|Bid||365.00 x 1586300|
|Ask||378.50 x 294500|
|Day's Range||372.90 - 379.50|
|52 Week Range||270.00 - 416.90|
|PE Ratio (TTM)||9.45|
|Earnings Date||Feb 21, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||0.14 (4.17%)|
|1y Target Est||6.43|
By Danilo Masoni and Kit Rees MILAN/LONDON (Reuters) - The UK's top share index rose on Thursday as surging crude oil prices boosted commodity stocks and Shire's shares jumped as bid talk heated up. The ...
Investors pursuing a solid, dependable stock investment can often be led to Glencore Plc (LSE:GLEN), a large-cap worth UK£49.68B. Big corporations are much sought after by risk-averse investors who findRead More...
Major Japanese trading houses have asked Russia's United Company Rusal to stop shipping refined aluminium and other products in light of U.S. sanctions on the world's No.2 producer and are scrambling to secure metal elsewhere, industry sources said. The United States imposed major sanctions on April 6 against seven Russian oligarchs and 12 companies they own or control, saying they were profiting from a Russian state engaged in "malign activities" around the world. This included Oleg Deripaska, his Hong Kong-listed company Rusal and his new holding company En+ Group (ENPLq.L).
Glencore , the largest producer of cobalt from the Democratic Republic of Congo, has warned that a new focus on sourcing cobalt from small-scale miners in the resource-rich country increases the risks ...
The launch of the yuan-priced crude futures was quite successful, but the new contract is facing a number of structural and geopolitical threats
The International Monetary Fund said it was resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principal to restructure its more than $1 billion debt to Glencore and four banks. Glencore and the banks lent Chad's state oil firm about $1.45 billion in 2014 to be repaid with crude oil cargoes but global oil prices crashed shortly thereafter. The debt has eaten up nearly all of Chad's oil profits -- its main source of revenue -- prompting tense negotiations that began last year about restructuring.
Aluminum prices gave up some of their recent sharp increases as investors sought to take advantage of the loss of 13% of global supply.
(Adds company news items, futures) April 12 (Reuters) - Britain's FTSE 100 index is seen opening 18 points lower at 7,239 on Thursday, according to financial bookmakers, with futures down 0.15 percent ...
The price of aluminium hit its highest level since 2012 Thursday, putting it on track for its biggest weekly gain on record, after the US sanctioned Russian producer Rusal. The price off the metal has ...
LONDON/MELBOURNE (Reuters) - Dominant aluminium producer China may help fill a gap in global supply after the United States slapped sanctions on Russia's aluminium giant Rusal. International prices, which have shot up more than 10 percent since the sanctions were announced, will have to rise further to lure exports from China, whose metal faces a range of tariffs and duties. "China is the only place with surplus material, so that's where we need to incentivise that excess supply to be shipped to the U.S.," said Robin Bhar, head of metals research at Societe Generale in London.
Swiss-based trading and mining giant Glencore (GLEN.L) will declare force majeure on some aluminium supply, days after the United States sanctioned major supplier Rusal and its boss, metals magnate Oleg Deripaska, a source familiar with the matter said. Glencore is a Rusal shareholder and one of its biggest customers. Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday.
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Businesses controlled by Russian metals tycoon Oleg Deripaska are scrambling to find ways to keep trading after they were added to a U.S. sanctions blacklist. The sanctions - imposed by Washington in response to what it called "malign activities" by Russia - will in effect choke off access for Deripaska's businesses to the international financial system, forcing them to make major re-adjustments. Among individuals and entities named on Friday's sanctions list was Deripaska and a number of his companies, including Rusal and En+ Group, which manages his assets and owns his 48 percent stake in Rusal.
Miner and commodity trader Glencore has invoked a clause that exempts it from fulfilling on some of its aluminium supply contracts, just days after the US slapped swingeing sanctions on Russian producer ...
New U.S. sanctions are causing economic pain for Moscow, but have also ensnarled a handful of Western firms with deep roots in Russia.
Rusal's dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminium giant on Tuesday, in the latest aftershocks from U.S. sanctions. The sanctions imposed on Rusal and its boss, metals magnate Oleg Deripaska, mark the first time a major international company has been targeted by Washington in its moves to punish Russia for alleged meddling in the 2016 U.S. election. While Russian markets, including the rouble, fell across the board on Monday, Rusal assets were hardest hit, with its Hong Kong-listed shares halving in value and the company warning it risked tipping into technical default.
Rusal's dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminum giant on Tuesday, in the latest aftershocks from U.S. sanctions. The sanctions imposed on Rusal and its boss, metals magnate Oleg Deripaska, mark the first time a major international company has been targeted by Washington in its moves to punish Russia for alleged meddling in the 2016 U.S. election. While Russian markets, including the rouble, fell across the board on Monday, Rusal assets were hardest hit, with its Hong Kong-listed shares halving in value and the company warning it risked tipping into technical default.
Chilean miner Collahuasi said on Tuesday it expected to slash production costs to under $1 per pound of copper this year as it boosts output and uses efficiency measures to optimize operations. Collahuasi, owned by Anglo American Plc and Glencore Plc, is a copper mine located in northern Chile and is among the world´s largest.
* Financial shock is a potential problem for Putin (Updates after Putin-Medvedev meeting, adds c. MOSCOW, April 10 (Reuters) - The Russian government pledged to minimise the fallout from U.S. sanctions on Tuesday and dismissed steep falls in the rouble and financial markets as short-term volatility, saying Russia needed time to adjust to the new curbs.
The ruble plunged for the second day in a row on Tuesday following fresh U.S. sanctions against Russia. The Russian currency hit lows against the dollar and euro last seen in 2016, while the government ...
The message from the Treasury is that no oligarch can escape economic punishment for involvement in the Russia's alleged transgressions.
Glencore chief executive Ivan Glasenberg has stepped down from the board of Rusal , the Russian aluminium producer plunged into crisis by sweeping US sanctions, as the impact of the economic broadside ...
As Matthew Chamberlain prepared to return from an annual copper conference in Chile on Tuesday, the youngest chief executive of the London Metal Exchange faced a dilemma. The US government’s decision to ...
Apr.10 -- Bloomberg's Will Kennedy discusses the cancellation of a Glencore-Rusal share swap. He speaks with Bloomberg's Mark Barton on "Bloomberg Surveillance." (Corrects the board affiliation of Peter Grauer, the chairman of Bloomberg LP, who stepped down as a senior independent non-executive director at Glencore.)