Bloomberg Glencore Plc is cutting out many of its intermediaries — the agents and dealmakers once essential to cracking the toughest markets — amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its glo-bal network of trading agents, according to people familiar with the situation. To continue operating, the ...

Bloomberg Iran said the path to a diplomatic solution with the US had closed after the Trump administration imposed sanctions against its supreme leader and other top officials, raising tensions days after the downing of an American drone brought the Middle East to the brink of war. President Donald Trump unveiled sanctions on Ayatollah Ali Khamenei and eight senior military ...

Bloomberg The European Union’s center-right alliance is determined to defy French President Emmanuel Macron in the race to nominate the next EU Commission chief, according to senior party officials. European conservatives were enraged that Macron blocked their candidate for commission president, Manfred Weber, at last week’s summit in Brussels, and suspect he is seeking to undermine their role, even though ...