Latest News for: Swiss commodities

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Swiss prosecutors accuse Trafigura of paying €5million in bribes to Angolan official

Swissinfo 20 Nov 2024
Trafigura paid nearly €5 million (CHF4.7 million) in bribes to an Angolan official through an intermediary who was dubbed “Mr Non-Compliant” by the commodity trader’s founder, Claude Dauphin, Swiss ...
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Trafigura Charged for Alleged Bribery Scheme in Angola

The Maritime Executive 20 Nov 2024
Swiss commodity trading giant Trafigura has been charged with failing to prevent a $5 million bribery scheme in its chartering and oil trading operations in Angola, the latest public corruption case ...
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Nasdaq Composite stars as Trump-Harris battle comes to end

Beijing News 05 Nov 2024
USD/CHF (US Dollar/Swiss Franc) ... dollar currencies, with the euro, yen, Swiss franc, the commodity currencies, and the British pound showing strength against the dollar, reflecting investor sentiment.
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Upcoming mega stock earnings keep Wall Street in suspense

Beijing News 29 Oct 2024
NEW YORK, New York - U.S. stocks see-sawed Tuesday as U.S ... stock markets Tuesday. ... The US Dollar / Swiss Franc (USD/CHF) strengthened by 0.29 percent, settling at 0.8675. In contrast, commodity-linked currencies slid against the dollar on Tuesday.
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Calls for DRC to benefit from $150m Glencore corruption damages

Swissinfo 24 Oct 2024
After the Swiss attorney general fined commodities group Glencore CHF2 million ($2.3 million) and ordered it to pay compensation of $150 million over corruption in the Democratic Republic of Congo ...
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MSC Buys $765 Million Stake in Wilson Sons

MarineLink 22 Oct 2024
MSC, a privately-held Swiss group, has been expanding its presence in major commodity exporter Brazil through investments and acquisitions, and had already purchased local logistics firm Log-In in 2021.
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MSC Snaps Up Brazilian Shipping Powerhouse in a $765M Deal

gCaptain 22 Oct 2024
MSC, a privately-held Swiss group, has been expanding its presence in major commodity exporter Brazil through investments and acquisitions, and had already purchased local logistics firm�Log-In�in 2021.
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Five things to watch for in the Canadian business world in the coming week

Moosejaw Today 20 Oct 2024
The miner closed the sale of its remaining interest in its steelmaking coal business, Elk Valley Resources, to Swiss commodities giant Glencore earlier this year as it looks to focus on metals ...
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Central banks turn to rate cuts

CyprusMail 18 Oct 2024
Demand for Switzerland’s haven currency gave its central bank less of an inflation problem than other rate setters when commodity costs soared after Russia’s 2022 Ukraine invasion. The Swiss National Bank now faces prices falling too far.
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Wall Street advances with across-the-board gains

Beijing News 16 Oct 2024
dollar exhibited strength against most currencies Wednesday, particularly the yen and the Swiss franc, signaling ongoing support for the greenback ... USD/CHF (US Dollar / Swiss Franc) rose to 0.8650, reflecting a gain of 0.36 percent.
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Innoterra to scale up exports of basmati rice, spices from India

Business Line 14 Oct 2024
The Swiss-Indian food and technology platform, Innoterra, is eyeing growth in its bulk commodities business of rice and spices exports from India on growing global demand ... ....
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Citing Inadequate Consultation, Tribes Ask EPA to Delay Cleanup Decision at CFAC Superfund Site

Flathead Beacon 11 Oct 2024
It marked the first time that U.S ... Tom McDonald, CSKT’s vice chairman, expressed concerns that the environmental engineers whose work informed the EPA’s preferred remediation plan were hired by Glencore, the Swiss commodities giant that owns CFAC ... .
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Sven-Goran Eriksson lifts the lid on clashes with

The Daily Mail 06 Oct 2024
My first job after England was with Manchester City ... Podcast All episodes ... In the background was another company, Swiss Commodity Holding, which claimed to have huge financial assets along with rights to all gold, iron ore and coal in North Korea ... .
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Mercuria boosts tanker bet with six-ship order in China

Tradewinds 04 Oct 2024
Swiss commodity trader Mercuria has added to ...

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