Tag Archives: Commodities

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC

Glencore: incidents and fatalities not linked to Kamoto Copper Company operations or activities in Kolwezi, DRC

(PRESS RELEASE) BAAR, 28-Jun-2019 — /EuropaWire/ — Glencore‘s subsidiary Kamoto Copper Company (KCC) is not connected to the incidents and the fatalities of illegal artisanal miners across its industrial mining concessions in the Kolwezi area, Democratic Republic of the Congo. … Read the full press release

Glencore will cooperate with the United States Commodity Futures Trading Commission on their investigation

(PRESS RELEASE) BAAR, 26-Apr-2019 — /EuropaWire/ — Glencore has announced it has been notified by the United States Commodity Futures Trading Commission (“CFTC”) about an investigation they are going to carry out in regard to possible violation of certain provisions … Read the full press release

Henkel reports 2018 preliminary sales of 19.9 billion euro

Implementation of Henkel 2020+ well under way Preliminary results 2018: Good performance despite significant headwinds Stepping up investments in brands and innovations to capture growth opportunities in consumer businesses and accelerate digital transformation Outlook for fiscal 2019 reflecting increased growth … Read the full press release

Mandatum Life to launch new online trading service based on Saxo Bank’s investment and trading technology

Mandatum Life will launch a new online trading service based on the Saxo Bank Group’s (Saxo Bank) state of the art investment and trading technology in the first half of 2019. COPENHAGEN, 26-Oct-2018 — /EuropaWire/ — The service opens up … Read the full press release

Major companies form new venture to digitalise the trade and commodities finance sector through blockchain

Fifteen of the world’s largest institutions, including banks, trading companies, an inspection company1 and an energy major have formed a new venture known as komgo SA, that will seek to digitalise the trade and commodities finance sector through a blockchain based open … Read the full press release

Glencore: Glencore-QIA Consortium’s 14.16% stake in Rosneft sold to QIA; Consortium arrangements terminated

BASEL, 12-Sep-2018 — /EuropaWire/ — Glencore refers to the announcement on 4 May 2018 concerning the Consortium’s agreement to sell a 14.16% stake in Rosneft to a wholly owned subsidiary of QIA. This transaction has now completed. As a result of … Read the full press release

RWE Supply & Trading opens its first Chinese trading office in Beijing

New trading office to reinforce trading and grow customer base German Chamber of Commerce in China: “Good sign for the long-lasting and profound collaboration between Germany and China” ESSEN, 16-Aug-2018 — /EuropaWire/ — Opening up to new countries and new … Read the full press release

Glencore-QIA Consortium: proposed sale of stake in Rosneft to CEFC China Energy Company Limited will no longer proceed

BAAR, 07-May-2018 — /EuropaWire/ — Glencore refers to the announcement on 16 October 2017 concerning the Consortium’s agreement to sell to CEFC China Energy Company Limited a 14.16% stake in Rosneft. The Consortium has today sent a notice to CEFC to … Read the full press release

The volume of supply spot trading of oil products for the current 6 months on Ukrainian Energy Exchange amounted to $US 88.6 million

KYIV, 01-Jul-2016 — /EuropaWire/ — For the 6 months of holding spot electronic trading on the electronic trading platform of the Ukrainian Energy Exchange Public company PJSC “Ukrgasvydobuvannya” has managed to significantly increase the level of competition on its resource … Read the full press release

Rosneft to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division

Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release

LCH.Clearnet reports cleared freight volumes reach record levels on commodities demand from China

Cleared commodities freight volumes reach record levels since the peak in 2008 Paris, France, 18-10-2013 — /EuropaWire/ — LCH.Clearnet Limited (LCH.Clearnet) announced that cleared freight volumes more than doubled* in September from a year earlier as traders increased their hedged positions to … Read the full press release

Credit Suisse: commodity market increased in July 2013 supported by positive macroeconomic data

Commodities were higher in July as fundamentals improved for some commodities, supported by positive macroeconomic data. 19-8-2013 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “Based on the July Purchasing Managers Index reports, … Read the full press release

Glencore Xstrata plc announced it signed USD 17,340 million Revolving Credit Facilities

Baar, Switzerland,  5-7-2013 — /europawire.eu/ — Glencore Xstrata plc (“Glencore”) is pleased to announce the signing of revolving credit facilities (the “Facilities”) for a total amount of USD 17,340 million. The Facilities are for general corporate purposes and replace the previous … Read the full press release

Saxo Bank launched Trade Navigator on TradingFloor.com

30-5-2013 — /europawire.eu/ — Saxo Bank, the multi-asset online trading and investment specialist, has launched Trade Navigator on TradingFloor.com, a new trading tool that provides daily technical insight into around 200 instruments. By amalgamating several known and widely used technical indicators … Read the full press release