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15 September 2017

BBIG moves closer on integrated mining project with WA validation

The Western Australian government has ratified the Railway (BBI Rail Aus) Agreement 2017 bill that provides tenure for the 162km rail portion of the Balla Balla...

15 September 2017

IMS plans €220m hospital project for the Gambia

International Medical Services (IMS) is looking to finance, build and operate the hospital and health facility while the Gambian government would identify the land for...

15 September 2017

Italian State Railways completes Greek Trainose acquisition

The Italian government-owned Ferrovie dello Stato Italiane has concluded the purchase of the Greek railway in a €45 million deal following European Union approval....

15 September 2017

Irish energy-from-waste project approved on appeal

A £240 million EfW and MBT facility planned for Hightown Quarry on the outskirts of Belfast has been given the go-ahead by the Department for Infrastructure...

15 September 2017

C-suite execs most likely to fall for eInvoice scam

Senior executives are more likely to be targeted - and fall for - an eInvoice scam than other company employees, with 42% of "business email compromise"...

15 September 2017

Visa, Vantiv team up on FastAccess SME payments

Credit and debit card payments processing firms Vantiv and Visa have jointly debuted FastAccess Funding, which they say will allow merchants to receive settlement...

15 September 2017

Southern Power Generation to issue RM4bn sukuk

The Malaysian power plant owner and operator Southern Power Generation, a 51%-owned subsidiary of Tenaga Nasional Berhad, intends to issue a $950...

15 September 2017

UK customs model unlikely to achieve frictionless post-Brexit trade

While the UK government says a new, upgraded electronic customs system will be introduced just two months before Brexit, will be up to the task of processing an...

15 September 2017

The trade finance gap. What can CFOs do?

For a growing trade finance gap to shrink, the industry needs to move to a globally accepted, universal letter of credit or supply chain finance mechanism that documents...

15 September 2017

AccessPay and Assembly Payments win SWIFT's gpi challenge

SWIFT has named AccessPay and Assembly Payments as the winners of its gpi challenge for fintechs. They will each receive up to €100,000 to further develop their...

15 September 2017

FP Lux adds two German projects to wind power portfolio

Luxembourg-based FP Lux Investments has added 42.2MW of generation with the acquisition of the wind farms in Dahlem, North Rhine-Westphalia, and in Zagelsdorf,...

15 September 2017

Kimberly-Clark to power manufacturing with wind PPAs

Kimberly-Clark Corporation has entered into long-term agreements to purchase 120MW from EDF Renewables' Rock Falls Wind project in...

15 September 2017

Global corporate banking revenue growth poised to double by 2020

Global corporate banking revenue is set to grow 4% from 2016 to 2020, doubling the growth rate seen between 2010 and 2016, with transaction banking and commercial lending...

15 September 2017

Drax plans 200MW of storage and move to gas fired generation

UK energy producer Drax Group has informed the Planning Inspectorate of plans to repower two coal-fired units at the Drax Power Station in Selby, North Yorkshire, and...

15 September 2017

Digitisation and trade finance: what's next?

Digitisation could help plug a $1.6 trillion trade finance gap by reducing costs, making compliance easier and reducing the risk of fraud. Uptake has been slow however,...

15 September 2017

Supply chain friction costs US firms 6,500 hours a year

The average US firm loses $171,340 per year through clunky payment practices, according to Tungsten Network's debut Friction Index report. This equates to nearly...

15 September 2017

Cortex, APVelocity form SCF partnership

US-based Cortex Business Solutions, a network-as-a-service e-invoicing solutions provider, has partnered with APVelocity, an affiliate of TCI Business Capital, to offer...

15 September 2017

Garanti Leasing signs loan agreement with the BSTDB

Garanti Leasing has signed a €10 million loan agreement with the Black Sea Trade and Development Bank (BSTDB). The facility will be used to provide financial leases...

15 September 2017

EBRD provides $50m loan to Mongolia’s Khan Bank

The European Bank for Reconstruction and Development (EBRD) is providing Mongolia's Khan Bank with a $50 million (€45 million equivalent) loan. It will be used...

14 September 2017

Opportunity of the day: Kerui seeks international banks to boost existing policy bank financing sources of Malaysian, LatAm Jvs

Kerui Group is looking to a number of international banks to support the funding of joint ventures it has formed in Malaysia and Venezuela, according to the company...