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Glencore International AG

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Glencore expected to sign $900m loan deal with Bakrie Group

13.10.11
Glencore, the world's biggest commodities trader, is expected to sign a deal within days to give an $800-$900 million loan to Indonesia's Bakrie Group to help it refinance its debt, sources have said... more

Logica given a fillip as it takes its turn in 'Guess the suitor'

08.09.11
"Guess the suitor" seems to be the top game among traders this week. Yesterday, Regus rocketed on speculation of interest from an unknown party, and today it was the turn of Logica.... more

Glencore bids to bag Africa coal at £735m

01.09.11
Glencore confirms the worst-kept rumour in the mining industry as it launched its biggest takeover bid since its controversial stock-market flotation in May... more

Glencore's top traders share in £76m dividend bonanza

25.08.11
Glencore's top brass are $125 million (£76 million) richer as results from the secretive commodities trader, following its record-breaking $61 billion May float, trigger huge dividend payouts... more

Glencore takes 70% stake in Peru copper project owner

18.07.11
Commodities trading giant Glencore says it is buying a 70% stake in the owner of Peru's Mina Justa copper project for $475 million... more

More woe for Glencore as brokers slash target prices

16.06.11
Glencore's troubled week takes another turn for the worse as the shares again plunge more than 4% to as low as 452.3p as two broking firms cut their target prices... more

Glencore hit as profits disappoint the markets

14.06.11
Trading giant Glencore struggles to allay fears about the volatility of commodity prices and the impact on its business model despite a 47% surge in first-quarter profits... more

Prospectors hand out a double dose of disappointment

13.06.11
Those betting on big oil and gas finds for Sterling Energy and Faroe Petroleum were wincing today, as a double dose of disappointment left the prospectors the City's worse performers by a comfortable margin... more

Life on planet Zug - the town of 25k people, and 29k international businesses

06.06.11
While our pay cheques shrink, corporate giants are hightailing it to tax havens. Nick Curtis travels to the Swiss lakeside town where Boots, Glencore and nearly 30,000 other businesses are now based, to ask why they won't pay tax in Britain ... more

Tate & Lyle looks sweet on buzz over Bermuda suitor

01.06.11
Takeover tittle-tattle lifted Tate & Lyle today as investors sweetened to the idea of a bid for the sugar group... more

Glencore float reopens City wounds

26.05.11
An old-school investment banker once told me that, in his more reflective moments, he did worry that some of his activities amounted to little more than a tax on the savings classes - his prosperity, his bonus, his bank's profits were all paid for out of people's savings. He worried that he did not create wealth; he simply transferred wealth from someone else's pocket to his own... more

Goldman Sachs talks up commodities on Glencore's Day One

24.05.11
Is the commodities correction over? As unconditional trading kicked off in commodities giant Glencore's shares today, Goldman Sachs - the bank which saw the recent slump in the cost of metals and oil in its crystal ball - had some welcome advice: investors should again be long in commodities... more

Retail investors stay away from Glencore's flotation

24.05.11
Commodities giant Glencore's shares make up lost ground but remain below their debut price on the first day of full trading... more

Bank supervision relies on wrinklies

20.05.11
One thing we should have learned from the financial crash is that modern banks are too complicated for even their own boards to understand all that goes on within them... more

Rocky start as Glencore kicks off largest London float

19.05.11
Glencore gets its controversial stock market flotation away, a mammoth undertaking that will open the commodities giant to a level of scrutiny it has thus far managed to avoid... more

Paper multi-millionaires to be created as Glencore floats on stock market

19.05.11
Largest ever stock market listing for a single company will mean some 500 people will receive a huge payout from shares... more

Glencore narrows price range as float gets near

16.05.11
Glencore edges towards its giant London flotation, narrowing the price range at which it plans to sell the shares... more

Comet sell-off talk sparks interest in Kesa Electricals

16.05.11
British shoppers may be shunning its stores, but Comet owner Kesa Electricals was at least in demand among investors today... more

City Spy: City eyes turn to News Corp phone-hacking...

09.05.11
Is the phone-hacking fallout about to get a whole lot worse for News International? Rumours abound that US stars who suspect their voicemails may have been accessed are readying to launch an offensive... more

Is the devil in the detail for Glencore?

06.05.11
Perhaps it is because I remember all too clearly the Eighties saga surrounding Marc Rich - whose business formed the nucleus of the trading activities of what is now Glencore - that I have been unable to share in the general enthusiasm for the mining giant and what is about to become one of the largest stock-market flotations seen in Europe... more

Scramble for shares adds to Glencore's bid firepower

05.05.11
Glencore takes a step closer to fulfilling its dream of bidding for mining giant Xstrata as bankers and brokers report huge demand for the shares to be floated just one day after the firm unveiled its prospectus... more

Glencore IPO is valued at up to £40bn

04.05.11
Global commodities trading titan Glencore announces the pricing of its long-awaited stock market flotation at between 480 and 580 pence per share, valuing the company at $60 billion... more

Glencore to settle share price range for record flotation

03.05.11
Commodity trading giant Glencore is finalising the proposed share price range and prospectus for what is set to be London's biggest stock-market flotation... more

Law firms may earn £10m in Glencore deal

18.04.11
Top law firms Clifford Chance and Linklaters emerge as the latest City heavyweights set to cash in on the stock market float of $60 billion commodities giant Glencore... more

City Spy: Numis trader saves man in the Thames

15.04.11
Tom Wilson, an equities sales trader at Numis Securities, is the toast of his stockbroking firm after he dramatically saved the life of a man who jumped into the Thames - apparently with the intention of committing suicide... more

Glencore's £11bn float set to create hundreds of paper millionaires

14.04.11
Commodities trading giant Glencore kicks off one of London's biggest-ever stock market launches with plans to raise up to $11 billion, creating hundreds of paper millionaires at the business... more

Soaring costs good news for Glencore

03.03.11
Glencore, the commodities trading giant founded by controversial US tycoon Marc Rich, whets the appetites of investors who are hoping it will join the stockmarket with a strong results statement... more

Glencore International profits fall 43% in commodities decline

10.03.10
Privately-owned commodity trader Glencore International posts a 43% fall in 2009 net profit after prices were hit by the downturn... more

Glencore moves for flotation by buying Xstrata coal mine

05.03.10
Commodity trader Glencore moves a step closer to a multi-billion-pound flotation as it buys back a South American coal mine from Xstrata... more

Glencore's Iran gas move fires stockmarket rumours

11.01.10
Speculation of a $35 billion flotation by Glencore heightens... more


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