Glencore sets aside £1bn to settle corruption and bribery probes
The mining and commodities trading titan said it is likely to resolve probes in the UK, US and Brazil this year - and expects heavy fines.
Source: dailymail.co.uk
Stay updated with breaking news from Ivan Glasenberg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The mining and commodities trading titan said it is likely to resolve probes in the UK, US and Brazil this year - and expects heavy fines.
The success of miner and commodity trader Glencore has long been based on its sense of adventure and its willingness to invest in difficult territories.
'The company is seeking to draw a line under its past,' Nagle said.
Commodities group to return $4 billion to shareholders after record profits.
Commodities group to return $4 billion to shareholders after record profits.