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Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court.

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Glencore Plc took a provision of about $480 million on its exposure to Radiant World, the iron ore trader that is under pressure amid concerns it provided falsified documents to banks, according to ...

The company has called the claims inaccurate and unsubstantiated, and says it “conducts its business to the highest commercial and legal standards”. Here are details about Radiant World. Radiant World ...

LONDON, Aug 28 (Reuters) - Commodity trader Radiant World is under scrutiny as counterparties have stopped doing business with it following news that authorities are investigating a report it provided ...

Glencore Plc last year acquired warrants that would have given it a minority ownership stake in Radiant World, the iron ore trader under pressure amid concerns it provided falsified documents to banks ...

One of the world’s biggest iron-ore traders is now under investigation by two U.S. federal agencies. The Justice Department and Commodity Futures Trading Commission are investigating Radiant World, ...

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Glencore CEO declines to quantify provision taken Vitol, Cargill reported to have cut ties with Radiant World Aug 5 (Reuters) - Glencore (GLEN.L), opens new tab has taken a provision related ‌to ...

This is read by an automated voice. Please report any issues or inconsistencies here. El Segundo-based Radiant, a company focused on developing a modular nuclear reactor, was selected by the ...