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One of Mining’s Top Female Leaders Vows Change After Abuse

(Bloomberg) -- Complaints about workplace conduct at Rio Tinto Group have almost doubled in the wake of inquiries that exposed a mining industry rife with sexual abuse, harassment and racism, according to one of the sector’s highest profile female executives.Most Read from BloombergChina Announces Sanctions on Nancy Pelosi Over Taiwan TripChina Likely Fired Missiles Over…

2022-08-13T07:41:22+00:00

Rio Tinto attracts several proposals to build 4 GW of

Global miner Rio Tinto has received several offers to build 4 gigawatts (GW) of wind and solar farms to power its alumina and aluminium operations in Australia's Queensland state, the company's Australia head said on Friday. Rio Tinto Chief Executive Officer Australia Kellie Parker said the company, the country's biggest single power user, had received…

2022-08-12T07:38:23+00:00

FOREX-Dollar on backfoot ahead of key U

The dollar crept higher on Friday but struggled to recoup its losses after falling by its sharpest pace in two weeks, as investors remained on tenterhooks ahead of U.S. jobs data and amid growing worries about a recession. The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.15% to…

2022-08-11T07:37:59+00:00

Analysis-Global rice supplies at risk as harsh weather hits top

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation that is already near record highs. Rice has bucked the trend of rising food prices amid bumper crops and large inventories at exporters over the…

2022-08-10T07:36:51+00:00

RPT-COLUMN-BoE being goaded into ‘scorched earth’ policy :Mike Dolan

Torn between inflation and recession, the Bank of England is being pushed hard by a UK government-in-flux into a scorched earth monetary policy now and possibly an equally dramatic and unnerving U-turn next year. Foreign Minister Liz Truss, overwhelming favourite to replace Boris Johnson as Prime Minister next month, plans looser fiscal policy via largely…

2022-08-09T07:35:33+00:00

Stocks Notch Weekly Gain After Jobs Data Surprise: Markets Wrap

(Bloomberg) -- US stocks notched a weekly gain after a surprisingly strong jobs report alleviated recession fears but cleared the path for the Federal Reserve to raise rates sharply at its next meeting. The S&P 500 suffered a decline on Friday after falling as much as 1.1% during the session. But the index and the…

2022-08-07T07:33:39+00:00

AngloGold Ashanti CEO sees inflation pressure easing next year

JOHANNESBURG (Reuters) -AngloGold Ashanti's CEO expects inflationary pressures to ease next year, he said on Friday after the miner joined rivals in reporting a hit to half-year profit and forecast that costs would be at the top end of guidance this year. Lower commodities prices in 2023 are likely to bring the company's costs inflation…

2022-08-06T07:24:12+00:00

India’s RBI Sticks to Hawkish Stance Amid Inflation Fight

(Bloomberg) -- India’s central bank returned borrowing costs to pre-pandemic levels and pledged to do “whatever it takes” to bring inflation back to target, reiterating a hawkish stance that sent bond yields and the rupee higher. Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear…

2022-08-05T07:20:03+00:00
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