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Mayer Brown, a law firm, has advised Citibank, a bank acting as coordinator, and SACE, Italy’s export credit agency, on a $400 million syndicated loan facility extended to Eletrobras, Brazil’s primary electricity company and the largest in Latin America.
The latest World Trade Organization (WTO) Goods Trade Barometer indicates that global merchandise trade remained steady at the start of 2025. The index read 102.8 – virtually unchanged from December’s 102.7, suggesting that trade growth continues at a moderate pace, though rising trade policy uncertainty and potential tariff measures could weigh on future performance.
Jiko, a San Francisco-headquartered technology platform and bank, has announced the launch of JikoNet, its settlement network that is designed to facilitate real-time transactions while minimising counterparty and liquidity risks.
FIS, a financial technology company, has announced the launch of Treasury GPT, an AI-powered product support tool designed to enhance corporate treasury operations.
CargoX, a blockchain platform, has successfully facilitated the first fully digital FIATA Multimodal Bill of Lading (eFBL) pilot under the draft United Nations Convention on negotiable cargo documents.
HSBC has announced a partnership with TreviPay to expand financing options for business-to-business (B2B) eCommerce transactions. The collaboration aims to improve digital purchasing experiences by integrating trade credit and invoicing solutions directly into online sales channels.
The adoption of electronic Bills of Lading (eBLs) in container shipping has taken a step forward with the launch of an interoperable eBL solution developed through a collaboration between the Global Shipping Business Network (GSBN), ICE Digital Trade, and IQAX.