|Bid||368.90 x 0|
|Ask||368.95 x 0|
|Day's Range||365.25 - 370.40|
|52 Week Range||211.85 - 420.03|
|Beta (5Y Monthly)||1.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 14, 2022 - Feb 18, 2022|
|Forward Dividend & Yield||0.09 (2.60%)|
|Ex-Dividend Date||Sep 02, 2021|
|1y Target Est||N/A|
(Bloomberg) -- Zinc rallied as Glencore Plc said it’s preparing to shut down production in Italy, adding to cuts already made elsewhere in Europe as high energy prices continue to hit the continent’s industrial base.Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook on SuccessionNew York City Is Building a Wall of Oysters to Fend Off FloodsA Denser City, But at What Cost?The Women Behind Historic House DesignsFrom Bathhouses to Fisheries, Hidden Inflation Is Creeping Acro
Swiss miner and trader Glencore and its partners are looking at options to expand their agricultural joint venture Viterra, including targeted bolt-on acquisitions in the Americas and Australia, two sources close to the matter said. The firm, formerly known as Glencore Agriculture, made the headlines in 2017 for a failed takeover approach to Bunge Ltd , one of the giant names of global grain trading, then valued at $11 billion. Glencore owns 50% of Viterra having sold the other half to Canadian pension funds CPP Investments and British Columbia Investment Management Corporation (BCI) in 2016, for a total $3.125 billion.
LONDON/WASHINGTON (Reuters) -Glencore is ready to enter into negotiations on restructuring Chad's more than $1 billion of commercial debt, paving the way for the IMF to move forward with a lending program, sources familiar with the matter said on Thursday. Chad had received support for a restructuring from its official creditors in June https://clubdeparis.org/en/communications/communique-presse/4th-meeting-of-the-creditor-committee-for-chad-under-the-common but until now had not been given a so-called letters of assurance on entering negotiations in good faith by mining group Glencore and other private lenders. The restructuring of Chad's total debt, which the International Monetary Fund has described as unsustainable, is a prerequisite for the Central African country to benefit from further financial support.