Rio Tinto Plc's chief executive officer J-S Jacques and two other executives will step down following criticism of the mining giant's destruction of two ancient rock shelters in Western Australia.
Rio detonated explosives in May in an area of the Juukan Gorge, destroying the 46,000-year-old Aboriginal heritage site in Western Australia.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.