Business
Rio walks away from Glencore mega merger on price impasse
The idea of a combination of the two companies has been discussed several times over more than a decade Rio Tinto Group is walking away…
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Rio
Business
Rio Tinto-Glencore merger may need asset sales to win over China
China’s antitrust regulator is likely to be concerned about a combined entity’s concentration in copper production and marketing…
Business
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of…
Business
Europe stocks close at record as Glencore jumps on Rio Tinto interest
Technology stocks led the advance in the Stoxx 600 on the day and logged their best week in nearly two years European shares ended on…
Business
Glencore and Rio in talks to form world’s biggest miner
Glencore and Rio Tinto Group are in talks about a US$207 billion deal that would create the world’s biggest mining company, a little over…
Business
Glencore and Rio Tinto in talks to form world’s biggest miner
Rio Tinto Group is in talks to buy Glencore to create the world’s biggest mining company with a combined market value of more than US$200…
News
Australia unveils rescue bid for Rio Tinto's Tomago aluminium smelter
“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony…
Business
Rio Tinto outlines plan to cut costs, raise productivity at strategy day
Rio Tinto CEO Simon Trott outlined a plan to focus on cost cuts and productivity gains at his first strategy day on Thursday (Dec 4) as he…
Business
Why this festival is Brazil’s most unique cultural experience — and the perfect pairing with Rio
Although I had visited Brazil before, I had never made it to the Amazon, which covers more than half the country. When I finally did, the…
Business
China’s mining giant Zijin tops US$100 billion in value to near BHP, Rio Tinto
China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push…
Unsorted
Iron ore hits over one-week high as Rio Tinto suspends work at Guinea mine
Iron ore futures touched a one-week high on Monday (Aug 25) as Rio Tinto suspended activity at its Simandou project in Guinea following an…
Business
Petronas said to seek US$1 billion for Rio oil field stake sale
Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian oil field Tartaruga…
Business
Rio Tinto posts smallest first-half profit in five years
It reported underlying earnings of US$4.81 billion for the six months ended June 30 Rio Tinto reported its smallest first-half underlying…
News
Brazil's police make 11 arrests in latest crackdown on drugs gangs in Rio de Janeiro
RIO DE JANEIRO (AP) — Brazilian police arrested at least 11 people on Tuesday during an early morning operation against drug trafficking…
Fashion
From The Archive: Rio de Janeiro Fashion Scene, 1974
There is always something new in fashion. On June 4, 1974, WWD explored what was new and in demand in Rio de Janeiro, calling attention to…
Culture
Viola Davis Embraces Springtime Florals in Alberta Ferretti Dress for ‘G20’ Screening in Rio de Janeiro
Viola Davis attended her latest promotional event on Friday in Rio de Janeiro for her forthcoming film “G20.” The venerated Oscar-winning…
News
RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions
Rio Tinto RIO has joined forces with BHP Group BHP and BlueScope to develop Australia’s largest ironmaking electric smelting furnace (ESF)…
Unsorted
Rainbow-laden revelers hit Copacabana beach for Rio de Janeiro’s pride parade
RIO DE JANEIRO (AP) — Thousands of revelers gathered alongside Copacabana beach for Rio de Janeiro’s annual pride parade on Sunday, many…