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Police probe blast at Glencore chief's home

Keywords: Tags  Glencore International, Ivan Glasenberg, explosion, police investigation, Credit Suisse, Mark Burton

LONDON — Police are investigating a Jan. 25 explosion at the home of Glencore International Plc chief executive officer Ivan Glasenberg, the company confirmed.

An unnamed group claimed responsibility for the blast, which destroyed the mailbox outside Glasenberg’s home near Zurich, Switzerland, according to media reports.

The group also claimed responsibility for a separate blast outside a branch of Credit Suisse. There were no injuries in either incident, according to reports.

The activists said Glencore and Credit Suisse had been targeted due to their support of the World Economic Forum, which is taking place in Davos.

The group criticized Glencore for poor working conditions and said Credit Suisse was targeted for several reasons, including redundancies, food price speculation and "betting against the Greek people," Reuters reported.

"An incident took place on the property of Ivan Glasenberg. No one was injured. The police have been informed and are investigating the situation," a Glencore spokesman said. 

A version of this article was first published by AMM sister publication Metal Bulletin.

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