BLOOMBERG Brazil’s economic and political crises are proving to be a boon to one of the nation’s most embattled sectors: ethanol producers. Drivers, who used to switch between ethanol and gas depending on the price gap, are now just going for the cheaper, less-efficient ethanol as they try to cut short-term spending amid a battle with inflation as high as ...

Bloomberg With liquidity in the Gulf Cooperation Council (GCC) region falling and economic growth cooling, companies want to maximise the efficiency of their cashflow and working capital finance. They are starting to look for more complex instruments, driving change in the banking sector. Traditionally, firms sourcing supplies from abroad simply used letters of credit (LCs). The LC then allowed the ...

Frankfurt / AFP Deutsche Bank has announced further results of the bond buyback scheme aimed at boosting confidence in its financial solidity, insisting that the low take-up was proof of investors’ trust in Germany’s biggest lender. Earlier this month, Deutsche Bank had announced plans to repurchase up to $2.0 billion of dollar-denominated securities, as well as 3.0 billion euros of ...