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...BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500, according to S&P Capital IQ and Refinitiv....
...The injection by the New York-listed company follows investments from miner Rio Tinto and Indian battery group Amara Raja late last year, and comes as backers pour money into these start-ups, which are expected...
...So it turned out once again for the Rio de Janeiro club now owned by serial soccer investor John Textor, after its dreams of a first national championship in nearly three decades were dashed....
...Final Whistle Botafogo remain top of the Brazilian football league table, for now, but had their advantage over second placed Palmeiras cut from six points to three this week after a ludicrous match in Rio...
...Rio Tinto wants to grow in lithium but has warned against the risk of overpaying for takeovers....
...We are listening to what people are telling us,” says María Díaz del Río, chief of staff for the Citi unit that is running the programme....
...Tyler Broda, analyst at RBC Capital Markets, said Rio’s cash flow would “evaporate” in 2023. “Rio will see its free cash flow compress by 75 per cent on numbers next year,” he added....
...“In other crises the industry made the mistake of reducing graduate intake dramatically, so when markets rebounded we didn’t have enough people and were missing entire generations,” said María Díaz del Río...
...By early 2021, Rios was thinking it couldn’t last....
...brings KKR back in play (Lex) Chinese metals group wins respite from banks on nickel bet (FT) Law firm DLA Piper to exit Russia as industry split deepens (FT) The Office Group agrees £1.5bn merger (FT) Rio...
...The result was a 40 per cent drop in the primetime audience compared with the Rio de Janeiro Olympics in 2016....
...Face-to-face talks with a team led by Rio’s head of copper Bold Baatar are starting in Ulaanbaatar this week....
...During the Rio Olympics in 2016, the battle was mostly split between the DSLR cameras of Canon and Nikon....
...Peter Toth, head of strategy and development at Rio Tinto, is leaving the company after eight years to join the gold miner Newmont in a similar role....
...The period since then, however, has been rich with memorable leaps in innovation, such as the introduction of Gore-Tex, a waterproof fabric, in 1979; Reebok’s Pump technology, released in 1989, with an air...
.... ©2022 Nikkei Inc....
...leather to be truly ethical (FT) Biden paves way for ESG retirement funds in reversal from Trump (FT) Etihad raises $1.2bn in sustainability-linked debt (Reuters) ‘Patience could run out’: Mongolia warns Rio...
...Job moves Rio Tinto has appointed an indigenous Australian to its board for the first time as the mining group grapples with the fallout from the destruction of a 46,000-year-old sacred Aboriginal site...
...Executive pay has become the biggest flashpoint at AGMs in the UK this year, with companies including Informa, Rio Tinto and Cineworld suffering large rebellions in recent months....
...Once someone who might have thought Gore-Tex a niche genre of horror movie, he is now scouring the internet for sold-out retro-style running trousers from a Nike x Undercover Gyakusou collection with Japanese...
...Rio Tinto has named Isabelle Deschamps as its chief legal officer and head of external affairs, replacing Barbara Levi....
...In the last three months of 2020, the company said it had signed 21 contracts worth $5m or more each with the likes of Rio Tinto, PG&E, the US army, the Food and Drug Administration and the NHS in the UK...
...Upon relaunch, the P2P payment service will be initially available in the cities of Rio de Janeiro and São Paulo, for people with debit, prepaid or combo cards — which combine debit and credit functions...
...In 2020, government-related revenue rose 77 per cent while commercial deals with the likes of Rio Tinto and BP increased 22 per cent. The sales boost may not last....
...Only 18 companies, including Eni and Rio Tinto, had committed to ensuring the lobbying by trade associations that they supported were in line with the Paris Agreement....
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