Swiss Economicblogs.org
Investec Switzerland. In the cutthroat world of commodities trading, there’s no bigger prize than Russia. The country of Vladimir Putin has it all: oil, natural gas, aluminum, nickel, wheat, coal and many other riches. The world’s biggest trading houses have jostled over it for decades. In recent years, Trafigura Group had pushed ahead of arch-rival Glencore Plc in Russian oil trading. Now, Glencore Chief Executive Officer Ivan Glasenberg is reclaiming that territory with...
Read More »Swiss-based Glencore’s Rosneft deal reopens battle for Russian commodities
