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24 October 2016

Ausgrid: NSW’s transmission privatisation and infrastructure nationalism

Australia’s New South Wales pronounces itself happy with an all-local bid for its prize electricity transmission asset.

24 October 2016

CBA and Wells Fargo seal landmark blockchain cotton deal

The Commonwealth Bank of Australia (CBA) and America's Wells Fargo used blockchain technology in a "world's first" deal for a shipment of cotton...

24 October 2016

Tereos sweet on buying Petrobras share of sugar business

French group Tereos is in talks to buy Brazil's state-owned oil giant Petrobras's 45.9% minority stake in their joint sugar venture Guaran. Petrobras has vowed...

24 October 2016

Euler Hermes: Annual trade volume growth to stay below 4%

Insurer Euler Hermes has warned in a new report that global trade growth will weaken to +2.1% by volume this year - with an acceleration of just +3.1% in 2017.

24 October 2016

KfW funds green public transport in developing countries

German development bank KfW will next year provide around €1 billion to boost sustainable public transport in growing cities in developing countries and emerging...

24 October 2016

SACE backs Virgin Voyages order for three cruise ships

Export credit agency SACE has backed a deal which sees Virgin Voyages order three cruise ships from Italian shipbuilder Fincantieri. The loan will be supported by...

24 October 2016

JBIC agrees loan to Russia's Sberbank

The Japan Bank for International Cooperation (JBIC) will lend $39 million to Russia's Sberbank to help a company buy coal-handling equipment. Japan hopes the loan...

24 October 2016

Deutsche Bank's guide to new EU Payment Services Directive

Banks and payment providers will have to adapt to comply with the new EU directive on Payment Services Directive 2 (PSD2), according to the latest white paper...

24 October 2016

Ngozi-Okonjo Iweala gets AIIB advisory panel role

Former Nigerian finance minister Ngozi Okonjo-Iweala has been appointed a member of the Asian Infrastructure Investment Bank's (AIIB) international advisory...

24 October 2016

IFC helps finance solar projects in Jordan

The International Finance Corporation (IFC) has helped finance four solar photovoltaic projects in Jordan through Dubai's Adenium Energy Capital.

24 October 2016

Belgium hopes to join AIIB

Belgium wants to become a member of the Asian Infrastructure Investment Bank (AIIB). Signing up signals Belgium's desire to work more closely with China's...

21 October 2016

Exporters financing costs increase amid geopolitical uncertainty

Exporters across a number of industries have seen gaps emerge between them on the cost of their financing. According to TXF/Clevis Research’s 2016 Exporter Survey,...

21 October 2016

Shell to sell $1 billion of shale oil and gas assets in Western Canada

Royal Dutch Shell PLC said it reached a deal to sell $1 billion of shale oil and gas assets in Western Canada as part of a global divestment program to raise cash and...

21 October 2016

Nord Stream-2 pipeline seeks new financing

  The $10.81 billion Nord-Stream-2 project, led by Gazprom is hoping to attract new financing options after Poland's anti-monopoly watchdog objected to...

21 October 2016
in
Infrastructure, Oil & gas, Power, Renewables, Transport

Russia heats up Cuban trade ties with $4bn financing

In a sign that trade relations between Russia and Cuba are stepping up, Russia's ECA, EXIAR, has agreed to guarantee the bulk of a $4 billion finance agreement for Cuban...

21 October 2016

IFC returns to Singapore markets with new treasury hub

IFC, a member of the World Bank Group, issued bonds in the amount of 100 million Singapore dollars—equivalent to about $73 million—as part of its strategy...

21 October 2016

JBIC and NEXI cofinance Indonesian power station

The Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (NEXI) will provide insurance for loans extended by a commercial...

21 October 2016

Africa's economy to rebound in 2017, says ADB

Africa's economic growth is expected to dip this year before rebounding in 2017 to remain the world's second fastest growing region after east Asia, the...

21 October 2016

European Development Bank to fund hospital in Turkey

The European Bank for Reconstruction and Development (EBRD), Export Development Canada (EDC) and the Overseas Private Investment Corporation (OPIC), the U.S....

20 October 2016

Siemens’ Doug Schoch talks supply chain finance

Doug Schoch, vice president of Captive Business at Siemens, talks to TXF's managing director Dan Sheriff about Siemens' supply chain finance programme and the direction...