Glencore's underlying profit falls, lowers debt target

LONDON/MOSCOW (Reuters) - Glencore said it expected to exceed a previous target to cut debt but it took a nearly $400 million (302.37 million pounds) hit from a bad bet on coal and echoed warnings voiced by mining rivals of volatile commodity markets.

from Reuters: Top News http://uk.reuters.com/article/uk-glencore-results-idUKKCN10Z0HU?feedType=RSS&feedName=topNews