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Rio Tinto PLC

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  • Top shareholders in crisis-hit Rio Tinto have identified an unusual scapegoat for the hapless takeovers that triggered the company's eye-watering $14 billion writedown - each other.

  • Rio Tinto's New Chief to Turn Company Around?  Thursday, 17 Jan 2013 | 5:45 PM ET

    Jonathan Barratt, Founder, Barratt's Bulletin says Rio Tinto remains a takeover target but he thinks new CEO Sam Walsh can turn the company around.

  • Banks Up Price Targets on Rio Tinto  Thursday, 17 Jan 2013 | 11:00 AM ET

    Paul Renken, senior geologist at VSA Capital, explains why investment banks are upping their price targets on Rio Tinto after the new CEO announcement.

  • Retailers Help European Shares Edge Up on Sales Boost Thursday, 17 Jan 2013 | 8:40 AM ET

    European shares closed higher on Thursday afternoon after stronger-than-expected U.S. jobs data.

  • Early Movers: BAC, BLK, UNH & More Thursday, 17 Jan 2013 | 7:55 AM ET

    Some of the names on the move ahead of the open.

  • Asian Stocks End Mixed; China Data Eyed Thursday, 17 Jan 2013 | 5:05 AM ET

    Asian shares ended mostly lower on Thursday, paring initial gains as investors cashed in their chips following recent rallies with demand also capped by caution ahead of Chinese data on Friday.

  • Rio Tinto Blame Game Begins After Big Writedown Thursday, 17 Jan 2013 | 4:32 AM ET

    Rio Tinto, the mining giant, was in turmoil Thursday morning after the abrupt departure of its chief executive and the announcement of a $14 billion writedown.

  • Rio Tinto CEO Resigns After $14 Billion Charge Thursday, 17 Jan 2013 | 2:55 AM ET

    Global miner Rio Tinto has announced the surprise resignation of its chief executive after taking a $14 billion charge in connection with Tom Albanese's two most significant acquisitions, Mozambican coal and aluminium.

  • European Stocks Pare Losses to Close Flat Wednesday, 16 Jan 2013 | 10:47 AM ET

    European shares ended mostly flat on Wednesday, bouncing off intraday lows as many investors used the early dip to boost their exposure to equities.

  • Asian Shares Close Lower on Profit Taking Wednesday, 16 Jan 2013 | 5:10 AM ET

    Asian shares ended in the red on Wednesday as cautious investors waited for crucial economic data from China later this week, while the yen's extended gains spurred profit taking in Japanese equities after their recent rally.

  • Tech Sector Tumble Hits European Shares Tuesday, 15 Jan 2013 | 9:34 AM ET

    Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.

  • Japan's Nikkei Hits 32-Month High; Asia Slips Tuesday, 15 Jan 2013 | 5:11 AM ET

    Japanese shares surged to multi-year highs on Tuesday on rising expectations that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Meanwhile, other Asian stock markets struggled as gains were capped on earnings caution.

  • Rio Tinto Numbers Surprise on the Upside  Tuesday, 15 Jan 2013 | 2:10 AM ET

    Paul Renken, senior geologist at VSA Capital, tells CNBC that Rio Tinto figures have surprised on the upside, suggesting some demand for iron ore.

  • Rio Tinto Output Tops Forecast on Resurgent China Monday, 14 Jan 2013 | 11:39 PM ET
    A haul truck is loaded by a digger with material from the pit at Rio Tinto Group's West Angelas iron ore mine in Pilbara, Australia.

    Rio Tinto said on Tuesday its iron ore production beat its own guidance to hit 253 million tons in 2012, as the miner cashes in on resurgent Chinese demand that has driven up prices in recent months.

  • Asia Posts Modest Gains, Led by China Stocks Monday, 14 Jan 2013 | 5:10 AM ET

    Asian stocks ended slightly higher on Monday, helped by a 3 percent boost in mainland Chinese shares but trading volume remained light with Japanese financial markets shut for a public holiday.

  • Mining Stocks Halt Europe Rally Friday, 11 Jan 2013 | 10:29 AM ET

    European equities stalled on Friday, with weak economic data from the United States and concerns about the scope for more stimulus in China giving investors the excuse to lock in profits.

  • China at 4-Month Low on CPI Data; Japan Rallies Friday, 11 Jan 2013 | 5:15 AM ET

    Asian shares ended mixed on Friday as a pick-up in Chinese inflation prompted profit taking, with mainland shares slumping 1.8 percent. But Japan's Nikkei managed to defy broader regional weakness as the yen logged fresh losses.

  • Asian Shares Cheer Strong China Trade Data Thursday, 10 Jan 2013 | 5:10 AM ET

    Asian shares ended higher on Thursday as much stronger-than-expected Chinese trade data magnified positive momentum from global markets overnight, strengthening signs of recovery in the world's second-largest economy.

  • Asia Steady After Profit Taking; Earnings Eyed Wednesday, 9 Jan 2013 | 5:05 AM ET

    Asian shares ended mixed on Wednesday after rounds of profit taking from a sharp rally at the start of the new year subsided, while investors waited warily for corporate earnings season to kick off in full force.

  • Business Leaders Warn Cameron on EU Exit Wednesday, 9 Jan 2013 | 1:44 AM ET
    David Cameron

    UK business leaders, including Virgin Group founder Richard Branson and WPP chief executive Martin Sorrell, warned Prime Minister David Cameron in a letter to the Financial Times on Wednesday that he risks hurting Britain's businesses if he proposes to exit the European Union.