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Richard Holtum
Trafigura Group Pte. Ltd. is a Singaporean-based multinational commodities company, with major regional hubs in Geneva, Houston, Montevideo and Mumbai, founded in 1993. The company trades in base metals and energy. It is the world's largest private metal trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. Trafigura was formed by Claude Dauphin and Eric de Turckheim in 1993 but quickly split off from a group of companies managed by Marc Rich. Trafigura has been named or involved in several scandals, particularly the 2006 Ivory Coast toxic waste dump (which left up to 100,000 people with skin rashes, headaches and respiratory problems) and the Iraq Oil-for-Food Scandal. History Trafigura Beheer BV was established as a private group of companies in 1993 by six founding partners: Claude Dauphin, Eric de Turckheim, Graham Sharp, Antonio Cometti, Daniel Posen and Mark Crandall. Initially focused on t ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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2006 Côte D'Ivoire Toxic Waste Dump
The 2006 Ivory Coast toxic waste dump was a health crisis in Ivory Coast in which a ship registered in Panama, the ''Probo Koala'', chartered by the Singaporean-based oil and commodity shipping company Trafigura Beheer BV, offloaded toxic waste to an Ivorian waste handling company which disposed of it at the port of Abidjan. The local contractor, a company called Tommy, dumped the waste at 12 sites in and around the city in August 2006. The dumping, which took place against a backdrop of instability in Abidjan as a result of the country's first civil war, allegedly led to the death of 17 and 20 hospitalisations, with a further 26,000 people treated for symptoms of poisoning. In the days after the dumping, almost 100,000 Ivorians sought medical attention after Prime Minister Charles Konan Banny opened the hospitals and offered free healthcare to the capital's residents. Trafigura originally planned to dispose of the slops – which resulted from cleaning the vessel and contained ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ...
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Sogn Og Fjordane
Sogn og Fjordane (; literally "Parish and the Fjords") was a Counties of Norway, county in western Norway, from 1 January 1919 to 31 December 2019, after it was merged to become part of Vestland county. Bordering previous counties Møre og Romsdal, Oppland, Buskerud, and Hordaland, the county administration was in the village of Hermansverk in Leikanger, Leikanger municipality. The largest town in the county was Førde (town), Førde. Although Sogn og Fjordane has some industry, predominantly hydroelectricity and aluminium, it is predominantly an Agriculture, agricultural area. Sogn og Fjordane is also home to the Urnes Stave Church and the Nærøyfjord, which are both listed by UNESCO as World Heritage Sites. The Western Norway University of Applied Sciences has campuses in Sogndalsfjøra and Førde (town), Førde. Name The name ''Sogn og Fjordane'' was created in 1919; a literal translation is: ''Sogn and the fjords.'' The first element is the name of the region of Sogn, loca ...
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Gulen (municipality)
is a List of municipalities of Norway, municipality in the western part of Vestland Counties of Norway, county, Norway. It is part of the Districts of Norway, traditional district of Sogn. The administrative center of the municipality is the village of Eivindvik. Other villages in Gulen include Brekke (village), Brekke, Byrknes, Dalsøyra, Dingja, Instefjord, Mjømna, Rutledal, and Ytre Oppedal. The municipality of Gulen sits to the south of the Sognefjorden and it surrounds the Gulafjorden, which is considered to be the place where Norway's west-coastal Vikings met for the Gulating, a governing body. The area along the Gulafjorden called ''Flolid'' (just east of the village of Eivindvik) is now a national historic place, where an open-air theater and annual summer play commemorates the Vikings who gathered there 1000 years ago to accept Christianity. The municipality is the 190th largest by area out of the 356 municipalities in Norway. Gulen is the 265th most populous municip ...
