Events

01.07.2024Labour Party wins the general election

News

Opinions

Statements

business 2025-06-04 21:05

Cobalt Holdings aimed to raise $200 million for cobalt acquisition.
Market conditions deteriorated, hindering investor interest.
The withdrawal from the London flotation raises questions about the company's future strategy.

business 2025-04-01 00:00

In May 2024, a joint venture involving Chandra Asri and Glencore acquired Shell's Singapore assets.
The assets include a refinery with a production capacity of 237,000 barrels per day and major petrochemical facilities.
This acquisition signifies a shift in regional energy dynamics and highlights Chandra Asri's growing influence in the petrochemical industry.

business 2025-02-20 00:01

Glencore reported adjusted earnings of $14.4 billion for the past year, down from $17.1 billion.
The company faced a net loss attributable to shareholders of $1.6 billion due to a non-cash writedown.
These financial struggles underscore the impact of declining coal prices on the company's profitability.

business 2025-02-19 10:15

Glencore is considering relocating its primary stock listing due to pressure from an activist investor.
The company is evaluating Sydney and New York as potential listing alternatives.
This potential shift could further weaken the London stock market's status as a mining hub.

category, sub-category 2024-09-19 19:15

A judge has lifted anonymity orders for five former Glencore executives linked to a bribery case.
The Serious Fraud Office had sought to protect their identities during ongoing investigations.
The ruling allows for public disclosure of their names, emphasizing the need for transparency.

politics, business 2024-09-10 16:00

Alex Beard, former head of oil at Glencore, faces corruption charges in London related to operations in Africa.
Four other former employees have also been charged, with allegations spanning multiple countries and years.
The Serious Fraud Office's investigation aims to expose corruption and hold accountable those involved in bribery.

politics, business 2024-08-22 21:10

business 2024-05-08 13:16

Shell has agreed to sell its Singapore refining and chemicals assets to a joint venture between Glencore and PT Chandra Asri Pacific.
The move is part of Shell's global strategic review to become a lower-carbon operator.
The deal marks a significant shift in Shell's operations in Singapore.

business 2024-05-03 22:50

Glencore is considering a potential bid for Anglo American, sparking a possible takeover battle.
Sources reveal that discussions are internal and preliminary at this stage.
The outcome of this potential bid remains uncertain.

You've reached the end