glencore posts 5bn loss for 2015 against 23bn gain in 2014
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Glencore posts $5-bn loss for 2015 against $2.3bn gain in 2014

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Arab Today, arab today Glencore posts $5-bn loss for 2015 against $2.3bn gain in 2014

Zurich economy
Zurich - Arab Today

Debt-laden mining and commodities giant Glencore on Monday reported results deep in the red for 2015 due to plunging prices for metals and oil. 

The Switzerland-based company posted a net loss attributable to share-holders of $4.96 billion (4.5 billion euros) last year, compared to a net profit of $2.3 billion just a year earlier.

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