Trafigura 'merging China oil operations in new Shanghai trading desk'; Vestas makes senior appointments; and EIB, Banque du Caire provide $100m to finance Egyptian SMEs

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Swiss commodities merchant Trafigura plans to merge its three-year-old crude oil marketing office in Qingdao, in east China’s Shandong province, with an oil desk being set up in Shanghai, sources said

• Japan has announced a list of its firms subject to tighter foreign ownership rules, including majors such as Toyota Motor Corp and Sony Corp, as the United States and Europe step up scrutiny of industries key to national security

• The European Investment Bank has signed a financing agreement of $100 million with Banque du Caire to finance the investments of Egyptian small and medium-sized enterprises in the manufacturing and services sectors

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