You are here

Glencore H1 hit by commodities woes, impairment

Zurich

SWISS mining giant Glencore on Wednesday reported a first-half loss of US$676 million, a performance hit by what the company called the worst commodities market since the financial crash of 2008-2009.

In the first half of 2014, Glencore recorded profits of US$1.7 billion....

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes