Glencore, the world's largest commodities trader, is going to lose Steven Blumgart, one of its most senior executives. That marks the first significant departure since the company went public last year, the Financial Times is reporting.
As of 10:06am shares of Glencore are falling by 0.1% to 415.05p.
AB
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
François Bayrou appointed as France's new prime ministerFrançois Bayrou becomes France's new PM after a no-confidence vote ousts Michel Barnier.
-
South Korean won hits 15-year lowAfter Yoon Suk Yeol's failure to declare martial law, South Korean markets are reeling, with the weakest won since 2009. Will this worsen the Korea discount?
