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Delta Air Lines Inc. (NYSE:DAL) and Australia's Virgin Blue Airlines Group received a three-year approval from the Australian Competition and Consumer Commission for a joint venture where they will coordinate operations between the U.S. and Australia, including on pricing, revenue management, schedules, capacity and routes flown.ACCC chairman Graeme Samuel said...
Posted on November 2, 2009 12:23 PM
Aluminum Corp. of China, known as Chinalco, is reportedly willing to take less of a stake in Rio Tinto plc (NYSE:RTP).Besides the fact that the debt-ridden mining giant's stock price had made a slow but steady climb since January, making some concessions will help allay political fears of China...
Posted on May 21, 2009 8:15 AM
The deal: Aluminum Corp. of China, known as Chinalco, would acquire assets and stock in debt-laden mining giant Rio Tinto plc (NYSE:RTP) for $19.5 billion.The pols: Prime Minister Kevin Rudd (pictured), Australian Parliament Opposition Leader Malcolm Turnbull and Australian Treasurer Wayne Swan.The worry: Will China gain too much control of...
Posted on May 1, 2009 1:55 PM
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