Latest News for: Swiss commodities

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Why the price of gold won't stop rising

The Times of India 22 Feb 2025
... Trump,” said Giovanni Staunovo, a commodities analyst at the Swiss bank UBS.“There is a search for assets that are considered uncorrelated to other markets, perceived as an insurance asset,” he added.
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Wall Street tumbles Friday, Nasdaq Composite loses more than 2%

Beijing News 21 Feb 2025
Safe-Haven and Commodity-Linked CurrenciesThe U.S. dollar eased slightly against the Swiss franc, with the USDCHF pair settling at 0.8970, a decline of 0.08 percent ... on commodity-linked currencies.
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Swiss Commodities Trader Glencore Faces $1.6Bn Loss

MENA FN 20 Feb 2025
(MENAFN - Swissinfo) According to preliminary annual figures, Swiss commodities trader and mining group Glencore slipped into the red with a $1.6 billion loss in 2024. This content was published ... .
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Glencore looks to leave London Stock Exchange as falls into loss

The Courier Times 20 Feb 2025
Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets ....
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Stock markets pressured by Trump auto tariff threat

Hong Kong Standard 20 Feb 2025
The Standard Channel. IOS Android. IOS Android. More>> ... In other company news, Swiss mining and commodity trading giant Glencore dropped more than six percent on London's FTSE 100 after it reported a net loss for 2024 ... (AFP). .
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Asset writedowns push Glencore into $1.6 bn loss for 2024

Knoxville Daily Sun 19 Feb 2025
Swiss mining and commodity trading giant Glencore said Wednesday that falling coal prices and writedowns to the value of its assets pushed it into a net loss for 2024 ... Glencore's commodities trading ...
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Falling coal prices push Glencore profits to lowest in four years

The Times/The Sunday Times 19 Feb 2025
Adjusted earnings at the giant Swiss commodities group fell to $14.4 billion, from $17.1 billion a year earlier, and slightly worse than the $14.5 billion that analysts had forecast ... Business & Money. Companies ... .
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Falling coal price pushes Glencore profits to four-year low

The Times/The Sunday Times 19 Feb 2025
Profits at Glencore fell to their lowest level in four years as the FTSE 100 miner and commodities trader suffered from a fall in coal prices. Adjusted earnings at the Swiss group fell to $14.4 ...
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Stock markets skid after Trump threatens auto tariffs

Knoxville Daily Sun 19 Feb 2025
European markets all dropped, with London hit by higher-than-expected inflation figures ... In other company news, Swiss mining and commodity trading giant Glencore dropped around�six percent on London's FTSE 100 after it reported a net loss for 2024.
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Trump's halt of US law banning business bribes abroad raises specter of a 'Wild West' ...

The Nashville Ledger 12 Feb 2025
The law has been used hundreds of times in the past decade to stop bribes to win deals, leading to massive settlement payments from multinationals like Goldman Sachs, Germany's Siemens and the Swiss commodities trader Glencore ... interests to thrive.
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Trump’s halt of US law banning business bribes abroad raises specter of a ‘Wild West’ ...

Wtop 12 Feb 2025
The law has been used hundreds of times in the past decade to stop bribes to win deals, leading to massive settlement payments from multinationals like Goldman Sachs, Germany’s Siemens and the Swiss commodities trader Glencore ... Then under U.S.
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Trafigura and former executive found guilty of bribing Angolan official

Business Day 02 Feb 2025
“It is a strong signal that reflects the determination of (Swiss prosecutors) to combat all forms of transnational corruption, particularly in the commodities sector,” the office of the attorney-general of Switzerland said in a statement.
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