Anglo American has rejected a second takeover approach by Australian rival BHP that values the London-listed mining company at £34 billion (almost $42.7 billion).BHP said that Anglo’s board had not engaged with its offer, which came after an initial £31 billion offer was also... More

SACE, in collaboration with the Ministry of Finance of Iraq, has concluded a Framework Agreement in support of the Trade Bank of Iraq. The agreement aims to increase exports of Italian-made products to Iraq. Additionally, it seeks to encourage investments in the private sector, up to a value of... More

Queensland state will decide this month whether to give Glencore a key approval to bury liquefied carbon dioxide in the country's largest aquifer, a plan farm groups say must be blocked because it risks poisoning water supplies.Glencore plans a three-year, A$210 million ($135 million) pilot... More

The Saudi Export-Import Bank and the Saudi National Bank signed an insurance agreement to enhance documentary credits and a major Murabaha agreement to finance the export of Saudi non-oil products.These efforts aim to boost Saudi non-oil exports, providing credit products, insurance, and financing... More

Vanadium Resources (VR8) has signed an MOu with China-based Hunan Zhongxin New Materials Technology for the offtake of 4,000 t/y of vanadium oxide, over a period of five years.The nonbinding MoU states that Hunan can extend the offtake agreement by a further five years. VR8 owns 74% of the... More

The 60 largest private banks spent $6.9 trillion financing fossil fuels since the 2016 Paris Agreement, according to new research - with even smaller lenders stepping into deals other banks may not be willing to support.Of the total, $3.3 trillion was used for fossil fuel expansion, the 15th annual... More

QMC Telecom International has closed two credit facilities totaling $115 million to support the company's 5G network infrastructure investments in Latin America.The first credit agreement, a four-year $50 million loan, was delivered by Deutsche Bank to provide additional liquidity for growth... More

KEFI Gold and Copper is progressing the approval process for the finance syndicate in relation to the Tulu Kapi gold project in Ethiopia and is expected to receive final approvals this month.Preparations for the project have already begun on-site in anticipation of construction, which is scheduled... More

Standard Chartered has appointed three new additions to its transaction banking global leadership team: Mahesh Kini as Global Head of Cash Management, Mark Troutman as Global Head of Transaction Banking Corporate Sales, and Dhiraj Rajan Bajaj as Global Head of Transaction Banking Financial... More