Latest News
Somalia's economy grows despite challenges; future aid uncertainty looms
By Globe Banner | Jun 30, 2025
Somalia's economy demonstrated robust performance in 2024, achieving a growth rate of 4.0 percent.
UK sees surge in new businesses despite decline in equity investments
By Globe Banner | Jun 30, 2025
Barclays' latest Regional Investment Map reveals a shift in capital dynamics for UK startups and scale-ups.
Yuanta FHC recognized for meeting Paris Agreement's temperature target
By Globe Banner | Jun 30, 2025
Yuanta Financial Holding Company (FHC) has been recognized for its commitment to carbon reduction and sustainable finance.
World Bank appoints Jean Pesme as director for Bangladesh and Bhutan
By Globe Banner | Jun 30, 2025
Jean Pesme has assumed the role of Division Director for Bangladesh and Bhutan at the World Bank.
Ethiopia sees rapid digital growth with millions gaining mobile access
By Globe Banner | Jun 30, 2025
Between 2020 and 2024, Ethiopia experienced a significant increase in digital connectivity, gaining 7 million new mobile subscribers and increasing internet access for at least 4 million people.
East German Mark history remembered as unique chapter ends
By Globe Banner | Jun 30, 2025
It has been 35 years since the introduction of the Deutschmark in East Germany on July 1, 1990, which signaled the decline of the East German Mark.
World Bank urges agricultural reform for sustainable growth in Papua New Guinea
By Globe Banner | Jun 30, 2025
Papua New Guinea's economy is projected to grow by 4.7 percent in 2025, surpassing its historical average, according to the World Bank's latest Economic Update.
World Bank boosts global conservation efforts with $4 billion investment
By Globe Banner | Jun 30, 2025
The World Bank Group (WBG) is actively supporting countries in achieving sustainable economic development while conserving natural resources.
Joint MDBs report reveals $19.6 billion investment for global water security
By Globe Banner | Jun 30, 2025
The Joint MDB Water Security Financing Report 2024 represents a significant step by ten Multilateral Development Banks (MDBs) towards enhancing global water security.
Energy efficiency initiative transforms Mexican municipalities and hospitals
By Globe Banner | Jun 30, 2025
The Mexico Energy Efficiency in Public Facilities (PRESEMEH) project, launched in 2016 and concluded in 2023, aimed to enhance energy efficiency across Mexican municipalities and hospitals.
World Bank approves $400M road improvement project in rural Guatemala
By Globe Banner | Jun 30, 2025
The World Bank Group has approved a significant project aimed at enhancing road infrastructure in Guatemala.
Jumbotail acquires Solv India from SC Ventures
By Globe Banner | Jun 30, 2025
SC Ventures, a unit of Standard Chartered focused on innovation and investment in new ventures, has sold its incubated company Solv India to Jumbotail.
Everest Group releases 2024 global loss triangles
By Globe Banner | Jun 30, 2025
Everest Group, Ltd., a leader in global underwriting, has announced the publication of its Global Loss Triangles for the year ending December 31, 2024.
Warburg Pincus partners with leaders for new CFO advisory firm
By Globe Banner | Jun 30, 2025
Warburg Pincus has announced a partnership with Marissa Thomas and Steve Varley to launch Unity Advisory, a new CFO advisory firm.
David Flandro discusses emerging risks and ILS at Insurtech Insights USA
By Globe Banner | Jun 30, 2025
David Flandro, Head of Industry Analysis and Strategic Advisory at Howden Re, spoke with Lori Chordas from AM Best TV before his panel at the Insurtech Insights USA 2025 conference.
Fubon Financial wins multiple awards for corporate governance excellence
By Globe Banner | Jun 30, 2025
Fubon Financial Holdings has been recognized by "Corporate Governance Asia" for its corporate governance and sustainable operations.
World Bank reports on Libya's economic resilience amid challenges
By Globe Banner | Jun 30, 2025
Libya's economy showed signs of recovery in 2024, despite challenges related to its reliance on hydrocarbons and ongoing political instability.
Microfinancing aids Pakistani women's entrepreneurship amid challenges
By Globe Banner | Jun 30, 2025
Fifty-eight-year-old widow Arza Parveen, after her husband was injured in war, turned to microfinancing to support her family.
Survey shows global corporations see sustainability as long-term value opportunity
By Globe Banner | Jun 30, 2025
The latest "Sustainable Signals" report from the Morgan Stanley Institute for Sustainable Investing reveals that sustainability is still seen as a key opportunity for long-term value creation by most companies worldwide.