Hints and tips:
Related Special Reports
...At Geneva-based rival Mercuria, global head of trading Magid Shenouda is retiring from the company as it prepares for the arrival of Macquarie’s former head of commodities, Nick O’Kane, who was one of the...
...has no place in commodity trading today....
...Armen Azizian, a senior analyst and sanctions specialist at Vortexa, said the US had recently begun to target individual tankers suspected of carrying Iranian crude, imposing sanctions on two in February...
...Privately held Vitol, which employs about 1,800 people, made a record $15.1bn in net profit in 2022 and about $13bn in 2023, making it one of the most profitable companies in the world on a per capita basis...
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...“Higher commodity prices are good for companies with very strong pricing power,” said Bruno Monteyne, an analyst at Bernstein....
...A deeper pool of specialist investors adds to the list of reasons why a New York ticker makes sense....
...The trader’s revenue fell to $127bn last year from $150bn a year prior, reflecting the drop in commodity prices, the company said....
...However, the company warned that it “does not believe that any of these options are likely to recover any value for the company’s shareholders”....
...The figures reflect the earnings from commodities trading activities across the entire sector, including by independent traders, banks, hedge funds, national energy companies and asset-based businesses such...
...Fuad Mohammed Abubakar, head of the Ghana Cocoa Marketing Company, said he was not worried. “Farmers in Ecuador are producing near-optimal yield levels,” he said....
...WisdomTree had always employed specialists who covered asset classes and products, including fixed income, equities and commodities, as well as models, said Joe Grogan, head of distribution for the Americas...
...cover global consumption trends which are expected to grow approximately 2 per cent year on year, until 2030,” said Paul Hutchinson, chief strategic trading officer at OFI, one of the world’s biggest soft commodity...
...GXO is offering 605p a share in cash, valuing the company’s equity at £762mn....
...he added, at the FT’s Commodities Summit in Lausanne....
...transition is creating new commodities and regulations that are transforming the way companies trade and economies function....
...Then, in February 2022 Russia’s full-scale invasion of Ukraine, one of the world’s biggest exporters of grain to global markets, sent food commodity prices soaring....
...US technology specialist Viavi Solutions has made a £1bn takeover offer for telecoms testing group Spirent Communications, in a deal that would remove another UK-listed business from the London market....
...Yet commodity volatility means the sweet taste is unlikely to last long. The biggest concern for investors, of course, is consumers buying less chocolate....
...A person close to Dunand said he had no immediate plans to step down but was intent on bolstering the senior ranks of the company....
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...ADM shares plunged in January when it revealed the investigation into the nutrition business, a pillar of the company’s strategy to move beyond volatile commodities....
...But Equinor is still first and foremost an oil and gas company....
...Chief financial officer Christophe Salmon and executive director Jose Maria Larocca are due to leave Trafigura in the second shake-up of the commodity trader’s leadership in seven months....
International Edition