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22 January 2018

UK banks help SMEs hit by Carillion collapse

RBS and Lloyds have created funds to provide financing to small and medium-sized enterprises affected by the collapse of construction giant Carillion, which has placed...

22 January 2018

Visa, PayMate partner on B2B payments in India

Visa is working with Indian B2B payments company PayMate to enhance its payment services for corporate customers. Visa has chosen PayMate to provide a B2B payment...

22 January 2018
in
Power

Ayala starts permitting process for 300MW Pililia diesel-fired peaker project

AC Energy has begun the permitting process for a two-phase development of a 300MW diesel-peaking and reserve ancillary capacity power project in Pililia, Rizal. The...

22 January 2018
in
Power, Renewables

PMIDC allows refuse-derived fuel for Punjab's first WtE power project

The Punjab Municipal Infrastructure Development Company (PMIDC) has approved the use of refuse-derived fuel in the Indian state's first waste-to-energy project to be...

22 January 2018
in
Power

BHEL lined up for 660MW Maharashtra power project

The Bharat Heavy Electrical Limited (BHEL) will build a 660MW coal-fired supercritical power project for the Indian state of Maharashtra's power generation company...

22 January 2018

Louis Dreyfus, ING, SocGen, ABN Amro complete the agri-trade through blockchain

Netherlands-headquartered Louis Dreyfus Company, Shandong Bohi Industry Co, ING, Societe Generale and ABN Amro have completed the first full agricultural commodity...

22 January 2018

WePay's Rich Aberman talks integrated payments

Rich Aberman, WePay co-founder and chief strategy officer, helps shed some light on what integrated payments actually do and where they add value for payment providers,...

22 January 2018

Banks shift priorities toward growth, digitisation and innovation

More than half of global banks expect to see their technology investment budgets rise by over 10% this year as they beef up cybersecurity and push for digital maturity,...

22 January 2018

JSC Russian Export Centre joins Afreximbank

JSC Russian Export Centre has joined the African Export-Import Bank (Afreximbank) as a shareholder. The two groups have already started working on joint projects in a...

22 January 2018
in
Metals and Mining

Rio Tinto strengthens presence in Mongolia with new exploration office

Mining group Rio Tinto is to open a new office in Mongolia to strengthen its presence in a country in which it had already invested $7 billion in the last eight years....

22 January 2018
in
Metals and Mining

Adani: EFIC talks suggest door not shut on taxpayer funding

Australia's Export Finance and Investment Corporation (EFIC) has confirmed it held "exploratory" talks with the office of Trade Minister Steven Ciobo to...

22 January 2018

Insurer Neon boosts political & credit risk team

London-headquartered insurer Neon has boosted its political & credit risk team by hiring underwriter Paul Barrett, who moves from Arthur J Gallagher. He follows the...

22 January 2018

EIB support for Czech Republic exceeds €1bn in 2017

The European Investment Bank (EIB) Group provided €1.16 billion in new loans, guarantees and equity in the Czech Republic in 2017. The EIB granted €977 million...

22 January 2018
in
Renewables

NEXI provides loan insurance for Al Manakher PV project

Nippon Export and Investment Insurance (NEXI) has agreed to provide loan insurance for a photovoltaic project in Al Manakher, Jordan. Mitsui & Co. Ltd, AES...

22 January 2018

China's Cedar interested in Noble Group purchase

Chinese conglomerate Cedar Holdings Group is interested in buying control of commodities trader Noble Group, it was claimed. Cedar has made an informal approach to some...

22 January 2018
in
Renewables

IFC to invest $150m in Aditya Birla Finance

The International Finance Corporation has proposed to invest up to $150 million through a loan to India's Aditya Birla Finance. The proceeds shall be used to fund...

19 January 2018

Gunvor hires Noble biofuels traders

Commodities trading house Gunvor has reportedly hired at least seven Noble Group biofuels traders, including John Skrinar as the North American head of renewables....

19 January 2018

Opportunity of the day: Beijing Urban Construction wins dredging project in the Philippines

Beijing Urban Construction Group Co Ltd recently won a dredging project in Mindanao Island in the Philippines. The company and the local government signed a memorandum...

19 January 2018

Ex-Noble head Frase mulls commodities comeback with own fund

Veteran oil trader Jeffrey Frase has been meeting with investors amid what he hopes will be his commodities trading return. Frase, who stepped down in November as...

19 January 2018

TXF Private Insurance talk: Atradius on tailoring insurance for trade

TXF caught up with Olivier David, head of special products at Atradius, to find out more about their tailored credit and political risk insurance products and why data...