Banking &amp; Financial Services News on Globe Banner

Siemens Digital Industries Software has announced a new partnership with Alphawave Semi to enhance its offerings in silicon IP, particularly in the realm of advanced technology nodes.

World Bank advises Timor-Leste on economic reforms for sustainable growth

High government spending in Timor-Leste, relative to its GDP, coupled with modest returns from the Petroleum Fund, may affect the country's long-term fiscal stability.

Siemens partners with Guofu Hydrogen to boost global green hydrogen production

Siemens and Guofu Hydrogen have entered into a partnership aimed at advancing global green hydrogen production.

World Bank approves $110M grant for sustainable development on Kiritimati Island

The World Bank has approved a grant of USD 110 million (AUD 175 million) to support sustainable economic development on Kiritimati Island in Kiribati.

World Bank advises reforms for sustainable growth in Ghana

The World Bank Group has released a new Public Finance Review report titled "Building the Foundations for a Resilient and Equitable Fiscal Policy," focusing on Ghana's economic situation.

World Bank approves $120 million loan for Albania's fiscal resilience and green development

The World Bank Group has approved a $120 million loan to support Albania in enhancing fiscal resilience and promoting green development.

Barclays renews co-brand credit card partnership with Wyndham

Barclays US Consumer Bank has announced the renewal of its co-branded credit card program with Wyndham Hotels & Resorts.

Macquarie outlines climate strategy amid ongoing energy transition efforts

For over twenty years, Macquarie has collaborated with public and private sector stakeholders to facilitate the energy transition and develop climate solutions.

Siemens delivers additional 30 Mireo commuter trains to ÖBB

Siemens Mobility has announced the delivery of an additional 30 Mireo commuter trains to ÖBB, furthering their collaboration in modernizing rail transport in Austria.

Mohamed bin Zayed Water Initiative partners with World Bank on global water scarcity

Dubai, February 11, 2025 – The Mohamed bin Zayed Water Initiative and the World Bank have entered into a Memorandum of Understanding (MoU) to work together on initiatives aimed at enhancing innovation and investment in response to global water...

World Bank renews engagement with Barbados amid economic challenges

The World Bank Group has announced a new Country Engagement Note for Barbados, signaling the beginning of a renewed collaboration with the Caribbean nation.

UK consumer spending shows mixed trends amid economic uncertainty

Spending on essential items in the UK has seen a slight increase for the first time since August 2024, according to the latest Barclays Consumer Spend report.

World Bank approves $110 million for Ecuador's social protection enhancement

Ecuador has secured additional financial support from the World Bank to enhance its social protection systems, particularly benefiting the most vulnerable populations.

Consumer confidence dips amid varied economic conditions

Consumer confidence in Australia experienced a decline, falling 1.8 points to 86.7 last week, according to the latest figures.

German venture capital market sees dip in sentiment but holds optimistic outlook

The business climate in the German venture capital market has experienced a decline, as indicated by the latest findings from the VC Barometer.

Result-based financing: linking funds to achievements

Result-based financing (RBF) is increasingly recognized as a catalyst for innovation.

ANZ and Australia Post finalize terms for Bank@Post services access

ANZ has announced an agreement on key terms with Australia Post that will allow ANZ customers to use Bank@Post services starting from October 1, 2025.

Siemens Mobility wins major Deutsche Bahn contract with Leonhard Weiss