The Bank of England has surprised investors today by voting against a rise in its benchmark interest rate, which would have been its first since August 2018.
On the eve of COP26 – the biggest climate summit of the year – the world is more focused than ever on reducing carbon emissions, and on the role that individual companies can play in tackling climate change.
Merchants would go on voyages for several weeks, if not months, in a caravel, carrack or clipper to the Far East, or elsewhere, to buy cotton, wool, tea, spices or other commodities. They would be equipped with a Letter of Credit in their trunk, often handwritten by the clerk of their high street banks.
The UK and ten major trading partners have agreed to end export credit support for unabated coal-fired power plants
The pandemic and the ensuing disruptions in how the world produces, transports, stores, and consumes bulk commodities is placing physical inventory control and monitoring in the cross-hairs of revolutionary change.… read more →
A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies, while making it easier… read more →
We have just completed the marathon that is virtual Sibos – a festival of trade, treasury, and payments. So what better way to celebrate than to be joined by the CEO of the Banks Association for Financing Trade (BAFT), Tod Burwell.
Commodity trade finance fraud and losses, along with trade finance digitization, have emerged as common themes in trade finance recently.
Trade Finance Global is delighted to announce its media partnership with Reuters Events for Commodities Trading 2021.
World trade of goods has declined some 12% in the last year, representing a loss of $22 trillion USD of trade. Is it all doom and gloom for trade, or will we see a resurgence?
TFG’s Deepesh Patel spoke to ITFA’s Chairman, Sean Edwards, about the ITFA Structured Letters of Credit Working Group, and the emergence of Structured Letters of Credit as a variant of Traditional LCs.
Czarnikow Group Limited (CZ) announces its first syndicated Borrowing Base Facility to start this month which launched at US$50 million and closed oversubscribed at US$80 million. This facility was arranged… read more →
Bankers and traders can now access a fully comprehensive digital platform by VERIDAPT called AdaptSCF that ensures security, reliability and compliance in the digital trade finance world.
The agreement aims at boosting trade development across the country’s agriculture, energy, healthcare, and private sectors over a period of five years. The International Islamic Trade Finance Corporation (ITFC), a… read more →