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The World Health Organization (WHO) says it has received less than half the $115-million it needs to fight an Ebola outbreak in eastern Democratic Republic of Congo. Chikwe Ihekweazu, head of the WHO's Health Emergencies Programme, told reporters in Geneva that at least 1 926 people have been infected and 702 have died, with cases this week spreading to two new provinces and true infection numbers likely two to four times the official tally.
Gerald Group secures Geneva-linked $50-million export credit facilityGerald Metals Sàrl, the Geneva-based subsidiary of Gerald Group, has closed a three-year $50-million finance facility backed by Etihad Credit Insurance, with Abu Dhabi Commercial Bank as lender. Gerald Group CFO Patricia Nikolopoulos says the facility, the group's first export credit agency-backed deal, diversifies its funding platform to support metals trade flows tied to the energy transition.
Mercuria and Eni plan Geneva-based trading joint ventureSwiss commodities trader Mercuria and Italian major Eni have agreed to form a 50:50 joint venture headquartered in Geneva, trading crude oil, refined fuels, biofuels, gas, LNG and LPG from 2027. Mercuria CEO Marco Dunand says integrating physical flows, logistics and risk management will maximise value across the supply chain.
Geneva Updates
Gerald Metals Sàrl, the Geneva-based subsidiary of a leading independent commodity trading company, Gerald Group, has successfully closed a three-year $50-million finance facility supported by...
Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading...
World Trade Organization talks ended deadlocked early on Monday as Brazil blocked a bid by the US and other countries to extend a moratorium on customs duties for electronic transmissions, dealing...
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