Profits of Swiss commodities firm Glencore soar to $4.41bn

Swiss mining and commodities trading giant Glencore has posted net profits of $4.41 billion for the first six months of 2026, compared with a $655 million loss a year earlier. Last year's performance was hit by a write-down of nearly $900 million on the group's Colombian coal operations. + Commodity trading in Switzerland, explained "The first half of the year was marked by significant adjustments to energy prices and related markets, in the wake of the outbreak of conflict in the Middle East…