Month: December 2024

Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery from a year to three years. It extended loan tenures for entities with existing medium- and...

PPG sold its US and Canada architectural coatings business to American Industrial Partners for $550 million. The divested unit, with $2 billion in 2023 sales, had low EBITDA margins. The sale optimises PPG’s portfolio, boosting...

Dutch producer confidence improved in November, rising to -1.8 from -3.2 in October, driven by optimism about future output. Confidence in most industrial sectors improved, notably in textiles, clothing, and leather. Despite...

The US State Small Business Credit Initiative spent nearly $750 million to support transactions that led to $3.1 billion in overall new financing, including $2.6 billion in private financing, a treasury department report said....

Arkema finalised the $150 million acquisition of Dow’s flexible packaging laminating adhesives business on December 2, 2024. The deal expands Arkema’s presence in the flexible packaging market with a $250 million revenue...