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12/5/2019, 3:16 PM (Source: TeleTrader)
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Glencore plunges as UK announces bribery probe

Britain's Serious Fraud Office (SFO) opened an investigation into Swiss mining giant Glencore over "suspicions of bribery," the watchdog said on Thursday.

The SFO announced that it is investigating the "conduct of business by the Glencore group of companies, its officials, employees, agents, and associated persons."

Shares of Glencore plunged over 6% following the news.

Breaking the News / JC