London close: Stocks rise as investors digest US jobs data
6th Dec 2023 15:15
(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read moreLondon close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Read moreLondon close: Stocks turn higher on cooler US inflation report
14th Nov 2023 16:18
(Sharecast News) - London's stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.
Read moreGlencore buys $6.9bn stake in Teck's Elk Valley Resources
14th Nov 2023 07:40
(Sharecast News) - Mining and commodities giant Glencore is spending $6.9bn to buy a 77% stake in Teck Resources' steelmaking coal business in Canada's Rocky Mountains, Elk Valley Resources (EVR).
Read moreGlencore cuts nickel, ferrochrome guidance for 2023
30th Oct 2023 07:47
(Sharecast News) - Commodities miner and trader Glencore has lowered its guidance for nickel and ferrochrome output for the full year after steep drops in production over the first nine months of 2023.
Read moreLondon close: Stocks mixed at start of busy week
23rd Oct 2023 19:21
(Sharecast News) - London's stock markets finished with a varied performance on Monday, driven by concerns over rising UK bond yields and global interest rate trends.
Read moreGlencore to to shut Mount Isa copper mines by 2025 - report
17th Oct 2023 13:37
(Sharecast News) - Glencore is reportedly is set to close its copper mining operations in Mount Isa by the end of 2025, resulting in the loss of about 1,000 jobs, but will keep its refinery and smelters open in North Queensland.
Read moreLondon open: Miners lead stocks lower despite positive UK GDP
11th Aug 2023 08:18
(Sharecast News) - UK stocks slipped lower on Friday, reversing gains made the previous session, as investors continue to digest a barrage of mixed economic data this week.
Read moreFTSE 100 movers: Commodity stocks rise, Hiscox sinks
9th Aug 2023 16:16
(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.
Read moreGlencore profits halve on weaker commodity prices
8th Aug 2023 07:19
(Sharecast News) - Mining giant Glencore saw earnings halve in the first six months of the year on weaker commodity prices, which had surged in response to Russia's unprovoked invasion of Ukraine last year.
Read moreGlencore maintains production guidance after mixed first half
21st Jul 2023 07:03
(Sharecast News) - Mining giant Glencore reported a mixed performance across metals and commodities in a first-half production update on Friday, with both positive and negative trends impacting production figures.
Read moreBunge and Viterra to join forces in $8bn deal
13th Jun 2023 13:41
(Sharecast News) - US grains merchant Bunge is to join forces with rival Viterra in a $8.2bn merger, it was announced on Tuesday.
Read moreGlencore makes offer for Teck coal business
12th Jun 2023 07:14
(Sharecast News) - Glencore on Monday said it had offered to buy Teck Resources' steelmaking coal business as a standalone unit.
Read moreGlencore expects Teck's withdrawal of separation proposal to unlock value
27th Apr 2023 08:01
(Sharecast News) - Mining company Glencore applauded Canadian miner Teck's decision to withdraw its separation proposal on Thursday, stating that "a simple and direct approach to separation" would provide a better path to unlocking value for shareholders.
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