Oil to zinc prices soar after China eases some covid restrictions
Almost all major commodities traded higher following China’s move to reduce the time that travelers and close contacts of infected people must spend in quarantine.
The Bloomberg Commodity Spot Index, a basket of nearly two dozen raw materials, surged to a 10-year high last week and is rapidly closing in on the record set in 2011.
Former Glencore trader said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of company funds in 2014 to an intermediary who’d requested the cash to benefit a senior government official in the nation’s elections.
Mairead Lavery, who in 2019 became the first woman to helm EDC in its 75-year history, has made environmental, social and governance investing one of her three priorities.