• Most Popular
  • Most Shared

Rio Tinto says surprised by China allegations

SYDNEY
Fri Jul 10, 2009 7:16am EDT

SYDNEY (Reuters) - Rio Tinto said on Friday that it was surprised at allegations made by Chinese authorities relating to employees arrested in Shanghai.

"Rio Tinto is following developments very closely," a company spokesman said.

"The group is surprised by the allegations and is not aware of any evidence that would support these allegations."

Chinese authorities on Sunday arrested four Rio Tinto employees, including top iron ore salesman in China, Australian Stern Hu, alleging they were involved in stealing state secrets. The affair has cast a shadow over Australia-China relations.



More from Reuters

Photo

Senate panel approves Bernanke nomination

WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video

President Barack Obama delivers remarks at Lehigh Carbon Community College in Allentown, Pennsylvania, December 4, 2009. REUTERS/Jim Young
Analysis:

Would you give him a B+ too?

"I told Michelle when we got here that in six months my poll numbers will start crashing," says President Obama. He's not worried -- yet.  Full Article 

Bernd Debusmann

Burning borrowed money

The Pentagon burns through $5 million in borrowed money every hour in Afghanistan and the amount is expected to more than double once additional troops are deployed.   Commentary