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GLEN 212.55 +6.95 (3.38%)
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Rusal's $43 Billion Seven-Year Glencore Deal Feeds Fued
Rusal, the world's biggest aluminum supplier, is locked in to selling $43 billion of the metal to Glencore International Plc over seven years in a contract that's fueling a feud among billionaire investors, four people familiar with the accord said ...
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 ...
Face off: Alliance Trust vs Foreign & Colonial Investment Trust
If the face off between Fidelity Enhanced Income and Schroder Income Maximiser was a battle of David and Goliath, this battle is surely a clash of the Titans.
Fuel-Oil Discount Shrinks; Glencore Buys Jet Fuel: Oil Products
April 19 (Bloomberg) -- 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.
Uncertainty for shareholders as OpCapita rescues Game Group
The UK business of Game Group (GMG) has been rescued from the brink by investment giant OpCapita. Six banks, led by Royal Bank of Scotland (RBS), which is owed �85 million by Game, have approved the takeover, according to BBC business editor ...
Commodities traders face growing pains
Here again, Glencore's experience is often cited as an example. Yet, some trading houses are recruiting executives to manage the transition.
Glencore Signs $12.8 Billion of Revolving Credit Facilities
April 27 (Bloomberg) -- Glencore International Plc, the commodities trader seeking to acquire Xstrata Plc, signed $12.8 billion of revolving credit facilities to refinance and extend existing lines, an increase of about 28 percent on what it originally ...
Xcite Energy announces drawdown
Xcite Energy (XEL) has drawn down �2.12 million of its equity line agreement with Esousa Holdings. The drawdown has been undertaken at a price of �1.134 per share and will result in the issue of 1,866,813 ordinary shares of no par value in the capital ...
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, the Glencore International Plc-Xstrata Plc combination and Teck Resources Ltd., according to RBC Capital Markets, with steel production on the ...
View from the top: Genel Energy interview
3 Great Contrarian Picks: BP plc, Glencore PLC And Latchways plc · Alliance Trust says results "disappointing" and promises change · Nikkei buys Financial Times · 5 Under The Radar Growth Shares: Carnival plc, Wolseley plc, Interserve plc, Senior plc ...