Chinalco says no plans for bigger Rio stake
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Aluminum Corp of China (Chinalco) sought to douse speculation on Monday that it was preparing to mount a counter bid to BHP Billiton  for Rio Tinto , saying it was happy to stick with the $14 billion stake it bought last week.
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A deal for Bain Capital Partners and China&#39;s Huawei Technologies to buy 3Com is on hold because the companies were unable to come to agreement with the U.S. Committee on Foreign Investment in the United States (CFIUS) about&#160;security concerns.
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China will not reassess its crackdown on the Tiananmen Square protests, a day after Zhao Ziyang's death.
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China's move to become the biggest shareholder in Rio Tinto could face scrutiny by Australian regulators.
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Chinese banking officials say they will not rush any moves to ease the yuan from its tight peg against the US dollar.
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China has muscled in on miner  BHP Billiton's  attempts to buy rival Rio Tinto ,  with its biggest aluminum producer teaming up with U.S. group  Alcoa  to buy a 12 percent stake in Rio.
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PHILADELPHIA/SYDNEY  - BHP Billiton   is unlikely to increase its $130 billion unsolicited proposal to acquire mining rival Rio Tinto   by a February 6 deadline, The Wall Street Journal reported on Monday. BHP could be trying to pressure Rio to negotiate by holding firm with its three-for-one share offer, which has yet to be formalized, the newspaper said, citing sources familiar with the company's plans.
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(InfoWorld) - Baidu.comÂ on Friday said its not planning to expand into Europe, followingÂ reportsÂ that China's largest search engine would announce such plans later this month. "Recent rumors alleging that Baidu.com is expanding into Europe are groundless," the company said in in a brief statement released through its public-relations firm in Beijing. On Sunday, the U.K.'s Telegraph newspaper reported that Baidu CFO Shawn Wang planned to announce details of a European expansion at a London conference. The newspaper did not name its source. While Baidu's business is largely focused on China, where it dominates the search market, the company recently launched a Japanese search engine as a first, tentative foray into the international market. That site remains blocked in China. Baidu officials have said they expect to spend $15 million onÂ the company's Japanese siteÂ this year. Â ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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Global miner Rio Tinto said Monday it was still discussing 2008 iron ore prices with customers after rival Vale of Brazil won a massive 65 percent increase from its Asian clients.
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Anglo-Australian mining giant Rio Tinto said Wednesday that it had rejected a 147.4-billion-dollar (100.9-billion-euro) takeover bid from peer BHP Billiton.
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Beverage giant Coca-Cola Co.  on Tuesday denied market rumors that it plans to buy its largest bottler Coca-Cola Enterprises Inc. (CEE) .
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Deutsche Boerse, operator of the German stock exchange, refused to budge on the terms of its offer to merge with Euronext, indicating it would not be drawn into a bidding battle with the New York Stock Exchange for the pan-European rival.
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Fresh off bumper earnings, Nintendo Co. ruled out a price cut for its smash-hit Wii video game console Friday and announced the company will being selling the Wii in China next year.
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The Chinese mining group Chinalco said that it had teamed up with the American aluminum producer Alcoa to buy a 12 percent in Rio Tinto.
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The Mexican cement giant could claim huge profits gains, but it doesn't.
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Is DellÂ ready to abandon its direct sales model to boost its prospects in China? The company says no.
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Asian search leader Baidu.com denies reports that it will expand into Europe.