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News
28 April 2017

Norilsk Nickel in legal proceedings against Botswana government

Moscow-headquartered Norilsk Nickel is launching legal proceedings against the government of Botswana in a bid to get back the $271 million plus damages it says it is...

News
28 April 2017

Mexico considers tenders for two subsea transmission lines

Mexico's Energy Secretariat has revealed that studies are being finalised for two projects connecting Cozumel island with mainland Quintana Roo state, and Baja...

News
28 April 2017

Hareon Solar and Azure invest in 118MW Telangana PV project

A joint venture of the Chinese solar panel manufacturer and Indian developer Azure Power Global has signed a 25-year PPA with state-run power producer NTPC. Hareon will...

News
28 April 2017

Temenos launches open banking services on MarketPlace

Banking software vendor Temenos has launched open banking and Payment Services Directive (PSD2) targeted services on its MarketPlace with an aim to facilitate the...

News
28 April 2017

Bottomline Technologies revenues rise but core profit dips 11%

US payments technology provider Bottomline Technologies saw its subscription and transaction revenues - mostly related to its cloud platforms - increase 13% year-on-year...

News
28 April 2017

Trump in NAFTA u-turn as he bids to renegotiate deal

US President Donald Trump says he will try to renegotiate the North American Free Trade Agreement (NAFTA) rather than "terminate" it, as he had previously...

News
28 April 2017

Japanese banks to test blockchain-based international transfers

A Japanese bank consortium focused on blockchain is set to test a virtual currency-based funds transfer system, planning initially to test the ability to send domestic...

News
28 April 2017

Multinationals take smaller FX hit in Q4

Multinationals in Europe and North America lost $10.47 billion due to currency volatility in the final quarter of 2016, although this was better than a year earlier,...

News
28 April 2017

Deutsche Bank transaction banking disappoints in Q1

Deutsche Bank's transaction banking division let it down in the first quarter, with revenues falling 5% to €1.05 billion. The bank has reduced its funding of...

News
28 April 2017

Nyrstar increases structured commodity trade finance facility

Belgium-based metals group Nyrstar has increased its multi-currency structured commodity trade finance facility from €400 million to €500 million on a committed...

News
28 April 2017

Fin2B launches SCF platform in South Korea

South Korean fintech startup Fin2B has launched an accounts receivable discount platform to serve big Korean companies and plans to expand the supply chain finance...

News
28 April 2017

Mizuho, IBM Japan work on blockchain trade finance platform

Mizuho Financial Group, Mizuho Bank, and IBM Japan are building a blockchain-based trade financing platform. Mizuho is aiming to streamline trading operations and improve...

News
28 April 2017

AIIB to help finance Korea-led hydropower plant in Georgia

The Asian Infrastructure Investment Bank (AIIB) will finance $8.7 million of a $1.1 billion project to build a hydropower plant in the Caucasus region of Georgia, led by...

News
28 April 2017

EIB survey: Investment needs and barriers in Europe

The European Investment Bank's survey on investment and investment finance shows lack of skilled labour and the regulatory environment are among the top concerns for...

News
28 April 2017

RDIF, JBIC to set up Russia-Japan Investment Fund

The Russian Direct Investment Fund (RDIF) and the Japan Bank for International Cooperation (JBIC) are to set up a Russia-Japan Investment Fund. The two groups will take...

News
28 April 2017

EBRD channels more resources to support trade finance in Cyprus

The European Bank for Reconstruction and Development (EBRD) is strengthening the integration of the Cypriot economy with a €5 million trade facility to Turkish Bank...

Perspective
28 April 2017

Perfect 10 Gunvor USA: No parenting required - a TXF commodity finance Deal of the Year

Commodity trader Gunvor’s first foray into the US trading market - Gunvor USA raised a $500 million borrowing base loan without any parental guarantees.

News
27 April 2017

Opportunity of the day: Yunnan Water to consummate offshore debt finance needs with proposed $1bn multi-currency issue

Yunnan Water Investment Corporation is one step away from obtaining the financing it has been seeking as it awaits shareholder approval for its recently-proposed issue of...

News
27 April 2017

PNOC flexible on LNG terminal scope

The Philippines National Oil Company has recieved 34 unsolicited proposals to date for the intergrated LNG facility. The components of the project will all be modular and...

News
27 April 2017

Iran signs MoU for $3bn Khuzestan water projects

Iranian engineering firm Khatam-al-Anbiya Construction and various government departments have signed an agreement to expand the urban sewage infrastructure and...