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Top Glencore Shareholders Favor Keeping Coal Over Spinoff

(Bloomberg) -- Several of Glencore Plc’s largest shareholders believe that the company should retain its coal assets, according to people familiar with the matter, throwing a proposed spinoff into doubt.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveElliott Built ‘Lar...
New York United States Gary Nagle Ivan Glasenberg Bloomberg Businessweek Teck Resources Ltd
Source: yahoo.com

Succession Drama Grips Commodity Trading's Billionaire Factories

(Bloomberg) -- Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of heightened scrutiny for the industry.Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyMark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020Iran Tells US to Step...
Bloomberg Businessweek Madam Perkins Steve Hill Alfred Cang Brian Sikes Gary Nagle
Source: yahoo.com

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