Tag «europe»

Strong start to Fourth Antwerp Diamond Trade Fair, as buyers arrive from China, Europe, Middle East, Russia and USA

Antwerp, Belgium – January 27, 2013:The fourth edition of the Antwerp Diamond Trade Fair opened today in Antwerp, Belgium. With scores of visitors waiting in line to collect their badges at the registration desk, foot traffic in the corridors of the Antwerp Diamond Bourse and the Diamond Club of Antwerp was strong, turning the exhibition …

Rio Tinto impairments and management changes

Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion (post tax) in its 2012 full year results. These impairments include an amount of approximately US$3 billion relating to Rio Tinto Coal Mozambique (RTCM), as well as reductions in the carrying values of Rio Tinto’s aluminium assets (mostly Rio Tinto Alcan (RTA) …

Rio Tinto Finance plc prices Euro and Sterling fixed rate notes

Rio Tinto has priced EUR 1.25 billion and GBP 500 million of fixed rate notes under its European Debt Issuance Programme. The notes will be issued by Rio Tinto Finance plc and will be unconditionally and irrevocably guaranteed by Rio Tinto plc and Rio Tinto Limited. The Euro denominated offering comprises (i) long 7-year notes …

European consumers do not expect rapid economic recovery

Findings of the GfK Consumer Climate Europe and USA for the third quarter of 2012 Nuremberg, 16 October 2012 – In the summer months, the European Union (EU) struggled with new sources of uncertainty. First, the interest rates for Spanish and Italian bonds shot up. Second, it was unclear for some time whether Germany would …

worldsteel Short Range Outlook 2012

New Delhi 11 October 2012 – The World Steel Association (worldsteel) today released its October 2012 Short Range Outlook (SRO) for 2012 and 2013, the half year revision from its April 2012 statement. worldsteel forecasts that global apparent steel use will increase by 2.1% in 2012, which is considerably lower than the 6.2% growth achieved …

Text of the Inaugural Address by the Union Finance Minister Shri P Chidambaram at the Economic Editors’ Conference 2012 today

Following is the complete text of the Inaugural Address by the Union Finance Minister Shri P Chidambaram at the Economic Editors’ Conference 2012 here today: “On behalf of Government of India, I welcome you to the Economic Editors’ Conference. Economic journalists, especially those who are based in places other than the capital, look forward to this annual …