Glencore plc (an acronym for Global Energy Commodity Resources)...wikipedia - 29 Sep 2015
Glencore plc (an acronym for Global Energy Commodity Resources) is an Anglo–Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland, and a registered office in Saint Helier, Jersey. The current company was created through a merger of Glencore with Xstrata on 2 May 2013. As of 2015[update], it ranked tenth in the Fortune Global 500 list of the world's largest companies. It is the world's third-largest family business.