Glencore's weary shareholders might welcome CEO's retirement

  The Guardian 

Image source :
Company’s shares are low rated and its legal and regulatory headaches are greater than ever Congratulations if, in the spring of 2011, you took one look at the big £38bn stock flotation of the year and concluded the company was un-investable. Glencore has never traded above its float price of 530p. The Swiss-based mining and trading company stands at 217p after Thursday’s 9% fall, which was prompted by news ofan investigation by the Serious Fraud Office into suspicions of bribery. Broker Jefferies politely called the SFO’s probe “a new overhang on Glencore shares”. The existing overhangs are inquiries by the US Department for Justice and the US Commodity Futures Trading Commission into activities in the Democratic Republic of the Congo, Venezuela and Nigeria. That’s quite a collection of serious regulatory bodies taking a look. Continue reading...

The Room Where It Happened : A White House Memoir Hardcover – 23 Jun. 2020 by John Bolton (Author). As President Trump’s National Security Advisor, John Bolton spent many of his 453 days in the room where it happened, and the facts speak for themselves. The result is a White House memoir that is the most comprehensive and substantial account of the Trump Administration, and one of the few to date by a top-level official...
Buy now : £19.99 , FREE Delivery .

(As an Amazon Associate I earn from qualifying purchases.)

 ▼ Related news : 
Glencore trading arm expects bumper results on back of oil turmoil
The Financial Times  
Petropavlovsk shareholders advised to back Prosperity in stand-off
The Financial Times  
Wizz Air shareholders vote down executive pay
City A.M  
Vodafone shareholders will miss out from Frankfurt float
Mail Online  
Coronavirus warning: 'Millions to lose jobs' in second lockdown warns UK Hospitality CEO
Daily Express  
Amid 22% Jump In Sales, Clorox Names Female CEO  
5 Questions With Murano Tips Founder & CEO Luca Vincenzini  
My Experience As A CEO In Extreme Times  
Recent News !
  Scheme aimed at helping companies grow
  The Currys PC World owner said it was "not an easy decision" but it must respond to rising online sales.
  A post-Covid return to the workplace comes with a lot of uncertainties
  Schlumberger, Halliburton and Baker Hughes shift focus overseas as domestic revenues dry up
  RETAILER Dixons Carphone plans to slash around 800 jobs as it changes the way its stores are managed to focus on customer service. The company, which owns Currys PC...
  Currys PC World-owner Dixons Carphone has said it will cut 800 jobs as part of an overhaul of its store management structure.
  Social media giant accused of misusing personal information to deliver tailored advertising
  From a generation of public transport users, I succumb to the lure of private transport
  WITH the coronavirus pandemic affecting pensioners disproportionately, concerns have been raised about the sufficiency of the state...
  ISA RATES have decreased in recent months in what will be another blow to the nation's savers. Recent analysis has also found that...
  The DVLA reported a 4.6% decline in enforcement action against keepers of untaxed vehicles in 2019 - but some locations are still much worse than others.
  RESTAURANTS and cafes including Morrisons and Beefeater are offering extra discounts on top of the government’s Eat Out to ...
  Seoul’s efforts to reduce country’s reliance on Japanese technology is blow for globalisation
  Move follows €20m fine last year for bank over alleged market manipulation
  A COSTA Coffee fan has revealed how he got £100 worth of free food and drinks from the cafe chain thanks to a refer a friend...
  High Street chain the latest to look to restructure and refinance as virus deals extra blow to trade.
  Motoring group’s shares rise after it says it has received three takeover approaches The AA could be taken back into private equity ownership, as the...
  Scandal-hit interbank lending rates need reform starting with greater accountability
  Remittances have increased since start of pandemic, helped by US welfare
  If head lice is something you've tried to tackle without success, you may want to give this mum's cheap and cheerful solution a go
  Manufacturing data follows European trends as restrictions on economies ease
  Offices specialist IWG today said it expects Londoners increasingly to work in the suburbs as it took a £156 million hit from shutting sites across the globe due to...
  Buenos Aires will accelerate some debt payments to sweeten deal with foreign creditors
  Italian chain to close 67 restaurants as it takes action to tackle debt
About - Privacy & Terms -
Copyright © 2015 - Hosted on Linode