Lates News

Glencore announced that it will continue to conduct its primary listing in London and has shelved the possibility of relocating to New York, as the Swiss mining company stated that the move to New York would not bring greater value to its shareholders. Glencore is one of the largest companies in the FTSE 100 index in the UK, and had previously indicated in February that it was considering leaving London to list in New York. If this were to happen, it would damage London's position as one of the main hubs for the global mining industry.