BHP Billiton 2nd-Half Net Doubles on Commodity Prices
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Aug. 18 (Bloomberg) -- BHP Billiton, the world&#39;s biggest miner, more than doubled second-half profit as Chinese demand boosted commodity prices. The company is considering returning as much as $2 billion to investors, including share buybacks.
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The world&#39;s largest miner, BHP Billiton, yesterday said that high oil prices were affecting spending worldwide but China&#39;s demand for commodities over the longer term was heartening.
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ChevronTexaco Corp. CVX.N, the No. 2  U.S. oil company, on Friday said quarterly profit nearly  doubled, driven higher by record crude oil prices and soaring  refining margins.
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The world's biggest miner BHP Billiton has reported a record first-half profit of 6.168 billion dollars, and said it expected China to continue to drive global demand for commodities.
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Asia's top oil refiner, state-run Sinopec Corp., said on Monday its second-quarter net profit almost doubled as China's fast-growing economy consumed more fuel and crude oil prices climbed.
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The world's largest mining firm, BHP Billiton, announces profits rose 41% in the second half of 2006.
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SYDNEY: BHP Billiton sees continuing strong demand for its products despite China&#39;s attempts to slow economic growth, putting it in a strong position to increase earnings after a record US$3.51bil net profit for the June year, up from the previous year&#39;s ...
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Russia's No. 2 oil producer OAO Lukoil saw its 2004 third-quarter net profit double on the back of high oil prices and rising output, the company said Tuesday.
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BHP Billiton, the world&#39;s biggest miner, will buy back as much as A$1.5 billion ($1.6 billion) of its Australian stock as part of a plan to return profit from soaring commodity prices to investors.
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UK Coal more than doubles its half-year profits, thanks to the rising profitability of its mines and property portfolio.
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High oil and gas prices and bigger profit margins in refining helped the British energy giant BP PLC nearly double its third-quarter earnings.
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Company confirms double-digit price rises for gas and electricity
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BHP Billiton, the AngloAustralian mining group, announced plans yesterday to increase production amid surging demand for commodities.
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Manpower Inc. (MAN.N: Quote, Profile, Research) , the world&#39;s second-largest staffing company, on Tuesday said third-quarter earnings nearly doubled on stronger currency
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Mining giant BHP Billiton today unveiled record full-year results after commodity prices soared on the back of surging demand in China.
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Global mining giant BHP Billiton posted the biggest net profit in Australian corporate history as soaring commodities prices and strong demand from China pushed net profit up 83 percent to 3.51 billion US dollars.
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The Australian sharemarket finished sharply higher today as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.