Latest News
German municipalities face record investment backlog
By Globe Banner | Jul 1, 2025
Municipalities across Germany are reporting a growing investment backlog, according to the latest KfW Municipal Panel survey.
Siemens finalizes acquisition of ebm-papst's industrial drive technology business
By Globe Banner | Jul 1, 2025
Siemens has finalized its acquisition of ebm-papst's industrial drive technology business.
World Bank appoints Massimiliano Paolucci as new country manager for Albania
By Globe Banner | Jul 1, 2025
Massimiliano Paolucci has been appointed as the World Bank Group Country Manager for Albania, effective July 1, 2025.
U.S. Embassy seeks Tunis-based firm for social media services
By Globe Banner | Jul 1, 2025
The U.S. Embassy to Libya has announced a request for quotation (RFQ) seeking a Tunis-based company to provide social media services.
Warburg Pincus acquires majority stake in uvex group
By Globe Banner | Jul 1, 2025
The uvex group, a family-owned company known for personal protective and sports equipment, has announced that Warburg Pincus will acquire a majority interest in the firm.
Siemens completes acquisition of ebm-papst's industrial drive technology business
By Globe Banner | Jul 1, 2025
Siemens has finalized the acquisition of ebm-papst's industrial drive technology business.
NCUA liquidates Aldersgate Federal Credit Union due to insolvency
By Globe Banner | Jul 1, 2025
The National Credit Union Administration (NCUA) has liquidated Aldersgate Federal Credit Union in Marion, Illinois.
ANZ opens applications for Seeds of Renewal grants supporting rural Australia
By Globe Banner | Jul 1, 2025
Applications are now open for the 2025 ANZ Seeds of Renewal program, which offers grants of up to $15,000 to support not-for-profit and community groups across remote, rural, and regional Australia.
Guinea's economic update highlights need for inclusive growth reforms
By Globe Banner | Jul 1, 2025
Guinea is experiencing accelerated economic growth, but the country faces challenges in making this growth more inclusive and enhancing domestic resource mobilization for long-term development.
U.S. calls for refocus at 44th session of FAO conference
By Globe Banner | Jul 1, 2025
Michelle Bekkering, Deputy Under Secretary for Trade and Foreign Agricultural Affairs at the U.S. Department of Agriculture, delivered a statement at the 44th Session of the FAO Conference on July 1, 2025.
World Bank appoints Jason Pellmar as Country Manager for Bulgaria
By Globe Banner | Jul 1, 2025
Starting July 1, 2025, Jason Pellmar takes on the role of World Bank Group Country Manager for Bulgaria.
Macquarie-led consortium invests £1.2 billion in Southern Water
By Globe Banner | Jul 1, 2025
A consortium led by Macquarie Asset Management (MAM) has announced an equity support package for Southern Water, totaling up to £1.2 billion.
Robert Swaak joins Barclays UK board as non-executive director
By Globe Banner | Jul 1, 2025
Barclays Bank UK PLC has announced the appointment of Robert Swaak as a Non-Executive Director to its Board.
UBS announces new $2bn share repurchase program
By Globe Banner | Jun 30, 2025
UBS Group AG has announced the initiation of a new share repurchase program following approval at its Annual General Meeting on April 10, 2025.
U.S. ambassador fosters community ties during independence day visit to Ugandan school
By Globe Banner | Jun 30, 2025
Ambassador William W. Popp addressed the community at St. Peter’s Nsambya Senior Secondary School, marking a historic celebration of U.S. Independence Day with students and faculty.
U.S. Embassy in Uganda celebrates Independence Day with focus on volunteerism
By Globe Banner | Jun 30, 2025
The U.S. Embassy in Uganda held a celebration on June 28, 2025, to mark the upcoming Independence Day and highlight the theme of "Spirit of Volunteerism."
Energy access initiatives transform lives in rural Ethiopia
By Globe Banner | Jun 30, 2025
For many families in rural Ethiopia, daily life has long been marked by the challenges of accessing reliable and safe energy sources.
Butler Heritage FCU liquidated; Cincinnati Ohio Police FCU assumes membership
By Globe Banner | Jun 30, 2025
The National Credit Union Administration (NCUA) has facilitated a partial purchase and assumption agreement between Butler Heritage Federal Credit Union (FCU) in Middletown, Ohio, and the Cincinnati Ohio Police Federal Credit Union (COPFCU).
Somalia's economy grows despite challenges; future aid uncertainty looms
By Globe Banner | Jun 30, 2025
Somalia's economy demonstrated robust performance in 2024, achieving a growth rate of 4.0 percent.
U.S. explains votes on Wiphala symbol and hate speech resolutions
By Globe Banner | Jun 30, 2025
The United States recently articulated its stance on two resolutions at a plenary meeting, focusing on the cultural symbol Wiphala and countering hate speech.