Diversified miner and commodity trader Glencore says the extreme volatility in markets as a result of the war in Ukraine has boosted its marketing business, which should comfortably exceed profit guidance of up to $3.2bn for its full-year.
Glencore is one of the world’s largest traders of physical commodities, and that sets it apart from many of its peers, which rely mostly on physical production...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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