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Topics tagged "Rio Tinto"
With the advent of groups such as the Chinese-owned Alibaba group, a diverse business which facilitates B2B and sources production and logistics solutions for companies around the globe, the buyer has gained the ascendency.
The ASX200 was down 77 points to 4268 at noon, a drop of 1.8%. The slump mirrors drops on Wall Street and European exchanges overnight.
As expected the Australian bourse is in free fall this morning, dropping 110 points, or 2.6% to 4207.
The corporate watchdog says it is making "routine inquiries" in relation to the bribery conviction of employees of global miner Rio Tinto in China.
The uncertainty continues for Stern Hu even though Chinese authorities have finished investigating the detained Rio Tinto executive.
Rio Tinto Ltd has responded to "increased complexities" in the Asian market by appointing a new chief negotiator for iron ore in the region.
Buyers were out in force today, snapping up stocks that looked oversold in the calm light of a new week and a positive lead from Wall Street.
News that the companies have entered exclusive negotiations over a supply contract sends Iron Ore shares soaring 19%
Rio Tinto plans to maintain an interest of up to 48% of Cloud Peak
Rio Tinto iron ore chief executive Sam Walsh says the mining giant has not heard of any objection from the European Commission to the proposed iron ore production joint venture with BHP Billiton Ltd in Western Australia.
Rio Tinto Ltd says iron ore sales to China could be priced differently to other markets from 2010 and is confident about better prices from the Asian giant and continuing Chinese economic growth.
David Peever has been named as the new managing director of the Australian arm of Rio Tinto Ltd, after the resignation of Stephen Creese earlier this month.
Gold stocks retreated in this morning’s trades as the spot price of dipped after reaching a new record of $1,070 an ounce.
Rio now owns 19.7% of the Vancouver-based company
ASX200 slumps almost 2% in early trading
Close of market report including BHP Billiton, Woodside Petroleum, Rio Tinto, Macquarie Group, Brickworks, Commonwealth Bank and Centro
The Australian share market advanced 1.5 per cent to a fresh 11-month high, driven by banks and resources stocks, and the expiry of derivatives contracts.
Second Alcan sale in two weeks
Market watch Woodside Petroleum, Rio Tinto, Macquarie Group, CSL Limited, Bluglass
Latest stock movements for Soul Pattinson, QBE Insurance, Worley Parsons, ASX Limited and JB Hifi
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The bigger picture: Enterprise risk management in financial services organisations
This Economist Intelligent Unit report explores the evolution of enterprise risk management (ERM) and risk practices among financial services companies. Read survey results and interviews with industry experts now.