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Glencore Took $480 Million Provision on Radiant World Exposure

2 sources ·2 articles ·18m ago

2 outlets - including Investing and Bloomberg - are covering this story. Glencore Plc took a provision of about $480 million on its exposure to Radiant World, the iron ore trader that is under pressure amid concerns it provided falsified documents to banks, according to people familiar with the matter.

Covered by 2 outlets

All coverage · 2 articles