8 hrs ago
Ex-Glencore Oil Trader Fired for Drinking Loses Lawsuit
An ex- Glencore Xstrata Plc trader who was fired for drinking too much lost a wrongful termination lawsuit against the company, with a judge calling the case "ludicrous."
Glasenberg Raises Glencore's Bet on Coal as BHP Pauses: Energy
Ivan Glasenberg, the billionaire running commodities supplier Glencore Xstrata Plc, is investing more in thermal coal than his three closest competitors combined even as investors warn the fuel's outlook is deteriorating.
Record $1 Trillion Cash Haul to Spur Euro Growth: Credit Markets
Companies in Europe have amassed almost $1 trillion through earnings, bond sales and by refinancing credit lines, foreshadowing a potential surge in acquisitions and investment.
London midday: Stocks fall as investors await US data
"Given the recent reliance on US markets for a sense of direction, it's little surprise that the lemmings of Europe appear to have put trading on hold this morning," said Senior Sales Trader Toby Morris from CMC Markets.
The Hartford Courant
Swiss voters reject proposal to limit executives' pay
Swiss voters rejected a proposal on Sunday to cap the salaries of top executives at 12 times that of a company's lowest wage, heeding warnings from industry leaders that the measure could harm the country's economy.
The Chronicle Herald
TAYLOR: Let local firm get crack at Donkin
It is time Glencore Xstrata plc stepped aside and let a Nova Scotia company have a go at developing the Donkin mine project in Cape Breton.
Vitol, Harvest end talks on Gabon oil block
Commodities trader Vitol and Harvest Natural Resources have ended talks over the sale of Harvest's $137 million stake in a Gabon oil licence, the U.S. oil company said this week without giving a reason.
The Chronicle Herald
Donkin mine talks heat up
Morien Resources Corp. of Dartmouth is in talks with Glencore Xstrata plc to acquire the global mining giant's 75 per cent interest in the Donkin coal project in Cape Breton.
The Washington Post
Glencore's Diversity to Attract JSE Investors, Investec Says
Glencore Xstrata Plc, the global metals producer and commodities supplier that started trading in Johannesburg today, will draw strong demand for its stock from South African investors, according to Investec Asset Management.