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ABM Industries has disclosed a US$300m trade receivables financing agreement, adding a new funding source as stronger working-capital management helped lift nine-month free cash flow to US$199.6m. The US facilities, engineering and infrastructure services group revealed the agreement alongside its...
#ABM Industries#accounts receivable#Cash flow
The US has begun its threatened escalation of financial pressure on Iran, sanctioning nearly 60 entities, individuals and vessels while…
#commodity finance#Iran#OFAC
US tariffs of 50% have taken effect on roughly C$28bn of Canadian goods after Ottawa suspended trade negotiations with Washington,…
#Canada#import finance#Mark Carney
The US has warned countries, banks and businesses supporting trade with Iran that they could face a new wave of…
#commodity finance#compliance#Iran
Iran has hardened the conditions attached to reopening the Strait of Hormuz, tempering expectations that an emerging navigation agreement with…
#commodity finance#Iran#maritime trade