Artificial intelligence could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains and lower trade costs, a report by the World Trade Organization (WTO) has found. The 2025 World Trade Report suggests AI could lead to “significant increases in trade and GDP by 2040”, with…| Global Trade Review (GTR)
A New York court has ordered that a fraud claim brought by US asset manager BroadRiver will continue to discovery, with the company accusing a group of UAE-based defendants of fabricating receivables and impersonating real companies. The lawsuit was initially filed in August last year by BroadRiver’s receivables finance arm, and accuses Dubai-based Sarian General…| Global Trade Review (GTR)
Maritime surveillance specialist SRT Marine Systems is set to digitise Indonesia’s coastguard operations after securing a €157.9mn package from the UK’s export credit agency and Santander.| Global Trade Review (GTR)
HSBC has launched a non-recourse receivables finance solution aimed at its large corporate customers, which it says will help reduce their exposure to risk while optimising working capital. Launched on July 15, the HSBC Receivables Advantage solution is available to corporates that export on open account terms or trade domestically. Users of the solution are…| Global Trade Review (GTR)
Mexico is the riskiest country from which to source goods, according to a new index measuring vulnerabilities across 30 major trading nations.| Global Trade Review (GTR)