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Glencore

Glencore shareholders get $4.5-bn windfall as coal prices soar

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

Glencore shareholders get $4.5-bn windfall as coal prices soar
Updated On : 04 Aug 2022 | 4:48 PM IST

Glencore pays up to $1.5 bn in penalties to resolve corruption claims

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 pays up to $1.5 bn in penalties to resolve corruption claims
Updated On : 26 May 2022 | 3:02 AM IST

Glencore sets aside $1.5 bn for probes into bribery, market manipulation

Glencore expects to resolve probes into bribery and market manipulation in 2022

Glencore sets aside $1.5 bn for probes into bribery, market manipulation
Updated On : 15 Feb 2022 | 11:47 PM IST

Glencore acquires stake in UK battery maker Britishvolt for gigafactory

Britishvolt is building the U.K.'s first giant battery factory in northern England.

Glencore acquires stake in UK battery maker Britishvolt for gigafactory
Updated On : 17 Aug 2021 | 2:33 PM IST

Britain's Serious Fraud Office begins probe into Glencore bribery case

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

Britain's Serious Fraud Office begins probe into Glencore bribery case
Updated On : 05 Dec 2019 | 11:32 PM IST

Glencore moves to top Chinese rival in $3.5 billion coal play

Glencore's American depository receipts fell 1.2% in New York

Glencore moves to top Chinese rival in $3.5 billion coal play
Updated On : 10 Jun 2017 | 8:49 PM IST

JPMorgan-led fund shines as Glencore survives 'darkest days'

Glencore has tripled after plunging 70 percent in 2015

JPMorgan-led fund shines as Glencore survives 'darkest days'
Updated On : 21 Dec 2016 | 1:33 AM IST

Risky business

Glencore's risk-taking culture dies hard

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Updated On : 24 Aug 2016 | 10:44 PM IST

Glencore shelves plan to sell Chilean copper mine: Sources

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

Glencore shelves plan to sell Chilean copper mine: Sources
Updated On : 12 Aug 2016 | 9:06 AM IST