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S&P downgrades Rio to negative

STANDARD & Poor's has downgraded its outlook for Rio Tinto to negative on concerns over its high ...

Kristie Batten
S&P downgrades Rio to negative

In a note to clients last week, Macquarie Private Wealth warned that Rio’s funds from operations to debt ratio was slightly in breach of Rio’s A rating with S&P, noting that it had fallen from 85% to about...

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