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News
16 March 2017

Credit Agricole advises on $6 billion Duqm Refinery

The 230,000- barrel-a-day Omani refinery project is being advised on how to raise $2 billion. Oman Oil and Kuwait Petroleum each have 50 percent ownership in...

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16 March 2017

Two Chinese firms shortlisted for MoZiSa transmission project

TBEA China and China CAMC were the technically-compliant bids for the 300km Mozambique-Zimbabwe-South Africa transmission line.  Bids of $124.5 million and $134.5...

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16 March 2017

Brazil court orders Petrobras to restart asset sales

A court has ruled that Brazilian oil giant Petrobras can proceed with its divestment programme. But the company must restart the process except for two projects - the...

News
16 March 2017

INVICTUS taps IBM Cloud to improve SCM platform

Singapore fintech start-up INVICTUS will tap IBM Cloud and blockchain technologies for its Order, Logistic and Payment (OLP) platform. It is also working with the IBM...

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16 March 2017

Tungsten launches in India

Tungsten has launched its eInvoicing services in India, allowing its users to send and receive invoices across the country and generate legal invoices for goods across...

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16 March 2017

Hughes Hubbard & Reed hires Pinkert to global trade practice

New York-based global law firm Hughes Hubbard & Reed has hired Dean Pinkert as a partner in its International Trade Group. Pinkert was most recently a commissioner on...

News
16 March 2017

Flywire launches B2B payments solutions

Cross-border payments company Flywire has officially launched a B2B payments processing and receivables solution after testing it with a small group of clients.

News
16 March 2017

South Africa treasurers focus on risk management

Corporate treasurers in South Africa, particularly those with access to treasury cloud technology, are introducing more sophisticated hedging strategies in the face of...

News
16 March 2017

More autonomy needed to transform India's DGFT

Frost & Sullivan has recommenced that greater autonomy is required to revamp India's Directorate General of Foreign Trade (DGFT) in order to boost and regulate...

News
16 March 2017

Coface examines RMB depreciation and capital flow measures

The potential depreciation of the renminbi (RMB), along with the implementation of capital flow measures, are longstanding concerns for China, according to trade credit...

News
16 March 2017

China's ZTE hit by fine over Iran sanctions violation

China's Zhongxing Telecommunications Equipment Corporation (ZTE) has agreed to pay over $892.3 million in fines and civil penalties to settle claims it violated US...

News
16 March 2017

Rusal PXF yet to launch in heated Russian market

Russian aluminium producer Rusal is yet to launch a refinancing of its pre-export finance (PXF) facility despite a number of meetings with banks. The miner has...

News
16 March 2017

UKEF appoints Davinder Mann as head of legal division

UK Export Finance (UKEF) has hired Davinder Mann to lead the group's legal division. She has been at UKEF since 2009, having joined from Linklaters' energy and...

News
16 March 2017

Global factoring market drops amid China slump

The global factoring market dropped last year to €2.355 billion from €2.367 billion in 2015, according to Factors Chain International. Many markets showed...

News
15 March 2017

Asia, Europe, North America & the Race for Africa

TXF Africa 2017 is bringing global deal makers to meet African SOEs and corporates. With Asia, North America and Europe ploughing investments into the region, here's...

News
15 March 2017

Opportunity of the day: INALUM seeks investors for 700MW power plant for aluminum smelter expansion

Indonesian state-owned aluminum producer PT Indonesia Asahan Aluminium (INALUM) is seeking investment partners for the development of a 2x350MW coal-fired power plant in...

News
15 March 2017

Indian fintechs unconvinced about blockchain

Banks in India are betting on blockchain applications but fintech companies are less bullish about the technology's usefulness. Hashcove, for example, last year...

News
15 March 2017

Latin American supply chains go digital with Ariba

Leading Latin American companies will meet in Las Vegas on March 20-22 to share their experience of using SAP Ariba's cloud-based applications and business network to...

News
15 March 2017

Attarat Power Plant to sign on 16 March

Signing of the $2.1 billion 550MW shale oil-fired power project at Attarat, 100km south of Amman in Jordan, is expected tomorrow (16 March 2017), according to a...

News
15 March 2017

Canadian Solar secures PPAs for 80MW of Indian projects

 Off-taker Solar Energy Corporation of India signs with Canadian Solar for power projects awarded through a competitive auction process in the state...