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Banking & Financial Services

Siemens reports strong FY24 results; eyes continued growth amid economic uncertainties

Siemens AG has reported a successful fiscal year 2024, achieving record profits and maintaining its strategic focus.


Banking & Financial Services

Prudential partners with Icon Cancer Centre for expanded healthcare services

Prudential plc has announced a partnership with Icon Cancer Centre Singapore, expanding its healthcare network to offer cashless outpatient cancer treatment for customers in Singapore and Indonesia.


Banking & Financial Services

Barclays launches index analyzing UK business performance and growth potential

Barclays has introduced the Business Prosperity Index, a new quarterly analysis aimed at assessing business performance and identifying growth opportunities in the UK.


Banking & Financial Services

Macquarie sells AGS Airports to AviAlliance for £1.53 billion

Macquarie Asset Management and Ferrovial have announced the sale of AGS Airports to AviAlliance.


Banking & Financial Services

Benin's Azôli program empowers youth through job training at Glo-Djigbé Industrial Zone

The Glo-Djigbé Industrial Zone (GDIZ) in Benin is bustling with activity as young people, like Carine Judith Aboua, engage in garment manufacturing.


Banking & Financial Services

World Bank updates diagnostic report outlining growth strategies for Croatia

The World Bank Group has released the 2024 update of the Croatia Systematic Country Diagnostic (SCD), building on the initial edition from 2018.



Banking & Financial Services

Yong Wee Loon wins top honors at UOB Southeast Asian Painting Awards

Singaporean artist Yong Wee Loon has been awarded the 2024 UOB Southeast Asian Painting of the Year for his artwork "A Sip Through Time."


Banking & Financial Services

Sun Life presents growth strategies at Investor Day 2024

Sun Life Financial Inc. is hosting its Investor Day 2024 in Toronto, presenting its achievements and future plans to investors.


Banking & Financial Services

Rwanda releases report on pathways to sustainable economic growth

The Government of Rwanda and the World Bank have released the Rwanda Country Economic Memorandum (CEM), titled “Pathways to Sustainable and Inclusive Growth in Rwanda.” This report highlights Rwanda's economic progress and offers strategies for...


Banking & Financial Services

Siemens extends Matthias Rebellius’s contract amid company transformation

Siemens AG has announced the extension of Matthias Rebellius's contract, ensuring his continued leadership within the company.


Banking & Financial Services

Thai veterans lead after first round of Fubon Senior Open

Thai golfers Prayad Marksaeng and Thammanoon Sriroj share the lead after the first round of the 2024 Fubon Senior Open, each scoring a 2-under-par 70.


Banking & Financial Services

ANZ allocates $250K grants through Seeds of Renewal program

ANZ and the Foundation for Rural & Regional Renewal (FRRR) have allocated $250,000 in grants to 22 community groups and not-for-profit organizations through the ANZ Seeds of Renewal program.


Banking & Financial Services

FSB emphasizes preparedness against potential bank failures

The Financial Stability Board (FSB) has issued a statement highlighting the importance of resolution planning and loss-absorbing capacity for banks that could be systemically significant or critical if they fail.


Banking & Financial Services

Holiday shoppers urged to guard against rising scam threats

As the holiday shopping season approaches, consumers are advised to be vigilant against potential fraud.


Banking & Financial Services

Cambodia enhances higher education through World Bank-backed project

Professor Phat Phanna, a prominent figure in Cambodian higher education, is making strides through the Higher Education Improvement Project (HEIP).


Banking & Financial Services

World Bank expands climate resilient debt clauses at COP28

The World Bank has announced an expansion of its climate resilient debt clauses (CRDCs) at COP28, broadening the scope of these clauses which were first introduced in June 2023.


Banking & Financial Services

World Bank extends debt relief options for disaster-hit small states

The World Bank Group has expanded its support for countries rebuilding after disasters, allowing small and vulnerable states to defer loan and interest repayments following catastrophic events.


Banking & Financial Services

Multilateral development banks announce increased climate finance goals at COP29

Multilateral development banks (MDBs) have announced plans to significantly increase climate financing by 2030.


Banking & Financial Services

Integrating natural capital accounting helps tackle biodiversity loss

Biodiversity is a vital resource for the livelihoods of millions, playing a crucial role in job creation, food security, climate resilience, and inclusive growth.