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...Rio Tinto has appointed Bold Baatar, a charismatic Mongolian national touted as the Anglo-Australian company’s likely next leader, as chief commercial officer....
...Rio is not alone in generating little excitement. Mining as a whole is going through the glum end of the commodity cycle....
...Joining Rio after a career as an investment banker at JPMorgan in New York and London, Baatar has developed a reputation as one of the mining industry’s most dynamic executives, with a capacity to fix complicated...
...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
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...HOLD: Rio Tinto (RIO) Over-supply in copper and industrial minerals markets has weighed on prices, writes Mark Robinson. Talk about good timing....
...“We will continue paying attractive dividends and investing in the long-term strength of our business as we grow in the materials needed for a decarbonising world,” Rio chief executive Jakob Stausholm said...
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...More to the point, it carries a 40 per cent premium to the fast expanding luxury juggernaut LVMH. That sort of gap is only justified if L’Oréal is a significantly safer bet....
...Rapid growth in emerging markets including India, Brazil and Mexico provided a boost, accounting for 15 per cent of L’Oréal’s annual sales, but 30 per cent of its growth....
...“I am very pleased that we as Rio Tinto can now, in a more unconstrained way, grab the opportunities in this world.”...
...Rio Tinto’s iron ore shipments increased 3 per cent in 2023 and its forecast for 2024 points to only a slight increase in volume guidance....
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Early in December, several Rio Tinto insiders actioned trades in relation to the mining group’s bonus deferral awards....
...I’m not in the forecasting business, but my guess is that ESG will in a few years reside on the slag heap of alphabet ideologies. But I predict there will be a replacement for it....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...The mining giant’s $10bn-a-year in capital expenditure is markedly higher than its investment of between $5bn and $7.4bn annually over the past five years....
...Rio Tinto has agreed to pay a $28mn penalty to the US Securities and Exchange Commission to settle a suit over a disastrous investment in Mozambique more than a decade ago....
...Rio Tinto, one of China’s largest iron ore suppliers, is confident that a recent pick-up in activity in the country’s manufacturing sector will be sustained despite a property slowdown....
...Big share price moves in Europe today include UK-based miner Rio Tinto, German travel company Tui and UK grocery retailer Ocado: Rio Tinto: Shares in the Anglo-Australian company advanced 3.4 per cent after...
...The towers reference Pope.L’s piece “Eating the Wall Street Journal” (2000), a performance in which the artist, dressed only in a jockstrap and doused in flour, sat on a toilet placed atop a tall, four-legged...
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...“I come out of a long merchant culture,” Bradford says, of the appeal of the Rio Terà retail project....
...French beauty company L’Oreal grew its sales in the third quarter despite a more muted than expected recovery in China....
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
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