Spanish export credit agency Cesce is set to agree a financing deal for Peru's state energy company Petroperu as part of a $3 billion project to upgrade its Talara...

Global law firm Ince & Co has opened an office in Marseille and hired two partners, Fabien d'Haussy and Laurianne Ribes, who specialise in shipping and transport.

Following the departure of its grains chief executive, Matt Jansen, Cofco Agri appears to have altered its plans to become a global agricultural trader. The shift could...

US-based commodities trader Cargill has revealed adjusted operating earnings jumped almost 80% in the second quarter of 2016 to $1.03 billion. The leap was down to strong...

The China Development Bank (CDB) has agreed a $26 billion five-year financing deal with China Cosco Shipping Corporation. The agreement is aimed at supporting the...

Brazilian oil group Petrobras expects to spend $19 billion this year on exploration, production and refining projects - up from $14.6 billion in 2016. It is a sign that...

SWIFT is working on a proof of concept to see whether distributed ledger technology could be used by banks to reconcile their 'nostro' accounts - accounts held in...

Fintech group Traxpay and German bank Nord/LB have united to support the bank's digitalisation ambitions. Nord/LB will be able to streamline supply chain financing...

Jasper Wauters has joined law firm White & Case as a partner in Geneva, boosting the firm's global international trade practice. He advises on all aspects of...

New York-headquartered blockchain banking consortium R3CEV is on the verge of closing a record funding round of $150 million. The funding was originally reported to be as...

Japanese funders, including the Japan Bank for International Cooperation and the Nippon Export and Investment Insurance, committed $3.54 billion in project finance in...

The International Chamber of Commerce (ICC) Banking Commission has made a number of appointments to its Advisory Board, Executive Committee and Secretariat, including...

The Asian Development Bank (ADB) and the International Chamber of Commerce (ICC) Academy have joined forces to offer training courses on global trade and trade finance....

The Islamic Development Bank (IDB) is to open its first branch in India. The IDB will be offering Islamic banking facilities in the country from Gujarat.

State-owned Egyptian Electricity Holding Company (EEHC) has tapped SACE cover for a tightly priced loan to finance the CCGT conversions of the Assiut and West Damietta...

Solunion, the credit insurance joint venture of Euler Hermes and Spain's MAPFRE, has started operations in the Dominican Republic. MAPFRE BHD, MAPFRE's Dominican...

Aidan Heavey, founder and chief executive of London-headquartered Tullow Oil, is to step down from the role to become group chairman later this year. He will be replaced...

France's Total is to buy a controlling stake in the Lake Albert development project, in Uganda, from London-headquartered Tullow Oil for $900 million. The deal is...

The World Bank has released its January 2017 Global Economic Prospects report, predicting that global economic growth will accelerate moderately to 2.7% this year after a...

China Export and Credit Insurance Corporation (Sinosure) has opened a $1.3 billion line of credit to finance the development of Iran's Abadan Oil Refinery. China...