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Company to pay out $3 bn in share buyback, also promises $1.45-bn special dividend; adjusted EBITDA more than doubles to $18.92 bn
Commodities firm Glencore says it has reached deals with authorities in the US, Britain and Brazil to resolve corruption allegations in return for penalties totalling up to $1.5 billion
Glencore expects to resolve probes into bribery and market manipulation in 2022
Britishvolt is building the U.K.'s first giant battery factory in northern England.
Since July last year, Glencore has been subject to a U.S. Department of Justice enquiry in connection with corruption in the Democratic Republic of Congo, Venezuela and Nigeria
Glencore's American depository receipts fell 1.2% in New York
Glencore has tripled after plunging 70 percent in 2015
Rally in raw materials markets and in the value of share prices of mining companies this year has taken away the need for urgent sales