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Glencore-Xstrata merger wins strong backing
glencore

Glencore-Xstrata merger wins strong backing

Shareholders of the Swiss commodities giant Glencore and Swiss mining group Xstrata on Tuesday overwhelmingly approved a merger of the two companies to create a goliath capable of out-muscling nearly everyone in their field.
Glencore warns of gloomy outlook
glencore

Glencore warns of gloomy outlook

Swiss commodities giant Glencore says its performance in the third quarter was good, but cautioned that there is no sign that global conditions for its business would improve soon.