Latest News
World Bank debars GenKey Solutions B.V. over fraud related charges
By Globe Banner | Jul 8, 2025
The World Bank Group has announced an 18-month debarment with conditional release for GenKey Solutions B.V., a company based in the Netherlands.
German SMEs increase reliance on public funds for climate investments
By Globe Banner | Jul 8, 2025
Small and medium-sized enterprises (SMEs) in Germany are increasingly utilizing public promotional funds for their climate-related investments.
World Bank outlines strategies for boosting offshore wind projects in Viet Nam
By Globe Banner | Jul 8, 2025
The World Bank Group has released a report to guide stakeholders on the current policies and regulatory environment in Viet Nam, providing specific recommendations to enhance the framework for attracting private sector investment in offshore wind...
Morgan Stanley survey highlights benefits of having a professional financial plan
By Globe Banner | Jul 8, 2025
Morgan Stanley Wealth Management has released findings from a recent study, emphasizing the importance of financial planning in enhancing confidence and satisfaction among investors.
Morgan Stanley sells stake in New Jersey's Red Oak power facility
By Globe Banner | Jul 8, 2025
Morgan Stanley Investment Management has announced that it will sell its stake in TigerGenCo Red Oak Holdings, LLC to funds managed by Strategic Value Partners.
Canadians maintain retirement saving strategies amid market changes
By Globe Banner | Jul 8, 2025
Canadians are maintaining their commitment to retirement savings despite economic uncertainties, according to Sun Life's 2025 Designed for Savings report.
UK rent and mortgage spending slows; awareness gap in ownership schemes
By Globe Banner | Jul 7, 2025
Consumer spending on rent and mortgages in the UK grew by 4.3% year-on-year in June, according to data from Barclays Property Insights.
Ukraine bolsters healthcare amid war with World Bank support
By Globe Banner | Jul 7, 2025
In 2021, a World Bank-supported health initiative in Ukraine began with the goal of containing the COVID-19 pandemic.
NCUA supports Texas flood-affected credit unions ensuring deposit safety
By Globe Banner | Jul 7, 2025
As Texas recovers from recent severe storms and flooding, the National Credit Union Administration (NCUA) is actively monitoring the situation and providing support to affected credit unions.
IDA leverages resources for job creation across fragile markets
By Globe Banner | Jul 7, 2025
The International Development Association (IDA) Private Sector Window (PSW) is playing a significant role in job creation and economic growth in some of the world's most fragile markets.
Australian job ads reach highest point since September last year
By Globe Banner | Jul 7, 2025
ANZ-Indeed Australian Job Ads increased by 1.8% in June, marking the strongest monthly rise since September 2024.
Siemens opens modern train factory in Munich
By Globe Banner | Jul 7, 2025
Siemens has inaugurated a new train factory and service center in Munich-Allach, marking a significant investment in the region's rail industry.
Barclays appoints new Co-CEOs for Middle East operations
By Globe Banner | Jul 7, 2025
Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East operations.
World Bank appoints new country manager for Burundi
By Globe Banner | Jul 7, 2025
Mr. Babacar Sedikh Faye has been appointed as the World Bank Group (WBG) Country Manager for Burundi, with his role commencing on July 1, 2025.
Macquarie Bank suggests four questions to ask amid potential RBA rate cuts
By Globe Banner | Jul 7, 2025
With an official rate cut expected, Macquarie Bank advises Australian homeowners and savers to engage with their banks by asking four key questions to ensure they are getting the best financial deal.
German VC market grows with record unicorns and foreign investment
By Globe Banner | Jul 7, 2025
After a slow start to the year, the German venture capital market showed significant growth in the second quarter.
World Bank funds safer roads for cyclone-prone areas in Comoros
By Globe Banner | Jul 7, 2025
Comoros is set to rehabilitate 12 kilometers of climate-resilient roads, aimed at restoring connectivity and strengthening disaster resilience for 13,000 people in one of the country’s most cyclone-affected regions.
Howden Re releases climate report highlighting increased weather variability in Brazil
By Globe Banner | Jul 7, 2025
Howden Re Brazil, in collaboration with climate analytics firm MeteoIA, has released the fifth issue of its Brazil and Global Climate Impacts report.
Siemens partners with Microsoft for enhanced building IoT interoperability
By Globe Banner | Jul 7, 2025
Siemens has announced a collaboration with Microsoft to enhance the interoperability of IoT systems for buildings.
World Bank appoints Juan Pablo Uribe as director for Central America region
By Globe Banner | Jul 7, 2025
The World Bank has appointed Juan Pablo Uribe as the new Division Director for Central America and the Dominican Republic, with his tenure beginning on July 1, 2025.