(MENAFN - AFP) Australia's richest person Gina Rinehart on Friday announced a US$7.2 billion funding package for her massive Roy Hill iron ore mine in Western Australia that will help feed Asian steel demand.
The deal, signed in Singapore Thursday, will see a consortium of 19 commercial banks from Australia, Japan, South Korea, China, Europe and Singapore, and a number ...
(MENAFN - AFP) A German panel ruled Thursday against the heirs of Jewish collectors seeking to recover a trove of precious medieval church artifacts, saying its sale in 1935 was not made under Nazi duress.
The dispute centres on the Guelph Treasure or "Welfenschatz" of gold, silver and gem-studded relics believed to be worth hundreds of millions of euros (dollars) in total.
(MENAFN - AFP) Luxury jeweller Bulgari on Thursday answered the Italian government's appeal for help in financing a renovation of Rome's famous Spanish Steps.
Bulgari, which was bought in 2011 by French luxury giant LVMH, will put 1.5 million euros ($2 million) towards the refurbishment which will begin in 2015 and last two years, Rome's mayor Ignazio Marino said.
(MENAFN - AFP) Brazil's anti-monopolies commission on Thursday said it had begun investigating allegations that transport providers, including several large international firms, had operated a price-rigging cartel for 15 years in major cities.
"Eighteen firms and 109 employees in the companies are accused of participating in illicit" price-fixing, said the Administrative ...
(MENAFN - AFP) All 28 EU member states have now signed up to an agreement to combat tax evasion after Austria and Luxembourg dropped their objections to a plan first mooted in 2008, officials said Thursday.
There "is a green light" from Luxembourg, Prime Minister Xavier Bettel said.
Luxembourg, an important financial centre, "has been advancing towards becoming a ...