Glencore ready to pay out, snap up assets after profit rebound

23 February 2017, London — Commodities trader and miner Glencore reported an 18 percent rise in 2016 profit on Thursday, buoyed by a rebound in raw material prices, and said it was well-placed financially for small acquisitions or a special dividend payout. Analysts said the results beat expectations, driving the share price 2.7 percent higher […] More »