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 Australia's Trade Minister Simon Crean speaks at a press conference on the Bund in Shanghai, China, Saturday, July 11, 2009. After meeting with Chinese officials Crean said he expressed "strong concern" about the detention of a Rio Tinto Ltd. employee on spying charges. (AP Photo) The Big Money
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Syndicate This PageBEIJING -- Australian officials said Sunday that China has not given them any evidence to support its detention of an Australian mining executive on spying charges and warned that the affair could discourage foreign companies from doing business there.
BEIJING -- The detention of an Australian Rio Tinto Ltd. employee on spying charges could damage the business environment for foreign companies wanting to work in China, an Australian cabinet minister said Sunday.
More News
Talks intensify over closing Calif.'s $26B deficit (AP, July 11, 2009; 11:25 PM)
Planet Hollywood agrees to pay $500,000 fine in NV (AP, July 11, 2009; 8:57 PM)
New group plans offer for bankrupt NHL Coyotes (Reuters, July 11, 2009; 5:17 PM)
CIT Group said to hire bankruptcy adviser (AP, July 11, 2009; 4:28 PM)
Obama says stimulus plan to kick in later this year (Reuters, July 11, 2009; 3:13 PM)
Obama says stimulus plan to kick in later this year (Reuters, July 11, 2009; 3:13 PM)
Obama says stimulus plan to kick in later this year (Reuters, July 11, 2009; 3:13 PM)
Big media seek 21st century business models (Reuters, July 11, 2009; 1:43 PM)
Big media seek 21st century business models (Reuters, July 11, 2009; 1:43 PM)
VW sweetens bid for half of Porsche AG: report (Reuters, July 11, 2009; 1:19 PM)
Geithner: Too soon to decide on more stimulus (Reuters, July 11, 2009; 12:24 PM)
Geithner: Too soon to decide on more stimulus (Reuters, July 11, 2009; 12:24 PM)
Geithner: Too soon to decide on more stimulus (Reuters, July 11, 2009; 12:24 PM)
Saudi Electricity seeks bidders for Riyadh project (Reuters, July 11, 2009; 11:50 AM)
Obama rejects 2nd stimulus: Give recovery time (AP, July 11, 2009; 6:11 AM)
ALL BUSINESS: More toxic loans could haunt banks (AP, July 11, 2009; 5:43 AM)
Rain washes away tourism dollars in Northeast (AP, July 11, 2009; 5:35 AM)
CIT Group shares dive as government aid uncertain (AP, July 11, 2009; 5:16 AM)
Australian expresses concern over Rio detention (AP, July 11, 2009; 2:45 AM)
California's creditors look to options for IOUs (AP, July 11, 2009; 2:39 AM)
ALL BUSINESS: More toxic loans could haunt banks (AP, July 11, 2009; 12:00 AM)
House Dems want to tax the rich for health care (AP, July 10, 2009; 11:33 PM)
World has avoided economic disaster, Obama says (AP, July 10, 2009; 9:21 PM)
G-8 is not enough: Calls for larger, recast group (AP, July 10, 2009; 9:05 PM)
Administration considers help for small business (AP, July 10, 2009; 8:35 PM)
Big media seek 21st century business models (Reuters, July 10, 2009; 8:27 PM)
Big media seek 21st century business models (Reuters, July 10, 2009; 8:27 PM)
Regulators shut small Wyoming bank (AP, July 10, 2009; 7:53 PM)
Calif. furloughs prompt strike threat from union (AP, July 10, 2009; 7:46 PM)
NYC legal fees for Madoff trustee top $14 million (AP, July 10, 2009; 7:23 PM)
CEO vows better performance as GM exits bankruptcy (AP, July 10, 2009; 7:20 PM)
Waning U.S. consumer mood raises recovery questions (Reuters, July 10, 2009; 7:19 PM)
Montana gov blasts GM mine contract cancellation (AP, July 10, 2009; 7:19 PM)
University chief proposes furloughs to cut costs (AP, July 10, 2009; 7:17 PM)
Some NWA flight attendants want to wear red dress (AP, July 10, 2009; 7:05 PM)
Chicago lawyer convicted in Refco fraud (AP, July 10, 2009; 6:54 PM)
WTC owners offer plan to finance 2nd skyscraper (AP, July 10, 2009; 6:46 PM)
Lancelot Investment accused of aiding Ponzi scheme (AP, July 10, 2009; 6:46 PM)
Delphi receives no new bidders on assets (AP, July 10, 2009; 6:41 PM)
CAW says Chrysler Canada will save 1,200 jobs (AP, July 10, 2009; 6:40 PM)
CAW says Chrysler Canada will save 1,200 jobs (AP, July 10, 2009; 6:40 PM)
Products recalled due to possible salmonella risk (AP, July 10, 2009; 6:24 PM)
Contentious NY Refco jury reaches partial verdict (Reuters, July 10, 2009; 6:18 PM)
Amgen appoints Harvard business professor to board (AP, July 10, 2009; 6:12 PM)
American Axle working through restructuring plan (AP, July 10, 2009; 6:09 PM)
The Dow Jones industrials' moves since Lehman fall (AP, July 10, 2009; 6:09 PM)
FDA clears Eli Lilly's blood thinner Effient (AP, July 10, 2009; 6:08 PM)
