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...Trafigura in December said Wainwright “rejects the charges against him”, and that the company would “defend itself” in court....
...Independent traders — a group including privately held Vitol, Trafigura, Gunvor and Mercuria — have been particularly successful, with “five years, back to back, of the best year ever”, said Adam Perkins...
...Larocca joined Trafigura in 1994, a year after it was founded. He was appointed to the leadership team as head of oil and petroleum products in 2007....
...The green transition and artificial intelligence boom risk creating a “real problem” for the supply of critical commodities such as copper, aluminium and zinc as demand rises, warned Trafigura chief Jeremy...
...Larocca joined Trafigura in 1994, a year after it was founded, and is the longest-serving employee among the current management....
...While it remains privately held, Trafigura has adopted some of the behaviours of a publicly listed corporation....
...The US Department of Justice and Trafigura declined to comment....
...Trafigura in December revealed for the first time that it had made a provision of $127mn in its 2023 accounts to resolve a probe by the DoJ over past “improper payments” in Brazil....
...Trafigura said in a statement the Marlin Luanda had been “struck by a missile”. Read more here...
...Last year Vitol reported $400bn in revenues, while Trafigura posted $244bn in revenues and a record $7.4bn in profit....
...Commodity trader Trafigura will pay out a record dividend of $5.9bn to the company’s 1,200 shareholders after reporting its highest ever net profit, but flagged a significant slowdown in the second half...
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...A worldwide freeze on the assets of Indian businessman Prateek Gupta will remain, a London high court judge ordered on Friday, in a success for commodity trader Trafigura in a $600mn legal battle over a...
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...A London high court judge ordered on Friday that a freezing order will stay in place on Prateek Gupta, the businessman accused by trading giant Trafigura of masterminding a $600mn nickel fraud....
...Trafigura said the ex-employee was a former consultant to DT Group, which was a joint venture formed in 2009 by Trafigura and Cochan Holdings LLC, an investment vehicle controlled by a former military adviser...
...Commodity trader Trafigura will pay out a record dividend of $5.9bn to the company’s 1,200 shareholders after reporting its highest-ever net profit, but flagged a significant slowdown in the second half...
...Trafigura said in a statement that “Gupta’s claims appear to be nothing more than mudslinging to deflect attention from the fraud he admits to committing against Trafigura”....
...The latest Houthi attack — on a vessel working for commodities trader Trafigura in the Gulf of Aden — has pushed up fuel tanker rates and diesel prices, with shipping executives and oil market analysts forecasting...
...Then come tracks grouped under a futuristic theme, which synthesise the music of the two preceding sections in a rather scattershot way....
...Hunza G back in 2015....
...That’s a fundamentally different question. Richard G Little Visiting Research Scholar Industrial and Systems EngineeringRensselaer Polytechnic InstituteTroy, NY, US...
...Trafigura said the changes were designed to “strengthen leadership and focus across its global activities during a period of exceptional success and growth”....
...That competition has forced traditional commodity traders such as Trafigura, which made a record $7.4bn in 2023, to invest to keep up. It set up a power trading division three years ago....
...There is a scene close to the end of Andrey Kurkov’s The Silver Bone in which the novel’s hero, Samson, a young police investigator, has finally cornered a key suspect in his hide-out....
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