A new government initiative, the Shipbuilding Credit Guarantee Scheme (SCGS) is aimed at providing financial assistance to ship buyers, enabling them to purchase UK-built vessels and enhance their existing fleet.… read more →
A new report by Neo, a provider of FX and payments services, reveals that SMEs continue to rely heavily on traditional banks for cross-border payments, leading to challenges in terms… read more →
The International Monetary Fund (IMF) has slightly increased its 2023 global growth forecast, citing strong economic performance in the first quarter, but also cautioned about ongoing challenges impacting the long-term… read more →
Oil prices climbed on Monday due to a tightening supply and expectations for economic stimulus in China, which helped Brent oil maintain a price comfortably above $80 a barrel. This… read more →
Wheat prices dipped slightly but remain on track for a weekly increase exceeding 9%, amid escalating tensions in the Black Sea contributing to potential disruptions in the grain trade from… read more →
Today, the EU and Singapore commence negotiations on a digital trade agreement. This proposed agreement is poised to provide legal assurance for comprehensive digital trade and to enhance protections for… read more →
The Asian Development Bank (ADB) and the African Development Bank have today formalised a $1 billion sovereign exposure exchange deal with the objective of augmenting their capital adequacy levels and… read more →
From September 2023, leading aluminium rolling mill Niche Fusina Rolled Products (Fusina) will source 100% of its primary aluminium from low-carbon suppliers, via Concord Resources Limited. Precise carbon footprints will… read more →
In a bid to bolster the global presence of the Indian rupee, India and the United Arab Emirates have reached an agreement to utilise their respective local currencies for cross-border… read more →
The UK announced on Tuesday its plan to engage in discussions with Turkey to update their existing bilateral free trade agreement. The goal is to expand the scope of the… read more →