Candidate of the Partido de la Social Democracia Brasilena (PSDB) Aecio Neves during an election campaign rally in Rio de Janeiro. Photograph: EPA/Antonio Lacerda

The increasing prospect of regime change in Brazil is making Petroleo Brasileiro the world’s best major oil stock. It’s also opening the door for fore(...)

The mining conglomerate’s savings will be realised this year, according to the company. Photograph: Reuters

Glencore Xstrata, the world’s fourth-biggest mining company, is studying separate deals with Rio Tinto and BHP Billiton in Australia to reap co(...)

Voters in Hedingen, a town of some 3,500 inhabitants in the canton of Zurich, backed by 764 to 662 an initiative to donate about 10 per cent of the tax money the town received in the wake of Glencore’s initial public offering in 2011.  Photograph: Simon Dawson/Bloomberg

Voters in a small Swiss town decided yesterday to donate 110,000 Swiss francs (€89,348) of taxes paid by GlencoreXstrata chief executive Ivan Glasenbe(...)

A VZug logo sits on the company’s offices, top, beyond the white headquarters of Glencore Xstrata  in Baar, Switzerland. Photo: Bloomberg

Glencore Xstrata’s first-half profit slid 39 per cent and the world’s biggest exporter of power station coal wrote down the value of assets by $7.7 bi(...)

A file picture of Swiss billionaire Marc Rich receiving an Honorary Doctorate from Bar-Ilan University in Tel Aviv in May, 2007. Photograph: Gil Cohen/Reuters.

Marc Rich, known as the father of modern oil trading and founder of the group that became Glencore Xstrata, has died at the age of 78, the head of his(...)