News for 'Phibro'

Citi plans to sell energy-trading unit Phibro

Citi plans to sell energy-trading unit Phibro

Rediff.com7 Oct 2009

Citigroup is planning to sell its energy-trading unit Phibro, which came under flak for the huge pay package of $100 million handed over to its star trader Andrew Hall.

Marc Rich, 'King of Oil',  dies at 78

Marc Rich, 'King of Oil', dies at 78

Rediff.com26 Jun 2013

Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.