Miner Glencore to give $2bn to shareholders despite profit slump
FTSE 100 company reports 6% fall in annual profits weeks after collapse of $260bn merger with Rio TintoGlencore is to give $2bn (£1.47bn) to shareholders after a turbulent year in which profits slumped and talks collapsed over a blockbuster $260bn merger with the fellow mining company Rio...
<p>FTSE 100 company reports 6% fall in annual profits weeks after collapse of $260bn merger with Rio Tinto</p><p>Glencore is to give $2bn (£1.47bn) to shareholders after a turbulent year in which profits slumped and talks collapsed over a blockbuster $260bn merger with the fellow mining company Rio Tinto.</p><p>The FTSE 100 firm announced the payout on Wednesday despite reporting that annual profits slipped 6% on the previous year to $13.5bn.</p> <a href="https://www.theguardian.com/business/2026/feb/18/miner-glencore-shareholders-profit-slump">Continue reading...</a>
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