Rio Tinto moves closer to repairing its bruised relationship with Chinese state-owned metals group Chinalco after the pair sign a £1.9 billion deal to develop an iron ore mine in west Africa... more
Stock-market investors might have wished for a better start to the second half of the year. As it is they’ve taken something of a battering, with the prospect of further volatility to come ... more
Stock market investors might have wished for a better start to the second half of the year. As it is they've taken something of a battering, with the prospect of further volatility to come ... more
Mining giant Rio Tinto rallied from an opening fall to trade 41½p dearer at 2101½p today after 12% shareholder Aluminum Corporation of China (Chinalco) indicated that it will be taking up its entitlement to the group’s £8 billion 21-for-40 rights issue at 1400p... more
Shares in oil and gas giants BG Group, up 30p at 1057p, and Royal Dutch Shell, 26p better at 1603p, were the subject of a burst of takeover speculation... more
Trading got under way in Rio Tinto's nil-paid shares today after its announcement a couple of weeks ago that it would raise £8.8 billion by way of a 21-for-40 rights issue at 1400p. ... more
China's spurned Chinalco metals giant has rejected an olive branch from Rio Tinto chief executive after the London-listed mining giant pulled out of the pair's alliance, it emerged today... more
Rio Tinto was forced into a giveaway corporate fundraising after the collapse of its highly controversial $19.5 billion (£12.2 billion) deal with the Chinese
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It has been a day to remember for two of the Square Mile’s big-hitters, Citigroup and JPMorgan Cazenove, which were busily placing the rump of two recent rights issues ... more
Rio Tinto was today considering opening its planned $19.5 billion (£11.7 billion) fundraising with Chinese investor Chinalco to all its shareholders ... more
Who said money was cheap? Shares in Rio Tinto tumbled 114p to 2386p — making it one of the biggest blue-chip fallers — after it discovered the real cost to its coffers of raising extra funds... more
Life assurer Aviva’s generous dividend policy was back in the spotlight today after one of its fiercest rivals, Legal & General, decided to cut its payout to shareholders in order to conserve £120 million of cash.... more
Major investors in Rio Tinto have rejected suggestions that support for the Chinalco deal is growing, with one top 10 investor saying shareholders were still "deeply unhappy" with the deal... more
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more
Mining: Debt-laden miner Rio Tinto may try to persuade irate shareholders to back a $19.5 billion tie-up with Chinalco by offering them bonds on the same terms as the Chinese company... more
Mining: The Chinese government has been handed a seat at the mining industry's top table by a desperate Rio Tinto which was forced to sell prized assets to state-owned Chinalco in a exchange for an injection of nearly $20 billion cash... more
Bank shares came under the hammer again today following a big sell-off of bank shares on Wall Street overnight, where investors are fretting about their wholesale nationalisation in the wake of the US Treasury's $2 trillion bank rescue scheme... more
Rio Tinto dropped 55p to 1865p today as the miner remained locked in talks with its biggest shareholder Aluminium Corporation of China (Chinalco) about a massive cash injection... more
Merrill Lynch has taken the bold step of calling the bottom of the market in shares of British Airways, which was flying high among blue-chips today with a rise of 9.5p at 148.8p... more
Mining: Shares in Rio Tinto soared more than 7% as the miner confirmed it had bowed to pressure to seek a deal with its biggest shareholder for more cash... more
Peter Chambers, who as head of the investment arm of Legal & General is one of the most influential shareholders in the country, told the Treasury Select Committee last week how difficult it was to get boards and chief executives of companies to listen to the concerns of shareholders and act upon them... more
Mining: China's biggest aluminium group, Chinalco, suspends a three billion yuan (£254.9 million) bond issue as doubts grow over its $8 billion stake in Anglo-Australian miner Rio Tinto... more
London Gateway, the £1.5bn container port under construction on the Thames at Thurrock, will have capacity to unload six of the world's largest ships at one time and have as much impact on the capital as a new airport or half a dozen Westfield shopping centres
With London Fashion Week kicking off on Friday, British designer Matthew Williamson tells Rosamund Urwin about breaking up with his ex, post-show partying and his new model man
Tonight:
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