Latest News
World Bank debars two St. Lucian firms over fraudulent practices
By Globe Banner | Jun 18, 2025
The World Bank Group has announced the debarment of two companies from St. Lucia, Computer and Electrical Services Ltd. and Darcheville Construction Equipment Sales Ltd., for 18 months due to fraudulent practices.
World Bank approves $640M projects for energy security and air quality in Bangladesh
By Globe Banner | Jun 18, 2025
The World Bank has approved two projects worth $640 million to assist Bangladesh in enhancing its gas supply and improving air quality.
World Bank releases report on air quality management in Central Asia
By Globe Banner | Jun 17, 2025
The World Bank has released its first regional-level assessment of air quality management (AQM) in Central Asia, titled "Air Quality Management in Central Asia."
China-WBG partnership launches center focusing on ecological systems
By Globe Banner | Jun 17, 2025
The China–WBG Global Center for Ecological Systems and Transitions (GKC) represents a collaboration between the Ministry of Finance of the People's Republic of China and the World Bank Group (WBG).
FSB group discusses financial vulnerabilities in Sub-Saharan Africa
By Globe Banner | Jun 17, 2025
Members of the Financial Stability Board's (FSB) Regional Consultative Group for Sub-Saharan Africa convened in Livingstone on June 17, 2025.
FSB Regional Consultative Group discusses financial stability in Nassau
By Globe Banner | Jun 17, 2025
The FSB Regional Consultative Group for the Americas convened in Nassau on June 17, 2025.
Siemens plans new data center hub in Madrid to boost digital development
By Globe Banner | Jun 17, 2025
Siemens has announced plans to establish a data center hub in Madrid, Spain.
Morgan Stanley and Scion partner on $262M student housing deal near Ole Miss
By Globe Banner | Jun 17, 2025
Morgan Stanley Investment Management, through its Morgan Stanley Real Estate Investing (MSREI) division, and The Scion Group have announced a joint venture to acquire student housing communities in Oxford, Mississippi.
World Bank issues largest supranational bond in Swiss Franc market since 2014
By Globe Banner | Jun 17, 2025
The World Bank has announced the pricing of a 7-year benchmark bond denominated in Swiss Francs, maturing in June 2032.
Australian consumer confidence drops amid geopolitical uncertainty
By Globe Banner | Jun 17, 2025
Consumer confidence in Australia has experienced a decline, dropping 1.3 points last week to reach 85.4 points.
World Bank urges multi-sector approach for clean air in Nepal
By Globe Banner | Jun 17, 2025
Air pollution is identified as the leading health risk factor in Nepal, according to a new report by the World Bank.
World Bank approves $30M grants for financial inclusion and education projects in Yemen
By Globe Banner | Jun 17, 2025
The World Bank has approved US$30 million in grants to support Yemen's digital financial infrastructure and education access for children in disadvantaged areas.
World Bank reports lowest foreign direct investment levels since 2005
By Globe Banner | Jun 16, 2025
Flows of foreign direct investment (FDI) into developing economies have fallen to their lowest level since 2005, according to new research from the World Bank.
Lynn Good joins Morgan Stanley board; expands board membership
By Globe Banner | Jun 16, 2025
Morgan Stanley has announced the election of Lynn Good to its Board of Directors, effective July 18, 2025.
Global response needed as forest fire threats intensify across continents
By Globe Banner | Jun 16, 2025
Forest fires are increasingly becoming a global issue, with significant impacts on people, economies, and natural resources.
KfW Entrepreneurs' Award final application deadline approaches
By Globe Banner | Jun 16, 2025
The KfW Entrepreneurs’ Award 2025 is approaching its application deadline.
Everest forms unified specialties business led by Paul Trueman
By Globe Banner | Jun 16, 2025
Everest has announced the formation of a unified Specialties business within its international insurance division.
World Bank funds $37M project for improved waste management in Laos
By Globe Banner | Jun 16, 2025
The World Bank has approved a project aimed at enhancing the management of waste, plastics, and pollution in Laos.
AcegasApsAmga adopts Siemens' Gridscale X for Trieste's energy grid enhancement
By Globe Banner | Jun 16, 2025
Siemens and AcegasApsAmga have announced a collaboration aimed at enhancing the stability of Trieste's energy grid.
Private equity fund launched focusing on European defense
By Globe Banner | Jun 16, 2025
Tikehau Capital has announced the launch of a new private equity fund in collaboration with Société Générale Assurances, CNP Assurances, and CARAC Group.