Bloomberg Rio Tinto Group is delivering on a promise to reward investors as it emerges from an industry-wide downturn by paying out a bigger-than-expected dividend and announcing a surprise $500 million share buyback. Last year’s 81 percent surge in iron ore prices helped the world’s second-biggest mining company report its first gain in annual profit since 2013, exceeding analysts’ ...

  Bloomberg Film director and lawmaker David Puttnam is proposing measures in the UK’s House of Lords aimed at frustrating Rupert Murdoch’s 11.7 billion-pound ($14.6 billion) plan to merge his US media company, 21st Century Fox Inc., with European pay-television broadcaster Sky Plc. The amendments to the proposed Digital Economy Bill would subject media acquirers to a so-called fit-and-proper test ...

  Bloomberg The controversial Dakota Access pipeline is set to gain the final go-ahead for completion after President Donald Trump asked for a speedy approval. The US Army said it will grant Energy Transfer Partners LP the easement it needs to finish the line that will ship almost half a million barrels of crude a day from North Dakota’s shale ...