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GLEN 256.35 +3.65 (1.44%)
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A Look At Glencore's Growth Ambitions
Glencore already owns mines in Latin America, Kazakhstan and Africa, but it wants to grow fast: a few weeks ago it announced its intention to merge with Xstrata plc (OTC:XSRAY), one of the largest mining companies in the world, also headquartered in ...
Rusal's $43 Billion Seven-Year Glencore Deal Feeds Fued
United Co. Rusal (486), the world's biggest aluminum supplier, is locked in to selling $43 billion of the metal to Glencore International Plc (GLEN) over seven years in a contract that's fueling a feud among billionaire investors, four people familiar ...
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Private still best despite Glencore - commodities traders
Glencore (GLEN.L) raised more than $10 billion via an initial public offering last May, making six of its directors billionaires including Chief Executive Ivan Glasenberg, but so far its rivals have not followed suit.
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Glencore to be Wheat King
After announcing its intention to acquire Canadian grain handler Viterra Inc. 4 (TSX:VT 5), Glencore International plc 6 (LSE:GLEN 7) received a chorus of praise and concerns. As the Canadian grain market opens up to a new era of international ...
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Fuel-Oil Discount Shrinks; Glencore Buys Jet Fuel: Oil Products
Asia fuel oil's discount to crude shrank to the smallest amount in more than two months, signaling reduced losses for refiners turning oil into residual products.
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Fortescue Seen Luring Anglo-to-Glencore on China Iron: Real M&A
The $18 billion company, which sells almost all of its iron ore to China, would appeal to Anglo American Plc (AAL), the Glencore International Plc-Xstrata (XTA) Plc combination and Teck Resources Ltd., according to RBC Capital Markets, with steel ...
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Glencore Signs $12.8 Billion of Revolving Credit Facilities
The loans were increased from the $10 billion targeted as the deal was �substantially oversubscribed� in syndication, Glencore said. ABN Amro Bank NV, Citigroup Inc., Lloyds Banking Group, Royal Bank of Scotland Group Plc, and Standard Chartered Plc ...
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Buccaneering spirit suffers fall from grace
He introduced Nat Rothschild to Indonesia's powerful Bakrie family, and came up with the idea of reversing their coal interests into Mr Rothschild's cash shell Vallar, to create the London-listed Bumi plc. He also played a crucial role in the merger ...
JP Morgan banker quits after market fine  MarketWatch
JPMorgan's Hannam Steps Down, Pledging to Appeal FSA Fine  BusinessWeek
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Stock to Watch: Ladbrokes
This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall.
Russian tycoon takes RUSAL spat to UK court
"The filing relates to a dispute between the shareholders of UC RUSAL that arose due to the improper approval of long-term contracts for the supply of primary aluminium and alumina between UC RUSAL and Glencore totalling more than $47 billion," the ...
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