Glencore hands $7.1B to shareholders after record profit

Glencore announced a payout of $7.1 billion to its investors on Wednesday, as high oil and coal prices helped it to post a record annual profit, but it said the rising costs of producing minerals could dent future earnings.

In preliminary 2022 results, the miner and trader said it cut net debt to $75 million at the end of the year from $6 billion at the en