While total revenue reaches 8-year-high, European contractors generate highest international revenue. The world’s largest contracting firms reached a revenue of $499.7 billion in 2023, an eight-year high, according to the Engineering News-Record (ENR) magazine’s Top 250 International Contractors list, compiled...
Spain-domiciled Santander and Atitlan, an influential business group in the Iberian Peninsula, have launched a €500 million global investment platform dedicated to agricultural projects. The platform, dubbed Atgro, is a private equity fund that has secured initial contributions of...
Rate cuts will initially be a credit negative for most U.S. banks, Moody's Ratings said. The Federal Reserve’s expected interest rate cut later this week could create new challenges — and opportunities — for banks over the coming months. Rate cuts...
Strong fiscal, external balance sheets balanced against heavy dependence on oil, generous welfare system, large public sector, says rating agency. Fitch Ratings said it had affirmed Kuwait's long-term foreign currency issuer default rating at AA- with a stable outlook. The rating...
Germany's medium-term economic growth prospects weak, however, reflecting long-standing structural challenges, says rating agency. Fitch Ratings said it affirmed Germany's long-term foreign-currency issuer default rating at AAA with a stable outlook. The rating reflects Germany’s diversified, high value-added economy and strong...
Trillions of US dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, research published. The study by Tax Justice Network, which campaigns against tax havens, highlights a lack...
Ellomay Capital Ltd. (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, reported that its wholly-owned subsidiary, Ellomay Holdings Luxembourg Sarl (“Ellomay Luxembourg”), which...
Partnership enables lenders to launch Eltropy’s messaging tools directly from Sync 1’s LOS, facilitating efficient conversations throughout the lending process. Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), announced an integration with Sync 1 Systems, a provider...
Fragmentation can lead to ‘unwelcome concessions being extracted by foreign countries’. The EU should pursue “enhanced co-ordination” regarding FDI lest single members be strongarmed by investors from abroad, former ECB governor Mario Draghi argues in his report outlining a new...
Australian agriculture is set to benefit this financial year, as the gross value of agricultural production is forecast to increase by 4%. The ABARES Agricultural Commodities and Crop Reports show a significant growth in the sector, from $82.5 billion in...
