On 30th June 2025, Prax Group, owner of Britain’s only domestically-owned oil refinery, collapsed into administration. This sent tremors through the UK energy sector and raised questions about energy security, job stability, and government oversight of critical infrastructure.
Bunge Global SA (NYSE: BG) and Viterra Limited have successfully completed their merger, creating what industry experts are calling a premier global agribusiness solutions company. The transaction, initially announced on June 13, 2023, has finally closed after receiving all necessary regulatory approvals.
A London High Court ruling has clarified the boundaries of unjust enrichment law in the context of trade finance fraud, finding in favour of multinational commodities trader Trafigura in a case brought by Rasmala Trade Finance Fund.
In a closely watched judgment for the trade finance community, Singapore’s Appellate Division has overturned a US$146 million damages award against
Global trade accounts for roughly a quarter of world GDP and up to 30% of greenhouse gas emissions. Between 80