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Tag: Ivan Glasenberg

Tag Archives: Ivan Glasenberg

29Sep/15

Glencore shares halt slide, broker recommends going private

September 29, 2015FinanceAlgorithmic trading, Australia, Brazil, Business, CENTRAL QUEENSLAND, China, Commodity, Commodity market, Copper, Economy, Financial markets, FTSE 350 Mining Index, Glencore, High-frequency trading, Industries, International trade, Ivan Glasenberg, LME Copper, Market, Marxian economics, Michael Bell, Michael Van Dulken, Price of oil, Russia, Shanghai, Stock, Stock market, United Kingdomsmbale

Shares in commodity trading firms take another tumble, driving global stocks to their lowest in more than two years, as pressure built on raw materials prices and emerging markets.
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07Sep/15

Glencore to suspend dividend, sell new shares to cut debt

September 7, 2015FinanceBAAR, BHP Billiton, Billiton, Canton of Zug, Coal companies of Australia, Companies, Companies listed on the New York Stock Exchange, Dan Gertler, DARREN SINDEN, Democratic Republic of Congo, Dividend, Glencore, Glencore PLC, Glencore's, Industries, Israeli Jews, Ivan Glasenberg, Katanga Mining, Mining, Mopani Copper Mines, Rio Tinto, Switzerland, Xstrata, Zambiasmbale

Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.

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