Glencore downgrades nickel expectations as strikes hit production October 30, 2023 Glencore has downgraded expectations for nickel production, with the commodities giant still recovering output from strike action.
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green October 25, 2023 London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
FTSE 100 close: London dips as oil prices fall on easing Gaza tensions as bond yields rise October 23, 2023 London's FTSE indexes opened lower on Monday morning with little to change the mood after last week's rout in markets.
FTSE 100 close: London struggles to ‘regain mojo’ as US economy remains resilient October 3, 2023 London markets were uneasy this morning after strong data out from the US yesterday added to the impression that interest rates will have to stay higher for longer.
Glencore’s deal to buy Russian copper flags country’s grip on key commodities September 26, 2023 Global commodity trading giant Glencore purchased thousands of tonnes of Russian copper that were traded through Turkey to Italy in July.
FTSE 100 close: London markets surge after ECB’s ‘dovish’ 25bps hike September 14, 2023 The ECB is set to announce its latest interest rate decision at 1.15pm London time, and economists are divided about what the result will be.
FTSE 100 close: London markets given a lift as hopes rise for Chinese recovery September 11, 2023 A return to inflation will be welcomed by policymakers in the Chinese communist party, who are attempting to reignite growth in China's stumbling economy.
Blackrock rejected Glencore green plans despite chief’s pull away from ESG September 10, 2023 Blackrock has slammed “inconsistencies” in the climate policy of mining giant Glencore and voted against the firm’s green strategy at its annual general meeting earlier this year, according to new filings.
Glencore’s shares slide as 197 claimants for legal action revealed August 31, 2023 Shares in commodity giant Glencore have dropped over four per cent in early trading this morning amid its bitter legal battle in London.
FTSE 100 Close: London finishes in red on fears of stubborn inflation August 31, 2023 London’s FTSE 100 was subdued today on fears of stubborn inflation keeping investors quiet, finishing in the red after being on one of its longest winning streaks in months. The capital’s premier blue-chip index finished 7,452.87, 0.28 per cent down, after spending all day in the green. By 2.30 it was at 7,488.29, about 0.2 [...]