Latest News for: Swiss commodity trading


Meet Kyril Louis-Dreyfus, 23 – English football's youngest chairman

The Guardian 20 Feb 2021
Heir to Swiss commodity trading empire takes helm at Sunderland pledging to match the fans’ passion Meet ...

Crude Oil Prices Post Modest Gains

Jacksonville Free Press 29 Jan 2021
Energy Information Administration showing a large drain on commercial crude oil inventories sent crude oil prices higher in trading this week ... Giovanni Staunovo, a commodities analyst at Swiss investment bank UBS, explained the draw on crude oil inventories in general was reflective of a decline in U.S.

Switzerland's irresponsible reign on the sea

Swissinfo 27 Jan 2021
Given Switzerland is one of the most important financial centres and the world’s largest commodity trading market as well as an important insurance (Swiss Re, Zürich) and logistics hub (Kühne+Nagel, ...

British stocks down 1.30 pct Wednesday 27 Jan 2021
LONDON, Jan ... Glencore, an Anglo-Swiss multinational commodity trading and mining company, dropped 6.75 percent ... Enditem .

Stock markets in Asia struggle, most indices fall

Beijing News 18 Dec 2020
China's Shanghai Composite, and the Hang Seng in Hong Kong were also in the red, as trading continued late in the day ... dollar remained friendless throughout the Asian trading zone. The euro was well bid at 1.2254, while the Japanese yen consolidated its recent run higher, to last trade at 103.34.

Major Australian firms pay more in political donations than taxes

Russia Today 12 Dec 2020
Some of Australia’s largest corporations paid tax of 10 percent or less of their profit in 2018-2019, but made political contributions that are much more substantial ... At the same time, Glencore Holdings, a subsidiary of Swiss mining and commodity trading group, paid $11 million in tax on its $110 million in profit – a rate of 10 percent ... .

Vitol ‘An MBA in Corruption’

Petroleum World 08 Dec 2020
... to a separate order from the Commodity Futures Trading Commission ... Vitol’s deferred prosecution agreement “vividly illustrates the all too real corruption risks posed by commodity trading,” said Anne Fishman, a commodities expert at Swiss NGO Public Eye.

Chinese Battery Maker GEM Locks In Extended Cobalt Supply

Caixin Online 03 Dec 2020
(Bloomberg) — Glencore Plc, the world’s biggest supplier of cobalt, extended its supply agreement with Shenzhen-based battery maker GEM Co ... Glencore agreed to sell GEM 150,000 tons of cobalt between 2020 and 2029, replacing a previous agreement to sell about 60,000 tons through 2024, the Anglo-Swiss commodities trading company said Thursday ... .

Swiss vote on making firms liable for rights abuse

BBC News 28 Nov 2020
Companies such as Nestlé, Syngenta, Glencore or Novartis source products all over the world and Switzerland is a world centre for commodity trading. A third of all commodities consumed worldwide are traded by companies based in Switzerland ... Switzerland's role in global commodities trade ... Swiss Foreign Affairs Department.

Russia’s Gazprombank debuts Bitcoin trading in Switzerland

XBT.MONEY 23 Nov 2020
The latest news from Gazprombank Switzerland comes shortly after the bank scored approval from the Swiss Financial ... In September 2020, Sberbank — the country’s largest state-run bank — joined a blockchain-based platform for commodity trade finance through its Swiss subsidiary.

Earth Talk: How widespread are problems caused by the emerald ash borer?

Auburnpub dot com 22 Nov 2020
Holcim, a Swiss building material company established in 1912, first expanded to France ... Xstrata, a Swiss multinational company that was said to be the largest exporter of thermal coal, was fully taken over by Glencore, a British-Swiss commodity trading and mining company in 2013.
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