Chinese authorities are detaining Rio Tinto Ltd's top iron ore negotiator on suspicion of espionage and stealing state secrets, Australia said on Wednesday, threatening to strain already fraying ties.
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Is white-water rafting no longer a rush? Been there, done that with bungee jumping? If standard travel activities like hiking, surfing, diving and zip-lining are leaving you cold, check out these unique, crazy, and sometimes downright dangerous adventure sports around the world.
Global miner Rio Tinto wrapped up one of the world's biggest rights issues on Friday, saying its Australian shareholders had taken up 94.76 percent of their entitlements to the new shares.
Global miner Rio Tinto wrapped up one of the world's biggest rights issues on Friday, saying its Australian shareholders had taken up 94.76 percent of their entitlements to the new shares.
Rio Tinto Ltd's $15.2 billion rights offer, the fifth-biggest on record, generated strong demand from UK investors, putting the world's top iron ore miner back into growth mode after a debt-funded purchase of Alcan had brought it to its knees.
The new chief executive of Royal Dutch Shell Plc faces the tallest order in European business -- to make his company the continent's top earner this year, next year, and well into the next decade.
Asian stock markets put in a mixed performance on Wednesday, with Seoul gaining but Tokyo and Sydney weak as data showed the process of swinging the global economy around to a recovery would be a slow grind.
Asian stock markets struggled to gain ground on Wednesday as economic data showed the process of turnaround to recovery was likely to be a slow grind, and the dollar capitalized on that more cautious sentiment.
China's steel giant, Ansteel, got government approval from China for an A$162.06 million ($130.69 million) share placement with Australian iron ore miner Gindalbie Metals Ltd, a spokesman with Ansteel said Last Saturday.
If you are dizzy from trying to choose among all the fitness regimens out there a new survey of fitness and health experts, who were asked to identity the top trends, may help.
As hard-hit Western banks and hedge funds scramble to sell their Asian loans and bonds, one newcomer expects to pick up these choice assets at rarely seen discounts.
Boeing Co , the world's No.2 plane-maker, suffered another heavy blow to its Dreamliner project on Friday when a major customer, Australia's Qantas Airways , scrapped and deferred orders for 30 new planes.
Wall Street looked set for a weak open on Friday with investors ready to take profits after stocks gained more than 2 percent in the previous session.
Opportunistic property investor NewRiver Retail has suspended plans for a 250 million pound ($406.3 million) listing on London's Alternative Investment Market stock exchange, a company spokeswoman told Reuters.
U.S. stock index futures pointed to a weak open on Friday with investors set to take profits after a gain of more than 2 percent in the previous session.
(Corrects in 2nd paragraph to say 15 orders were canceled, not 30)
U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.1 percent at 5:37 a.m. EDT.
The Australian Dollar opens marginally higher from this time yesterday at 0.7965 after another 24-hour session in which most of the action happened offshore.
China's Wuhan Iron & Steel Inc (WISCO) made a nonbinding offer of $400 million for a minority stake in Brazilian miner MMX and its subsidiary MMX Sudeste Mineracao, MMX said on Tuesday in its website.
SouFun, China's top real estate website, is eyeing an initial public offering next year in Hong Kong or the United States if the global economy recovers, Chairman Vincent Mo said on Wednesday.
