Glencore has maintained caution with respect to near-term business plans as the trader-miner braces itself for the appointment of a new (and young) management team. While the group is simultaneously working hard to beef up its green credentials, a series of regulatory investigations (including the recent SFO probe) and sustained macro headwinds could continue to dampen near-term sentiment.
12 Dec 2019
Much-needed caution (and green focus) amid regulatory uncertainties
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Much-needed caution (and green focus) amid regulatory uncertainties
Glencore plc (GLEN:LON) | 468 -25.8 (-1.2%) | Mkt Cap: 57,124m
- Published:
12 Dec 2019 -
Author:
Varun Sikka -
Pages:
3
Glencore has maintained caution with respect to near-term business plans as the trader-miner braces itself for the appointment of a new (and young) management team. While the group is simultaneously working hard to beef up its green credentials, a series of regulatory investigations (including the recent SFO probe) and sustained macro headwinds could continue to dampen near-term sentiment.