Latest

Trial into Brazil mining disaster to open in London
Trial into Brazil mining disaster to open in London

A long-awaited trial into whether Australian miner BHP is liable for one of Brazil's worst environmental disasters opens in London on Monday, potentially triggering compensation totalling billions of dollars. Vale has offered to share any compensation BHP ends up paying as a result of the London trial.

UN report says 1.1 billion people in acute poverty
UN report says 1.1 billion people in acute poverty

More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday, with children accounting for over half of those affected. The five countries accounted for nearly half of the 1.1 billion poor people. af-nr/bjt/jgc

China to boost credit for property market, renovate 1 mn homes
China to boost credit for property market, renovate 1 mn homes

China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to reignite the economy. "An additional one million worn-out homes... will be renovated," he added.