The Indian state-controlled Power Finance Corporation is to provide two Uttarakhand utilities loans totalling Rs1,329 crore ($205 million) including Rs309 crore to...

Linux Foundation will run a free online course from October 25 about how blockchain and distributed ledger technologies work, what are the current common use cases of...

Senior trade and treasury officials at BNY Mellon discuss how innovative technologies are sparking enhancements to trade processes and how the industry - with banks at...

IBM and Hyperledger have joined the Decentralized Identity Foundation consortium that aims to promote interoperability and standards for blockchain-based ID systems.

German renewables company innogy has acquired a 50% share from its project partner Statkraft. It becomes the sole owner of the £2 billion project to develop a 860MW...

Singaporean bank DBS has signed up to use CargoDocs, a web-based platform that digitises the creation, approval and exchange of electronic documents required for global...

Texel Group has acquired a 50% interest in Meridian Finance Group, which specializes in brokering domestic and export credit insurance, as well as arranging trade finance...

US-based electronic payment and banking solutions provider ACI Worldwide has formed a strategic relationship with European clearing and settlement system STET to deliver...

Six Kentucky-based banks have launched the Commonwealth Infrastructure Fund (CIF) to support public-private partnership projects in the State. The fund will be...

A fraud monitoring module introduced by US startup Tipalti has blocked 7,400 fraudulent payment attempts in its six-month beta phase and first week of going live. Tipalti...

Canadian energy company Capital Power Corporation has submitted a Notice of Intent with the Oregon Department of Energy to announce that it will be applying for site...

Turkey's Yapı Kredi has signed a syndicated loan comprising a 367-day tranche and a two-year-and-one-business-day tranche totalling $1.35 billion. Bank of...

C&I Leasing has sealed an agreement with the officials of Damen Shipyard and Atradius DSB to guarantee a facility to fund the construction and purchase of two new tug...

Vamtec Vitoria SA is understood to have decided in favour of appointing Fluor Corporation as the lead EPC which will be responsible for the construction of its...

Moscow-based iron ore group Metalloinvest has signed two credit facility agreements with ING Bank. An €11.5 million credit line was guaranteed by Euler Hermes, while...

Export Development Canada has agreed a loan of up to $250 million to Singapore-based Adani Global Pte, which trades in coal and power. The loan facilitated the purchase...

Vitol CEO Ian Taylor says US oil output could be set for a last spike in 2018 before growth flattens for a number of years as rising costs make a big chunk of production...

BAE Systems is planning to cut almost 2,000 jobs in military, maritime and intelligence services. BAE is facing an order gap for the Eurofighter Typhoon so wants to slow...

Dutch dredging company Royal IHC has received new orders of $500 million in the last few weeks.   Royal IHC signed a construction contract with Subsea 7 on 2...

Malaysia Airport Holdings (MAHB) has appointed JP Morgan as financial adviser for the sale of a minority stake in its 22-year Istanbul Sabiha Gokcen International Airport...