Episodes
Tuesday Feb 04, 2020
Tuesday Feb 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:
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BP has boosted its dividend payout after a 26% drop in fourth-quarter profit on lower oil and gas prices which still beat forecasts
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Russian aluminium producer Rusal has suspended the operations of its business in Guyana as the unrest continues.
- Swiss-based commodity blockchain platform komgo has acquired The Trade Finance Exchange Console (TRAFEC), which provides authenticated, electronic channel of communication between commodity traders and their banks
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 03, 2020
Monday Feb 03, 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 Export Credit Insurance Corporation of South Africa (ECIC) has released its report, Trade and Investment Opportunities in Cote d'Ivoire, which offers an overview of the political, economic, and business environment of the country
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Citigroup has appointed Peter Crawley as Trade and Treasury Solutions (TTS) Head UK and Europe, based in London
- Commodity prices in China were hammered on Monday when the virus-hit country reopened its exchanges after a week-long Lunar New Year holiday
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Jan 23, 2020
Thursday Jan 23, 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 signed a €150 million loan deal to finance the construction and rehabilitation of eight schools, 16 classroom extensions, and 20 new sport halls in schools in Hungary
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Deia Markova has been appointed head of trade commodity finance in Switzerland by Societe Generale
- Metropolitan Region Amsterdam Electric (MRA-Electric) has awarded Total Netherlands Europe's largest public electric vehicle charging contract with a concession to install and operate 20,000 new public charging points in the Dutch provinces of North-Holland, Flevoland and Utrecht.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Jan 22, 2020
Wednesday Jan 22, 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 Japanese government is set to grant loans totalling JPY120.9 billion ($1.1 billion) to Myanmar for four infrastructure developments
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The EBRD is to provide a $100 million facility to back the expansion of Louis Dreyfus in Bulgaria
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Jan 21, 2020
Tuesday Jan 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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Commodity trader Trafigura has taken a majority stake in the Kita solar power plant in Mali
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BP has announced that Chief Financial Officer Brian Gilvary is to retire and step down from the board on 30 June, 2020, after 34 years with the company
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CDC Group, the UK’s impact investor for Africa and South Asia, has announced a $100 million trade finance loan with Absa Bank
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Friday Jan 17, 2020
Friday Jan 17, 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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Trafigura Group will set a target to reduce the intensity of its emissions this year
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Ecuador made its first export of 22,000 tonnes of copper concentrate from the Chinese-owned Mirador mine, marking a new milestone in the country’s effort to develop a large-scale mining industry
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Andre Küüsvek has been appointed as European Bank for Reconstruction and Development Managing Director for Central Asia
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Thursday Jan 16, 2020
Thursday Jan 16, 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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US-based supply chain payments group Tradeshift has announced a funding round of $240 million in equity and debt, which it says will "set the company on a direct path to profitability in the near future"
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Reed Smith has announced the opening of an office in Brussels with the arrival of five partners
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Glencore is negotiating a long-term contract to ship cobalt to Tesla's new electric-vehicle factory in Shanghai
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Tuesday Jan 14, 2020
Tuesday Jan 14, 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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Vancouver-based Mirasol Resources has signed an option agreement with subsidiaries of Newmont Corporation to acquire the Inca Gold Project in Northern Chile
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Glencore Agriculture has bought a further 16.67% of Argentinian supply chain and processing business Renova, upping its stake to 66.67%, from Vicentin
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Just under half of firms in the UK (46%) and US (45%) predict their country will go into recession in 2020, while the Chinese economy is expected to maintain a solid 6%-7% growth rate, according to new research by trade finance provider Stenn
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Monday Jan 13, 2020
Monday Jan 13, 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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Saudi Water Partnership Company (SWPC) has called for expressions of interest (EoI) for its next three independent sewage treatment projects (ISTPs)
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Gabriele Schnell has been appointed head of global transaction banking for Germany for Societe Generale
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Saudi Aramco has exercised a greenshoe option to sell an additional 450 million shares, raising the volume of its IPO to a record $29.4 billion
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Wednesday Jan 08, 2020
Wednesday Jan 08, 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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Brazil-headquartered miner Vale has signed a $3 billion syndicated revolving credit facility, which will be available for five years
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Taiwan's Ministry of Economic Affairs (MOEA) has set its 20-year Feed-in-Tariff (FiT) for offshore wind projects signed in 2020 with rates falling by 7.6% from last year
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Sirius Minerals, which is developing the Woodsmith polyhalite fertiliser project in North Yorkshire, has confirmed that it has received a possible premium-priced takeover offer from Anglo American and is now in advanced talks with the miner.
Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.