ABOUT £4 billion was wiped from the value of mining and commodities trading giant Glencore yesterday after US authorities ordered it to hand over documents relating to a money-laundering probe. Shares in the FTSE 100 firm, the world’s biggest mining company, fell 28¼p to 321p after it received a subpoena from the Department of Justice to produce records with respect to compliance with the Foreign Corrupt Practices Act and US money laundering statutes.
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Glencore takes a £4bn hit
![Glencore takes a £4bn hit]()
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04 July
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