The Investment Column: BHP buoyed by China recovery
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Like the big oil companies, the world&#39;s mining majors are experiencing an embarrassment of riches due to very high commodity prices. BHP Billiton is in the happiest position: it is both the world&#39;s biggest miner and has a substantial oil production ...
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BHP increased its takeover offer to about $147 billion after a Chinese rival bought a stake in Rio Tinto last week.
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The world's biggest miner BHP Billiton 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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BHP Billiton, the AngloAustralian mining group, announced plans yesterday to increase production amid surging demand for commodities.
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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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European stock markets have shot higher, with London's FTSE 100 index striking a fresh six-year pinnacle, aided by record earnings from Anglo-Australian miner BHP Billiton.
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Chinese shares rose Friday as investors snapped up bargain blue chips following losses earlier in the week.
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A resurgent mining sector helped the leading share index finish in positive territory, dealers said Monday.
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Iron ore miner BHP Billiton has announced a further expansion of its Pilbara operations, to meet continuing demand in Asia. Under its $780 million Rapid Growth Project, BHP Billiton will increase its overall
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BHP Billiton&#39;s Australian investors will collect $1.5 billion from a buyback announced by the global miner yesterday. But the move will leave foreigners with a stronger presence on the BHP share register because they can&#39;t participate.
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LONDON (CBS.MW) -- Anglo-Aussie miner BHP Billiton (BHP) (UK:BLT) climbed 2.8 percent to lead FTSE 100 components after it increased its share buyback to A$2.27 billion (US$1.78 billion) from the A$1 billion to A$1.5 billion it had predicted it would buy
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British Prime Minister Gordon Brown on Friday welcomed Chinese investment, saying he wanted Britain to be the top destination for money from the Asian giant.
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Stocks rose after the open on Monday helped by deal news, including a report that global miner BHP Billiton is reviving takeover plans for aluminum producer Alcoa Inc. .
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World oil prices rebounded on Thursday as global stock markets firmed, China revealed strong growth numbers and on expectations that OPEC will not increase crude output next week.
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BHP Billiton, the world&#39;s biggest mining company, said global growth and economic activity in China are slowing, partly as higher oil prices curb spending.
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China Coal raises $1.69bn in its Hong Kong flotation, just the latest Chinese firm to list its shares this year.
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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.