Latest News
BMO lowers US dollar prime lending rate to 7 percent effective October 30
By Globe Banner | Oct 29, 2025
BMO announced on October 29, 2025, that it will lower its US dollar prime lending rate from 7.25 percent to 7.00 percent.
United States signs agreement with Malaysia on strengthening global critical mineral supply chains
By Globe Banner | Oct 29, 2025
The United States and Malaysia have signed a Memorandum of Understanding (MoU) to enhance cooperation in the development and expansion of critical minerals supply chains.
U.S. Embassy warns Americans after flooding continues in central Vietnam
By Globe Banner | Oct 29, 2025
Heavy rainfall caused by Tropical Depression Fengshen continues to affect central Vietnam, leading to ongoing flooding in Hue and nearby areas.
IMF survey shows rise in global digital finance but highlights persistent access gaps
By Globe Banner | Oct 29, 2025
The International Monetary Fund (IMF) has published the results of its 2025 Financial Access Survey (FAS), along with a report titled "Financial Access Survey: Fintech, a Catalyst for Financial Services Access, Innovation and Growth."
Bank of America schedules Investor Day for November 5, 2025
By Globe Banner | Oct 29, 2025
Bank of America has announced it will hold its Investor Day on November 5, 2025.
Palantir partners with NVIDIA to integrate accelerated computing into enterprise AI solutions
By Globe Banner | Oct 28, 2025
Palantir Technologies and NVIDIA have announced a partnership to create an integrated technology stack for operational artificial intelligence (AI).
Cambridge spinout develops AI tool aiming for early detection of dementia
By Globe Banner | Oct 28, 2025
Zoe Kourtzi, Professor of Computational Cognitive Neuroscience at the University of Cambridge and co-founder of Prodromic, has led the development of an artificial intelligence-based technology designed to predict the progression of brain diseases...
Rwanda adopts disaster risk finance strategy with support from World Bank
By Globe Banner | Oct 28, 2025
In May 2023, Rwanda experienced severe floods and landslides that resulted in the deaths of over 130 people, displacement of thousands, and destruction of infrastructure.
BMO commits $8 million for California nonprofits and wildfire recovery
By Globe Banner | Oct 28, 2025
BMO has announced an $8 million commitment to nonprofit organizations in California, including $5 million in new grants aimed at strengthening communities across the state.
Amazon partners with Singapore agency to boost national cyber defense
By K. T. Davies | Oct 28, 2025
Amazon, through its Amazon Web Services (AWS) unit, has announced the signing of a Memorandum of Cooperation with the Cybersecurity Agency of Singapore.
Amazon launches AI tool to improve passenger experience at Rome airport
By V. G. Gardner | Oct 28, 2025
Amazon, through its Amazon Web Services (AWS) unit, has announced a partnership with Aeroporti di Roma and Storm Reply to introduce an AI-powered virtual assistant at Rome's Fiumicino Airport.
Hurricane warning prompts limited operations at U.S. Embassy Nassau
By Globe Banner | Oct 28, 2025
A hurricane warning has been issued for the Central and Southeast Bahamas, as well as the Turks and Caicos Islands, due to Hurricane Melissa.
Business committee meets with university leaders on economic growth during visit to Cambridge
By Globe Banner | Oct 28, 2025
Members of the Business and Trade Select Committee visited Cambridge on October 27 as part of their annual engagement programme across the UK.
NVIDIA partners with Nokia on $1B investment targeting U.S.-led development of AI-native 6G networks
By Globe Banner | Oct 28, 2025
NVIDIA and Nokia have announced a strategic partnership aimed at advancing the development and deployment of AI-native mobile networks and networking infrastructure for 5G-Advanced and 6G technologies.
ING completes nearly entire €2 billion share buyback programme
By Globe Banner | Oct 28, 2025
ING has reported progress on its €2.0 billion share buyback programme, which was announced on 2 May 2025.
Bank of America wins four innovation awards for AI and digital capabilities
By Globe Banner | Oct 28, 2025
Bank of America has received four awards at the 2025 Datos Impact Awards, highlighting its advancements in artificial intelligence and digital solutions for financial services.
NVIDIA partners with US labs and companies to expand national AI infrastructure
By Globe Banner | Oct 28, 2025
NVIDIA has announced new collaborations with the U.S. Department of Energy’s national laboratories and leading American companies to develop advanced AI infrastructure intended to support scientific research, economic growth, and technological...
Leandro Rizzuto outlines U.S. priorities at Organization of American States credential ceremony
By Globe Banner | Oct 28, 2025
Leandro Rizzuto, the new U.S. Ambassador to the Organization of American States (OAS), presented his credentials and outlined the United States’ priorities for engagement with the OAS.
World Bank says sustained reforms needed for Pakistan's inclusive growth after floods
By Globe Banner | Oct 28, 2025
Pakistan’s economy grew by 3.0 percent in the fiscal year ending June 2025, an increase from 2.6 percent the previous year, according to the World Bank’s latest Pakistan Development Update: Staying the Course for Growth and Jobs.
ING completes over one million share repurchases in latest buyback update
By Globe Banner | Oct 28, 2025
ING reported that it repurchased 1,172,916 shares as part of its €1.1 billion share buyback programme.