The UK is preparing a huge energy bailout that could cost $175 billion

The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion) to shield households and businesses from soaring energy bills, increasing government borrowing at a time when investors are already on edge about the country’s finances.Story Published at: September 07, 2022 at 03:11PM

Rio Tinto must face lawsuit in US over Mongolian mine cost overruns

A US judge said Rio Tinto Plc must face an investor lawsuit accusing the Anglo-Australian mining giant of concealing delays and huge cost overruns at a Mongolian copper and gold mine owned by Turquoise Hill Resources Ltd, in which Rio Tinto has a majority stake.Story Published at: September 07, 2022 at 02:53AM