Euler Hermes appoints new head of risk underwriting; China nears approval for SOEs to back Guinean iron ore mine; and oil traders hit hard on spreads amid demand collapse
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
Euler Hermes has appointed Loeiz Limon-Duparcmeur, currently Group Head of Risk Underwriting, as Group Chief Financial Officer and Member of Board of Management
China is close to giving the go-ahead for some of its biggest state-owned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for the project to be built after years of legal wrangling
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