The Export-Import Bank of the United States has approved two transactions in the aviation sector, amounting to a total of $125 million in financing

Metalloinvest has appointed Rinat Ismagilov as Director of the Mining Division, and Alexey Kushnarev as Director of the Steel Division

Citi has promoted Shahmir Khaliq to head of treasury and trade solutions from his most recent role of running operations and technology for trade and treasury, effective immediately.

Economic activity in developing Asia is forecast to contract by 0.4% this year, before picking up to 6.8% in 2021 as the region moves toward recovery from the effects of the coronavirus disease, according to research by the Asian Development Bank

Commodities trader Trafigura has fully bought out the family stake of its late founder Claude Dauphin after record earnings in 2020

The interconnected supply chains of global trade networks are being exploited to launder the proceeds of crime or finance terrorism, according to research by Financial Action Task Force (FATF) and Egmont Group

US Ex-Im has signed a memorandum of understanding with Bank Gospodarstwa Krajowego - Poland’s official export credit provider and official state development bank

Energy trader Vitol has agreed to buy four combined cycle gas turbines in Britain from Drax Smart Generation, pushing its total CCGT capacity to 3.3GW

The African Export-Import Bank (Afreximbank) has increased the number of its Trade Finance Intermediaries to more than 65 in 30 African countries during 2020

Trade and export specialist Luciano Racco has joined Foley Hoag as counsel and co-chair of its Trade Sanctions & Export Control practice

Brenda Berlin has resigned as acting CEO of London- and Johannesburg-listed coal development firm MC Mining

The Bankers Association for Finance and Trade (BAFT) has shared the results of a trade technology survey ranking blockchain trade finance network popularity

Orsted has been handed a bill by the Danish Tax Authority for DKK5.1 billion ($825 million) plus DKK1.5 billion of interest for the full future value of the two wind farm

As European lenders retreat from commodity trade finance, Deutsche Bank is looking to grow its business in the sector, according to Daniel Schmand, the bank's global head of trade finance and lending

SWIFT has announced the activation of the world’s first live gpi Instant connection

Masdar and Tribe Infrastructure Group will establish up a joint venture to pursue energy-from-waste (EfW) projects in Australia

Russian gas giant Gazprom incurred a loss of RUB251.3 billion ($3.3 billion) in the third quarter, down from a net profit of RUB211.8 billion in the same three months of 2019 due to the weak rouble

Digital banking firm Emirates National Bank Dubai (Emirates NBD) has rolled out its new businessONLINE platform, a new omnichannel platform for small businesses

The African Export-Import Bank and Rwanda have signed a deal on the establishment of the Fund for Export-Development in Africa (FEDA), a development-oriented subsidiary of Afreximbank.

Mercuria has closed its $1.7 billion one-year senior secured borrowing base revolving credit facility

The Hartford has appointed David Robinson as head of international financial lines within The Hartford International business

Glencore’s major expansion plan for the McArthur River zinc mine has been approved by the state government of Northern Territory in Australia

The Democratic Republic of the Congo's Entreprise Générale du Cobalt (EGC) has signed an off-take agreement with Trafigura

AXA XL Insurance has promoted Nicola Harris to Head of Energy, UK & Lloyd’s market

France proposes to stop providing state export guarantees to projects involving dirty forms of oil such as shale from next year, followed by all types of oil from 2025 and gas from 2035

Billionaire Margarita Louis-Dreyfus has agreed to sell a 45% stake in the eponymous agricultural trader to an Abu Dhabi sovereign wealth fund, opening the family business to outside ownership for the first time to secure desperately needed cash for its owner.

The International Chamber of Commerce's Advisory Group on Trade Finance has called on G20 leaders to leverage trade finance to safeguard SMEs and power global recovery

South African investors have pulled out of a multi-billion dollar coal-fired power plant project in northern Limpopo province, putting its construction at risk as opposition to the use of fossil-fuels in the country grows despite crippling power shortages

Trafigura Group threatened in 2018 to block Nyrstar from drawing on a key loan facility, according to a letter from advisers to Nyrstar’s board, accelerating a cash crunch that ultimately led to the trading giant’s takeover of the company

Deutsche Bank has established a supply chain financing solution for BASF China, supporting the company and its suppliers in China with working capital capabilities