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December 20, 2013

Billionaire Australian mining tycoon Gina Rinehart has received a cash injection for her AUD$10 billion (€6.5 billion) Roy Hill mining project from the Export-Import Bank of the United States.

Billionaire Australian mining tycoon Gina Rinehart has received a cash injection for her AUD$10 billion (€6.5 billion) Roy Hill mining project from the Export-Import Bank of the United States.

The bank – a federal agency designed to support private enterprises – authorised a $694.4 million (€451 million) loan to the mine in western Australia on the condition Roy Hill buys its equipment from US firms.

February 8, 2011

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat’s headquarters, and describing the interest rates charged on American bailout loans as “shyster”.

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat's headquarters, and describing the interest rates charged on American bailout loans as "shyster".

December 6, 2010

Hyundai Group, the Korea-based conglomerate controlled by the Chung family, may face further scrutiny over its $4.8 billion bid for a controlling share in Hyundai Engineering & Construction.

Hyundai Group, the Korea-based conglomerate controlled by the Chung family, may face further scrutiny over its $4.8 billion bid for a controlling share in Hyundai Engineering & Construction. 

According to Korea Exchange Bank, one of the shareholders selling its stake in Hyundai E&C, the Hyundai Group will be asked for further details of the bid for the third time amid concerns over the funding of the deal.

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