Latest News for: Swiss commodity


Swiss Glencore’s carbon plan faces Australian farmer opposition

Amwal Al Ghad 13 May 2024
Swiss commodities giant Glencore is seeking approval ...

Glencore after carbon capture approval in Australia but farmers are furious

Business Day 13 May 2024
Swiss commodities giant Glencore is planning a three-year, A$210m ($135m) pilot project that would pump 330,000 tonnes of CO2 from a coal-fired power plant in the northeastern state into an aquifer 2.3km underground ... Consequences ... Reuters .

Shell to sell Singapore refinery and petchem assets

Business Day 08 May 2024
SingaporeShell said on Wednesday it had agreed to sell its refinery and petrochemical assets in Singapore, Asia’s main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and commodities trader Glencore.

First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’

CryptoNewsZ 06 May 2024
Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds ... Using blockchain technology, Obligate, a Swiss financial intermediary, enables ...

Glencore’s ferrochrome output dips as it idles Rustenburg smelter

Independent online (SA) 02 May 2024
Glencore’s ferrochrome production dipped in the first quarter ended March 2024 as the Swiss multinational commodity trading group continued to idle its South African smelter, while its thermal coal production also remained largely flat.

Wall Street sees out April with substantial losses

Beijing News 30 Apr 2024
U.S ... S&P 500 (^GSPC) ... The Swiss franc fell to 0.9193 Tuesday, experiencing a downward movement of of 0.99 percent ... The euro, the yen, the Swiss franc, the pound, and commodity-linked currencies all experienced major downward pressure against the dollar.

Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

Oil Price 24 Apr 2024
... of additional copper demand by 2035, Swiss multinational commodity trading company Trafigura has predicted.

UAE: Gold prices fall nearly Dh3 per gram in early trade in Dubai

Khaleejtimes 22 Apr 2024
... and supportive of structurally higher gold prices, considering ongoing geopolitical tensions and a desire to be less dependent on the US dollar,” said commodity analysts at Swiss bank Julius Bar.

European court ruling puts cautious Swiss in climate bind

GDN Online 12 Apr 2024
Swiss-based commodity trading companies handle 40% of all oil trades and 60% of the metal trading business, according to data published by industry association Suissenégoce. The group of Swiss ...

Ruis to Purchase CFAC Property for Residential, Commercial Development

Flathead Beacon 04 Apr 2024
“This area has the potential the city needs for affordable housing and growth,” Ruis stated in a press release distributed by CFAC, which is owned by the Swiss commodities firm Glencore, Ltd ... Stay Connected with the Daily Roundup ... Email ... Courtesy photo.

Trafigura Pleads Guilty and Will Pay $126M to Settle Brazilian Bribery Case

The Maritime Executive 30 Mar 2024
At the beginning of March, Swiss-based international commodities trading company Gunvor agreed to pay more than $661 million as part of a settlement and guilty plea related to allegations of bribery ...

The Morning Risk Report

Wall Street Journal 29 Mar 2024
Plus, Swiss commodities trader Trafigura will pay $127 ...