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News
27 April 2017

Environmental permits for Baltic Sea wind project phase 2

Polish energy company Polenergia has received permission from the Regional Directorate of Environmental Protection in Gdansk for the second phase of the...

News
27 April 2017

Pattern files for Southern Cross transmission siting certification

The Pattern Energy Group has petitioned the Mississippi Public Service Commission outlining a preferred route for an overhead HVDC transmission line. The project aims to...

News
27 April 2017

How to steer treasury in emerging markets: Tate & Lyle

Corporates that manage trade and investment in emerging markets should take a bespoke approach to managing FX risk,and decide whether to shift their emerging market...

News
27 April 2017

Bottomline Technologies to power real-time credit transfers for banks in Europe

Bottomline Technologies has been named by EBA Clearing as a frontrunner provider for the SEPA Instant Credit Transfer Scheme. The payments tech provider's banking...

News
27 April 2017

A&O reveals trade commodities & export finance promotions

Law firm Allen & Overy (A&O) has made a number of promotions, including Catherine Lang-Anderson and Tom Longmuir, who both sit in the company's Trade...

News
27 April 2017

APAC exports perform well but protectionism looms

Most Asia-Pacific economies have started 2017 well, with exports and business surveys faring better than expected, according to Fitch Ratings. But an increase in global...

News
27 April 2017

Botswana tax break for 450MW Sese coal-fired power project

Joint venture partners Canadian mining company First Quantum Minerals and intergrated power developer African Energy Resources have been given a five-year tax break and a...

News
27 April 2017

Meralco talking loans for $2.7bn Atimonan coal-fired power project

Filipino utility Manila Electric Company (Meralco) is discussing loans totalling PHP100 billion with at least 8 banks for a two-phased 1200MW power plant. The PHP135...

News
27 April 2017

Blockchain invoice and trade finance platform Populous to launch ICO

UK blockchain invoice and trade finance platform Populous will launch an initial coin offering (ICO) on July 16, issuing Populous Platform Tokens that give subscribers a...

News
27 April 2017

Fiserv adjusted revenue rises 5% in Q1

US fintech Fiserv saw its adjusted revenue expand 5% year-on-year in the first quarter, while its earnings per share gained 18% to $1.25. Operating cash flow, however,...

News
27 April 2017

Standard Chartered transaction banking revenue surges 10%

Standard Chartered's transaction banking business enjoyed its biggest boost for more than three years in the first quarter, with revenue climbing 10% to $785 million...

News
27 April 2017

Ripple adds another 10 banks as Swift rivalry heats up

The rivalry between interbank messaging network SWIFT and blockchain payments company Ripple has intensified. Ripple has added another 10 bank customers, including BBVA...

Perspective
27 April 2017

TXF Development Finance Report: Europe attracts most funding

TXF Data has released its inaugural Development Finance Report, covering the activities of all of the main multilateral development finance institutions. The results may...

News
27 April 2017

Rusal unveils $500m second flight of eurobonds

Russia's UC Rusal said its second eurobond issue will total $500 million and mature in six years. The coupon rate of the tranche is 5.3% per year, with proceeds to be...

News
27 April 2017

Urals secures short-term loan ahead of June export

Russia's Urals Energy has secured a pre-export, short-term loan worth $3 million from Petraco Oil. It was agreed ahead of an expected tanker shipment in June carrying...

News
27 April 2017

Russian miner Mechel optimistic over debt reduction

Russian metals and mining group Mechel could start reducing debt this year if prices for its products hold up, it claimed. It borrowed heavily before Russia's...

News
27 April 2017

CDB keen to finance petroleum projects in Egypt

The China Development Bank (CDB) is keen to finance petroleum and gas projects in Egypt. Strengthening economic relations with Egypt is at the top of the lender's...

News
27 April 2017

Coface: €7.3m net income driven by boost in net loss ratio

Coface has revealed its results for Q1-2017, with a net income of €7.3 million driven by an improvement in net loss ratio. The insurer said emerging markets were...

News
27 April 2017

Falcon Group appoints Bruno Meyer as chief risk officer

Specialist financier Falcon Group has appointed Bruno Meyer as its new chief risk officer and member of the executive board. He was most recently head of risk analytics...

Perspective
27 April 2017

Net benefits: De-risking greenfield for institutional investors

To coincide with the IMF Spring Meetings, MIGA recently held a panel discussion to showcase multilateral breakthroughs in credit enhancement that enable borrowers to tap...