profits

Soaring fossil fuel prices allow Glencore to reap massive profits

Soaring fossil fuel prices allow Glencore to reap massive profits

Glencore, the Swiss commodity trading giant, will pay an additional $4.5 billion to its shareholders after seeing its profits explode in the first half of the year in the face of soaring oil, gas and coal prices. For the first half of the year, its net profit attributable to shareholders increased ninefold, jumping to nearly …

Soaring fossil fuel prices allow Glencore to reap massive profits Read More »

Panasonic: profits down in Q1 but forecasts unchanged

Panasonic: profits down in Q1 but forecasts unchanged

The heads of diplomacy of the United States and Russia met on Friday for the first time since the start of the war in Ukraine. Secretary of State Antony Blinken described a “frank” discussion in particular about Americans detained by Moscow. Mr Blinken announced on Wednesday that he planned to contact his Russian counterpart Sergei …

Panasonic: profits down in Q1 but forecasts unchanged Read More »