Europe News

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

European, Russian and global lenders back MET Group’s annual RCFs

Swiss-based energy company MET Group has extended its annual revolving credit facilities (RCFs), drawing in €1.1bn from a group of commercial banks. The agreement …

Europe / 22-03-22 / by Felix Thompson

Analysis: Russia and Ukraine contract considerations for commodity traders and financiers

The Russian invasion of Ukraine has caused the fastest-growing humanitarian crisis in Europe since the Second World War, as well as unleashing turmoil in …

Europe / 21-03-22 / by Eleanor Wragg

Coriolis launches real-time sanctions tracker with Institute of Export & International Trade

Coriolis Technologies and the Institute of Export and International Trade (IoE&IT) have partnered to launch an online sanctions tracker to help businesses navigate the …

Europe / 21-03-22 / by Eleanor Wragg

UKEF, StanChart and Credit Suisse team up on Turkish rail project

UK Export Finance (UKEF) has agreed to guarantee a €2.4bn loan from a group of commercial banks for a high speed electric railway project …

Europe / 17-03-22 / by Felix Thompson