Acwa Power will start testing bank appetite at the end of the year to finance the construction of the 2.25GW $2.2 billion Luxor combined-cycle gas turbine...

Spend management company Coupa has entered the world of B2B payments with the launch of Coupa Payments to streamline cross-border supplier payments with Nvoicepay. The...

EU judges have ruled that Britain may have to wait for each of its EU neighbours to give full legislative consent before it can fully benefit from any post-Brexit free...

Trading, treasury and risk management solutions provider OpenLink has launched an enterprise cloud platform for trading, treasury and risk management. Called OpenLink...

SAP has launched a 'ready-to-use' blockchain technology platform in its cloud. The Blockchain-as-a-Service solution sits within the SAP Leonardo umbrella of...

Indian lender Kotak Mahindra Bank has enabled end-to-end trade financing for a client by using blockchain technology, cutting the time taken for a letter of credit (LC)...

Banco BNI has struck a deal to provide $58 million in financing per year to SMEs on the platform of UK alternative lender MarketInvoice, following a trial investment in...

Turkey's Isbank has successfully closed a $1.4 billion equivalent syndicated loan facility. It comprises of $296 million and €989.5 million tranches. The deal...

The International Islamic Trade Finance Corporation (ITFC) has signed a $450 million socioeconomic development framework agreement with Burkina Faso. Its aims include the...

Bibby Financial Services (BFS) has agreed a £10 million asset based lending (ABL) facility for British packaging company Gelpack Excelsior. The deal allows the...

Russian aluminum giant Rusal posted higher first-quarter recurring net profit of $434 million, up from $149 million a year earlier, amid stronger aluminum prices.

Petrobras, the beleaguered Brazilian oil giant, has a new friend: investment bank Itau Unibanco, which has gone bullish on the state-owned oil driller currently mired in...

Altech Chemicals has appointed Germany's SMS group as EPC contractor for its proposed Malaysian high purity alumina (HPA) plant. The appointment lends support to the...

The Asian Infrastructure Investment Bank (AIIB), Inter-American Development Bank (IDB), and Inter-American Investment Corporation, have agreed to boost ties in areas...

Tungsten miner W Resources has started negotiations with multiple debt financiers to raise $24 million for the expansion of its La Parrilla tin and tungsten mine in the...

Societe Generale Global Transaction Banking (GTB) has appointed Eric Bayle as GTB head in the UK. He was previously head of payments and cash management in the UK.

TAV is in talks with banks to raise a $250 million loan for developing airports in Yanbu, Qassim, Saudi Arabia.

The European Investment Bank (EIB) is providing a $136 milliion loan to finance construction of a new Bus Rapid Transit (BRT) line in Managua, Nicaragua. The sovereign...

Sixteen financial institutions, including Bank of China and UniCredit, have signed up to CCRManager, a new electronic platform developed for the distribution of trade...

An untied ECA-backed facility and not a US lender in sight, Lotte Chemical leveraged its existing lender relationships and pulled off a competitively priced project...