The UK's Federation of Small Businesses (FSB) wants Royal Bank of Scotland (RBS) to reinvest in small businesses after the lender posted its first profit in a...

The Philippine Competition Commission (PCC) has found that the $1.9 billion purchase of AES' 630MW coal-fired power plant in Masinloc by San Miguel's SMC Global...

Mining giant Glencore's deal to buy aluminium from Rusal will be renewed from 2019, but the tonnage is likely to be much lower as the Russian producer taps into...

The Infrastructure Development Company Ltd (IDCOL) has been mandated to raise $63 million term loan for a 100MW heavy fuel oil-fired power project being developed by...

Singapore-based commodity trader Olam International reported a 159.3% rise in its fourth-quarter net profit to $201.4 million (S$265.1 million). The figure was boosted by...

Archer Daniels Midland (ADM) has agreed to form a soybean joint venture in Egypt with fellow US agricultural merchant Cargill to take advantage of strong demand for...

Norsk Hydro has made a binding offer to buy a Rio Tinto aluminum plant in Iceland for $345 million. The proposed deal, which is expected to close in the second...

The Reserve Bank of India has given an ultimatum to banks that they must integrate Swift into their core banking solutions by 30 April. It follows a recent strings of...

Using early pay or supply chain finance as a risk management tool to manage buyer limits is not such a bad idea when you consider inter-enterprise credit is five times...

French fintech company Lemon Way has selected Accuity to streamline its financial crime compliance process. Lemon Way has chosen to implement the Accuity solution Firco...

Volante Technologies, a global provider of software for the integration, processing and orchestration of payments and financial messages, has announced support for the...

Sponsors of the 670MW Nam Theun 1 hydro power plant – EGCO Group (25%), Phonesack Group Co. (60%) and EDL-Gen (15%) – are expected to reach...

David Graham, executive director of corporate, sovereign and project finance at Efic has resigned and is finalizing the handover of duties to his team this week. Graham...

Two of Russia's richest men - Vladimir Potanin and Oleg Deripaska - could trigger a complicated "shootout" auction in a bid to end their long-running battle...

Working capital marketplace C2FO has completed a $100 million funding round led by Allianz X and Mubadala Investment Company, along with participation from existing C2FO...

Working capital fintech solutions provider PrimeRevenue has announced seven executive promotions forerunning an initiative to add several regional funders to the platform...

The debt capital digital marketplace credX platform is now operational, with Deutsche Telekom issuing a promissory note loan with a volume of €50 million and a...

Geraldo Alckmin, the governor of Sao Paulo and likely centrist presidential candidate in Brazil, said he would privatise the country's state-run oil group Petrobras...

Ukrainian grains and oilseed producer Kernel Holding has finalised a $100 million pre-export credit facility with a syndicate of European banks. The two-and-a-half-year...

Goldilocks Investment Co, one of Noble Group's top shareholders, has branded the commodity trader's expected losses as "extremely shocking" and warned...