Lockheed gets $262M Air Force Contract (AP, July 10, 2009; 6:06 PM)
Social networking aggregator sues Facebook (AP, July 10, 2009; 6:03 PM)
Geithner seeks more control on derivatives (Reuters, July 10, 2009; 5:57 PM)
Business Highlights (AP, July 10, 2009; 5:50 PM)
Plea deal in Conn. millionaire slaying case (AP, July 10, 2009; 5:50 PM)
Stocks post 4th straight week of losses (AP, July 10, 2009; 5:48 PM)
Toyota considering dissolving Nummi joint venture (AP, July 10, 2009; 5:47 PM)
Sands Bethlehem impact not as bad as feared in AC (AP, July 10, 2009; 5:44 PM)
Poor leave Calif. at higher rate than rich (AP, July 10, 2009; 5:40 PM)
Smthg gr8 4 brkfst? Twitter's hyper-short recipes (AP, July 10, 2009; 5:37 PM)
JPMorgan wants U.S. to auction its TARP warrants (Reuters, July 10, 2009; 5:34 PM)
Gannett implements layoffs at US newspapers (AP, July 10, 2009; 5:33 PM)
How the major stock indexes fared on Friday (AP, July 10, 2009; 5:28 PM)
Text of Obama's news conference on Friday (AP, July 10, 2009; 5:26 PM)
Murdoch's UK arm denies phone hacking allegations (Reuters, July 10, 2009; 5:22 PM)
CIT Group, Chevron, AIG are big movers (AP, July 10, 2009; 5:20 PM)
May trade deficit unexpectedly drops to $26B (AP, July 10, 2009; 5:14 PM)
Federal jury rejects Altria's tax shelter claim (AP, July 10, 2009; 5:11 PM)
Treasurys jump as investors seek safety (AP, July 10, 2009; 5:11 PM)
Credit card pain: Some say goodbye to fixed rates (AP, July 10, 2009; 5:04 PM)
Dollar trades higher on earnings jitters (AP, July 10, 2009; 5:04 PM)
Geithner: Stimulus is working and on right path (AP, July 10, 2009; 4:57 PM)
Walgreen promotes CFO to additional VP position (AP, July 10, 2009; 4:55 PM)
Creditors oppose extending Lehman plan deadline (Reuters, July 10, 2009; 4:51 PM)
Investors avoid commodities ahead of earnings (AP, July 10, 2009; 4:50 PM)
Some routes not covered by antitrust immunity (AP, July 10, 2009; 4:46 PM)
DOT grants antitrust immunity to Continental (AP, July 10, 2009; 4:40 PM)
Panel: Banks underpaying gov't to exit bailout (AP, July 10, 2009; 4:38 PM)
AP Source: AIG consults administration on bonuses (AP, July 10, 2009; 4:26 PM)
U.S. federal jury rejects $24 mln Altria tax refund (Reuters, July 10, 2009; 4:21 PM)
CIT Group shares dive as government aid uncertain (AP, July 10, 2009; 4:20 PM)
Conn. businessman convicted in oil bribe case (AP, July 10, 2009; 4:18 PM)
Business events scheduled for the coming week (AP, July 10, 2009; 4:12 PM)
Death and taxes: Big IRS bill looms for MJ estate (AP, July 10, 2009; 4:00 PM)
Agriculture futures trade mixed on the CBOT (AP, July 10, 2009; 3:54 PM)
Oil below $60 as earnings season opens (AP, July 10, 2009; 3:23 PM)
Chevron shares fall after 2Q warning (AP, July 10, 2009; 3:14 PM)
Obama uses G8 debut to issue warning to Iran (Reuters, July 10, 2009; 3:13 PM)
Obama tells pope he wants to reduce abortions in U.S. (Reuters, July 10, 2009; 2:44 PM)
Finance 101: Estate tax hits few ordinary people (AP, July 10, 2009; 2:42 PM)
Porsche board to hold special meeting (AP, July 10, 2009; 2:35 PM)
World leaders take fresh approach on global hunger (AP, July 10, 2009; 2:28 PM)
Cisco denies new job cuts report (Reuters, July 10, 2009; 1:49 PM)
Rep. DeGette pursues hearing, study on `fracking' (AP, July 10, 2009; 1:32 PM)
G8 pledges $20 billion in farm aid to poor nations (Reuters, July 10, 2009; 1:23 PM)
G8 pledges $20 billion in farm aid to poor nations (Reuters, July 10, 2009; 1:23 PM)
Stocks fall on Chevron warning, consumer data (Reuters, July 10, 2009; 1:11 PM)
London 2012 replaces sponsor Nortel with Cisco (AP, July 10, 2009; 1:04 PM)
Bernanke very likely to get 2nd Fed term: poll (Reuters, July 10, 2009; 12:56 PM)
A look at economic developments around the globe (AP, July 10, 2009; 12:35 PM)
Canada's unemployment rate rises to 11-year high (AP, July 10, 2009; 12:32 PM)
Ameriprise paying $17.3M to settle SEC case (AP, July 10, 2009; 12:08 PM)
Agriculture, livestock prices mostly trade lower (AP, July 10, 2009; 11:47 AM)
Second man arrested in brokerage hacking scheme (AP, July 10, 2009; 11:43 AM)
U.S. consumer sentiment sours in early July (Reuters, July 10, 2009; 11:34 AM)
U.S. Fed lauds improved financial market conditions (Reuters, July 10, 2009; 11:07 AM)
British royal family joins Twitter (AP, July 10, 2009; 11:03 AM)
UBS tax deal uncertain ahead of U.S. court case (Reuters, July 10, 2009; 10:28 AM)
Fed program backs $12B in consumer loans in July (AP, July 10, 2009; 10:08 AM)
Obama says G-8 summit leaders tackled tough issues (AP, July 10, 2009; 9:42 AM)
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