ING has entered into a credit risk-sharing transaction with Dutch pension investment manager PGGM covering a €5bn portfolio of project-finance loans, allowing the bank to reduce its retained credit risk and create additional capacity for new lending. PGGM is participating...
Rating agency says weak growth, higher borrowing costs and political fragmentation complicate efforts to stabilize public finances. Fitch Ratings warned Monday that insufficient progress in reducing France’s budget deficit could lead to a negative rating outlook, while a further substantial...
The growing use of services across all sectors means they should also be viewed as critical for goods exports, a report from the United Nation’s trade and development arm has said. The UN Conference on Trade and Development (UNCTAD) found...
Global renewable energy capacity reached 5.15 terawatts at the end of 2025, keeping the world on a path to approach globally agreed targets, though a dramatic acceleration is urgently required. According to a new report released during Climate Week NYC...
Surging electricity demand from AI, data centres, and industrial electrification is colliding with geopolitical instability, infrastructure constraints, and persistent energy gaps, according to the World Energy Council’s 2026 World Energy Trilemma report. Launched to coincide with Climate Week NYC, the...
Deutsche Bank AG said Chinese inflows to Hong Kong are helping the Asian wealth hub top its private bank’s growth for emerging markets this year, underscoring the strength of the city that recently overtook Switzerland as the world’s largest...
African Export-Import Bank has agreed a US$500m Global Credit Facility with the Africa Trading and Distribution Company, creating a working-capital line that can fund African goods from initial purchase and aggregation through warehousing, transport and eventual distribution. The facility gives...
Chile’s national grid operator has conducted its first field tests of grid-forming technology at Engie’s Los Loros battery energy storage system (BESS) in the Atacama region. Chile’s national grid operator has conducted its first field tests of grid-forming technology at...
Commerzbank has completed its first letter-of-credit transaction using full electronic presentation of trade documents, working with Lloyds and Enigio on a live export from Germany to the UK. The underlying transaction financed the export of a conveyor system by a...
Private credit allocations are set to increase further among insurers in the US, UK and Europe, according to Moody’s. The ratings agency found that 42 per cent of US insurers and 36 per cent of UK and European insurers plan...
