Anglo American Plc. is cutting 85,000 jobs in the next several years as part of a sweeping restructuring amid a prolonged slump in raw material prices. The plan includes assets sales, layoffs and othe ...More
EJ Insight2015-12-09
The United States has released several disappointing economic data, which, together with dovish comments by Federal Reserve officials, led to a notable weakening of the US dollar in recent days. Commo ...More
EJ Insight2015-10-24
The S&P 500 Index has surged 5 percent in recent trading days, reflecting market relief at the Fed’s decision to delay a rate hike. Since the end of August, the index has swung 160 points in eithe ...More
EJ Insight2015-10-10
Glencore plc (00805.HK) is in talks with a Saudi Arabian sovereign wealth fund, China's state-backed grain trader COFCO and Canadian pension funds to sell a stake in its agricultural assets, Reuters r ...More
EJ Insight2015-10-05
Shares in mining and trading firm Glencore plc (00805.HK) fell almost 30 percent and closed at a record low Monday over concerns it is not doing enough to cut its debt to withstand a prolonged fall in ...More
EJ Insight2015-09-29
Baker & McKenzie has overtaken DLA Piper to become the biggest law firm in the world by revenue, surpassing the US$2.5 billion barrier for the first time, the Financial Times reported Monday. Bake ...More
EJ Insight2014-08-11
Two Japanese trading houses want to unload their holdings in a big Australian coal project amid a shakeup in the sector that is being driven by low commodity prices, high costs and a strong Australian ...More
EJ Insight2014-07-24
Beijing rejected an alliance of the world’s top three shipping groups even after it has been approved by regulators in the United States and the European Union, media reports said Wednesday. The three ...More
EJ Insight2014-06-18
China has offered more than US$1 billion for a gold and copper company in Laos that produces one-third of the tiny Southeast Asian country's exports but the bid has been rejected. PanAust Ltd. said th ...More
EJ Insight2014-05-14
A consortium of state-owned Chinese companies led by China Minmetals Corp., one of the country’s biggest metals miners, announced Monday a deal to buy a giant copper mine in Peru from Glencore Xstrata ...More
EJ Insight2014-04-15
MMG Ltd. (01208.HK), together with Guoxin International Investment Co. Ltd.'s unit and CITIC Metal Co. Ltd., has proposed to acquire Glencore Xstrata's Las Bambas copper project in Peru for US$5.85 bi ...More
EJ Insight2014-04-14
