3 days ago
Glencore Shakes Up Trading Team With Head of Coal to Exit
The head of Glencore Plc 's huge coal-trading operation is leaving in the biggest shake-up of the company's trading unit in years.
The news comes after Glencore, an historic name in commodity trading that traces its history back to the industry's godfather Marc Rich, disappointed investors with weak results for the first half of the year and is facing internal and external pressure to revive its moribund share price.