Latest News
European defense-focused private equity fund launched by major financial groups
By Globe Banner | Jun 16, 2025
Tikehau Capital, in collaboration with Société Générale Assurances, CNP Assurances, and the CARAC Group, has launched a private equity fund focused on European defense and security.
Mogadishu's Boondheere district thrives after pond rehabilitation
By Globe Banner | Jun 16, 2025
Habiba Omar Addow, a shop owner in Mogadishu's Boondheere District, expressed her relief at the impact of a rehabilitated water catchment pond on her community.
Howden Re partners with UCL for AI tools transforming reinsurance pricing
By Globe Banner | Jun 16, 2025
Howden Re and the UCL School of Management have been awarded £200,000 in government funding for a Knowledge Transfer Partnership (KTP).
World Bank offers strategies for sustainable growth in Sierra Leone amid climate threats
By Globe Banner | Jun 16, 2025
The World Bank has introduced two significant reports aimed at guiding Sierra Leone toward sustainable growth amidst climate challenges.
Siemens and COIMA revamp Pirelli 35 with significant energy savings
By Globe Banner | Jun 16, 2025
Siemens and COIMA have successfully transformed the historic "Pirelli 35" building in Milan's Porta Nuova district into a modern, energy-efficient structure.
World Bank invests over $2 billion in Indonesia's economy growth
By Globe Banner | Jun 15, 2025
The World Bank has approved two major investments totaling $2.128 billion to stimulate job creation, economic growth, and clean energy access in Indonesia.
Active management's edge in fixed income markets amid rising volatility
By Globe Banner | Jun 12, 2025
In the realm of fixed income investing, active management appears to hold a distinct advantage over passive strategies.
Women make strides in Somalia's male-dominated construction industry
By Globe Banner | Jun 12, 2025
In Mogadishu, Somalia's capital, the construction industry is witnessing a shift as women begin to break into the traditionally male-dominated field.
World Bank approves $34.5M for Bhutan's renewable natural resource transformation
By Globe Banner | Jun 12, 2025
The World Bank has approved $34.5 million in financing to support Bhutan's efforts to enhance value addition and employment in its agriculture, livestock, and forestry sectors.
World Bank: Myanmar faces economic contraction after March earthquake
By Globe Banner | Jun 12, 2025
Myanmar is grappling with significant economic challenges following the earthquake in March, according to a recent World Bank report.
Mortgage and rental spending growth slows down again
By Globe Banner | Jun 12, 2025
Data from Barclays Property Insights reveals a slowdown in the growth of consumer spending on rent and mortgages for the third consecutive month in May, with a year-on-year increase of 4.6%, compared to April's 5.2%.
World Bank outlines economic reform recommendations for Kyrgyz Republic
By Globe Banner | Jun 12, 2025
The World Bank has released its Country Economic Memorandum (CEM) for the Kyrgyz Republic, a detailed analytical report aimed at identifying key constraints to economic growth and suggesting reform directions.
FSB chair reflects on challenges in maintaining global financial stability
By Globe Banner | Jun 12, 2025
The Chair of the Financial Stability Board (FSB) delivered a comprehensive address reflecting on the state of financial stability, drawing parallels to a parable by David Foster Wallace.
World Bank approves $70M credit for Pakistan's revenue enhancement
By Globe Banner | Jun 11, 2025
The World Bank has announced an additional $70 million credit for the Pakistan Raises Revenue project, aiming to enhance domestic revenue collection and improve tax compliance in Pakistan.
World Bank pledges support for Ukraine's integration into European food system
By Globe Banner | Jun 11, 2025
Vienna, Austria - June 11, 2025 Anna Bjerde, World Bank Managing Director of Operations, addressed the High-Level Dialogue on Vision for Ukraine’s Future in the European Food System.
Consumer confidence rises slightly amid mixed economic indicators
By Globe Banner | Jun 11, 2025
Consumer confidence experienced a slight increase last week, rising by 0.3 points to reach 86.7 points.
Sympower CEO Simon Bushell discusses inequality, investment advice, and partnership with Activate
By Globe Banner | Jun 11, 2025
Welcome to our Meet the CEO series, featuring interviews with leaders from Activate portfolio companies.
ANZ launches first nations strategy aiming for $50 billion Indigenous economy
By Globe Banner | Jun 11, 2025
ANZ has introduced 'Fuelling the Fire', its first-ever First Nations Strategy, marking a significant initiative within the Australian banking sector.
Gender equality in care work linked to economic stability
By Globe Banner | Jun 11, 2025
Care work highlights gender disparities, with women comprising around 62.1% of the global paid health and care workforce and an estimated 76% of all unpaid care work.
Social protection project aids displaced families in Pakistan
By Globe Banner | Jun 11, 2025
In Khyber Pakhtunkhwa, Pakistan, a significant effort is underway to assist nearly one million families affected by conflict and displacement.