Finnish asset manager Taaleri is interested in acquiring the operational Indian solar power assets of Finland's state-controlled power utility Fortum that currently...

Fiorano Software has launched a new platform that it says will help financial institutions across the EU ensure compliance with upcoming PSD2 open banking requirements....

The Islamic Development Bank and Turkey have signed two 20-year financing agreements worth a total of about $567 million. A deal worth $367 million was for the production...

Standard Chartered and Axis Bank have launched a real-time cross-border payment service for corporates using Ripple's distributed ledger technology solution. It is...

A new Oliver Wyman reports explains why only the biggest and most digitally-advanced commodity traders will thrive as the industry confronts a new, less profitable...

Ripple has appointed Benjamin Lawsky to its board along with Ron Will as CFO, and says they will help steer the company's cross-border payments ambitions. Lawsky is a...

The Japan International Cooperation Agency (JICA) has opened an office in Kyiv, in a sign that new projects for the Ukrainian economy could be on the way. The office will...

Indian mining giant Adani is close to securing loans from Chinese banks and export credit agencies to build a 388km railway in Queensland for its $16.5 billion dollars...

Georgia's TBC Bank has signed a $30 million loan agreement with Austrian development bank OeEB. The funds will be primarily used to finance rural areas outside of...

US-based SMEs are embracing a variety of different payment rails, but many find that dealing with multiple solutions is complicating their cash management, according to a...

Swedish telecom firm Ericsson has picked GTC's GlobalTrade Multi-Bank Trade Finance platform for managing bank guarantees, documentary credits and documentary...

Standard Chartered aims to boost revenue growth at its investment banking business to a compound annual rate of 5-7% in the medium term, by taking advantage of...

PLN has received a letter from the Ministry of Energy & Mineral Resources (MEMR) requesting the state-owned utility starts reassessing PPAs with major...

UniCredit has launched its instant payments solution in Italy and Germany. The lender immediately conducted its inaugural instant payment from Germany to Italy. The...

South Africa has taken up shareholding in the African Export-Import Bank (Afreximbank). The country is being represented by the Export Credit Insurance Corporation of...

Germany's SAP expects its margins to flatten out in Q4 and gradually improve towards the end of the decade as investments in cloud technology start to pay off. The...

Allied Irish Bank (AIB) has invested €30 million to take a small minority stake in local B2B payments platform TransferMate. The deal gives AIB a platform to support...

Dubai Electricity and Water Authority (DEWA) unit Etihad Energy Services Company is looking to qualify interested EPC contractors to participate in tenders to deploy up...

Toshiba wants to resolve as many issues as possible relating to the Westinghouse Electric Company Chapter 11 filing. Its parent company guarantee obligations to...

The World Bank and the Islamic Development Bank have issued a report highlighting the potential for Islamic finance in PPP. And untapped pools of capital could boost...