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13 March 2018

US leads the way as protectionism threatens global trade

Protectionism could harm global trade after it was revealed that more than 460 new protectionist measures were brought in throughout the world in 2017, according to Euler...

13 March 2018

'No deal' Brexit could cost UK, EU companies £58bn

A 'no-deal Brexit' could leave companies in Britain and the EU facing an extra £58 billion in annual costs - with the financial sector set to be the...

13 March 2018

First Abu Dhabi Bank chooses Accuity to boost sanctions screening

First Abu Dhabi Bank has selected Accuity, a provider of risk and compliance, payments and know your customer solutions, to provide integrated global sanctions screening...

13 March 2018
in
Power, Renewables

IFC, MIGA agree Bujagali hydro refinancing

The IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy and provide up to $423 million in guarantees in support of the...

13 March 2018
in
Power, Renewables

Gore Street Capital plans first UK energy storage fund

Gore Street Capital is looking to raise £100 million for a flotation of Gore Street Energy Storage Fund (GSF) on the London Stock Exchange in April. The fund will...

13 March 2018
in
Metals and Mining

Teranga Gold secures funding for West African mining operations

Teranga Gold Corporation has received a commitment letter from Taurus Funds Management Pty securing development finance for its gold mining operations in Burkino Faso....

13 March 2018
in
Renewables

Landsvirkjun closes Iceland's first green bond with $200m raise

Icelandic state-owned electricity generator Landsvirkjun has closed its debut US private placement raising $200 million to develop the Theistareykir and Burfell II power...

13 March 2018
in
Power, Renewables, Transport

E.ON and RWE propose asset reshuffle

Germany's two dominant utilities are proposing a complex asset swap that would involve E.ON acquiring RWE's 76.8% stake in Innogy in exchange for the return of...

13 March 2018
in
Renewables

NTPC tenders 2.75GW of solar capacity

The Indian government-controlled utility NTPC has issued tenders for 2GW of grid connected solar capacity to be developed anywhere across the country and a further three...

13 March 2018

Japan International Cooperation Agency opens Cuba office

The Japan International Cooperation Agency (JICA) has opened an office in the Cuban capital, Havana. JICA established the office in response to a request for support...

13 March 2018

Petrobras looks at IPO for Liquigas Distribuidora unit

Brazilian oil firm Petrobras is to look at alternatives for its liquefied petroleum gas distribution unit Liquigas Distribuidora after its $859 million sale to Ultrapar...

13 March 2018
in
Telecoms and Communications

AMP Capital to purchase Everstream

Australian investment manager AMP Capital has entered into a definitive agreement to purchase American Midwest fibre network company Everstream from private equity firm...

13 March 2018
in
Telecoms and Communications

Infracapital offer values Gigaclear at £270m

Prudential Group company Infracapital has made a cash offer for UK rural fibre broadband provider Gigaclear. Infraclear already has a 43.2% stake in the company and its...

13 March 2018
in
Agri/Soft Commodities

COFCO open to working with competition to feed 1.4bn at home

COFCO, China's largest food company, is open to partnering with its competitors as it seeks to meet its biggest challenge: feeding the world's most-populous...

13 March 2018
in
Infrastructure, Transport

Abertis agrees Autopista del Sol investments with Chile

The Abertis and ADIA-owned ViasChile has reached an agreement with the Chilean Government to invest €110 million in the Autopista del Sol (Ruta 78) toll road in...

13 March 2018
in
Infrastructure, Power, Waste and water

WEC invites proposals for Jubail Phase 3

The Saudi Arabian Water & Electricity Co (WEC) is inviting proposals for the 25-year Jubail Phase 3 concession in the Eastern Province that will see the development...

13 March 2018
in
Infrastructure, Transport

Winston & Strawn advise on $2.7bn North Marmara Highway concession

The Dubai office of international law firm Winston & Strawn has been advising construction stakeholders on the $2.764 billion North Marmara Highway BOT concession...

13 March 2018

Why trade finance is soaring at ADB (16 mins)

Trade finance business is booming at the Asian Development Bank. Katharine Morton spoke to Steven Beck, the ADB’s head of trade and supply chain finance, at the ICC...

13 March 2018

XL Catlin to join InsurTech Asia Association

XL Catlin is to become a founding member of InsurTech Asia Association. Membership will offer XL Catlin a single point of access to the Insurtech ecosystem in Asia,...

13 March 2018

KDB launches due diligence on GM's troubled South Korean unit

Korea Development Bank (KDB) has launched due-diligence proceedings of General Motors' local unit to decide whether to provide funds for the unit's troubled...