Latest News for: Swiss commodity


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 ...

Swiss Commodities Trading Company Pleads Guilty to Foreign Bribery Scheme (US Department of Justice)

Public Technologies 28 Mar 2024
). Trafigura Beheer B.V. (Trafigura), an international commodities trading company with its primary operations in Switzerland, pleaded guilty today and will pay over $126 million to resolve an investigation by the U.S ... - Petrobras (Petrobras) ... U.S.

Swiss commodities trading company pleads guilty to foreign bribery scheme (United States Attorney's Office for the Southern District of Florida)

Public Technologies 28 Mar 2024
Swiss commodities trading company pleads guilty to foreign bribery scheme ... (Trafigura), an international commodities trading company with its primary operations in Switzerland, pleaded guilty today and ...

Chocolate makers bet big on Easter as costs soar

Taipei Times 26 Mar 2024
The companies face additional pressure on their profit margins, as their hedges protecting commodity costs expire later this year and next. A Swiss chocolate box is displayed during “Festichoc” ...

Zambia hands over Mopani mine to UAE firm 21 Mar 2024
Since assuming control of Mopani from Glencore, a Swiss multinational commodity trading and mining company, in 2021, Zambia has actively sought a new investor for the assets. This move followed an agreement to pay Glencore 1.5 billion U.S ... Enditem .

Investor urges Glencore to move primary listing to Sydney

The Times/The Sunday Times 13 Mar 2024
Tribeca Investment Partners, an Australian hedge fund, wrote to the board of the Swiss commodities powerhouse this week putting forward a list of proposals designed to help to revive the share price, ...

Canada joins tribes, US on selenium contamination, ending years of resistance

Billings Gazette 12 Mar 2024
Sen ... People are also reading… ... House race ... IJC commissioner ... As Teck shifts away from coal production in favor of copper mining and battery recycling, Swiss commodities giant Glencore is set to purchase Teck's five Elk River Valley mines ... .

Geneva Dry Dialogues: Veson Nautical

Splash24/7 07 Mar 2024
Veson Nautical, one of the 45 sponsors present at Geneva Dry, is ready to bring a treasure trove of data and stats to the Swiss dry bulk event. Helping set the scene for the global commodity shipping ...

Gunvor Pays More Than $700M in U.S. and Switzerland Settling Bribery Cases

The Maritime Executive 05 Mar 2024
Swiss-based international commodities trading company Gunvor, which says it focuses on logistics solutions that safely and efficiently move commodities, has settled a long-running and complex bribery case with U.S. and Swiss regulators.

Oil trader settles bribery claims

Boston Herald 03 Mar 2024
GENEVA — Geneva-based commodities trading firm Gunvor said that it has reached a $661 million settlement with U.S. and Swiss prosecutors after convictions for bribery of foreign officials in connection with the petroleum industry in Ecuador.