All the updated news related to glencore

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City

Glencore trading division enjoys boom in earnings

Traders at commodities giant Glencore managed to play volatile global markets well enough to post a whole year’s worth of earnings in just six months. The business said that its marketing division will earn 3.2 billion dollars (£2.6 billion) before ...

17 Jun 2022 at 13:00

Northumberland battery firm Britishvolt in talks over majority sale

Troubled electric car battery maker Britishvolt has said it is in talks with investors over a possible sale, to keep the firm afloat after it came close to collapse last year. It said in a statement on Monday: “Britishvolt is in discussions with a ...

09 Jan 2023 at 12:49

Britishvolt continues emergency funding talks to avoid collapse

Battery start-up Britishvolt is holding emergency talks as it seeks a last-minute reprieve to avoid tumbling into administration. The company has been developing a £3.8 billion gigafactory in Blyth, Northumberland, which it had hoped would employ ...

01 Nov 2022 at 13:05

Six former Glencore employees in court for alleged bribery, SFO says

Six former employees of the mining giant Glencore have appeared in court charged with bribery offences, the Serious Fraud Office (SFO) has said. They are charged with conspiring to make corrupt payments to benefit their company’s oil operations ...

10 Sept 2024 at 16:18

City

FTSE slips as banks lead fallers after NatWest boss resigns

The FTSE 100 took a step back on Wednesday as banking firms saw their shares dented by the fallout from the row over the closure of Nigel Farage’s Coutts account. NatWest Group was the index’s heaviest faller during the session after Dame ...

27 Jul 2023 at 09:08

City

Hundreds to lose jobs as electric car battery maker Britishvolt collapses

Electric car battery company Britishvolt has fallen into administration and made the majority of its 300 staff redundant, administrators have confirmed. The company, which had plans to build a gigafactory to make the batteries in ...

17 Jan 2023 at 16:28

City

Britishvolt faces administration after failed rescue talks

Troubled electric car battery maker Britishvolt is expected to fall into administration after failing to secure a buyer. The company, which had plans to build a gigafactory to make the batteries in Northumberland, will file a ...

17 Jan 2023 at 12:26

City

Major investor to divest from Glencore and TK Maxx owner over climate concerns

A major investor has said it is divesting from mining giant Glencore and TK Maxx owner TJX over environmental concerns. Legal & General Investment Management (LGIM), one of the world’s largest asset managers, said it has ...

26 Jun 2024 at 15:27

Mining giant Glencore to pay a billon dollars after bribery probes

Mining giant Glencore is to pay more than a billon dollars after bribery investigations, with the firm’s chairman admitting “unacceptable practices” had taken place. The company announced it had reached agreements with ...

24 May 2022 at 20:37

Mining giant Glencore pleads guilty to bribery offences

Mining giant Glencore has pleaded guilty to seven bribery offences. Clare Montgomery QC, appearing for Glencore Energy UK Limited, admitted five counts of bribery and two of a failure of a commercial organisation to ...

21 Jun 2022 at 13:23

Northumberland battery firm Britishvolt considers administration

Troubled UK battery start-up Britishvolt is preparing to potentially fall into administration with almost 300 jobs at risk. The company has been developing a £3.8 billion gigafactory in Blyth, Northumberland, which ...

31 Oct 2022 at 13:59

Rio Tinto investors reject call to drop primary London listing

City

Rio Tinto investors reject call to drop London listing

Shareholders in Rio Tinto have rebuffed calls from an activist investor for the global mining group to ditch its primary London listing and focus on Australia. More than 80% of investor votes cast at its annual ...

01 May 2025 at 12:22

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