Mining giant Glencore sticks with London listing

MINING giant Glencore has scrapped proposals to move its main stock market listing away from London, but warned over job cuts as part of efforts to slash costs by about $1bn (£753m).

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The Swiss miner, which is one of the biggest stocks on the FTSE 100, revealed in February that it was mooting switching its primary listing to New York. It said on unveiling half-year results that moving its primary listing away from London would not deliver better v