Friday 29 July 2016
 
»
Tag
 
»
Glencore

Glencore sells agri unit stake for $625m

Glencore has agreed to sell a 9.99 per cent stake in its agricultural business to British Columbia Investment Management Corp for $624.9 million, as it continues a push to sell up to $5 billion worth of assets this year to help cut debt.

More…

Glencore sells agri unit stake for $2.5bn

Commodity miner and trader Glencore has agreed to sell 40 per cent of its agricultural unit to Canada's state pension fund for $2.5 billion, the company's latest step to cut debt and soothe investor concerns about the impact of weak comm

More…

Saudi agriculture firm leading Glencore unit bids

Canada Pension Plan Investment Board and state-owned Saudi Agricultural and Livestock Investment Company (Salic) are among the lead bidders for a minority stake in the agriculture unit of Glencore, Bloomberg reported. A Saudi j

More…

Saudi agriculture firm leading Glencore unit bids

Canada Pension Plan Investment Board and state-owned Saudi Agricultural and Livestock Investment Company (Salic) are among the lead bidders for a minority stake in the agriculture unit of Glencore, Bloomberg reported. A Saudi j

More…

Glencore loads Iranian fuel oil from Bandar Mahshahr

Anglo-Swiss commodity trader Glencore has chartered a ship to load Iranian fuel oil at the Iranian port of Bandar Mahshahr in a move that signals the return of legitimate Iranian crude and oil products to international markets. &n

More…

Glencore sees Tripoli-based NOC as sole legal seller of Libyan oil

Commodities trader Glencore said it recognises Libya's Tripoli-based National Oil Corp (NOC) as the sole legal marketer of the country's oil, after securing an export deal earlier this year with the state-run company. &nbs

More…

Moroccan refinery's debts highlight oil sector lending dangers

When Morocco's only oil refinery suspended production in early August due to financial difficulties, it owed $450 million to trading houses, including Glencore, Vitol and BB Energy, according to traders and refinery sources familiar with t

More…

Glencore seals Libyan oil deal in scramble for profits

Trading house Glencore has secured a deal to buy as much as half of the oil Libya is currently exporting, market sources said, as it looks to boost trading to help offset flagging profits from mining.  

More…

Glencore shares bounce back after HK surge

Shares in trader and miner Glencore surged as much as 20 per cent in London on Monday, following a 25-per cent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices. Reuters reported

More…

Glencore, VW hits to push Qatar fund to diversify more

Qatar Investment Authority's hit from the slide in Volkswagen and Glencore shares can only underline the sovereign wealth fund's need to continue to diversify its asset base, industry sources said. The German carmaker has

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads