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...In November, he struck the deal to sell Hertha Berlin to 777, which is pursuing a strategy of buying lower league football clubs, including Red Star FC in Paris, the Rio club Vasco da Gama and Italy’s FC...
...The amount was the total gross guarantee provided when Gupta’s GFG Alliance bought an aluminium smelter in Lochaber, near Fort William, and two nearby hydropower plants from Rio Tinto in 2016....
...The tasting menu costs DKK3,200 (£368) plus DKK1,800 for wine pairings; see koks.fo Disappointment The Rio Carnival. The Uber driver sighed when he understood where I was going....
...He describes one in the favelas of Rio, where he says it led the mayor to intervene and provide electricity and garbage collection and better conditions....
...Officials also reported GFG’s use of €25m from the Dunkirk smelter to pay off litigation costs that stemmed from a dispute with Rio Tinto over the original purchase, according to people briefed on the matter...
...Among the investors are some hefty industrial carbon emitters: Rio Tinto, which belches large volumes of carbon dioxide from its aluminium smelters; the giant oil producer and refiner Saudi Aramco and its...
...Alvance British Aluminium, based near Fort William and bought from Rio Tinto by Gupta’s GFG Alliance in 2016, is the company at the centre of a high-profile and controversial £586mn guarantee from the Scottish...
...None of these contracts create value for us,” says Guy Robert Lukama, head of the DRC’s state-owned mining company Gécamines....
...Sophy Roberts Ushawishi Kilifi, Kilifi, Kenya This summer, we lent out our house in Dorset and relocated to Kenya for a month. I still needed to work, so wanted somewhere peaceful to write....
...I imagined big, tall buildings like in Rio de Janeiro. And then they showed me Hollywood, and that was a huge disappointment!”...
...questions focused on several transactions carried out while the plant was under GFG’s control, such as a transaction whereby funds from Dunkirk were allegedly used to pay a $25mn legal settlement with Rio...
...GFG purchased the Dunkirk smelter at the end of 2018 from mining group Rio Tinto, borrowing $167mn more than it initially paid for the asset, through a series of debt deals....
...The guarantee allowed Gupta’s family business to acquire an aluminium smelter in Lochaber, near Fort William, and two nearby hydropower plants from Rio Tinto....
...She also previously worked with miner Rio Tinto on transparency and sustainability issues. MCRB said in on Friday that it was working to secure the immediate release of Bowman and Htein Lin....
...Rio Tinto has agreed to write off the $2.3bn Oyu Tolgoi loan it made to Mongolia to cover the government’s share of the development costs for the giant copper mine....
...“The Bolsonaro family and their supporters are keen readers of the Trump playbook,” says Robert Muggah, co-founder of the social policy institute Igarapé. “Many of their tactics are ‘cut and paste’....
...DO practise with sample questions, to help you identify your weaknesses and work on improving them, recommends Robert-Ribes. DON’T get stressed while doing the exam, says Robert-Ribes....
...Alexis Bay lives in Texas’s Rio Grande Valley. To her, it already feels like a “post-Roe world”....
...Rio Liu, a Beijing native and general manager of a domestic liquor company, is emblematic of the challenges now facing many in China’s middle class....
...High Power Exploration, the mining company controlled by billionaire businessman Robert Friedland, is planning a UK stock market flotation for its Guinean mine....
...Scotland provided the £586m guarantee in December 2016 to allow Gupta’s family business to acquire the smelter in Lochaber, near Fort William, and two nearby hydropower plants from Rio Tinto....
.../ From Robert Hopkins, Müstair, Graubünden, Switzerland...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. RIP ‘transitory’ Time to ditch “transitory”, Fed chair Jay Powell told the US Senate on Tuesday....
...Robert Heath Real Gabinete Português de Leitura, Rio de Janeiro Real Gabinete Português de Leitura opened in its current neo-Manueline building in 1888....
...GFG acquired the plant from Rio Tinto in 2018 for $500m and it is the jewel in the crown of Alvance, its European aluminium operation....
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