Is Glencore Restoring Its Reputation?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Glencore has been accused of using illegal practices to sell oil at artificially low or high prices. Prosecutors also reveal that these practices were baked into the corpori culture at glencore. So what's the company going to do to try and restore its reputation after all this? It is a question whether it is restoring its reputation, or, in fact, trying to improve a reputation that has never been.

US chipmaker Qualcomm wants to build a stake in Arm alongside rivals, and how does commodities trader Glencore rescue its reputation after pleading guilty to multiple counts of bribery and market manipulation? Plus, Federica Cocco explains whether businesses are sticking to their diversity promises two years after the police murder of George Floyd.

Mentioned in this podcast:

Qualcomm eager to invest in Arm alongside rivals in upcoming IPO

‘Bribery built into the corporate culture’: can Glencore rescue its reputation?

Race at work: how hard are companies really trying?

Have you changed your money habits recently in response to bad news about the economy? Send us a voice memo with your name, where you’re from and what you’re doing to marc.filippino@ft.com.

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.