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Raw materials market

World news about “Raw materials market” published by euronews.

05/03 15:17 CET

Glencore’s 2012 profit hit by lower commodities prices

Glencore’s 2012 profit hit by lower commodities prices

Glencore's net income fell by a quarter last year due to lower prices for commodities, but it made more money from trading so did not suffer as much as some rivals. That modest drop was important as Glencore is just a month away from its takeover of miner Xstrata - which will…

  • Cotton costs hit H&M profit
    29/03 14:00 CET

    Cotton costs hit H&M profit

    Sweden's Hennes & Mauritz is blaming higher cotton prices in part for its smaller-than-expected rise in quarterly earnings. The world's…