Latest News
Fubon Financial forum highlights top investment trends: focus on Europe, Japan; tech sectors gain traction
By Globe Banner | Jul 1, 2025
As the second half of 2025 begins, investment professionals are focusing on Europe and Japan as key markets for potential growth.
World Bank appoints Fily Sissoko as division director for Southern African nations
By Globe Banner | Jul 1, 2025
The World Bank Group has announced the appointment of Fily Sissoko as the new Division Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles.
World Bank approves emergency response project for Djibouti
By Globe Banner | Jul 1, 2025
Washington, July 1, 2025 — The World Bank has sanctioned a Contingent Emergency Response Project (CERP) for Djibouti.
World Bank appoints Enrique Blanco Armas as country manager for Lebanon
By Globe Banner | Jul 1, 2025
The World Bank Group has appointed Enrique Blanco Armas as the new Country Manager for Lebanon.
Barclays announces executive committee changes with new co-chief operating officers
By Globe Banner | Jul 1, 2025
Barclays has announced changes to its Group Executive Committee, effective immediately.
Macquarie Bank removes business account fees amid digital transformation
By Globe Banner | Jul 1, 2025
Macquarie Bank has announced a significant change for its business customers, who will now benefit from the removal of fees associated with account keeping and electronic transactions.
Standard Chartered responds to legal claims over alleged 1MDB fraud
By Globe Banner | Jul 1, 2025
Standard Chartered has responded to media reports concerning a legal case filed in the High Court of Singapore on June 30, 2025.
Slovenia increases financial support for world's poorest nations through World Bank initiative
By Globe Banner | Jul 1, 2025
Slovenia has announced a significant increase in its contribution to the World Bank's International Development Association (IDA), boosting it by 30%.
Germany launches new ERP promotional loans for SMEs
By Globe Banner | Jul 1, 2025
The Federal Ministry of Finance, the Federal Ministry for Economic Affairs and Energy, and KfW have launched two new promotional loan programs aimed at supporting businesses in digitalization and innovation.
World Bank outlines roadmap for leveraging minerals in Zambia's economic transition
By Globe Banner | Jul 1, 2025
Zambia's economy demonstrated resilience in 2024, achieving a growth rate of 4% despite challenges such as a historic drought and frequent power outages.
World Bank appoints Fabrizio Zarcone as new country manager for Armenia
By Globe Banner | Jul 1, 2025
The World Bank has announced the appointment of Fabrizio Zarcone as its new Country Manager for Armenia, effective July 1, 2025.
Axis Capital to announce Q2 financial results on July 29
By Globe Banner | Jul 1, 2025
AXIS Capital Holdings Limited has announced plans to release its financial results for the second quarter of 2025 on July 29, following the closure of financial markets.
Siemens strengthens position with Dotmatics acquisition
By Globe Banner | Jul 1, 2025
Siemens has finalized its acquisition of Dotmatics, a move that bolsters its standing as a leader in AI-powered PLM software.
Guinea's economy grows but faces challenges with poverty and resource mobilization
By Globe Banner | Jul 1, 2025
The latest Guinea Economic Update offers a comprehensive overview of the country's macroeconomic situation, recent developments, and future outlook.
Guillermo Trenas appointed managing director for Macquarie Capital's Spanish operations
By Globe Banner | Jul 1, 2025
Macquarie Capital has announced the appointment of Guillermo Trenas as Managing Director in Spain.
World Bank appoints new division director for Central Asia
By Globe Banner | Jul 1, 2025
Najy Benhassine has commenced his role as the World Bank Division Director for Central Asia, stationed in Tashkent, Uzbekistan.
World Bank appoints first country manager for Oman
By Globe Banner | Jul 1, 2025
The World Bank Group has appointed Wendy Werner as the first Country Manager for Oman, based in Muscat.
German municipalities face record investment backlog
By Globe Banner | Jul 1, 2025
Municipalities across Germany are reporting a growing investment backlog, according to the latest KfW Municipal Panel survey.
Siemens finalizes acquisition of ebm-papst's industrial drive technology business
By Globe Banner | Jul 1, 2025
Siemens has finalized its acquisition of ebm-papst's industrial drive technology business.
World Bank appoints Massimiliano Paolucci as new country manager for Albania
By Globe Banner | Jul 1, 2025
Massimiliano Paolucci has been appointed as the World Bank Group Country Manager for Albania, effective July 1, 2025.