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...The Treasury said that it had announced a new development corporation for Cambridge at the 2024 Budget to drive forward growth and investment for the local area and the UK economy as a whole....
...Lloyds Banking Group is to be the lead investor in a £62mn fund that will back community development finance institutions, becoming the UK’s first high street bank to support the not-for-profit lenders that...
...He added: “We are working with large corporations: we have 10 interesting proofs of concepts with companies all over the world, and not only in France....
...The president has also repeatedly emphasised the importance of the “real economy” in contrast to finance and tech, as part of a campaign for “high-quality development”....
...“The UAE views data as the new oil,” the person said. “It realised that it had to find a new way to exist between the US and China because of US concerns about Chinese tech....
...On Wednesday, the World Bank and African Development Bank Group pledged to provide at least 300mn people in Africa with electricity access by 2030....
...Multilateral development banks right now are the only game in town.”...
...A top US bank regulator is proposing new limits on big bank mergers, in the wake of the failure of Silicon Valley Bank and two other banks last year, and the recent market turmoil around New York Community...
...The case is the latest high-profile planning dispute to feature in a fierce debate over whether ageing buildings should be pulled down in favour of new, energy-efficient developments or preserved to avoid...
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
...oil and gas development....
...New data from the OECD, the rich-country think-tank, shows that advanced nations’ official development assistance budgets have increased in recent years....
...David Pred, head of the advocacy group Inclusive Development International, claimed the IFC had failed to discuss any proposed remediation with the children concerned....
...From the second quarter of 2024 until the end of 2025, eight large development organisations, including the World Health Organization and the GAVI vaccine alliance, will be asking donor governments for an...
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...New York Community Bank, which raised more than $1bn this month to shore up its finances and after shedding two-thirds of its market value since the end of January, had previously more than doubled its assets...
...Desri’s executive director of development Liz Peyton said that in cases where land had been used for agriculture prior to the construction of a solar site, “it can be a hard transition for local communities...
...UChicago professor Ufuk Akcigit had some fascinating slides showing that when innovators and entrepreneurs take their work into larger companies, new patents and product development drop by 50 per cent....
...“When you get a bank like HSBC they want occupation of the entire building. But that’s not a problem because you can say to any developer: ‘Look, there are other ways of finding community facilities....
...Mnunchin on Wednesday led a deal to pump more than $1bn into New York Community Bancorp to rescue the US regional lender that quickly fell into financial trouble after acquiring Signature Bank from the Federal...
...— the World Bank’s investment arm....
...Between 2000 and 2008, the Federal Deposit Insurance Corporation issued 1,243 new insured commercial bank charters, an average of 138 a year....
...biggest year-on-year drop in quarterly profits since the second quarter of 2020, according to BankRegData, a data provider that collates quarterly reports made by lenders to the Federal Deposit Insurance Corporation...
...So far, the foundation has donated $3mn to a collaboration between the World Bank and the Indonesian government to provide better nutrition and train “human development workers” in about 75,000 villages....
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