Global News

1 UNITED STATES

Goldman Sachs commits billions to impact black women’s lives

The largest commitment

of its kind, Goldman’s One Million Black Women initiative commits US10 bn in investment capital and US$100 mn in philanthropic capital to advance racial equity. In partnership with Black women-led firms, this will drive investment in housing, healthcare, education, job creation, and more. 2 UNITED STATES

Mastercard follows Visa with debut sustainability bond

Building on its pledge to achieve net zero emissions by 2050 and to bring one billion people and 50 million small businesses into the digital economy by 2025, Mastercard issues first-ever Sustainability Bond. This follows Visa’s green bond debut in August 2020.

3 SINGAPORE

Dell Technologies funds innovation lab

Ideate. Experiment. Co-create.

That’s the idea behind Singapore’s Global Innovation Hub, an initiative funded by Dell Technologies (US$50 mn) to drive digital innovation. The Hub will focus on augmented reality, data analytics, cloud-native, cybersecurity and edge computing. 5 KOREA

Samsung breaks Ericsson’s 5G global speed record

Recently reaching world record 5G data speeds of 6.23Gbps, Samsung beats Ericsson and Qualcomm’s January record of 5Gbps. The breakthrough speed was set using a flexible new approach combining 4G and 5G (EN-DC technology) to maximise the benefits of both networks.

4 EGYPT

Suez Canal Bank accelerates digital transformation

Egypt’s Suez Canal Bank is digitally transforming its customer experience to increase financial inclusion, as just 32.8% of the population has a bank account. With Temenos Infinity, products and services will be more accessible and optimised for mobile and advance tech like AI will be leveraged, for a Chabot service, for example.