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World Bank pledges support as new partnership framework launched in Bhutan
By Globe Banner | May 20, 2025
World Bank Managing Director for Operations Anna Bjerde concluded her first visit to Bhutan, where she reinforced the World Bank Group's commitment to supporting the country's economic and development objectives.
Siemens acquires Excellicon to enhance EDA capabilities
By Globe Banner | May 19, 2025
Siemens has announced an agreement to acquire Excellicon, a company known for its software that aids in the development, verification, and management of timing constraints.
World Bank aids Pacific Islands' healthcare improvement amid regional challenges
By Globe Banner | May 19, 2025
Between 2020 and 2024, the World Bank has facilitated health system improvements in Kiribati, Samoa, and Tuvalu, impacting around 340,000 people.
Siemens partners with TURN2X to boost green energy production
By Globe Banner | May 19, 2025
Siemens and TURN2X have entered into a partnership to enhance green energy production.
NCUA charters African Diaspora Federal Credit Union in St. Louis
By Globe Banner | May 19, 2025
The National Credit Union Administration (NCUA) has issued a federal charter and provided National Credit Union Share Insurance Fund coverage to the African Diaspora Federal Credit Union located in St. Louis, Missouri.
Islamic finance assets projected to reach $7.5 trillion by 2028 says Standard Chartered
By Globe Banner | May 19, 2025
Standard Chartered has released a report titled “Islamic Banking for Financial Institutions: Unlocking Growth Amidst Global Shifts,” forecasting that global Islamic finance assets will rise to USD 7.5 trillion by 2028.
World Bank relaunches partnership program for global asset management enhancement
By Globe Banner | May 19, 2025
The World Bank has approved the relaunch of its Reserve Advisory and Management Partnership (RAMP), a move aimed at bolstering global public asset management frameworks.
Transport connectivity identified as key factor in African food security challenges
By Globe Banner | May 19, 2025
Despite advancements in food production over the last thirty years, more than half of Africa's population still faces food insecurity.
World Bank director Anna Bjerde visits Bhutan to strengthen partnerships
By Globe Banner | May 17, 2025
Anna Bjerde, the World Bank's Managing Director of Operations, is visiting Bhutan for the first time.
Fubon supports World Masters Games 2025 with active participation
By Globe Banner | May 17, 2025
Fubon Financial Holdings is actively participating in the World Masters Games 2025, held in Taipei and New Taipei City.
UOB partners with SG Eco Fund for sustainability awareness through art
By Globe Banner | May 17, 2025
UOB and the SG Eco Fund have entered into a two-year partnership to enhance community awareness of sustainability through art.
Swiss Re posts $1.3 billion Q1 profit amid large catastrophe claims
By Globe Banner | May 16, 2025
Swiss Re has reported a net income of USD 1.3 billion for the first quarter of 2025, an increase from USD 1.1 billion in the same period last year.
World Bank supports Tonga's fiscal sustainability with $12 million grant
By Globe Banner | May 16, 2025
Tongans are set to benefit from a new phase of World Bank support designed to bolster public finances, enhance energy efficiency, and improve disaster preparedness.
Syria's debt to World Bank cleared by Saudi Arabia and Qatar
By Globe Banner | May 16, 2025
Effective May 12, 2025, Syria's outstanding debt of approximately $15.5 million to the International Development Association (IDA) has been cleared.
Report highlights challenges for Croatian women's workforce participation
By Globe Banner | May 16, 2025
Over the past decade, the labor market situation for Croatian women has improved significantly, nearing European Union (EU) averages.
World Bank approves $275M package for Pernambuco's fiscal improvement
By Globe Banner | May 16, 2025
The World Bank has approved a financing package to aid the State of Pernambuco in Brazil.
World Bank highlights urgent need for increased funding against global food crises
By Globe Banner | May 16, 2025
The World Bank Senior Managing Director, Axel van Trotsenburg, delivered remarks at the launch of the Global Report on Food Crises 2025.
Carl Kingston named Country Head for ANZ operations in India
By Globe Banner | May 16, 2025
ANZ has announced the appointment of Carl Kingston as the Country Head for ANZ India. Mr. Kingston, who joined ANZ in 2006, has played a key role in developing the bank's Financial Institutions Group (FIG) business in both London and Sydney,...
Standard Chartered appoints Jennifer Lassiter as head of digital assets
By Globe Banner | May 16, 2025
Standard Chartered has announced the appointment of Jennifer Lassiter as Head of Digital Assets for Europe and the Americas.
Croatia addresses youth unemployment with new policy recommendations
By Globe Banner | May 16, 2025
Croatia is facing significant challenges in its labor market, characterized by a shortage of workers and inadequate skills among the existing workforce.