Glencore Jumps on Rio Merger Talks, Trump to Meet Venezuela's Machado | The Pulse 1/9/2026

Maria Simulescu

Glencore shares jumped almost 10% after the company confirmed that it's in talks to be taken over by Rio Tinto. A mega merger would create the world's biggest mining company, with a combined market value of more than $200 billion. It's little over a year since previous merger talks collapsed. On the geopolitical front, US President Donald Trump says he's planning to meet Venezuela's opposition leader María Corina Machado as soon as next week. Today's guests: Ludovic Subran, Allianz, CIO & Chief

Tag-uri: Donald Trump