Glencore's Chief Executive Officer, co-founder, and second largest shareholder Ivan Glasenberg is set to pay $210 million of the company's impending $2.5 billion sale of new shares to repair its balance sheet.
Archives
French Industry Production Plunges Lower to 0.8%, Lowest Since November 2014
French Industry slumps lower in the third quarter as production unexpectedly fell to 0.8%, a number lowest since November 2014. Economists forecasted a 0.2 increase according to Bloomberg survey, making the 0.8 percent downward curve such a big surprise. The statistics office reported Thursday that French industry output fell by 0.8 percent annually. Meanwhile, manufacturing output also dropped by 1 percent this month.
'Pacific Rim: Maelstrom' Reportedly Delayed? Charlie Hunnam Wants the Sequel with Less CGI
The much-awaited sequel to Pacific Rim is reportedly delayed and rumors have it that the lead star Charlie Hunnam wants 'Pacific Rim: Maelstrom' to be created with less CGI.
Johnny Depp talks about his and wife Amber Heard's legal dog drama in Australia
Johnny Depp and Amber Heard are facing legal battles over them bringing their dogs to Queensland, Australia. Australia has a strict compliance about permits in which according to them, the couple weren't able to accomplish before the incident.
Brooklyn Beckham cuddles with Selena Gomez at NYFW party; Young star crushing on the 'Come and Get it' singer?
Brooklyn Beckam allegedly is crushing on Selena Gomez. On the other hand, they arrived together at the NYFW party and was purportedly spotted getting up close and personal.
Latest News
With an ambition to be the next eCommerce giant in Southeast Asia, Matahari Mall officially launched Wednesday with $500 million funding from giant Indonesian real estate development company Lippo Group.
Starting last week, Kmart, the U.S. retail company under Sears Holding Corp. brings back its No Money Down Layaway Program and launches No Money Down Leasing for holiday shoppers.
George Clooney and Amal Alamuddin are going strong and said to be celebrating their first wedding anniversary this month. Amal Almuddin is said to have ventured a new career path but still not leaving her first love, law.
The Pokemon Company has outdone theirselves this time--making great games is one thing, but fulfilling the dreams of gamers is another. Pokemon Go looks to make the fans accomplish real life Pokemon searching, and there's only very little wait before it happens.
Bungie has been looking good in trying to recover from the faulty fell on the laps of the fans during its latest update. Now, Destiny: The Taken King has more in store especially to the fans who did not notice the smaller details released for the game.
The Nimbus is as interesting as it comes --putting the features of the traditional controller with hints of Apple in it. Here are some of the key points to take note in this technological marvel by Apple.
A Disney live-action take to the classic tale of Beauty and the Beast is in the works, and Emma Watson says filming has been an unbelievable experience. Walt Disney Studios' President of Production, Sean Bailey also confirmed that new songs will be featured in the film.
‘Avatar: The Last Airbender 2’ director M. Night Shyamalan is set to return for a second film in the planned trilogy based on the successful animated television series by Nickelodeon. It was revealed that he may be ready to begin work on the follow-up after he finishes with another planned thriller film. Despite five years passed since its predecessor, critics and audiences continue to slam allegedly whitewashed cast members.
Leonardo DiCaprio is one mockery victim but the actor does not seem to mind. The Wolf of Wall Street actor is more focused on his career and on his new girlfriend, Kelly Rohrbach.
