Greek billionaire who is now facility’s majority investor clashes with Trafigura over terms of crude supply deal
CEO Richard Holtum says minerals processing industry should be considered ‘a national security issue’
Mike Wainwright found guilty by Swiss court of paying more than €5mn in bribes to secure oil trading contracts in Angola
Commodities trading house knocked by repeated failures of risk controls that have taken financial and reputational toll
Results follow reduction in volatility caused by outbreak of Ukraine war and losses incurred from fraud at Mongolian unit
The company argues that the case was based on flimsy and unreliable testimony
Michael Wainwright accused of being ‘linchpin’ of scheme to bribe Angolan official
Prosecutors allege commodity trader paid more than €5mn in bribes via third parties to Angolan government official
Commodity trader had robust compliance checks, Pierre Lorinet tells Swiss court in bribery trial
Mike Wainwright takes stand in bribery trial
Company is first commodity trader to face trial for corruption in Switzerland
US corruption charges against one of India’s richest men sent shares in his businesses reeling
Unsealed indictment alleges the company’s late founder, Claude Dauphin, masterminded the scheme
Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraud
Trading house appoints 39-year-old former British soldier who has risen rapidly within the business
Trading house to announce as early as next week that head of gas, power and renewables will succeed Jeremy Weir
US officials encouraged state miner Gécamines to review sale to a subsidiary of Chinese defence company Norinco
Commodities trading house was accused of manipulating a fuel oil benchmark and possessing ‘improperly obtained’ inside information
Tipping point for commodity investment is more likely to be perceived structural inflation, especially in the US
Drop follows period of record earnings for biggest commodity traders after Ukraine war disrupted energy sector
The 59-year-old Australian has diversified the commodities house but has had to deal with a legacy of misconduct
Executives at Vitol, Trafigura and Mercuria say banks and export credit agencies have never been so keen to lend to them
Christophe Salmon and Jose Maria Larocca will retire in latest overhaul at commodities trading house
US prosecutors say trading house paid Brazilian officials to keep its business with state oil group
Gas and power trading has overtaken oil as the biggest source of profits in the sector, report finds
