Global

Alibaba hosts Swedish PM, discuss possible collaborations
Global

Alibaba hosts Swedish PM, discuss possible collaborations

Alibaba Group welcomed the Swedish Prime Minister and delegates from more than 20 Swedish companies, accompanied by officials from Business Sweden, at Alibaba’s Xixi Campus in Hangzhou to explore collaboration between Alibaba and Swedish businesses. Swedish Prime Minister Stefan Löfven gave a speech at the event and representatives of Alibaba […]

Afreximbank holds AGM to boost African trade
Global

Afreximbank holds AGM to boost African trade

The African Export-Import Bank (Afreximbank), Africa’s trade finance bank, is hosting a series of events this week in Kigali for its 24th Annual General Meeting (AGM) as a catalyst to boost the African trade agenda. Against a backdrop of trade and economic transformation, the landmark gathering of more than 100 […]

CME Group to launch OTC FX Options Clearing
Global

CME Group to launch OTC FX Options Clearing

CME Group, has received regulatory clearance from the Commodity Futures Trading Commission (CFTC) to provide clearing services for over-the-counter FX options. Paul Houston, Global Head of FX Products said on behalf of the Exchange said in a statement that “This is a significant milestone in providing our FX clients with […]

Statoil inks NOK 3.1 billion ship contract
Energy

Statoil inks NOK 3.1 billion ship contract

Norwegian oil major, Statoil has given out a contract worth NOK 3.1 billion for seven supply vessels to be delivered to the company by five ship construction companies. Philippe F. Mathieu, SVP, joint operations at Statoil said “We look forward to a long-term cooperation with the chosen ship owners. The […]

Epicor distribution deal to grow Sub-Saharan Africa
Global

Epicor distribution deal to grow Sub-Saharan Africa

Epicor Software Corporation, a global provider of industry specific software has signed an international channel distribution deal to accelerate business growth and meet demand across Africa. The arrangement will see epic ERP, previously a value-added reseller (VAR) for Epicor in South Africa, shift focus from selling and implementing Epicor ERP […]