Latest News
Siemens completes €110 million upgrade on Dutch rail yard
By Globe Banner | Jun 2, 2025
Siemens Mobility has completed the modernization of the Kijfhoek freight railyard for ProRail B.V. The facility is now fully operational with a new automated yard management system.
EU explores catastrophe bonds for managing rising climate risks
By Globe Banner | Jun 2, 2025
The recent EU Commission event, "Insurance and Access to Finance for Farm Resilience and Adaptation in the EU," served as a platform to discuss innovative financial solutions for managing climate risks.
Fintech sector sees significant growth as new report highlights industry trends
By Globe Banner | Jun 2, 2025
Global fintech is experiencing a period of growth and maturity, according to a report by Boston Consulting Group (BCG) and QED Investors titled "Fintech’s Next Chapter: Scaled Winners and Emerging Disruptors."
Tim Chapman appointed head of construction at Arch Insurance International
By Globe Banner | Jun 2, 2025
Arch Insurance International has announced the appointment of Tim Chapman as Head of Construction, effective immediately.
Howden Re forecasts above-average hurricane activity for Atlantic season
By Globe Banner | Jun 2, 2025
The 2025 Atlantic hurricane season, commencing on June 1 and concluding on November 30, is expected to experience above-average activity.
Macquarie closes debut US CLO worth $409.2 million
By Globe Banner | Jun 2, 2025
Macquarie Asset Management has announced the closing of Market Street CLO Ltd. 1, marking its first US Collateralized Loan Obligation (CLO) issuance.
Pamela Guerrero appointed head of wholesale casualty at Everest Evolution
By Globe Banner | Jun 2, 2025
Everest has announced the appointment of Pamela Guerrero as Head of Wholesale Casualty for Everest Evolution, its U.S. Wholesale business division.
World Bank approves $257 million for electricity and irrigation projects in Nepal
By Globe Banner | Jun 1, 2025
The World Bank has approved two significant projects for Nepal, totaling $257 million, aimed at improving electricity distribution and irrigation services.
World Bank invests $100M in Papua New Guinea's education sector
By Globe Banner | May 30, 2025
More than 375,000 children in Papua New Guinea will benefit from a significant new education project aimed at improving classrooms and supporting teachers.
Sun Life sets new dividend rates for preferred shares series
By Globe Banner | May 30, 2025
Sun Life Financial Inc. has announced the dividend rates for its Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR.
NCUA issues prohibition order; terminates cease & desist order
By Globe Banner | May 30, 2025
The National Credit Union Administration (NCUA) has issued a prohibition order against Desiree Canepa, a former employee of Antioch Community Federal Credit Union in Antioch, California.
World Bank funds $200M project to boost Cameroon's infrastructure
By Globe Banner | May 30, 2025
The World Bank has approved a $200 million funding initiative for the Sustainable Cities and Land project in Cameroon.
ANZ honored as most trusted advisor at ACTA awards
By Globe Banner | May 30, 2025
ANZ's Institutional division has been recognized at the 2025 Australian Corporate Treasury Association (ACTA) awards, receiving accolades as Most Trusted Advisor and Most Innovative Transactional Bank.
World Bank introduces new partnership framework focusing on job creation in Liberia
By Globe Banner | May 29, 2025
The World Bank Group (WBG) has introduced a new Country Partnership Framework (CPF) for Liberia, aiming to support the creation of more and better jobs by concentrating on four key areas: education, energy access, accountable governance, and...
World Bank supports capacity building projects in FSM & RMI
By Globe Banner | May 29, 2025
Citizens, communities, and businesses in the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) are expected to benefit from improved public services through a new World Bank-supported project.
World Bank reports strong progress on poverty reduction in Bhutan
By Globe Banner | May 29, 2025
Bhutan has made significant strides in reducing poverty, with rates dropping from 28% in 2017 to 11.6% in 2022, according to a new report by the World Bank.
J.P. Morgan unveils expansive summer reading list for 2025
By Globe Banner | May 29, 2025
J.P. Morgan has unveiled its 26th annual Summer Reading List, featuring a diverse collection of 16 titles from various authors.
World Bank unveils new framework focusing on jobs and resilience in Nepal
By Globe Banner | May 29, 2025
The World Bank's Board of Executive Directors has introduced a new seven-year Country Partnership Framework (CPF) for Nepal, emphasizing job creation and resilience to natural disasters, including those related to climate change.
ANZ report reveals FOMO effect driving Australian farmland value surge
By Globe Banner | May 28, 2025
The latest ANZ Agri InFocus report highlights a significant trend in the Australian farmland property market, where rising land values are being driven by a sharp decline in the number of properties available for sale.
ANZ report highlights contrasting trends within Australia's cattle industry
By Globe Banner | May 28, 2025
Local factors are influencing cattle prices across Australia, as the southern region experiences destocking while the north focuses on restocking.