ABC Home | Radio | Television | News | Your Local ABC | More Subjects… | Shop

Video

Email

Rio rejects BHP takeover bid citing strong profits

Source: Lateline Business
Published: Tuesday, August 26, 2008 7:28 AEST
Expires: Monday, November 24, 2008 7:28 AEST

Rio Tinto has posted an $8 billion first-half profit. The company says the result proves its ability to create value and has again rejected BHP Billiton's takeover bid.

View Transcript

Tags: business-economics-and-finance, australia

Listen

Thai riot police patrol inside Suvarnabhumi airport in Bangkok

Stranded Aussies

Some Australians stranded in Bangkok are being told that their travel insurance won't be valid.

Watch

Flu sufferer

Sick genes

Scientists say they've pinpointed certain gene combinations which make some suffer longer than others.

News

collosal squid

Giant squid

A giant squid carcass stops traffic as it is moved to a New Zealand museum.