Latest News
World Bank boosts Mali and Chad flood relief with $100 million funding
By Globe Banner | Apr 1, 2025
The World Bank has announced an approval for additional financing from the International Development Association amounting to $100 million, aimed at assisting Mali and Chad in mitigating the impacts of the 2024 floods.
E*TRADE releases monthly sector rotation study results
By Globe Banner | Apr 1, 2025
E*TRADE from Morgan Stanley has released the findings from its monthly sector rotation study.
Zambia explores solar solutions to boost electricity access by 2030
By Globe Banner | Apr 1, 2025
Access to electricity in Zambia has increased from 30% in 2017 to nearly 50% currently.
NCUA issues prohibition orders to six former credit union employees
By Globe Banner | Mar 31, 2025
The National Credit Union Administration (NCUA) has issued four consent orders and two prohibition notices in March 2025.
World Bank supports Philippines' energy transition and water management development
By Globe Banner | Mar 31, 2025
The World Bank has approved a financial operation to assist the Philippines in advancing its energy transition and climate resilience efforts.
World Bank approves $1.08 billion to support Nigeria's education and nutrition sectors
By Globe Banner | Mar 31, 2025
The World Bank has given the green light to three significant operations designed to bolster education, nutrition, and community resilience in Nigeria, with a combined concessional financing total of $1.08 billion.
Liberia's forest sector initiative strengthens community governance and promotes sustainable management
By Globe Banner | Mar 31, 2025
Deforestation remains a critical global issue, with 10 million hectares of forests lost every year and an additional 70 million hectares due to fires.
World Bank calls for inclusive education to address global learning barriers
By Globe Banner | Mar 31, 2025
Inclusive education is the focus of a recent initiative aimed at ensuring equal access to education for all students, regardless of their diverse educational needs.
Accenture and Siemens collaborate to form new business group focused on AI-driven manufacturing
By Globe Banner | Mar 31, 2025
At the Hannover Messe 2025, Accenture and Siemens announced the formation of a joint venture, the Accenture Siemens Business Group.
Siemens advances AI industries through Microsoft collaboration and Audi partnership
By Globe Banner | Mar 31, 2025
Siemens is advancing its position in the realm of Artificial Intelligence-driven industries by focusing on innovation and strategic partnerships.
ANZ announces leadership changes with new CEO and board appointments
By Globe Banner | Mar 31, 2025
ANZ has announced that Nuno Matos will assume the role of Chief Executive Officer on May 12, 2025, sooner than initially planned.
Siemens invests €97M in Canada for AI center to boost battery production
By Globe Banner | Mar 31, 2025
Siemens announced a significant investment in establishing a Global AI Manufacturing Technologies Research and Development Center for Battery Production in Canada.
Macquarie's InEvo Re enters first UK insurer transaction for pension risk transfer
By Globe Banner | Mar 31, 2025
Macquarie Asset Management, following the recent introduction of its specialist reinsurer InEvo Re, has announced its initial transaction with a UK-based insurer to reinsure their Pension Risk Transfer (PRT) liabilities.
Siemens Industrial Copilot wins top award for AI innovation
By Globe Banner | Mar 30, 2025
Siemens Industrial Copilot, a product developed to serve the discrete and process industries with generative AI, has garnered the prestigious Hermes Award for 2025.
Earthquake causes loss and damage in Myanmar and Thailand
By Globe Banner | Mar 29, 2025
The nations of Myanmar and Thailand have been affected by a significant earthquake on Friday.
China Construction Bank reveals financial results for 2024, marks key anniversaries
By Globe Banner | Mar 28, 2025
On March 28, 2025, China Construction Bank Corporation (CCB) announced its operating results for 2024.
ANZ Community Ball raises $150,000 for charities in Adelaide event
By Globe Banner | Mar 28, 2025
ANZ Corporation disclosed that the 2025 edition of the Community Ball in Adelaide successfully generated over $150,000 for local charities.
Alexis Kohler appointed executive vice president at Societe Generale
By Globe Banner | Mar 28, 2025
Societe Generale has announced the appointment of Alexis Kohler as Executive Vice President, effective June 2025.
World Bank approves $150 million for bridge resilience program in Nepal
By Globe Banner | Mar 28, 2025
The World Bank has approved a financing package of $150 million to support Nepal's Third Bridges Improvement and Maintenance Program (BIMP-III).
World Bank and El Salvador to use geothermal energy for sustainable development
By Globe Banner | Mar 28, 2025
The World Bank's Board of Executive Directors has given the green light to a project aimed at increasing El Salvador's renewable electricity generation capacity through the use of geothermal energy.