News

Cargill and BAR Technologies’ latest innovation, BAR Tech WindWings by Yara Marine, has set sail. This technology aims to cut cargo ship emissions by up to 30%. Amidst the global… read more →

The U.S. Commerce Department announced on Thursday its intention to apply preliminary anti-dumping duties to tin-plated steel imports from Canada, Germany, and China. This decision excluded five nations, bringing a… read more →

India’s federal government has greenlit a 580 billion rupee ($7 billion) initiative to introduce 10,000 electric buses in 169 cities over the next ten years. The scheme also encompasses the… read more →

UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have inked a $500 million contract to supply Egypt with wheat, a statement confirmed on Monday. The five-year deal,… read more →

ICC and Swift, the global leader in secure financial messaging services, have unveiled the first application programming interface (API) industry standards for bank guarantees and standby letters of credit. The… read more →

On Monday, the Indian government announced that India and the United Arab Emirates have begun conducting bilateral trade using their respective local currencies.  The prominent transaction involved India’s leading refiner,… read more →

Yesterday, 14 August, the UK government unveiled a new “one-stop shop” aimed at assisting small businesses in their efforts to lower carbon emissions. The UK Business Climate Hub represents a… read more →

In July, India’s merchandise trade deficit was at $20.67 billion, based on export and import figures released by the government on Monday. According to a Reuters survey, economists had forecasted… read more →

Allen & Overy’s tech innovation hub, Fuse, has welcomed Enigio into its current cohort. The two companies are working together to accelerate the digitalisation of trade finance, given the importance… read more →

To foster the growth of local capital markets and combat greenhouse gas (GHG) emissions in Georgia, IFC is spearheading an investment through a commitment of $10 million in a five-year… read more →

Visa, and Conferma Pay, a virtual payment firm, have unveiled plans to bolster their ongoing partnership. Their primary focus is to refine Visa Commercial Pay, an array of B2B payment… read more →

India has permitted banks in 22 partner nations, including Russia and the UK, to establish “vostro” accounts within its borders, the government informed the parliament on Tuesday, aiming to bolster… read more →

TFD Initiative has announced it will hold its inaugural Trade Finance Investor Day on 19-20 October at The Grove Hotel in Hertfordshire. The TFD Initiative represents a dynamic community of… read more →

Lloyds Bank has initiated a strategic trade collaboration with UBS to bolster its global presence, aiding its UK-centric clientele to conduct business across 170 nations globally. Through this pact, the… read more →

German industrial production declined more sharply than anticipated in June, data released on Monday revealed, highlighting the difficulties encountered by manufacturing amidst a downturn in Europe’s largest economy. Production decreased… read more →