All the updated news related to glencore

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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 by, among others, ...

14 Mar 2022 at 18:25

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) ...

17 Jun 2022 at 13:00

Glencore corruption ‘condoned at very senior level’, court told

Corruption within mining giant Glencore, which pleaded guilty to making bribes, was “condoned at a very senior level”, a court has heard. Glencore Energy UK Limited, part of the huge commodities trader, admitted five counts of bribery and ...

02 Nov 2022 at 16:29

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 ...

09 Jan 2023 at 12:49

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 was rebuffed. ...

03 Apr 2023 at 15:26

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 it ...

31 Oct 2022 at 13:59

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, ...

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 ...

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 ...

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 ...

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 ...

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 ...

26 Jun 2024 at 15:27

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