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Glencore

FTSE 100 gains
Markets

FTSE 100 gains

LONDON: London’s FTSE 100 gained on Monday after recording its worst week since February, as heavyweight energy ...
Published 24 Aug, 2021 05:02am
Canada's First Cobalt to issue shares to Glencore to repay $5.5mn debt
Business & Finance

Canada's First Cobalt to issue shares to Glencore to repay $5.5mn debt

  • First Cobalt will issue 23.8 million common shares to Glencore AG at $0.29 per share, representing about 4.8% of the company's current outstanding shares.
  • In 2019, First Cobalt entered into a loan agreement with the miner and commodity trader to fund engineering studies, metallurgical testwork and permitting activities for an expansion of the company's refinery in Ontario, Canada.
Published 26 Mar, 2021 05:32pm
Upbeat earnings lift FTSE 100
Markets

Upbeat earnings lift FTSE 100

LONDON: Positive corporate earnings lifted the FTSE 100 on Wednesday, outweighing concerns about the economic impact...
Published 11 Feb, 2021 04:34am
FTSE 100 flat; miners jump
Markets

FTSE 100 flat; miners jump

LONDON: UK’s blue-chip FTSE 100 was unchanged on Wednesday as a stronger pound offset gains in miners that rose...
Published 21 Jan, 2021 04:23am
UK stocks edge higher as miners, Burberry shine
Markets

UK stocks edge higher as miners, Burberry shine

  • Burberry jumped 3.5% as underlying sales fell 9% in the three months ended December, but the company said it remained confident in the future, buoyed by sales growth of 11% in Asia-Pacific stores.
Published 20 Jan, 2021 03:11pm