Vale posts 17% drop in Q1 net profit
In the earnings report, Vale said its results were impacted by lower iron ore prices.
[caption id="attachment_809307" align="aligncenter" width="900"] Glencore plc CEO Ivan Glasenberg[/caption] Glencore CEO Ivan Glasenberg's dealmaking skills were clearly demonstrated during the Xstrata... er ... "merger of equals". Not only did he get Xstrata without spending any actual cash (apart from the...
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