Leslie C Benware

March 10, 2024

Glencore makes cash swoop for Teck Resources’ coal business

...Teck’s coal business, which includes four metallurgical coal mines in Canada’s British Columbia, previously had an implied valuation of just over C$11bn (US$8.2bn) as part of an investment agreement struck...

June 12, 2023

FT Live

Financial Times @COP

FT Live events coinciding with COP

Teck Resources

Canada’s Teck Resources rejects hostile approach by Glencore

...Glencore offered to buy Teck in an all-share transaction, for a 20 per cent premium to its share price on March 26 when Teck’s closing market capitalisation stood at C$25bn ($19bn)....

April 3, 2023

InterviewTeck Resources

Norman Keevil: Super shareholder blocking Glencore’s bid to create mining giant

...By the time he retired as board chair in January 2019, it had become a diversified miner with copper, zinc and metallurgical coal assets across the world and annual revenues of C$12bn (US$9bn)....

April 21, 2023

News in-depthTrafigura

Trafigura: the 10-day unravelling of an alleged $500mn fraud

...On November 17, Chinese client Xiamen C&D Aluminum Co alerted Trafigura to discrepancies in the customs codes and the certificates of analysis for the 286-tonne shipment it had received....

February 27, 2023

ReviewFilm

Lady Chatterley’s Lover — Emma Corrin goes full boho glamazon

...In nearly every version, there’s a lot of fetishising of all the fabrics and finery encasing Lady C, making her final renunciation of it all the more thrilling....

November 28, 2022

FT Live

Commodities Global Summit 2025

The pre-eminent gathering of senior commodity executives, traders and financiers

Rio Tinto PLC

Rio Tinto prevails in $3.3bn takeover of Turquoise Hill

...The shareholder vote on Rio’s C$43 a share offer was delayed several times this autumn, as Rio did not initially have the votes to approve the deal....

December 9, 2022

Live news updates from November 2: Russia to rejoin grain pact, Fed raises key interest rate 75 bps

Rio’s hopes of buying Turquoise Hill boosted by dissident shareholder deal

...In the meantime, the two investors will receive an interim payment of C$34.40 per share if the deal goes through....

November 2, 2022

Mining

Rio Tinto’s bid for Turquoise Hill hits snags

...In September Rio Tinto had offered C$43 per share to purchase the remaining shares of Turquoise Hill it did not already own....

November 10, 2022

ReviewFilm

The Forgiven — complex tale of crime, punishment and guilt

...Few actors alive could match the expressiveness Ralph Fiennes injects into the c-word....

September 1, 2022

News in-depthWildfires

Wildfires rage across Portugal as intense heatwave grips Europe

...The town of Pinhão recorded a temperature of 47°C this week, a record high for Portugal in July....

July 15, 2022

Behind the Money podcast23 min listen

Inside the fight to stop an oil pipeline in Africa

...The FT’s Leslie Hook explains the approach activists are taking to fight it....

September 14, 2022

Climate CapitalCOP26 Day Four: European unions press leaders to include nuclear in clean energy mix

US, UK and others to end overseas fossil fuel financing in 2022

...“We will end new direct public support for the international unabated fossil fuel energy sector by the end of 2022, except in limited and clearly defined circumstances that are consistent with a 1.5°C warming...

November 4, 2021

Climate CapitalCOP26: First day ends with Queen’s message of statesmanship

Rome to Glasgow: key climate takeaways from the G20

...“Keeping 1.5°C within reach will require meaningful and effective actions and commitment by all countries, taking into account different approaches,” the document said....

November 1, 2021

HTSI

Art books to lift the spirits this winter

...BS Marrakesh is published by Leslie Gerry Editions at £1,450 in an edition of 90 copies...

January 20, 2022

FT Live

Moral Money Summit Americas

Unlocking opportunities for a greener and fairer world

Inside Politics

Welcome to Stephen Bush’s analysis of power and policy in the UK

...You can watch it via Apple TV, while Leslie Halperin’s review is here....

April 19, 2022

Climate change

UN climate talks hit a wall over tensions about finance

...Germany pledged €6bn a year by 2025, while Canada promised to increase to C$5.3bn annually....

June 18, 2021

Letter

Letter: COP26 needs to agree on a comprehensive framework

...In Leslie Hook’s interview piece with John Kerry (Report, July 21), the US climate envoy said of climate funding that “President Biden is trying to figure out what to do”....

August 4, 2021

Climate change

‘Like someone throwing fire on your face’: heatwave engulfs Pacific Northwest and Canada

...Additional reporting by Leslie Hook in London Follow @ftclimate on Instagram...

July 2, 2021

HTSI

The Bakelite jewellery bonanza

...Leslie Chin and Mark Walsh of Vintage Luxury in New York State sell through 1stdibs and have handled some of the rarest Chanel pieces....

April 5, 2021

Moral Money

A small but mighty change to force US corporate climate reform Premium

...Another arena to watch is reporting and audit, as C-suites face growing demands to disclose “scope three” data — and parse the forthcoming International Sustainability Standards Board measures (I like to...

November 19, 2021

Moral Money

Climate change economics: ‘The biggest capital reallocation since the Industrial Revolution’ Premium

...Leslie Hook has the details here. Is “BoJo” — to use the media nickname for Boris Johnson — the right man to save the day?...

November 10, 2021

Energy Source

Persistent gender gap plagues the energy sector Premium

...While women make up 38 per cent of the entry-level workforce in oil and gas, they only make up 10 per cent of the C-suite, according to the 2021 Women in the Workplace report by McKinsey....

December 21, 2021

Investments

Rausing completes hefty Ocado purchase

...A number of other C-suite executives received smaller benefits from Ocado’s various incentive plans this week. But Rausing’s transaction was independent....

March 26, 2021

UK politics

Green plan ‘far cry’ from hitting UK’s net zero targets

...The nuclear industry is hoping for a promise of larger funding for power stations, such as the £20bn Sizewell C station, as well as for small modular reactors, well beyond the £300m pledged this week....

November 18, 2020

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