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Topic: Yancoal
Business bites: Rio ‘streamlines’ … coal price declines … Glencore shuts its mines …

Business bites: Rio ‘streamlines’ … coal price declines … Glencore shuts its mines …

Rio Tinto's "streamlining" is great for shareholders -- less so for workers. And other business tidbits of the day.

Yanzhou walks, taking our foreign investment credibility with it

Yanzhou walks, taking our foreign investment credibility with it

After successfully lobbying to overturn the conditions of its foreign investment approval, Chinese coal major Yanzhou has abandoned its takeover of Yancoal, Glenn Dyer and Bernard Keane write.