Industry
Rio Tinto may battle Indian steel majors for Riversdale Mining
21 Dec 2010
Rio Tinto, the world’s third-largest mining company, yesterday formalised a A$3.78 billion bid for Mozambique-focused coal miner, Riversdale Mining - a move likely to attract counter bids from Indian and global steel majors.
Rio Tinto may battle Indian steel majors for Riversdale Mining
21 Dec 2010
Rio Tinto, the world’s third-largest mining company, yesterday formalised a A$3.78 billion bid for Mozambique-focused coal miner, Riversdale Mining - a move likely to attract counter bids from Indian and global steel majors.
Novartis plans $500 million investment in Russia
21 Dec 2010
ANZ puts Oswal's Burrup Fertilisers in Australia under receivership
20 Dec 2010
Oswal, who blamed partner Yara's refusal to support Burrup's plan to increase ammonia price for the unfortunate situation, welcomed attempts by the bank to broker a resolution.
CBI summons Raja for questioning
20 Dec 2010
Anglo American mulls buying Oppenheimer family's stake in De Beers
20 Dec 2010
Anglo American, the diversified mining company, is mulling purchase of the Oppenheimer family's stake in De Beers, in a bid to gain full control of the world’s largest diamond company.
South Africa’s Wesizwe Platinum secures $877 million Chinese funding
20 Dec 2010
The current deal is also the latest instance of China locking resources around the world to ensure continued growth for its booming economy – the worlds second largest.