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Banking & Financial Services

Societe Generale reports strong financial results for full-year ending December 31st 2024

Societe Generale has reported its financial results for the fourth quarter and full year of 2024, revealing a significant increase in net income and surpassing all group targets.


Banking & Financial Services

Submarine power cable strengthens Italy-Tunisia energy ties

Italy and Tunisia, separated by 200 kilometers of the Mediterranean Sea, are moving towards closer energy cooperation with a planned submarine power cable between Cap Bon in Tunisia and Sicily.


Banking & Financial Services

KfW IPEX-Bank finances part of Hapag-Lloyd's $4 billion shipbuilding project

Hapag-Lloyd, Germany's largest liner shipping company, has embarked on a significant newbuilding program.


Banking & Financial Services

Trump administration uses tariffs as leverage beyond trade

Tariffs have long been associated with trade, but their role as a negotiating tool has gained prominence in recent years.


Banking & Financial Services

Siemens enhances Aral pulse's EV charging with Electrification X

Siemens is enhancing the efficiency and safety of Aral pulse's charging infrastructure through its Electrification X platform.


Banking & Financial Services

KfW focuses on strengthening Germany's economy and climate action efforts in 2025

KfW, the German development bank, announced plans to intensify its focus on bolstering Germany's economic competitiveness in 2025.


Banking & Financial Services

Macquarie finances €97M for Greenalia’s renewable energy expansion

Macquarie Asset Management has announced a €97 million debt financing agreement with Greenalia Power Spain, an independent power producer dedicated to renewable energy.


Banking & Financial Services

Siemens Mobility secures first order for battery-equipped Vectron locomotives

JeMyn AG, a subsidiary of Widmer Rail Services AG, has placed an order for two Vectron locomotives equipped with battery power modules.


Banking & Financial Services

Efforts needed to address Malaysia's economic inequality ahead of high-income status

Malaysia is on a path toward becoming a high-income nation by 2028-2030, according to a recent report.


Banking & Financial Services

Croatia shifts focus from institutional care to community integration

Croatia is advancing its efforts to transition over 900 children, youth, and individuals with disabilities from institutional care to community-based living.


Banking & Financial Services

State revenue growth slows; majority maintain stable outlook

Morgan Stanley Investment Management (MSIM) has released its 12th annual State of the States Report, highlighting a slowdown in revenue growth following two years of pandemic-related government stimulus.


Banking & Financial Services

World Bank highlights steps for Malaysia's path to high-income status

Malaysia is on the path to achieving high-income nation status between 2028 and 2030, according to a joint report by the World Bank and Malaysia's Ministry of Economy.


Banking & Financial Services

World Bank project aims to expand electricity access in Madagascar

Access to electricity is crucial for countries like Madagascar, where it can transform lives and boost economic growth.


Banking & Financial Services

ANZ named best bank in Asia for relationship quality for eighth consecutive year

ANZ's Institutional business has been honored with the title of Best Bank – Corporate Banking in Asia, in recognition of its relationship quality.


Banking & Financial Services

NAB provides $1,000 grants for flood-stricken customers in Western Queensland

NAB is extending financial assistance to its customers in Western Queensland who have been affected by recent flooding.


Banking & Financial Services

Belize partners with World Bank on new $58M energy resilience project

The Government of Belize, in collaboration with the World Bank and the Government of Canada, has launched a new energy project designed to enhance the country's power supply and improve electricity service reliability.


Banking & Financial Services

BMO introduces embedded banking solution for ERP integration

BMO, in collaboration with FISPAN, has introduced BMO Sync, a new solution designed to integrate BMO Online Banking for Business services directly into Enterprise Resource Planning (ERP) and accounting systems.


Banking & Financial Services

Consumer confidence in Australia reaches highest point since May 2022

Consumer confidence is at a 32-month high, with last week's figures revealing a rise of 2.5 points to 88.5 points.


Banking & Financial Services

ING progresses with €2 billion share buyback programme

ING has provided an update on its €2.0 billion share buyback programme, initially announced on October 31, 2024.


Banking & Financial Services

Sun Life U.S. teams up with Maine Celtics for youth fitness program

Sun Life U.S. and the Maine Celtics recently organized the second annual Fit to Win event at the Boys and Girls Club of Southern Maine in Portland.