Rio tinto Stories
Stock futures dip as investors await Intel results
Stock index futures dipped on Thursday as investors awaited quarterly results from technology bellwether Intel, a day after the Dow industrials rose to a fresh 15-month high.
Stock futures mixed ahead of Intel earnings
U.S. stock index futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 up 0.11 percent, Dow Jones futures unchanged and Nasdaq 100 futures down 0.11 percent at 4 a.m. EST.
Vietnam's Qantas/Jetstar probe to last months
Australia's Qantas Airways Ltd expects an investigation into loss making fuel-hedging in its Vietnamese joint venture airline to run for months after two executives were barred from leaving the country.
Uranium glut caps shares but China boosts future
Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.
Asian shares hold week's gains before jobs data
Asian stocks held most of the week's gains before monthly U.S. jobs data on Friday, although property and bank shares fell in many markets as soft U.S. data raised concerns about the pace of economic recovery.
BHP denies Rio backsliding on iron ore tie-up
Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion joint venture in iron ore, insisting the two were close to a binding agreement.
Detained Rio Chinese staff healthy, calm, lawyers say
Three detained Chinese employees of Australian miner Rio Tinto appeared healthy and calm, their defense lawyers said on Wednesday after visiting their clients for the first time early this week.
As CISA moves aside, China iron ore talk angst may ease
Despite unveiling a face-saving iron ore deal with Australia's Fortescue Metals Group on Monday, China's embattled steel industry body CISA seems to be ceding its grip on the levers of China's iron ore pricing talks.
Rio says seen no evidence for China detentions
Anglo-Australian miner Rio Tinto said on Tuesday it had yet to be presented with any evidence to support the detention of four of its China-based staff on suspicions of stealing state secrets.
Rio says seen no evidence yet against China staff
Anglo-Australian miner Rio Tinto has yet to be presented with any evidence to support the detention of four of its China-based staff on suspicions of stealing state secrets, the firm said on Tuesday.
China secrets agency says Rio spied for 6 years
China's state secrets watchdog has accused mining multinational Rio Tinto of engaging in commercial spying over six years, saying data on Rio computers showed the espionage came at a huge loss to China.
China secrets watchdog says Rio spied for six years
A journal issued by China's state secrets watchdog has accused the mining multinational Rio Tinto of commercial spying over six years, saying data found on Rio computers showed the espionage had come at a huge cost to China.
China-Brazil ore trade surges as Australia sales fall
Spot iron ore vessel bookings from Brazil to China jumped to a record in July as Australia suspended spot sales following detentions of Rio Tinto's top sales officials in China and as falling freight costs made longer haul trade attractive.
Australia says China must handle Rio case quickly
Australia's trade minister said on Monday that Australia wants more details on the detained employees of miner Rio Tinto from China quickly, but said the case would not hurt economic relations if handled properly.
Rio pays the price for China's industry order
The detention of Rio Tinto executives on spying accusations has allegedly wreaked havoc on the world's second-largest iron ore miner's sales in China, as the nation's steel mills took a wait-and-see approach on ore imports from the Anglo- Australian conglomerate, Chinese State media reported on Wednesday.
Australian PM says world watching China spy case
Australian Prime Minister Kevin Rudd warned China on Wednesday it had significant economic interests at stake in detaining an Australian mining executive on spying charges and the world was watching how it handled the case.
Australia warns of risks to delay in China spy case
Australia warned China on Sunday of the risks to business confidence from the detention without charge of an Australian executive accused of stealing state secrets, and Chinese executives feared a wider purge.
Australia braces for long haul in China spy case
The Australian government is prepared for a long haul in dealing with China's detention of a senior Australian mining executive on suspicion of stealing state secrets, Foreign Minister Stephen Smith said on Sunday.
Daily Outlook for July 10 - Industries
'New GM' may launch today, Officials to meet with detained Rio exec, Small-Cap earnings
China reportedly inks iron ore deal; Rio execs detained
China backed down on iron ore prices, signing up to the same 33 percent price cut agreed by Asian rivals but only for a six-month period rather than a full year, the China Business News said on Wednesday, citing informed sources it did not name.
Chinese authorities detain four Rio Tinto employees
Global mining giant Rio Tinto said on Tuesday four of its employees in Shanghai had been detained by the Chinese authorities.
Daily Wrap Up - July 6 - Industries: Air Traffic, New GM, Rio sale
Less profitable skies as airlines report dropping June traffic, Judge approves sale to New GM, Rio Tinto sells food packaging division for $1.2 billion
Mid-Day Minute - July 6 - Industries
High Volume Trading Codes at Goldman Sachs Stolen: FBI, Judge approves sale to New GM, Rio Tinto sells food packaging division for $1.2 billion
BP taps Ericsson CEO as next chairman
Ericsson said its chief executive, Carl-Henric Svanberg, was stepping down to become chairman of BP Plc in a surprise appointment that ends the oil major's fraught search for a successor to Peter Sutherland.
China says Rio-BHP ore JV smacks of monopoly
Rio Tinto and BHP Billiton's proposed iron-ore joint venture has a strong monopolistic flavor and Chinese firms are actively seeking ways to cope with it, state media on Wednesday cited a senior official as saying.
China warns Rio-BHP over ore venture
Rio Tinto (RIO.AX) and BHP Billiton's (BLT.L) proposed iron-ore joint venture has a strong monopolistic flavour and Chinese firms are actively seeking ways to cope with it, state media on Wednesday cited a senior official as saying.
China lays road to global role with economic cement
Last week hosting the Americans. Next week visiting Russia. China's busy diplomacy amid the economic crisis reflects growing sway that some say has brought the moment for Beijing to don the cape of a full super-power.
Stocks, oil, dollar rise after U.S. jobs data
World stocks extended gains on Friday, rising toward this week's 7-1/2 month high after better-than-expected U.S. employment data reinforced investors' hopes that the world's biggest economy has passed its worst.
Rio dumps Chinalco for iron ore tie-up with BHP
Rio Tinto dumped plans for a landmark investment from China on Friday, opting instead to raise $21 billion through a rights issue and a joint venture with one-time suitor BHP Billiton.
Daily Commentary - 05/06/2009
The Aussie dollar held firm in local trade yesterday despite a massive and unexpected turnaround in the countries trade balance.