All the updated news related to glencore

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City

BHP and Glencore deliver investor cheer as earnings soar

Mining giants BHP Group and Glencore have revealed bumper shareholder payouts after soaring commodity prices boosted earnings. BHP – the world’s biggest mining company – announced it would hand back more than 7 billion US dollars (£5.2 billion) to ...

15 Feb 2022 at 09:55

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 ...

09 Jan 2023 at 12:49

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 Northumberland,...

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 notice for ...

17 Jan 2023 at 12:26

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 prevent bribery on ...

21 Jun 2022 at 13:23

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 ...

17 Jun 2022 at 13:00

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 authorities ...

24 May 2022 at 20:37

City

Oil and mining stocks put the breaks on FTSE’s rise

Falling prices of natural resources ate into the performance of the FTSE 100, dampening in London what was a better day on other European markets. The index closed up by 0.5%, a nearly 38-point rise to 7,193.47, which was driven ...

14 Mar 2022 at 18:25

G4S trial awakens memories of past failures at Serious Fraud Office

Comparisons have been drawn with past failures at the Serious Fraud Office as it gave up on attempts to convict three former executives at security company G4S. The trio had been accused of making false representations to the ...

10 Mar 2023 at 13:12

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 ...

27 Jul 2023 at 09:08

World

Anti-government protesters clash with police in Peru for second day

Thousands of protesters took to the streets of Peru’s capital on Friday and were met with volleys of tear gas for a second day, as demonstrators made clear they will keep up their mobilisations to demand the ...

21 Jan 2023 at 03:55

City

Canada’s Teck rejects £18bn takeover bid by London-listed Glencore

Mining giant Glencore has had a 22.5 billion dollar (£18.1 billion) takeover bid rejected for Canadian copper firm Teck Resources. Shares in the London-listed firm slipped after it confirmed the hostile bid ...

03 Apr 2023 at 15:26

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commodities
glencore
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