Premium Content
Subscriber only
Global resources giant Rio Tinto has released its 2020 shareholder dividend details after what the company described as âa challenging yearâ.
The company, which generated $15.9 billion USD ($20.5 billion AUD) from operating activities, employs more than 3000 people in Central Queensland.
The figure, six per cent higher than 2019, was primarily driven by higher iron ore prices and stability in operating performance.
Rio Tinto chief executive Jakob Stausholm said the company board had approved a total dividend of 557 US cents per share including a special dividend of 93 US cents per share. Rio Tinto chief executive Jakob Stausholm during the Rio Tinto AGM at the Westin Hotel in Perth.
Ex-finance minister and PML-N leader Miftah Ismail said PTI had not repaid a single penny of loan and its claim that they borrowed money to repay loans was fake
A group of major Argentine creditors has criticized the South American country for "erratic" economic policies that it says are hitting growth and weighing on bond prices five months after the government restructured some $65 billion in foreign debt.
Charities join forces to fight personal debt
National Party MP for Kaipara ki Mahurangi Chris Penk, left, discusses New Zealanders’ personal debt problems with Christine Liggins, from Debtfix, and Michael Ward, from Christians Against Poverty.
Representatives of organisations dedicated to reducing New Zealanders’ personal debt met in Warkworth last month in a quest to deliver better help to people struggling financially.
The hui, organised by Mahurangi-based debt solution service Debtfix, came in the wake of news that planned law changes to force lenders to be more responsible, which were due to be introduced in April, have been pushed back to October.