TXF: Indepth

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:

BP has acquired a 50% interest in the Empire Wind and Beacon Wind lease areas off the US East Coast for $1.1 billion

Banco Santander SA is expanding its agriculture business in Brazil as the world’s largest soybean, sugar and coffee producer continues to increase output and solidify its position as a crops powerhouse

IDB Invest has signed a deal with JMMB Bank (Jamaica) Limited, which will allow the bank to access $35 million at a five-year tenor to facilitate increased financing to SMEs

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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:

Linklaters has appointed Matt Keats as Head of Energy and Infrastructure for the Middle East region; and Reginald Demana

Reginald Demana, the CEO and Executive Director of South Africa-headquartered Wescoal, has resigned for personal reasons and will leave the company by the end of June 2021

State-owned Hungarian Development Bank (MFB) and its affiliates made commitments of more than HUF2.3 trillion (€6.44 billion) in new financing in 2020, contributing around 0.8% to GDP

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

Kimberly Reed, head of the Export-Import Bank of the United States, has urged the Joe Biden administration to keep pushing to neutralize Chinese export subsidies and help US companies compete

Netherlands-based Rabobank has joined the club of lenders backing off from commodity trade finance, in what may tighten access to credit for the bunker industry

The UK government is looking to crack down on companies that take too long to pay suppliers, according to a report from the Financial Times

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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 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.

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

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

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

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

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

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

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

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

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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:

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

Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

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 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

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