TransAsia Crash: Why Was Plane Allowed to Fly?

July 24 (Bloomberg) -- Forty-eight people are dead and 10 injured after a TransAsia Airways passenger plane crashed as it prepared to land on Taiwan’s outlying Penghu Islands. Bloomberg’s Deborah Mao reports on “First Up.” (Source: Bloomberg)

Walsh Sees a Tough 2016 For Rio Tinto, Worse Than 2015
18:36 - Rio Tinto Group, the world’s second-biggest mining company, scrapped its progressive dividend policy and set out new spending cuts as plunging commodity prices slashed full-year profit 51 percent. The producer joins rivals including Vale SA and Glencore Plc in trimming or abandoning dividend payments as a safeguard against the deepening commodities collapse. Chief Executive Officer Sam Walsh told Bloomberg’s "On the Move" host Guy Johnson he’s predicting a tough year ahead.
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