DBS Group, Singapore's largest bank, has reported a decline in its third-quarter net profit, primarily due to the effects of the global minimum tax. This news is significant as it highlights the challenges faced by major financial institutions in adapting to new tax regulations, which could impact their profitability and future growth strategies.

DBS Group, Singapore's largest bank, has reported a decline in its third-quarter net profit, primarily due to the effects of the global minimum tax. This news is significant as it highlights the challenges faced by major financial institutions in adapting to new tax regulations, which could impact their profitability and future growth strategies.

Leaders gathered for a summit focused on the Amazon, coinciding with concerns about global cooperation at the upcoming COP30 climate talks. This meeting is crucial as it highlights the importance of collaborative efforts to address climate change, particularly in the Amazon rainforest, which plays a vital role in global ecology. The outcomes of this summit could influence international policies and commitments at COP30, making it a significant event for environmental advocacy.

Brazil's President Luiz Inácio Lula da Silva is calling for decisive action at the upcoming Cop30 climate conference, emphasizing the need for world leaders to move beyond mere speeches and good intentions. The Belém summit marks a pivotal moment as it aims to unite global leaders in addressing the urgent climate crisis. This shift towards action is crucial, as it seeks to restore faith in international climate commitments and tackle the pressing environmental challenges facing our planet.

The U.K.-listed asset manager Intermediate Capital Group is on the verge of finalizing a deal to sell PSB Academy for over $380 million. This transaction highlights the growing interest in private education institutions in Singapore, reflecting the sector's potential for investment and growth. Such deals can enhance educational offerings and contribute positively to the local economy.

The U.K.-listed asset manager Intermediate Capital Group is close to finalizing a deal to sell PSB Academy for over $380 million. This transaction highlights the growing interest in private education institutions in Singapore, reflecting the increasing demand for quality education in the region. Such deals can significantly impact the educational landscape and investment opportunities in Southeast Asia.

At COP30 in Rio de Janeiro, Melbourne's Lord Mayor Nicholas Reece emphasized the urgent need for governments to fully commit to combating climate change. Speaking with Bloomberg News, he highlighted the importance of sustainable energy and infrastructure, particularly in the context of data centers. This conversation is crucial as it underscores the role of local leaders in driving global climate initiatives and the necessity for collaborative efforts to achieve meaningful progress.

Governor Jay Inslee of Washington highlighted that energy prices played a significant role in the Democrats' success during the recent elections. Speaking at the COP30 event in Rio de Janeiro, he noted that the party effectively addressed the rising energy demands from data centers, which resonated with voters. This insight is crucial as it underscores the impact of energy policy on electoral outcomes, reflecting a growing concern among the electorate about energy costs and sustainability.