Europe News

UKEF faces further legal action over Mozambique LNG project

A conservation group says it will continue its fight against UK Export Finance’s (UKEF) decision to provide US$1.15bn of support to a natural gas …

Europe / 20-04-22 / by Jacob Atkins

Trade digitalisation gets boost in UK with launch of dedicated centre

The UK now has what is being tipped the “world’s first” hub dedicated to accelerating the digitalisation of trade, with the launch today of …

Europe / 08-04-22 / by Eleanor Wragg

Glencore secures US$6.5bn refinancing, halts new business in Russia

Commodities giant Glencore has refinanced its short-term revolving credit facilities in a US$6.5bn deal backed by 39 banks. Glencore says the facilities were heavily …

Europe / 06-04-22 / by John Basquill

Analysis: Assessing the supply chain risk landscape for UK businesses

Already strained by trading challenges brought about by Brexit and the Covid-19 pandemic, UK exporters are now faced with navigating the trading restrictions imposed …

Europe / 30-03-22 / by Eleanor Wragg

UK e-money firm 3S Money launches trade finance fund

London-headquartered payments company 3S Money has launched a trade finance fund providing multi-currency loan facilities for SMEs struggling to access support from international banks. …

Europe / 28-03-22 / by John Basquill

Trafigura, Mercuria predict return to coal as energy crisis bites

Plunging Russian oil and gas exports to the west are set to drive up demand for coal, commodity traders say, as European governments and …

Europe / 23-03-22 / by Felix Thompson

Institute of Export & International Trade rolls out £1mn SME education boost

The Institute of Export & International Trade (IoE&IT) has opened a £1mn voucher scheme to help British businesses access help to export. Through the …

Europe / 23-03-22 / by Eleanor Wragg

Fresh compliance work for banks in EU human rights due diligence draft law

A proposed EU regulation on corporate due diligence, aimed at rooting out human rights and environmental abuses in supply chains, will make compliance efforts …

Europe / 23-03-22 / by Jacob Atkins

Director of collapsed commodities trader fights US$14mn UBS lawsuit

The former director of a collapsed UK commodities trading company has hit back at claims by UBS that he allowed company funds to be …

Europe / 22-03-22 / by Jacob Atkins

Law Commission publishes draft electronic trade documents legislation

Another step has been taken towards achieving legal equivalence for electronic versions of trade documents, with the publication of draft legislation by the Law …

Europe / 22-03-22 / by Eleanor Wragg