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(Bloomberg) — Trafigura Group is facing sizable losses related to its oil activities in Mongolia, according to people familiar with the matter, in a fresh blow for the company that has risen to become ...
Share buybacks are the main way that Trafigura rewards the roughly 1,400 employees that own the company, and have been a conduit for vast riches in recent years. The deferrals mean its current ...
(Bloomberg) — Trafigura Group reported a sharp drop in profit as it took $1.1 billion in losses related to alleged employee misconduct in its Mongolian oil business. The Mongolia losses mean Jeremy ...
Trafigura said that its traded volume of bulk minerals dropped 21% from a year earlier as it decided “to focus on higher-value business.” Non-ferrous metals volumes dropped 4.8%, while oil and ...
One of the world's biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans to protect ...
Taxpayers look likely to be hit for hundreds of millions of dollars to prop up two smelters — which happen to be owned by one of the world's most scandal-plagued multinationals.
BELLINZONA, Switzerland (Reuters) -Switzerland's top criminal court convicted trading house Trafigura and a former senior executive of corruption on Friday in an unprecedented case over payments made ...
Commodity trader Trafigura has deferred about 30% of the buybacks that were scheduled for this year amid a fresh wave of senior executive departures, Bloomberg News reported on Friday, citing ...
(Reuters) -Richard Holtum will take over as chief executive of global trading house Trafigura from Jan. 1 next year, the company said on Tuesday. Holtum will take over the helm at a time when trading ...
A letter sent by Trafigura to Prateek Gupta's company warning it not to raise suspicions at financing bank Citi about nickel cargoes provides evidence that the commodity trader was aware of fraud ...
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