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Search results for glencore

Trump tariff ‘surprise’ pushes FTSE 100 into the red
3 weeks, 6 days ago

Trump tariff ‘surprise’ pushes FTSE 100 into the red

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 retreated on …

Trump Mr Trump Ftse Tariff Surprise Pushes
Your junk is needed for the new electric era
1 month ago

Your junk is needed for the new electric era

Live Mint  

ROUYN-NORANDA, Quebec—One of the world’s largest miners is digging into America’s junk drawers, old phones and landfills. Shredded cellphones, obsolete computer cables and chewed-up cars are heaped 30 feet high outside Glencore’s 97-year-old copper smelter deep in Canada’s sparsely populated boreal forest. “In the next 25 years we will consume more copper than humanity has consumed until now," said Kunal …

Energy China Recycling Old Sinha Quebec Copper
Airship network Flying Whales signs up Mount Isa as first base to revolutionise freight transport
2 months, 1 week ago

Airship network Flying Whales signs up Mount Isa as first base to revolutionise freight transport

ABC  

A 200-metre-long piloted airship transporting freight could be flying over Australian skies as soon as 2028, beginning in North West Queensland. The consortium of more than 50 partners, including the French and Canadian governments, has signed a memorandum of understanding with the Mount Isa City Council to establish the first of six Australian bases. Flying Whales CEO Sébastien Bougon said …

Australia Base Mount Isa Flying Mount Isa Airship
UK stocks swing into the red as oil prices retreat
2 months, 2 weeks ago

UK stocks swing into the red as oil prices retreat

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s FTSE 100 tumbled …

Europe Price Ftse Vistry
Commodities giant Glencore is ordered to pay over $150M in wake of Congo mining bribery case
4 months, 2 weeks ago

Commodities giant Glencore is ordered to pay over $150M in wake of Congo mining bribery case

The Independent  

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Email Congo Glencore
Commodities giant Glencore is ordered to pay over $150M in wake of Congo mining bribery case
4 months, 2 weeks ago

Commodities giant Glencore is ordered to pay over $150M in wake of Congo mining bribery case

Associated Press  

GENEVA — Federal prosecutors in Switzerland said Monday they have found Glencore’s international unit “criminally liable” and ordered the commodities giant to pay over $150 million in fines and compensation after ending a probe of bribery in connection with Congo’s mining industry over a decade ago. The Swiss attorney general’s office said Glencore International AG failed to take adequate measures …

Congo Glencore
London markets weaken as oil prices slip
5 months ago

London markets weaken as oil prices slip

The Independent  

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Europe London Oil Prices Ftse Compass
U.S. court sides with Apple, Tesla, other tech companies over child labour in Africa
9 months, 2 weeks ago

U.S. court sides with Apple, Tesla, other tech companies over child labour in Africa

The Hindu  

A federal appeals court on Tuesday refused to hold five major technology companies liable over their alleged support for the use of child labor in cobalt mining operations in the Democratic Republic of the Congo. The plaintiffs accused the five companies of joining suppliers in a "forced labour" venture by purchasing cobalt, which is used to make lithium-ion batteries that …

Tech Labour Tesla Companies Child Child Labour Drc
Agforce raises funds to challenge Glencore Great Artesian Basin carbon capture project
10 months ago

Agforce raises funds to challenge Glencore Great Artesian Basin carbon capture project

ABC  

In short: Rural lobby groups and farmers are stepping up their opposition to a project that aims to store carbon dioxide in Australia's biggest underground freshwater reservoir. Rural lobby groups and farmers are stepping up their opposition to a project that aims to store carbon dioxide in Australia's biggest underground freshwater reservoir. Rural lobby groups and farmers have ramped up …

Farmers Carbon Queensland Carbon Dioxide Carbon Capture Basin Moonie
FTSE breaks six-day winning streak to end August deep in the red
1 year, 3 months ago

FTSE breaks six-day winning streak to end August deep in the red

The Independent  

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End Ftse Boohoo
Britishvolt buyer yet to make final payment, administrators say
1 year, 4 months ago

Britishvolt buyer yet to make final payment, administrators say

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Filings from administrators at EY said the final instalment …

Business British Million This Amount Britishvolt
UK’s top stocks stay buoyant as miners top FTSE 100
1 year, 5 months ago

UK’s top stocks stay buoyant as miners top FTSE 100

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s FTSE 100 has …

100 Ftse
FTSE 100 plunges to lowest close since November as global stocks rocked
1 year, 5 months ago

FTSE 100 plunges to lowest close since November as global stocks rocked

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s FTSE 100 has …

Markets Market 100 Close Ftse
FTSE 100 slips into the red after AstraZeneca shares slump
1 year, 5 months ago

