BHP to take £411 million writedowns
SYDNEY (Reuters) - BHP Billiton , the world's biggest miner, retreated further from high-cost nickel operations on Friday, announcing the sale of its Yabulu nickel refinery in Australia to a local mining magnate.
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Rio Tinto trial opens in China 3 hours ago
SHANGHAI (Reuters) - Four employees of mining giant Rio Tinto stood trial in China on Monday, in a case closely watched by foreign investors nervous about navigating a booming economy with often murky legal boundaries. ...more
- Virgin lines up financing for RBS bid... 3 hours ago
LONDON (Reuters) - Virgin Money has secured financial backing as it seeks to press ahead with a bid for British banking assets, the Daily Express reported on Monday. ...more
- Shell, PetroChina on target for Australia... 4 hours ago
SYDNEY (AFP) - Shell and PetroChina looked set to gain an important presence in Australia's nascent coal seam gas industry on Monday as Arrow Energy recommended an increased 3.15 billion US dollar takeover offer. ...more
- British Airways strike enters final... 4 hours ago
LONDON (AFP) - British Airways cabin crew enter the final stage of a three-day strike Monday, in a dispute over planned changes to pay and conditions that has caused travel misery for thousands of passengers. ...more
- British Airways strike enters final... 4 hours ago
LONDON (AFP) - British Airways cabin crew enter the final stage of a three-day strike Monday, in a dispute over planned changes to pay and conditions that has caused travel misery for thousands of passengers. ...more
- Valero eyes UK for refinery purchase 4 hours ago
PHOENIX (Reuters) - Valero Energy Chief Executive Bill Klesse said on Sunday the company was interested in buying a refinery in the United Kingdom. ...more
