Insolvency risk high in 2016, says Atradius
The number of insolvencies in advanced markets is set to fall only 3% this year - the worst performance since 2012, according to credit insurer Atradius. Sluggish oil...
The number of insolvencies in advanced markets is set to fall only 3% this year - the worst performance since 2012, according to credit insurer Atradius. Sluggish oil...
The UK is attempting to increase trade with Kenya as Lord Clive Hollick, the envoy to East Africa, visits the country this week. He will explore trade opportunities,...
Swiss-based commodity giant Glencore has closed the senior syndication of a new revolving credit facility. The deal will refinance and replace its existing $8.45...
The European Bank for Reconstruction and Development (EBRD) is lending Croatian consumer goods distributor Orbico up to €20 million. The loan will enable Orbico...
The Korea Trade Insurance Corporation (K-sure) will provide 196 trillion won worth of insurance this year to back businesses exporting to Iran, Cuba and other new...
At a BNY Mellon-hosted roundtable in Abu Dhabi, TXF sat down with a number of UAE banks to discuss the region’s economic developments, the evolving trade arena, and how...
Nokia — Finland’s premier telecoms company — is in the process of finalising its takeover of France’s Alcatel-Lucent in a $16.6 billion deal that will propel the ailing...
The New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB) will work together - rather than compete against each other - on infrastructure...
Trade between Kenya and Ethiopia is expected to be boosted by the completion of a one-stop border post in May. The project, funded by the African Development Bank...
The Commonwealth Bank of Australia has shut its five-person project advisory team amid falling demand for its services. The team's members are being allocated to...
The borrowing bases for 45 speculative-grade oil and natural gas producers will fall by an average of 20% to 30% when banks take a fresh look in April, according to...
India has taken over the chairmanship of the New Development Bank (NDB) for the next 11 months. The country's prime minister, Narendra Modi, has proposed ten...
America-headquartered agribusiness Bunge has warned that 2016 will be a challenging year because of slumping US farm exports and processing margins. Chief executive...
Intix, a Belgium-based provider of software solutions for the financial industry, has appointed Andre Casterman to its management team. Casterman, the former global head...
International law firm Holman Fenwick Willan (HFW) has taken on Hugues de La Forge as a projects partner at its Paris office. He was previously a partner at Jeantet in...
In a wide-ranging interview, Citi’s global head of trade, John Ahearn, talks to TXF’s Hesham Zakai about challenging pricing in the market; why 2015 was the riskiest year...
Vietnam's state-owned National Power Transmission Corporation (NPT) has signed a $200 million loan facility for a coal-fired power plant, backed by Japanese export credit...
The International Finance Corporation (IFC) is teaming up with Japan's Sumitomo Mitsui Banking Corporation (SMBC) to set up a $1 billion trade financing facility. The...
Trade finance in the United Arab Emirates (UAE) and Middle East is growing, but faces challenges relating to the economic slowdown, high cost of compliance, tightening...
South Korea is unlikely to get back $2.5 billion in outstanding loans and interest payments it provided North Korea as relations between the two nations freeze. Almost...