The European Parliament has approved a ‘White Paper on the Future of European Defence’ that calls for financial tools – including a dedicated Defence, Security and Resilience Bank (DSRB) – to fortify the EU’s security posture. The announcement signals a major shift in how Europe plans to finance its defence needs.
Investment giant BlackRock’s plans to buy the Panama Canal, likely motivated by US President Donald Trump’s insistence on restoring the crucial trade route to US control, look set to encounter pushback from the Panamanian government.
The PSR, which oversees payment networks such as Faster Payments and Mastercard, will see its responsibilities consolidated into the Financial Conduct Authority (FCA), in order to make the regulatory landscape… read more →
American tariffs affect around $28 million worth of goods; the European Commission said its countermeasures will affect American goods worth €26 billion ($28.3 billion). These “strong but proportionate” tariffs, as… read more →
The cloud-based platform, DOKA-NG™, is a way to automate back-office trade finance operations, increasing efficiency, speed, and resilience. The platform integrates with banks’ existing ecosystems to streamline the entire life-cycle… read more →
The collaboration, which launches on Tuesday 11 March, combines ETR Digital’s digital negotiable instruments (DNI) technology with Calculum’s AI-powered analytics platform to help businesses release trapped working capital and improve cash conversion cycles.
Estonia, Latvia, and Lithuania have successfully transitioned from the Russian-controlled IPS/UPS system to a European grid infrastructure, marking a €1.6 billion investment in energy sovereignty. The inaugural BBCM auction on… read more →
Artis Finance has fallen into administration, becoming the latest casualty in a troubled non-bank trade finance industry that has seen multiple firms close their doors in recent months.
Global challenges, political instability, and technological advances have changed the city’s economy in the past few years. The new budget represents a clear effort by the government to place Hong… read more →
US Treasury yields dipped on Tuesday 4 March as markets digested the first day of President Donald Trump’s sweeping new tariffs against China
