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Banking & Financial Services

Algeria transitions from oil dependency towards a diversified economy

As dawn breaks at the Port of Algiers, cranes begin their work over container stacks.


Banking & Financial Services

World Bank backs Caribbean renewable energy facility to boost energy resilience

The World Bank's Board of Executive Directors has approved a new initiative known as the Caribbean Resilient Renewable Energy Infrastructure Investment Facility for Grenada, Saint Lucia, and Saint Vincent and the Grenadines.


Banking & Financial Services

DEG receives certifications for fair pay commitment and policies

Fair pay and equal opportunities are essential components of DEG's sustainable human resources policy.


Banking & Financial Services

Bombardier expands use of Siemens software to enhance aircraft engineering and innovation

Bombardier has announced an expanded partnership with Siemens to further incorporate the Siemens Xcelerator portfolio of industry software into its aircraft development process.


Banking & Financial Services

Middle East and North Africa tackle water crisis to boost growth

Countries in the Middle East and North Africa are addressing the growing water crisis by implementing measures aimed at securing their water resources for the future.


Banking & Financial Services

Young entrepreneurs in Germany optimistic about 2025 despite economic concerns

People who have recently started a business or are planning to do so exhibit more optimism regarding their personal future compared to the general German population.


Banking & Financial Services

World Bank approves $100 million for Armenia's tourism infrastructure and growth

The World Bank Group has approved a $100 million initiative aimed at enhancing Armenia's tourism and local infrastructure.


Banking & Financial Services

World Bank promotes health investments for economic growth and job creation globally

Investing in a skilled, healthy workforce, infrastructure, and technology is essential for economic growth and job creation.


Banking & Financial Services

Barclays and Brookfield form partnership to transform payment acceptance business

Barclays and Brookfield Asset Management Ltd. have entered into a strategic partnership to transform Barclays' payment acceptance business.


Banking & Financial Services

World Bank debars Xinjiang Xiaohaizi for 15 months over project fraud

The World Bank Group has announced a 15-month debarment of the Chinese company Xinjiang Xiaohaizi Water Conservancy Construction and Installation Engineering Co.


Banking & Financial Services

Consumer confidence falls amid global uncertainty and expectations of RBA rate cuts

Consumer confidence in Australia dipped by 2.6 points to reach 84.2 points last week, according to a recent report.


Banking & Financial Services

Efforts to tackle cervical cancer in Eastern and Southern Africa intensify

Cervical cancer remains a significant health threat in Eastern and Southern Africa, despite being preventable through vaccination and early screening.


Banking & Financial Services

Life and work of Luz Adriana Rodriguez dedicated to the Amazon

Luz Adriana Rodriguez, originally from Bogota, Colombia, has spent a significant part of her life dedicated to the Amazon.


Banking & Financial Services

ING updates on €2 billion share buyback programme progress

In Amsterdam, ING has provided an update on its €2.0 billion share buyback programme, originally announced on October 31, 2024.


Banking & Financial Services

World Bank expands investment in early childhood education in Europe and Central Asia

The World Bank Group has ramped up its efforts to expand play-based early learning in Europe and Central Asia to enhance foundational skills among young children.


Banking & Financial Services

UOB updates financing frameworks to support SMEs' green transitions

UOB has announced initiatives to enhance its support for small- and medium-sized enterprises (SMEs) in sectoral value chains, facilitating their access to sustainable financing through its Sustainable Financing Frameworks.


Banking & Financial Services

Sun Life honored as a top workplace for five years by USA Today

Sun Life U.S., headquartered in Wellesley, Massachusetts, has once again been recognized as a top workplace by USA Today.


Banking & Financial Services

UK consumers embrace British-made products amid import cost concerns

UK consumers are showing a strong commitment to locally made products, as concerns about the rising cost of imported goods grow.


Banking & Financial Services

IFC and Suzano S.A. promote sustainable forestry with new greenfield pulp mill in Brazil

The International Finance Corporation (IFC), in collaboration with Suzano S.A., has initiated a project aimed at fostering sustainable forestry practices in Brazil.


Banking & Financial Services

MIGA's $225M in guarantees support Sub-Saharan Africa's hotel projects

MIGA's provision of $225 million in guarantees has supported $450 million in foreign direct investment in the hospitality sector across Sub-Saharan Africa.