Australia’s biggest coal exporter says more than two-thirds of its shareholders want the company to hold on to its coal mines.

Glencore has scrapped plans to spin off its coal business, with an unlikely coalition of investors and activists all opposed to the plan.

Glencore has abandoned plans to spin off its coal unit just nine months after saying it would exit the profitable but polluting business, following...

Merafe Resources CEO, Zanele Matlala, said the company and its South African joint venture partner, Glencore, were looking at ways to mitigate power...

The shareholders of Bermudian-domiciled Hafnia Ltd, the tanker-owning company, are to meet next month to vote on the company's proposed...

Zenith Bank Plc, Nigeria’s largest bank by profit, is offering a hybrid rights and public offer at a significant discount, locking in a 32%...

Image: Small Smiles_dimple/stock.adobe.comGlencore shareholders have voted for the major miner to retain its coal and carbon steel materials business,...

Fitch Ratings has downgraded Dangote Industries Ltd.’s credit rating from ‘AA(nga)’ to ‘B+(nga)’. The rating agency also dropped the senior...

Frants Preis INVESTING in shares can be daunting, especially for those who are new to it. With an array of companies, industries and market conditions...

WorldStage Newsonline– Zenith Bank Plc has reassured its shareholders that its existing shareholding will remain unchanged during the bank’s...