Latest News
Société Générale reports strong Q1 2025 results, surpassing annual targets
By Globe Banner | Apr 30, 2025
Société Générale revealed a robust financial performance for the first quarter of 2025.
NCUA prohibits three individuals from working with federally insured institutions
By Globe Banner | Apr 30, 2025
The National Credit Union Administration (NCUA) has issued two consent orders and one prohibition notice this April.
Aida Welker to join KfW IPEX-Bank's management board, succeeding Andreas Ufer
By Globe Banner | Apr 30, 2025
Aida Welker will join the Management Board of KfW IPEX-Bank as of May 1, 2025.
NCUA liquidates Unilever Federal Credit Union due to insolvency
By Globe Banner | Apr 30, 2025
The National Credit Union Administration (NCUA) has liquidated the Unilever Federal Credit Union based in Englewood Cliffs, New Jersey, citing insolvency and no potential for restoring viable operations.
World Bank funds $216 million project for climate-resilient transport in Burkina Faso
By Globe Banner | Apr 30, 2025
The World Bank has approved a $216 million project aimed at enhancing climate-resilient transport infrastructure in the Sikasso-Korhogo-Bobo-Dioulasso (SKBo) region.
World Bank approves loan to support Eswatini's growth and economic reforms
By Globe Banner | Apr 30, 2025
The World Bank has approved a Development Policy Loan (DPL) to assist the Kingdom of Eswatini in its efforts to strengthen fiscal governance, promote private sector development, and enhance energy security and climate resilience.
Indonesia's first JETP solar project secures USD 60 million investment
By Globe Banner | Apr 30, 2025
DEG, Proparco, and Standard Chartered have announced their investment in Indonesia's first Just Energy Transition Partnership (JETP) solar project, valued at USD 60 million.
AIA Group reports 13% growth in value of new business in Q1 2025
By Globe Banner | Apr 30, 2025
Hong Kong - AIA Group Limited has announced a 13 per cent growth in the value of new business for the first quarter ending March 31, 2025, using constant exchange rates (CER).
Consumer confidence in Australia declines amid economic uncertainties
By Globe Banner | Apr 29, 2025
Consumer confidence in Australia has exhibited a notable decline in recent evaluations, with the weekly confidence index dropping by 2.1 points to 83.4.
China Construction Bank reports first quarter 2025 operating results
By Globe Banner | Apr 29, 2025
On April 29, 2025, China Construction Bank Corporation, known as CCB, released its operating results for the first quarter of 2025.
Global commodity prices predicted to hit a six-year low by 2026
By Globe Banner | Apr 29, 2025
Global commodity prices are anticipated to reach a six-year low by 2026, influenced by slowing economic growth and ample oil supply, according to the World Bank's latest Commodity Markets Outlook.
Tanzania's rural electrification transforms local businesses and industries
By Globe Banner | Apr 29, 2025
After living in Kawe near Dar es Salaam, Mosi Gungurugwa moved to Buyuni, a small village in Chalinze district.
Noelle Eder joins Standard Chartered as Group Head of Technology and Operations
By Globe Banner | Apr 29, 2025
Standard Chartered has announced the appointment of Noelle Eder as the Group Head of Technology and Operations, pending regulatory approval.
Electricity access boosts education and healthcare in Tanzania
By Globe Banner | Apr 29, 2025
In Tanzania, the introduction of electricity has notably improved education and healthcare services.
KfW becomes investor in Germany's first blockchain-based Pfandbrief
By Globe Banner | Apr 29, 2025
KfW's exploration of digital finance has taken a new turn as it becomes an investor in crypto securities, marking a significant shift in its approach.
World Bank raises $9 billion through dual-tranche bonds amid high investor demand
By Globe Banner | Apr 29, 2025
The World Bank has announced the successful pricing of two Sustainable Development Bonds, raising a total of USD 9 billion through a 3-year bond and a 7-year bond.
EU and World Bank partner to strengthen fiscal governance in the Western Balkans
By Globe Banner | Apr 29, 2025
Public finances in the Western Balkans experienced significant strain during the COVID-19 crisis, necessitating efforts to reduce public debt while continuing to encourage economic recovery.
Morocco takes steps to improve maternal and child health in rural areas
By Globe Banner | Apr 29, 2025
Morocco has made significant strides in reducing maternal, neonatal, and child mortality rates over the past few decades.
World Bank backs Rio Grande do Sul climate resilience project with $359.6 million
By Globe Banner | Apr 29, 2025
The World Bank's Board of Directors has approved a project aimed at aiding Rio Grande do Sul to handle extreme weather events and optimize public resource management.
World Bank urges action to increase Dominican women's role in STEM fields
By Globe Banner | Apr 29, 2025
Digital technologies are rapidly altering the global landscape, yet many Dominican girls and women remain underrepresented in fields like technology, science, mathematics, and engineering.