The world’s biggest iron ore miner – whose shares are listed on the FTSE 100 index in London – blew up the two ancient caves in Pilbara, Western Australia in May to make way for a new mine.
Daily Mail Business Articles
ALEX BRUMMER: We must keep telecoms British
Jan Du Plessis and Philip Jansen, both of whom have form for selling great companies to the highest bidder, should not be allowed to defenestrate BT.
Hipgnosis snaps up Robert ‘RZA’ Diggs’ tunes
Under the deal, Robert ‘RZA’ Diggs (pictured) has sold 50 per cent of his copyright and royalties for a catalogue of 814 songs. Diggs co-wrote and produced almost all of the band’s albums
Pearson names Disney’s former boss as chief executive
The educational publisher has turned to Andy Bird to guide the company through its move to become a digital-first business. Bird will take up the position later in the autumn.
Bunzl boosted by demand for masks and gloves
Known for making small acquisitions aimed at growing specific parts of its business over the years, the outsourcer also announced it had entered into deals to buy MCR Safety and Abco Kovex.
Borrowers seeing credit card deals dwindle
The number of credit card deals offering interest-free balance transfers has tumbled to a record low of 54. The fall will hit customers particularly hard as the UK endures its first recession in 11 years.
Amigo board rejects proposals by founder saying his return would be “materially detrimental”
The fight between Amigo Loans and founder James Benamor increased this week following the boards rejection of Benemor’s recommendations to turn the business around
Mike Ashley promises to save jobs as Frasers Group snaps up DW Sports assets in £37m deal
Mike Ashley bought DW’s gym and fitness business and some of its stock, but the deal does not include the brand name DW, or the firm’s intellectual property.
Britons spending £46 a month on lockdown subscriptions
Even as shops reopened in July, subscription sales were up by 39 per cent compared to the same month last year, according to data from Barclaycard.
Shareholders hit as UK dividends drop by £14bn
Investors in British firms saw their income fall by £14billion – or 54 per cent – from April to June, making the UK the sixth worst-hit nation in the world.