Latest Xiong Weiping Stories

2009-06-05 13:14:06

Mining giant Rio Tinto said Friday said it had broken off a politically unpopular $19.5 billion deal with the Chinese government-owned Chinalco. Xiong Weiping, president of Chinalco, the state-owned Aluminum Corp. of China, said we are very disappointed with this outcome, The New York Times reported. The deal would have increased Chinalco's share in the Tinto, an Australian-British company, from 9.3 percent to 18.5 percent. As a consequence, it was sharply criticized in Australia, especially...

Word of the Day
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.