Glencore CEO is said to meet Congo leader after ties strained

Glencore CEO Ivan Glasenberg met the Democratic Republic of Congo’s new president this week, their first encounter since Felix Tshisekedi took office, according to people familiar with the matter. The meeting comes after relations between mining companies and the government deteriorated last year, when former President Joseph Kabila backed an overhaul of Congo’s mining code that hiked royalties and imposed new taxes. Tshisekedi replaced Kabila Jan. 24 after winning elections in December.