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Anglo-Australian mining giant Rio Tinto records lower-than-expected iron ore output for the first three months of the year blaming poor weather conditions, but continued to boost its production of the commodity despite plunging prices. The world's second biggest miner said iron ore production was 74.7 million tonnes in January to March, a 12 percent increase from the same period in 2014, but a six percent drop from the previous quarter.
Manny Pacquiao's face is on shirts, dolls and postage stamps, his life story is playing in movie houses and millions are getting ready to party as the Philippine boxing hero's "fight of the century" nears. Pacmania is sweeping the Southeast Asian nation of 100 million people ahead of the May 2 Las Vegas bout against unbeaten Floyd Mayweather to decide who is the best boxer of their generation. Of course, it's the fight of the century," Manila film producer Lucky Blanco told AFP.