Aug
06

Glencore’s Poised for Record Profit Despite Horrible Year

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Glencore Plc may have had a nightmarish year so far, but the world’s top commodity trader is still raking in mountains of money.

The company is facing a U.S. corruption probe, got mired in a dispute with its billionaire former partner in the Democratic Republic of Congo and has been caught in the fallout from new U.S. sanctions on Russia — among other issues. Yet despite all the bad news, Glencore is expected to report its most profitable six months ever when the company publishes first-half results Wednesday…

Glencore’s Poised for Record Profit Despite Horrible Year

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