FTSE 100 slips into the red after AstraZeneca shares slump

The Independent  

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European Ftse Free Breaking
FTSE hits troubled waters as utility companies struggle
1 year, 5 months ago

FTSE hits troubled waters as utility companies struggle

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The increased media focus on Thames Water’s problems and …

Water Ftse
Global ambition for renewable energy drives critical minerals boom, but new mines years away
1 year, 5 months ago

Global ambition for renewable energy drives critical minerals boom, but new mines years away

ABC  

Australia is on the cusp of another mining boom in critical metals to feed the world's insatiable appetite for technology, but any new mines could still be years away. Key points: Critical minerals are the mining industry's focus as the need for renewable energy grows It can take up to 13 years for mines to get through application processes and …

Energy World Renewable Energy Coal Minerals Critical Minerals Mines
FTSE’s big companies help drag index up
1 year, 8 months ago

FTSE’s big companies help drag index up

The Independent  

London’s top index continued its recovery from the recent downturn sparked by chaos in the banking sector as it was boosted by some of the biggest companies in town. “The FTSE100 managed to claw its way back to the levels it was trading back on March 9 on the back of today’s data, while the Dax managed to push up …

Ftse Big Companies Help Drag
Glencore launches $22bn copper raid as battle for battery resources explodes
1 year, 8 months ago

Glencore launches $22bn copper raid as battle for battery resources explodes

The Telegraph  

Glencore has launched a $22bn bid for a rival copper miner amid a growing battle for control of the world’s battery metals resources. The FTSE 100 metals giant’s unsolicited approach to Canada’s Teck Resources would create the world’s third largest copper producer, as demand for the metal jumps along with the shift towards electric cars. However, Gary Nagle, Glencore’s chief …

Metals Resources
Queensland government buys $5 billion CopperString 2.0 to connect north-west to national electricity grid
1 year, 9 months ago

Queensland government buys $5 billion CopperString 2.0 to connect north-west to national electricity grid

ABC  

The Queensland government will take control of the multi-billion-dollar CopperString 2.0 project to transmit renewable energy from the state's north-west to the national electricity market. Key points: CopperString 2.0 will build high-voltage power lines from Mount Isa to Townsville The state government will lead the construction of the project after purchasing it from private owners, CuString It promises to create …

Power Project State Billion Mines Stewart Queensland
Despite tear gas, Peru protesters vow to keep demonstrating
1 year, 11 months ago

Despite tear gas, Peru protesters vow to keep demonstrating

Associated Press  

LIMA, Peru — Thousands of protesters took to the streets of Peru’s capital Friday and were met with volleys of tear gas for the second straight day, as demonstrators made clear they will keep up their mobilizations to demand the resignation of President Dina Boluarte. Many of the protesters in Lima had arrived from remote Andean regions, where dozens have …

Congress Gas Peru Castillo Lima Protesters Boluarte
Glencore agrees to pay Congo $180 million over bribery case
2 years ago

Glencore agrees to pay Congo $180 million over bribery case

Associated Press  

BAAR, Switzerland — Commodities company Glencore said Monday that it has reached an agreement with the Democratic Republic of Congo to pay $180 million over bribery allegations spanning from 2007 to 2018. The U.S. Justice Department said in May that Glencore paid more more than $100 million to intermediaries over 10 years, “intending that a significant portion of these payments …

Pay Congo 180 Million Glencore Agrees
UK orders Glencore to pay millions over African oil bribes
2 years, 1 month ago

UK orders Glencore to pay millions over African oil bribes

Associated Press  

LONDON — A British court on Thursday ordered commodities company Glencore to pay more than 280 million pounds for using bribes to bolster its oil profits in five African countries. “Other companies tempted to engage in similar corruption should be aware that similar sanctions lie ahead.” Glencore, which is headquartered in Baar, Switzerland, said it cooperated with the British investigation …

Oil British Company Glencore
Mining giant Glencore ordered to pay £280m in landmark corporate conviction
2 years, 1 month ago

Mining giant Glencore ordered to pay £280m in landmark corporate conviction

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The bribery was across borders and in different jurisdictions.” …

Pay Sign Bribery Glencore Sfo Landmark Corporate Conviction
Glencore ordered to pay £280m after admitting ‘blatant’ bribery in Africa
2 years, 1 month ago

Glencore ordered to pay £280m after admitting ‘blatant’ bribery in Africa

The Telegraph  

Glencore has been ordered to pay £280m after pleading guilty to sprawling and “blatant” bribery schemes, in a major victory for the Serious Fraud Office. In his judgment handed down on Thursday, Mr Justice Fraser said bribery had been “part of the culture” at Glencore’s London oil trading desk and that the company and employees had committed offences “over a …

Fraser Mr Justice Fraser Glencore Ordered