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World Bank report highlights benefits of accelerated decarbonization for Poland

Accelerated decarbonization efforts in Poland could drive economic growth, enhance competitiveness, and mitigate air pollution impacts, according to the World Bank Group's newly released Poland Country Climate and Development Report (CCDR).


World Bank appoints Dennis McLaughlin as chief risk officer

The World Bank Group has announced the appointment of Dennis McLaughlin as its new Chief Risk Officer and Vice President.


IMF reaches agreement with Barbados on economic recovery program

An International Monetary Fund (IMF) team, led by Michael Perks, concluded a visit to Barbados on November 6, following discussions with the Barbadian government.


BusinessEurope highlights importance of Transatlantic ties after Trump's election

BusinessEurope President Fredrik Persson has extended his congratulations to Donald Trump on his election as President of the United States.


Yuanta Securities honored with work-life balance award by Taiwan's Ministry of Labor

Taiwan's Yuanta Securities has been recognized with the "2024 Work-Life Balance Award - Employee Care Award" by Taiwan’s Ministry of Labor.


FSB MENA discusses AI impacts at Riyadh meeting

The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) convened in Saudi Arabia at the Saudi Central Bank's headquarters in Riyadh.


Standard Chartered partners with Wise Platform for improved cross-border payments

Standard Chartered has announced a partnership with Wise Platform to enhance its cross-border payment service, SC Remit.


ING progresses with €2 billion share buyback program

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


BayernLB and KfW IPEX-Bank finance new electric trains for Ostsee-Alster network

BayernLB and KfW IPEX-Bank are collaborating to finance the acquisition of 18 electric double-deck trains for the Ostsee-Alster network.


Sahelian leaders highlight importance of pastoralism for regional stability

Today, pastoralism is a key focus for the Sahel and West Africa, as highlighted by Mohamed Ould El-Ghazaouani, President of Mauritania; Mahamat Idriss Déby, President of Chad; and Ousmane Diagana, World Bank Vice-President for West and Central...


Swiss Re sells European P&C business of iptiQ to Allianz Direct

Swiss Re has announced an agreement to sell iptiQ's European Property & Casualty (P&C) business to Allianz Direct.


World Bank backs climate initiatives across East Asia-Pacific region

The East Asia and Pacific (EAP) region, known for its vulnerability to climate-related extreme weather events, plays a crucial role in global climate change efforts.


U.S trade deficit widens to $84 Billion in September amid rising imports

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported an increase in the goods and services deficit for September 2024, reaching $84.4 billion.


Applications open for WIPO-WTO Colloquium on intellectual property

The World Intellectual Property Organization (WIPO) and the World Trade Organization (WTO) have announced that applications are now open for their annual colloquium, designed for intellectual property (IP) teachers and researchers.


Swiss Re sells European property & casualty unit of iptiQ

Swiss Re has agreed to sell iptiQ's European Property & Casualty (P&C) business to Allianz Direct.


Senegal urged to prioritize climate action for economic growth

A recent report by the World Bank Group emphasizes the economic and social advantages of climate action in Senegal, aligning with its Vision 2050 development plan.


Morgan Stanley's E*TRADE reveals monthly sector rotation study results

E*TRADE from Morgan Stanley has published its monthly sector rotation study, which analyzes the buying and selling behaviors of E*TRADE customers concerning stocks within the S&P 500 sectors.


UK retail sees modest recovery in October amid rising entertainment spend

Retail spending in the UK showed signs of recovery in October, with a 0.7% year-on-year increase, as reported by Barclays Consumer Spend.


Blackstone announces leadership changes at tactical opportunities division

Blackstone has announced a leadership transition within its Tactical Opportunities division.


Senegal faces hurdles in balancing growth with climate challenges

Climate change presents significant challenges to Senegal's development, according to a recent report.