Relevant:
- Glencore May Expand to Rival BHP, Rio, Investor Rothschild Says
- Glencore CDS Are Soaring Again As Default Risk Rises Above 50%
- Glencore Collapse Could Be Even Worse Than Feared
- Abu Dhabi and hedge funds to back Glencore IPO
- Mining company Xstrata, commodities giant Glencore agree to $90 billion merger
2008-10-26 — bloomberg.com
The cost of protecting against a default by the world's largest commodity trader Glencore International AG has risen fivefold in two months as investors run ``scared'' from mining companies, said Jonathan Pitkanen, a credit analyst at Aviva Investors in London.
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