The German government is to backstop Siemens Energy with guarantees worth €7.5 billion ($8.1 billion) as part of a deal with other stakeholders to help the troubled energy company fulfil its order book.Deepening problems at the firm's wind turbine unit Siemens Gamesa and a subsequent move...
West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve...
The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business...
TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.
West African cocoa production has been in decline amid poor yields and falling demand. But the Africa Cocoa Exchange aims to return cocoa pricing power to Africa, improve traceability and open up new credit opportunities in a sector that remains largely unsustainable.
The release of Glencore’s half-year financial results disappointed its shareholders. Profits are down across its legendary energy trading arm, even while its metals business records strong revenues. However, its unparalleled access to cheap liquidity should see it through another period of stagnant commodity prices.
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