Rio Tinto was today considering opening its planned $19.5 billion (£11.7 billion) fundraising with Chinese investor Chinalco to all its shareholders.
Reports said the miner may cut the size of its planned $7.2 billion issue of bonds to Chinalco as part of its tie-up with the Chinese firm and raise more money via a rights issue.
That would allow all shareholders to take part, calming anger among those so far excluded.
Moody's has sent shockwaves through the global banking system and sparked fury in the City, as the ratings agency threatened to slash the...
One of London's most senior bankers is calling on the government to issue a renminbi-denominated bond as part of a charm offensive to boost...
"After going to hell and back this is a day to remember," said fired Olympus boss and whistle-blower Michael Woodford after seven executives...
Ian Cheshire, B&Q owner Kingfisher's chief executive, and his top team are set for bumper payouts after smashing its bonus scheme's targets
European stock markets were jittery and the euro has dropped to its lowest level in four weeks as the brinksmanship between Greece and its...
Add £1000 python skin Gucci handbags to the list of things that remain popular despite the economic gloom
BAE Systems has raised the prospect of further job cuts as Britain's biggest manufacturer announced a disappointing set of results for 2011...
The economy might be in dire straits but Brits still love a pint down the pub
Is it time for Unilever to consider breaking up?
Tonight:
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