Chinese buy 12% of Rio Tinto
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Business & money: Â£7bn dawn raid marks new level of foreign investment as shares in target jump 13% on purchase
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China's state-owned Chinalco said Monday it had no plans to increase its stake in miner Rio Tinto after acquiring 12 percent of the London-listed arm of the company in a joint share raid with Alcoa Inc.
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HSBC is buying the consumer finance division of Brazil's Indusval Multistock Group for $124m.
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Rio Tinto Group, the world&#39;s third- largest mining company, said it may sell its 51 percent stake in the Morro do Ouro gold mine in Brazil, which supplies about 8 percent of the South American nation&#39;s gold.
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China and a US company buy a $14bn stake in mining giant Rio Tinto, in China's largest foreign investment.
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British banking giant Royal Bank of Scotland is in talks to buy 19.9 percent of Suzhou Trust in China, its latest attempt to ramp up its position in the Chinese market, state media said Wednesday.
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Takeover target Rio Tinto unveils a profit of $7.44bn for 2007 - 1% higher than a year earlier.
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The sale of shares by the Industrial and Commercial Bank of China as part of an I.P.O. could set a record by raising a project $19 billion.
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PERTH (Dow Jones)--Having secured Chinese iron ore sales worth US$12.2 billion, Australia-based global miner BHP Billiton Ltd. (BHP) said Tuesday that a further aggressive
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The 12-month totals for Chinese trade balances with Europe, the United States and the rest of the world.
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Part of Hewlett-Packard's Chinese operations is up for sale as the company's Chinese partner looks to sell its stake.
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China Petroleum &amp; Chemical Corp., Asia&#39;s largest oil refiner, offered HK$3.8 billion ($492 million) to buy shares of Sinopec Beijing Yanhua Petrochemical Co.
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Commonwealth Bank of Australia said it may buy 11 percent of Jinan City Commercial Bank, the first such purchase by an Australian lender in China, the fastest- growing among the world&#39;s 20 biggest economies.
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MELBOURNE/SYDNEY  - Rio Tinto's   shares surged on Wednesday amid market talk that an improved offer had prompted the firm to open its books to suitor BHP Billiton   and media reports which said Rio had signaled a price at which it would sell out.
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In a story Oct. 21 on Chinese investments overseas, The Associated Press incorrectly reported that Global Crossing was sold to a joint venture owned by Hutchison and Singapore Technologies Telemedia. Hutchison withdrew from the deal and ST Telemedia proceeded alone in purchasing Global Crossing.
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Global miner Rio Tinto was near a deal  to buy Canadian aluminum giant Alcan Inc. for about $100 per  share, or $37 billion, The Wall Street Journal Online reported  on Thursday.
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Per 12 mln dollari, e' il secondo produttore tv in Cina