Latest News
Sun Life to announce Q1 2025 financial results on May 8
By Globe Banner | Apr 24, 2025
Sun Life Financial Inc. is set to announce its first quarter financial results for 2025 on Thursday, May 8, after markets close.
World Bank and Italy sign co-financing agreement for Africa's development
By Globe Banner | Apr 24, 2025
Italy and the World Bank have formalized a co-financing agreement designed to propel Italy's Mattei Plan in Africa.
Ireland increases IDA fund contribution by 33% to support low-income countries
By Globe Banner | Apr 24, 2025
Ireland has bolstered its contribution to the International Development Association (IDA) by 33%, committing €141.4 million to support the world's poorest countries.
German tech leasing solutions bolstered in Mexico with $20M DEG support
By Globe Banner | Apr 24, 2025
Mexico, known for its strong processing sectors in automotive and electronics, is attracting renewed attention from German businesses.
BMO reminds investors of FNGA ETNs redemption and FNGB ETNs availability
By Globe Banner | Apr 24, 2025
Bank of Montreal (BMO) has reiterated its plans to redeem all outstanding MicroSectors FANG+ Index 3× Leveraged ETNs, known by their ticker "FNGA".
Leaders pledge support for Syria's economic reconstruction efforts
By Globe Banner | Apr 24, 2025
The Finance Minister of Saudi Arabia, the Managing Director of the International Monetary Fund (IMF), and the President of the World Bank Group (WBG) issued a joint statement concerning Syria's economic situation and recovery.
Cameroon launches projects to improve youth employment
By Globe Banner | Apr 24, 2025
Young individuals between 18 to 35 years old constitute 57% of Cameroon's labor force, yet many face challenges in securing employment.
KfW IPEX-Bank funds Liverpool Bay CCS project with £100 million investment
By Globe Banner | Apr 24, 2025
KfW IPEX-Bank announced it is providing £100 million in financing for Eni's Liverpool Bay CCS Carbon Dioxide Transport and Storage (T&S) Project.
Standard Chartered and Temenos collaborate on FX service integration
By Globe Banner | Apr 24, 2025
Standard Chartered and Temenos have joined forces to integrate the bank's foreign exchange (FX) service, SCALE, into the Temenos Exchange partner ecosystem.
Consumer confidence in Australia rises by 1.3 points amidst global trade concerns
By Globe Banner | Apr 23, 2025
Consumer confidence in Australia saw an increase last week, despite ongoing global uncertainty.
Anz announces new leadership roles for Chris Raciti in multiple regions
By Globe Banner | Apr 23, 2025
ANZ has announced the appointment of Chris Raciti as Country Head ANZ Singapore.
World Bank Report: Enhancing Finance Access for L&MIC Municipalities
By Globe Banner | Apr 23, 2025
Municipalities in low- and middle-income countries face challenges in securing adequate funding for necessary urban infrastructure projects.
Siemens and Koenig & Bauer partner to boost digital transformation in printing industry
By Globe Banner | Apr 23, 2025
Simatic AX software is now accessible to customers for programming and maintaining Siemens PLCs.
Bangladesh secures $850M from World Bank for port development and social protection
By Globe Banner | Apr 23, 2025
Bangladesh and the World Bank have entered into two financing agreements amounting to $850 million.
Afghan economy recovery hampered by fiscal and societal challenges, reports World Bank
By Globe Banner | Apr 23, 2025
Afghanistan's economy is showing signs of a gradual recovery, according to the World Bank's latest Afghanistan Development Update.
World Bank Group expands investment lab to boost job creation in developing countries
By Globe Banner | Apr 23, 2025
The World Bank Group has launched the next phase of its Private Sector Investment Lab, with a focus on job creation and expanding its membership to include industry leaders experienced in developing economies.
Chad adopts technology to improve agriculture and boost farmer productivity
By Globe Banner | Apr 23, 2025
The Climate Resilience and Agricultural Productivity Project (ProPAD) initiative in Chad has introduced a call center to help modernize the agricultural sector through technology.
Sub-Saharan Africa's economic growth continues amidst challenges and opportunities
By Globe Banner | Apr 23, 2025
Economic growth in Sub-Saharan Africa is showing signs of resilience despite global economic uncertainties and limited fiscal flexibility.
South Asia faces downgraded growth forecasts due to global economic uncertainties
By Globe Banner | Apr 23, 2025
The World Bank has reported a weakened growth outlook for South Asia amid global economic uncertainties, with predictions of growth dropping to 5.8 percent in 2025 and slightly recovering to 6.1 percent in 2026.
Maldives Development Update highlights economic outlook and challenges for 2025
By Globe Banner | Apr 23, 2025
The Maldives Development Update (MDU) has released its latest findings, offering a comprehensive analysis of the Maldives' economy based on recent developments and medium-term outlooks.