Business articles

Rio Tinto ships more iron ore as prices surge

Mining giant Rio Tinto reported Tuesday a ramp up in iron ore shipments on surging prices, but copper output disappointed amid production issues at its global mines.

Asian traders on edge ahead of May, Trump events

Asian investors moved warily Tuesday as they look ahead to a crucial week for two of the world’s top economies as Britain outlines its plans for leaving the EU and Donald Trump is sworn in as US president.

Italy in talks with EU over budget deficit: sources

Italy is in discussions with the European Commission to try to prevent Brussels imposing penalties over Rome’s management of its public finances, sources close to the talks said Monday.

Multinationals act on ocean-clogging plastics

Forty of the world’s biggest companies assembled in Davos agreed on Monday to come up with cleaner ways to make and consume plastic as waste threatens the global eco-system, especially in oceans.

IMF boosts US growth estimate on expected stimulus

The International Monetary Fund on Monday boosted its estimates for US growth on expected stimulus spending by the incoming Trump administration, but kept the forecast for global growth unchanged.

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