Episodes
Monday Mar 09, 2020
Monday Mar 09, 2020
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:
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Senegal is expected to sign a DFI-backed loan to finance the $295 million Senegal Municipal Solid Waste Management (SWM) project,
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Glencore has become a member of the Global Battery Alliance (GBA),
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Aon has agreed to buy Willis Towers Watson (WTW) in an all-stock deal worth about $30 billion.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Mar 06, 2020
Friday Mar 06, 2020
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:
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The International Finance Corporation has arranged a €303 million financing package for a new €404 million gas-fired power project in Cote d’Ivoire
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Berlin-based SME financing specialist FinCompare has topped up its Series A funding round with an additional €12 million from, among others, ING Ventures.
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Swiss LNG trading houses Trafigura and Vitol have concluded the first trade for an LNG derivative contract during the Platts JKM Market on Close assessment process in Singapore.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Mar 05, 2020
Thursday Mar 05, 2020
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:
- After strong profits in 2019, oil traders have been hit hard early in 2020 - losing tens of millions of dollars on bets on gasoil price spreads due to an unexpected collapse in demand in Januar
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Euler Hermes has appointed Loeiz Limon-Duparcmeur, currently Group Head of Risk Underwriting, as Group Chief Financial Officer and Member of Board of Management
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China is close to giving the go-ahead for some of its biggest state-owned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for the project to be built after years of legal wrangling
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Mar 04, 2020
Wednesday Mar 04, 2020
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:
- The International Chamber of Commerce has launched the Digital Trade Standards Initiative (DSI) – a cross-industry effort to enable the standardisation of digital trade
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Sirius Minerals, the company building a £4 billion mine under the North York Moors, is to be sold for £405 million after a rebellion by irate small investors against the cut-price deal failed
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Illicit trade misinvoicing is to blame for creating a value gap of $8.8 trillion in trade between 135 developing and 36 advanced economies from 2008 to 2017, according to research by Global Financial Integrity
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Mar 02, 2020
Monday Mar 02, 2020
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:
- Welsh water company Hydro Industries has secured a UK Export Finance-backed $200 million (£155.4 million) contract to build a treatment plant near an Egyptian tourist resort.
- Singapore-headquartered DBS Bank has completed the first trade financing settlement through CamelONE’s Trade Finance portal – with another two transactions slated to close this week.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Feb 28, 2020
Friday Feb 28, 2020
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:
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Petronet, India’s largest LNG buyer, is soliciting offers for supply under terms similar to a preliminary non-binding agreement it signed with Tellurian last September
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Pemex posted an $18.3 billion net loss for 2019 - almost doubling the previous year’s loss
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Export Development Canada is to increase funds available for its Women in Trade Investments Programme
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Feb 26, 2020
Wednesday Feb 26, 2020
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:
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The European Investment Bank has agreed a €60 million loan with Ignitis Group to finance the 94MW Pomerania Wind Farm project in Poland
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Money transfer outfit Azimo is tapping Ripple's On-Demand Liquidity offering for cross-border payments
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Australian coal miner TerraCom has offered to buy the remaining shares of Universal Coal that it does not already own, in a deal that values the company at about A$175 million ($119.68 million).
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Feb 25, 2020
Tuesday Feb 25, 2020
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:
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Swedish export credit agency EKN has announced that, as of 31 December 2020, it will no longer issue new guarantees for the financing of exports to coal mining
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The coronavirus outbreak in China will likely delay development of nickel projects in Indonesia worth about $11 billion
- Maersk has raised a new sustainability-linked $5 billion revolving credit facility to refinance an undrawn $5.1 billion facility maturing in 2021
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Feb 24, 2020
Monday Feb 24, 2020
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:
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Orion Resource Partners and Yamana Gold have announced the launch of a new precious metals royalty company, with assets in Africa, Australia, North America and South America
- The International Finance Corporation has increased trade finance limits for Vietnamese banks to address, in advance, potential trade finance challenges triggered by the outbreak of the coronavirus
- US International Development Finance Corporation (IDFC)Chief Executive Officer Adam Boehler has been selected to serve as Executive Chairman of Prosper Africa, a government-led initiative which aims to increase two-way trade and investment between the US and Africa.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Feb 21, 2020
Friday Feb 21, 2020
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:
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South Africa-headquartered Anglo American Platinum has appointed Natascha Viljoen as CEO, with effect from 16 April,
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Petrobras missed fourth-quarter expectations but posted a record profit for 2019 of BRL40.1 billion ($9.19 billion) as the firm’s strategy of focusing on deepwater production and exiting non-core activities shows signs off paying off
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US-headquartered ACI Worldwide has announced that Odilon Almeida has been appointed President and Chief Executive Officer
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.