[Steven W.]

Glencore Drops After U.S. Orders Documents in Corruption Probe - Glencore Plc tumbled the most in two years as U.S. authorities demanded documents relating to possible corruption and money laundering. The world’s biggest commodity trader said Tuesday that it’s been subpoenaed by the U.S. Department of Justice to hand over documents related to the Foreign Corrupt Practices Act and U.S money laundering statutes. The documents relate to the company’s business in Nigeria, the Democratic Republic of Congo and Venezuela from 2007 to the present.

[BlessedBeGod]