Glencore Set to Settle Corruption Charges in U.S.
Glencore GLNCY 1.32% PLC is set to settle long-running U.S. corruption investigations on Tuesday, finally resolving criminal probes into its global mining and trading business that have hung over the company for years, according to people familiar with the matter. Glencore, or a subsidiary of the company, will also plead guilty to violating the Foreign Corrupt Practices Act, the people said. The company said in a statement that it will appear in court in the U.K. and U.S. on Tuesday. A spokesman declined to comment further. Britain’s Serious Fraud Office will charge the company...