News Source: Australian Broadcasting Corporation
| about 1 month ago
The US economy grew by an annual rate of 3.5 per cent in the third quarter after a year of contraction. The better-than-expected growth result sent the Dow Jones 2 per cent higher on Wall Street. US President Barack Obama took some credit, saying the...
News Source: The Courier-Mail
| about 1 month ago
S&P/ASX200 index was up 55 points, or 1.2 per cent, at 4629.7 while the broader All Ordinaries rose 57.4 points, or 1.25 per cent, to 4632.6. Austock Securities senior client adviser and strategist, Michael Heffernan said the market was ebbing and...
News Source: The independent
| about 1 month ago
BHP Billiton’s chief executive sounded a cautionary note at the group’s annual general meeting yesterday, saying that it will be the middle of next year before the world’s biggest mining group would know if demand for commodities had stabilised.
News Source: The Courier-Mail
| about 1 month ago
S&P/ASX200 index was up 88.9 points, or 1.94 per cent, at 4663.6 while the broader All Ordinaries rose 89.8 points, or 1.96 per cent, to 4665...Resources giant BHP Billiton Ltd expects underlying demand for its commodities to rebound in the middle of...
News Source: The Age
| about 1 month ago
Mr Peever, who previously worked as the head of the miner's marine operations, will be second only to Sam Walsh in running the Rio Tinto's local operations in Australia. Mr Walsh recently assumed overall responsibility for Australian interests in...
News Source: Sydney Morning Herald
| about 1 month ago
Chief executive Marius Kloppers told shareholders at BHP's annual general meeting in London that the world's biggest miner was more likely to focus on major joint ventures rather than snap up the operations of smaller companies. "We've obviously...