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Norilsk Nickel
Norilsk Nickel (), or Nornickel, is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River in the north of Siberia. It also has holdings in Nikel, Zapolyarny, and Monchegorsk on the Kola Peninsula, in Harjavalta in western Finland, and in South Africa. Headquartered in Moscow, Norilsk Nickel is the world's largest producer of refined nickel and the 11th largest copper producer. The company is listed on MICEX-RTS. As of March 2021, its key shareholders were Vladimir Potanin's Olderfrey Holdings Ltd (34.59%) and Oleg Deripaska's Rusal (27.82%). In December 2010, Norilsk Nickel made a share buyback offer for Rusal's 25% share in the company for $12 billion, but the offer was declined. In 2012, Potanin's Interros holding, Rusal, and Roman Abramovich signed a shareholder agreement on the size of dividend payouts to end a conflict over the matter, as well as issues around the company ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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Hedge Fund
A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and insulate returns from beta (finance), market risk. Among these portfolio (finance), portfolio techniques are short (finance), short selling and the use of leverage (finance), leverage and derivative (finance), derivative instruments. In the United States, financial regulations require that hedge funds be marketed only to institutional investors and high-net-worth individuals. Hedge funds are considered alternative investments. Their ability to use leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, commonly known as mutual funds and Exchange-traded fund, ETFs. They are also considered distinct from private-equity fund, private equity funds and other similar cl ...
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Thomas Galbraith, 2nd Baron Strathclyde
Thomas Galloway Dunlop du Roy de Blicquy Galbraith, 2nd Baron Strathclyde, (born 22 February 1960), known informally as Tom Strathclyde, is a British Conservative politician. Lord Strathclyde served in the political role of Leader of the House of Lords from the 2010 general election until January 2013 and as Chancellor of the Duchy of Lancaster, having been Leader of the Opposition in the House of Lords (1998–2010). As of 2025, he is the most recent hereditary peer to serve as Leader of the Lords. Biography Thomas Galbraith was born in Glasgow, the son of Conservative politician Tam Galbraith and his Belgian wife Simone du Roy de Blicquy. His father was MP for Glasgow Hillhead from 1948 until his death in 1982. Galbraith succeeded to the barony in 1985 at the age of 25, following the death of his grandfather Thomas Galbraith, 1st Baron Strathclyde. He contested the Merseyside East constituency in the 1984 European election. Education Galbraith was educated at Sussex H ...
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Baron Strathclyde
Baron Strathclyde is a title that has been created twice in British history, both times in the Peerage of the United Kingdom. It was first created on 15 January 1914 when the politician and judge Alexander Ure was made Baron Strathclyde, of Sandyford in Lanarkshire. This creation became extinct on his death in 1928. It was created for a second time on 4 May 1955 when the Scottish Unionist Party politician Thomas Dunlop Galbraith was made Baron Strathclyde, of Barskimming in Ayrshire. Since 1985, the title has been held by his grandson, the second Baron. He is the son of the politician the Hon. Sir Tam Galbraith KBE, eldest son of the first Baron. Lord Strathclyde is one of the ninety elected hereditary peers that remain in the House of Lords after the passing of the House of Lords Act 1999. Baron Strathclyde, first creation (1914) *Alexander Ure, 1st Baron Strathclyde (1853–1928) Baron Strathclyde, second creation (1955) *Thomas Dunlop Galbraith, 1st Baron Strathclyde ( ...
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House Of Lords
The House of Lords is the upper house of the Parliament of the United Kingdom. Like the lower house, the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. One of the oldest extant institutions in the world, its origins lie in the early 11th century and the emergence of bicameralism in the 13th century. In contrast to the House of Commons, membership of the Lords is not generally acquired by Elections in the United Kingdom, election. Most members are Life peer, appointed for life, on either a political or non-political basis. House of Lords Act 1999, Hereditary membership was limited in 1999 to 92 List of excepted hereditary peers, excepted hereditary peers: 90 elected through By-elections to the House of Lords, internal by-elections, plus the Earl Marshal and Lord Great Chamberlain as members Ex officio member, ''ex officio''. No members directly inherit their seats any longer. The House of Lords also includes ...
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