Glencore raises earnings forecast amid boost from trading business

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The group has raised its earnings forecast for its year to end-December to the upper end of its previous guidance of $2.2bn to $3.2bn

Diversified miner Glencore has raised its earnings forecast for its full year to end-December, citing a strong performance from its marketing division.

The group said on Friday it expects earnings before interest, taxation, depreciation and amortisation to be at the upper end of its previous guidance of between $2.2bn and $3.2bn.

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