Trafigura is facing potential losses of up to $1.1 billion due to alleged fraud by employees tied to overdue debts in Mongolia. This new scandal comes as Trafigura’s profits have dropped 73% ...
LONDON – Trafigura Group is preparing to take a US$1.1 billion (S$1.46 billion) hit after discovering what it suspects was fraud involving employees in its Mongolian oil business. The loss ...
months after saying it intended to block a previous deal to sell the copper and cobalt miner to a Chinese investor. Chemaf — backed by Trafigura Group — spent nine months looking for a buyer ...
In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to ...
DV Trading hired several fuel and natural gas traders in recent months as it expands its proprietary energy-trading business, even as other firms slow hiring in the space amid ebbing volatility.
Trafigura Group is preparing to take a US$1.1 billion hit after discovering what it suspects was fraud involving employees in its Mongolian oil business, according to people familiar with the matter.
Vitol Group, Trafigura Group and BP Plc are the dominant buyers of fuels from Nigeria’s giant new Dangote oil refinery near Lagos that’s reshaping petroleum trading in Africa and Europe.
upon the execution and delivery of the option agreement, $15,000 (paid) and 60,000 common shares in the capital of the ...
Traders refer to the price of physical copper as the spot price. Because these transactions are for immediate delivery, they’re settled on the spot. Copper spot prices are typically quoted in ...
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2-Year U.S. Treasury Note Continuous Contract $102.703 0.105 0.10% 5-Year U.S. Treasury Note Continuous Contract $106.664 0.164 0.15% 10-Year U.S. Treasury Note Continuous Contract $109.609 0.188 ...