Close
Log in
Please enter your login details

Skip to main content

Breaking News
  • At least 16 people killed and more than 50 injured when two buses collided in the Russian Far East, 125 kilometers from Khabarovsk
Facebook Twitter Google+ Reddit

Business wires

Rio Tinto to reveal capex cuts, earnings drop in first-half report

05/08 12:01 CET

Rio Tinto to reveal capex cuts, earnings drop in first-half report

By James Regan SYDNEY (Reuters) - Rio Tinto is likely to unveil additional capital spending cuts on Thursday when it posts a sharp drop in half-year profit due to lower commodities prices. Also, with construction spending winding down in iron ore operations as the Anglo-Australian miner nears its output targets, the results will signal to what extent greater economies of scale are offsetting a collapse in…

reuters

euronews provides breaking news articles from Reuters as a service to its readers, but does not edit the articles it publishes.

Copyright 2015 Thomson Reuters. Click For Restrictions.