China Energy firm CEFC defaults after Rosneft deal fails
CEFC Shanghai International Group, a unit of the privately-held CEFC China Energy Co, has failed to repay 2 billion yuan ($313 million) of bonds. The group said it would...
CEFC Shanghai International Group, a unit of the privately-held CEFC China Energy Co, has failed to repay 2 billion yuan ($313 million) of bonds. The group said it would...
Factoring industry association FCI's new World Factoring Statistics 2017 shows a 9% increase worldwide, reaching a figure of €2,598,298 million. China witnessed...
Sacyr has won the €136.8 million 235-bed Alto Hospicio PPP project in the Tarapaca region of Chile. The project will add a third hospital to Sacyr’s Chilean...
Plenary Group has closed on a A$62 million ($46.5 million) six-year wholesale corporate bond designed to fund future growth in its public infrastructure portfolio....
SB Energy – a joint venture between SoftBank, Foxconn and Bharti Airtel – has won the entire 200MW of solar projects auctioned last week by Solar Energy...
Sponsors of the €100 million ($118 million) LNG terminal in the Finnish port of Hamina – Hamina Energy, Estonian energy company Alexela and Wartsila...
China’s secretive lending practices in developing nations are drawing increased objections from the Trump administration, the World Bank and the IMF, who want...
The Angolan government has plans to raise $15.5 billion of loans from China for infrastructure projects. The plan was revealed in a memo sent to investors within the...
Glencore is rumoured to be close to a $1 billion deal to buy Chevron’s southern African assets, potentially scuppering an earlier agreement with China...
Forty-four African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost intra-African trade...
Fintech trade finance start-up Mitigram has raised a SEK50 million ($5.8 million) series-A funding round with Swedish investors Johan Andersson (CEO of family-owned...
Commerzbank, supported by SAP, has completed an end-to-end integration between SAP S/4HANA business processes and R3’s Corda blockchain platform. The proof of...
Supply chain finance platform Tradeshift has launched a unified cloud-based supply chain payments and finance solution that it claims is compatible with “all major...
Siemens Financial Services has selected GlobalTrade Corporation’s @GlobalTrade Multi-bank Trade Finance Platform for management of its export documentary credits....
Myanmar's Ministry of Construction (MOC) and the Yangon regional government are inviting expressions of interest for a DFBOM project to build a...
Zimbabwe's Ministry of Higher and Tertiary Education, Science and Technology Development, South African company Nkosikhona Holdings and Verify Engineering...
Dhaka Water Supply and Sewerage Authority (WASA) has awarded a DBO contract to Veolia and Suez for the €275 million Gandharbpur drinking water treatment...
Yapı Kredi signed one of its annual trade finance on-lending facilities on 8 May. Syndicated via 48 banks and led by joint coordinators ICBC, First Abu Dhabi Bank and...
The Egyptian electricity minister has said that the announcement of the winning bidder for the 6GW coal-fired power plant for the port of Hamrawein will be made in...
David Lynne, Asia Pacific chief for fixed-income and currencies at Deutsche Bank, is to also take on the role of head of the global transaction banking unit in the...