Rio Tinto CEO Albanese Resigns Over $14B Write-Down
Jan. 17 (Telegraph) -- Bloomberg's Tom Keene reports that Tom Albanese suddenly resigned as chief executive of mining giant Rio Tinto over a $14bn write-down of its assets following bad deals, stating that “accountability” for the hit rested with him. He speaks on Bloomberg Television's "Bloomberg Surveillance."
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Full Show: Surveillance (10/26)
07:19 - Bloomberg Surveillance hosted by Tom Keene, Anna Edwards, and Mark Barton. Guests include Simon French, chief economist at Panmure Gordon, Saadia Zahiki, head of gender initiatives at World Economic Forum, Mark Phelps, chief investment officer for concentrated global growth at AB, Arnab Das, head of Emerging Markets macro research at Invesco Asset Management, Joe Quinlan, chief market strategist at U.S. Trust, and Dominic Konstam, global head of interest rates research at Deutsche Bank, and Walter Piecyk, analyst at BTIG. (Source: Bloomberg)