Industry & Commerce
by The Guardian (RSS feed) - 1 week ago
City veteran Sir John Bond has suffered the humiliation of being voted off the board of Glencore Xstrata at the £50bn commodity trading giant's annual general meeting in Zug, Switzerland.
Industry & Commerce
by The Guardian (RSS feed) - 1 month ago
One of Britain's biggest companies has made millions of pounds selling goods to Iran, including to a state-owned firm that supplies the regime's nuclear weapons programme.
Financial Markets
2 months ago
Royal Bank of Canada has announced that it has acquired the Athena Energy Group, a market leading natural gas supplier in Quebec. The acquisition expands RBC Capital Markets' existing business, which offers structured pricing for natural gas supply, from Ontario into Quebec.
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Financial Markets
2 months ago
London's financial sector was last night bracing itself for another official investigation into alleged price-fixing following reports that a US regulator is considering launching an inquiry into the City's gold and silver markets.
Financial Markets
2 months ago
Commodity revenues at leading Wall Street firms crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs, JPMorgan and Morgan Stanley.
Financial Markets
5 months ago
Stock markets can go up as well as down, as 2012 has proved. But...
Financial Markets
6 months ago
One of the banks being investigated over the Libor lending rate scandal was behind some of the unusual deals that triggered a separate inquiry into suspected attempts to manipulate the wholesale gas price.
Financial Markets
6 months ago
He's so rich and pays so much tax that every one of his 3,600 neighbours in the picturesque village overlooking Lake Zurich got a 7% tax break, but not everyone in Rüschlikon likes Ivan Glasenberg.
Financial Markets
6 months ago
The whistleblower who first raised the alarm about what he believed to be attempts to manipulate gas prices has been summoned to Brussels to explain to European Union regulators how the market might have been distorted .
Financial Markets
6 months ago
The City watchdog, the Financial Services Authority, is investigating claims by a whistleblower that Britain's £300bn wholesale gas market has been "regularly" manipulated by some of the big power companies, exploiting weaknesses that echo the recent Libor scandal.