Glencore shares up 34% on unit sale talks
Mining giant Glencore
Hong Kong - Arab Today
Shares in mining giant Glencore soared 33.64 percent in mid-afternoon trade in Hong Kong, following reports it is in talks to sell its agriculture business.
Shares in the Swiss-based firm have fluctuated wildly amid investor fears that sinking commodity prices will affect its ability to meet outstanding debt obligations.
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