The recently acquired Green Investment Bank (GIB) is in talks with UK-based Lightsource Renewable Energy about funding the development of 1GW of renewable capacity...

The Peruvian state-owned petroleum company intends to issue the government-backed bonds as a way of restructuring expensive short-term loans, allowing work on the $5.4...

Oil prices are likely to range between the low $50s and low $60s a barrel in 2017 and are unlikely to hit $70 a barrel due to excess supply, the Asian head of energy and...

The Melbourne university has announced the largest Australian non-governmental corporate tender to meet around 55% of its electricity demands. The 10-year contract will...

The Saudi Arabian water and power company is in the process of breathing life back into a plan hatched late last year to issue a $600 million senior secured bond and a...

Shareholders in Nord Stream 3&4 – Gazprom, Uniper, Wintershall, Shell, OMV and Engie - have committed to raising funds for the €9.5 billion...

On 14 April 2017 Edra Energy, which was sold by 1MDB to China General Nuclear Power Corp, signed a 21-year power purchase agreement with state power utility Tenaga on the...

The Bank of England is seeking startups to take part in distributed ledger projects focused on data privacy, as part of its accelerator project. The central bank's...

Digital trade finance platforms and tools such as the Bank Payment Obligation can help treasurers mitigate counterparty and other local risks more efficiently as...

Myanmar's First Private Bank (FPB) has chosen Misys FusionBanking to streamline and digitise its operations. The product's Trade Innovate and Corporate Channels...

B2B card payments are failing to gain significant traction, mostly because suppliers are typically charged for taking a card payment and face overhead costs for hosting...

The Loan Market Association (LMA) has released the results of its survey on the opportunities and challenges facing increasingly active developing market jurisdictions....

Japan's Mizuho Financial Group has picked US tech provider Cognizant to develop a distributed ledger solution to make trade finance more efficient. Cognizant will use...

Allied Irish Banks (AIB) has been fined more than €2.3 million by Ireland's central bank for failing to comply to anti-money laundering and terrorist financing...

Citibank has launched a cross-border payment solution in India for corporates that eliminates the need for multiple, underlying physical documents for trade payments....

Law firm White & Case has hired structured finance lawyer Chris McGarry as a new partner in London. He joins from Ropes & Gray, where he was a partner.

CDC Group, the UK's development finance institution, alongside Aga Khan Fund for Economic Development, and Industrial Promotion Services, have launched a new platform...

The Ghana Cocoa Board (Cocobod) needs about $400 million in bridge financing to cover the rest of the cocoa season after a $1.8 billion loan ran out early. Much of the...

More than one-third of offshore renminbi (RMB) FX transactions are done with the UK, according to SWIFT's latest RMB tracker. The RMB ranks fifth as a world FX...

The race to close the first international syndicated structured loan into Chinese downstream oil and gas ended last year when Shandong Qingyuan debuted with a prepayment...