BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[More trouble for Rio Tinto in China]]>http://www.bloggingstocks.com/2009/08/10/more-trouble-for-rio-tinto-in-china/http://www.bloggingstocks.com/2009/08/10/more-trouble-for-rio-tinto-in-china/http://www.bloggingstocks.com/2009/08/10/more-trouble-for-rio-tinto-in-china/#commentsFiled under:

Early this morning, Rio Tinto (NYSE: RTP) found itself facing new allegations in the arrest of some of its employees in China. RTP is accused of overcharging Chinese steel mills by $100 million during the past six years, and the latest accusations cover the sale of iron ore.

To catch you up on the situation between RTP and the Chinese government, back in early July, RTP was accused of bribing officials and four of its employees were detained by authorities in Shanghai on suspicion of stealing state secrets. The allegations contended that the four employees bribed executives from 16 of China's major steel mills in order to obtain industry information.

Continue reading More trouble for Rio Tinto in China

More trouble for Rio Tinto in China originally appeared on BloggingStocks on Mon, 10 Aug 2009 10:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chinachinalcoeditorialeditorial claimsEditorialClaimsfeaturedgovernmentgovernment controversyGovernmentControversyRio TintoRioTintoRTPMon, 10 Aug 2009 10:20:00 EST<![CDATA[Alcoa: An ongoing aluminum apocalypse?]]>http://www.bloggingstocks.com/2009/02/13/alcoa-an-ongoing-aluminum-apocalypse/http://www.bloggingstocks.com/2009/02/13/alcoa-an-ongoing-aluminum-apocalypse/http://www.bloggingstocks.com/2009/02/13/alcoa-an-ongoing-aluminum-apocalypse/#commentsFiled under: , , ,

Aluminum giant Alcoa (NYSE:AA) announced on Feb. 12 that it was selling its holdings of iron ore company Rio Tinto (NYSE:RTP)to Chinalco for about $1 billion, nearly $700 million more than the current value of the holdings. And speculation has begun to surface that Chinalco will make a play for Alcoa, one of the world's largest producers of aluminum.


Continue reading Alcoa: An ongoing aluminum apocalypse?

Alcoa: An ongoing aluminum apocalypse? originally appeared on BloggingStocks on Fri, 13 Feb 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlcoaaluminiumbuyoutsChinaChinalcointhenewsmetalsminingFri, 13 Feb 2009 15:20:00 EST<![CDATA[Does Rio Tinto (RTP) deal put Alcoa (AA) in play?]]>http://www.bloggingstocks.com/2009/02/12/does-rio-tinto-rtp-deal-put-alcoa-aa-in-play/http://www.bloggingstocks.com/2009/02/12/does-rio-tinto-rtp-deal-put-alcoa-aa-in-play/http://www.bloggingstocks.com/2009/02/12/does-rio-tinto-rtp-deal-put-alcoa-aa-in-play/#commentsFiled under: , , , ,

Big China metals and mining firm Chinalco is putting over $19 billion into Rio Tinto (NYSE: RTP) which is in many of the same businesses. According to MarketWatch, "The investment by the state-owned company, known as Chinalco, would be the largest-ever foreign corporate investment by a Chinese company."

About $1 billion of the cash will be used to buy Rio Tinto shares held by Alcoa (NYSE: AA). Does the China deal put Alcoa in play? It may.

Continue reading Does Rio Tinto (RTP) deal put Alcoa (AA) in play?

Does Rio Tinto (RTP) deal put Alcoa (AA) in play? originally appeared on BloggingStocks on Thu, 12 Feb 2009 04:19:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAChinalcointhenewsRTPThu, 12 Feb 2009 04:19:00 EST<![CDATA[Newspaper wrap-up: Google looks to torpedo Microsoft's bid for Yahoo!]]>http://www.bloggingstocks.com/2008/02/04/newspaper-wrap-up-google-looks-to-torpedo-microsofts-bid-for-y/http://www.bloggingstocks.com/2008/02/04/newspaper-wrap-up-google-looks-to-torpedo-microsofts-bid-for-y/http://www.bloggingstocks.com/2008/02/04/newspaper-wrap-up-google-looks-to-torpedo-microsofts-bid-for-y/#commentsFiled under: , , , , , , , ,

MAJOR PAPERS:
OTHER PAPERS:
WEB SITES:
  • According to sources, Tech Crunch reported that News Corporation (NYSE: NWS) may be putting together a "syndicate" in order to make a counter offer for Yahoo!.

Newspaper wrap-up: Google looks to torpedo Microsoft's bid for Yahoo! originally appeared on BloggingStocks on Mon, 04 Feb 2008 08:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAAlcoaBHPBHP BillitonBhpBillitonChinalcoGOOGGoogleMicrosoftMSFTNews CorpNewsCorpNWSNWS.ARio TintoRioTintoRTPYahooYHOOMon, 04 Feb 2008 08:45:00 EST