating solar project on Java
By Globe Banner | Apr 29, 2025
DEG, an impact and climate financier, has announced its support for a 60MW floating solar power plant on the island of Java, Indonesia.
Haiti's crisis recovery plan discussed at World Bank/IMF meeting
By Globe Banner | Apr 28, 2025
Haiti is in the midst of facing significant political and security challenges.
Germany loses EU export shares to China, says KfW report
By Globe Banner | Apr 28, 2025
The competition between Germany and China in the European Union markets is becoming increasingly fierce.