Multinationals doing business in India need to manage their FX risk more actively than ever as demonetisation in the country continues to push up rupee volatility,...

London-headquartered Tullow Oil is believed to be close to striking a deal with Independent Oil and Gas for a disused pipeline in the southern part of the North Sea.

DH Corp is offering a cloud-based instant payments testing environment that will provide simulated connectivity to EBA CLEARING's pan-European instant payment...

Dutch development bank FMO and the Belgian Investment Company For Developing Countries (BIO) have agreed $25 million and $15 million loans respectively to Fidelity Bank...

Sierentz Energy has picked Eka's energy trading and risk management (ETRM) software solution to manage its expansion into natural gas trading and marketing. It will...

A $330 million project to replace oil-fired power plant with modern gas-fired power.  Marubeni has a 40 per cent stake in the current owner/operator JPS. A local...

BBVA has joined Hyperledger, Linux Foundation's open-source collaborative blockchain project. The bank is already a member of R3, which is also participating in...

The developer of the 61MW solar project in the Risha province of Jordan has signed a power purchase agreement with Nepco.  Electricity will be supplied...

Fraudulent invoicing in cross-border trade contributes significantly to the annual $2.2 billion in transactional crime. Entities misinvoice to hide either the goods being...

Australia-headquartered oil and gas developer Cooper Energy has launched a $151 million equity raising in a bid to help fund a $355 million offshore project to pipe gas...

Kuwaiti Oil has awarded the EPC contract for a sour gathering centre project in the Burgan oil field. The centre will produce 120,000 barrels of oil a day alongside the...

The European Bank for Reconstruction and Development (EBRD) has hired Ayten Rustamova as the new head of office in Tajikistan. She will be based in Dushanbe, where she...

Commodities giant Trafigura and French bank Natixis are working with IBM to test blockchain technology for settling US crude oil deals. They hope to increase...

Italy-based MEP Pellegrini Marine Equipments has secured a contract to supply customised marine equipment to India's Cochin Shipyard Limited. MEP trumped an offer...

Under recent amendments to the OECD Arrangement on Export Credits, Minimum Premium Rates for cover on transactions involving high income countries were redefined. The...

An assessment of what is required to achieve UN Sustainable Development Goals and what is needed to be part of the new industrial revolution.

The developer of the Mexican project is looking to raise $500 million in financing while investing $200 million in equity. The IFC and IIC along with Mexican development...

Around 15% of the global population are disabled. Of those, approximately 80% live in developing countries and 150 million are children. TXF caught up with Jane Anthony,...

KfW, the German development bank, mistakenly transferred $5.4 billion to four counterparty banks. The bank blamed "human error owing to a configuration...

The project is to be located close to the Northern Border Pipeline in South Dakota and is intended to replace the aging Hoot Lake coal-fired plant. Otter Tail will invest...