British firms linked to severe human rights abuses

Hundreds of British firms operating abroad may be implicated in severe human rights abuses such as modern slavery, poverty-level wages, beatings, killings and environmental damage, an international NGO warns.

The NGO probed one such British firm, Glencore, regarding its conduct … Read the rest

Glencore accused of funding Colombian terrorist group

Glencore, the largest mining company listed on the JSE and headed by South African Ivan Glasenberg, has been accused in a new 245-page report of mining and exporting “blood coal” from Colombia.

The report, “The Dark Side of Coal”,  published … Read the rest

Glencore and Xstrata agree $90 billion merger

(Reuters) – Glencore and Xstrata agreed an all-share merger worth $90 billion (56 billion pounds) on Tuesday in the industry’s largest ever deal, creating a commodities powerhouse spanning mining, agriculture and trading.

Glencore, the world’s largest diversified commodities trading house, … Read the rest