Mining giant BHP Billiton defended its progressive dividend policy even as share prices and profits slump.» Read More
European equities closed lower on Friday as investors reacted to sharp falls in China's stock markets.
Chinese stocks posted their worst weekly performance since August on Friday, with major indices tumbling in excess of 5 percent.
As India embarks on an aggressive drive to revamp its ailing infrastructure, Asia's third-largest economy may emerge as bright spot for iron ore.
Asian markets ended mixed on Thursday amid hopes for fresh European stimulus while new data reinforced expectations for tighter U.S. monetary policy.
European equities closed firmly in positive territory on Wednesday after some encouraging corporate results helped lift sentiment.
European equities pared losses but still traded lower on Monday with investors reacting to price fluctuations in the oil market.
Vale, the world's biggest nickel producer, will cease smelting and refining in Thompson, Manitoba, once work is complete to allow it to produce and ship nickel concentrate from its mill, said Mark Scott, Vale's director of mining and milling in Thompson. Vale plans to ship nickel from its mine at Voisey's Bay, Newfoundland and Labrador, to a new processing facility...
European equities finished in positive territory on Thursday as investors digested a slew of announcements from global central banks.
European equities closed mixed Wednesday as further security scares after the Paris attacks last Friday weighed on investor confidence.
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt operations and cut 450 jobs at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to lower costs at a time when miners battle weak prices and demand. Cliffs has already temporarily idled operations at its United Taconite mine in Minnesota in August and said on...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at two iron ore projects in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite mine in...
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
Asian stocks endured a sell-off on Monday, with sentiment badly dented by Friday's brutal terrorist attacks in Paris.
Asian stocks were battered on Friday, amid sharp falls in commodity prices and growing expectations that the Fed will hike rates next month.
European equities finished sharply lower on Thursday, as oil prices and a fall in Rolls-Royce shares dented investor sentiment.
Asian equities were lackluster on Thursday, with weakening commodity prices and concerns over a slower-growing China pressurizing markets.
Asian stocks mostly edged up on Wednesday following fresh economic data from China that largely met expectations.
Asian shares retreated on Tuesday, as a fresh batch of Chinese data added to the uncertainty from a looming rate hike in the U.S.
As Exxon is scrutinized for it's climate change records, many other oil companies could be put scutinized, The New York Times reports.