BHP said the provision partly reflected uncertainty on when Samarco, its iron ore joint venture with Brazil's Vale, would restart. » Read More
Asian markets likely got a fillip from higher oil prices, closing mostly higher Thursday after wavering throughout the trading session.
European stocks ended Wednesday sharply lower, after a raft of major earnings, a decline in mining stocks and renewed pressure on oil weighed on sentiment.
Asian markets joined the slump in global equities, as the U.S. dollar strengthened and oil prices lost ground.
Vale and BHP Billiton are facing one of Brazil's largest civil lawsuits after prosecutors demanded $44 billion in damage, the Financial Times reports.
European markets ended sharply lower on Tuesday as earnings from major banks disappointed, and a sharp decline in mining stocks weighed.
Asia finished mixed on Tuesday as investors took to the sidelines ahead of major central bank monetary policy decisions due later in the week.
European stocks ended trade in the red, amid weak sentiment across the globe, as a sharp decline in mining stocks weighed on the wider benchmarks.
Asia markets finished mixed on the final trading day of the week, with major indexes in Australia, Japan and Hong Kong eking out weekly gains.
European markets finished in negative territory after the ECB held its key interest rates unchanged and following a slew of disappointing earnings.
Most major Asian markets advanced on Thursday, but Chinese stocks fell behind their regional peers and extended losses from the previous session.
European markets closed higher on Wednesday, as crude oil prices pared losses.
Asian markets retraced much of their early gains on Wednesday afternoon, with Chinese mainland markets dropping particularly sharply.
Some of the world's biggest iron ore miners are slashing output targets, a move likely to fuel price gains for the commodity.
BHP Billiton has cut fiscal 2016 iron ore production guidance by 10 million tonnes, citing adverse weather over the last quarter.
Most Asian markets gained on Tuesday, led by Japan, as oil prices steadied after Monday's drop on producers' failure to reach an output-freeze deal.
Asia markets dropped Monday, as oil tumbled after producers failed to reach a deal to freeze output and Japan shares took a hit from quakes last week.
European stock markets rallied following positive Chinese data, with the U.K. FTSE hitting a 2016 high, but it may fall back soon.
Asia markets traded higher on Wednesday, after a rise in oil prices boosted Wall Street and China trade data showed exports climbed in March.
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season.
Arrium on Thursday was placed in voluntary administration after the collapse of a recapitalization plan amid a bleak outlook for commodities.