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."

Most Recent Videos

We Will Not See a Rate Hike in the U.S.: Matthews
34:48 - Feb. 2 -- Bank Julius Baer Head of Asian Research Mark Matthews discusses the key issues that could move markets this week with Bloomberg’s Yvonne Man on “First Up.”
  • Yuan Depreciation `Biggest Risk' Facing China: Shen
  • Raising a Glass To Aberdeen's Oil Men
  • Australian PM Fights for Political Survival