Tag: Steel Demand
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China Slowdown Hits Rio Tinto Earnings Despite Revenue Gains
Mining giant Rio Tinto's net profit fell in 2025 as costs climbed and it took a hit from a slump in the Chinese economy, company results showed Thursday. The British-Australian firm said the results "demonstrate clear progress as we embed our ...
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...
China Slowdown Hits Rio Tinto Earnings Despite Revenue Gains
Mining giant Rio Tinto's net profit fell in 2025 as costs climbed and it took a hit from a slump in the Chinese economy, company results showed Thursday. The British-Australian firm said the results "demonstrate clear progress as we embed our ...