rio tinto’s profit I’ll do
August 26, 2008 at 17:00 PM EDT
The world’s third-largest mining company said its half-year profit has more than doubled to a record, news that could potentially lend some strength to exchange traded funds (ETFs). Rio Tinto said its record profit owes much to China’s demand for iron ore and other metals, reports the Associated Press. Through June 30, profits shot up 112.5% [...]