BHP said the provision partly reflected uncertainty on when Samarco, its iron ore joint venture with Brazil's Vale, would restart. » Read More
Arrium on Thursday was placed in voluntary administration after the collapse of a recapitalization plan amid a bleak outlook for commodities.
European markets closed lower on Friday in a choppy day of trade as investors reacted to a slide in oil prices and fresh jobs data from the U.S.
European shares closed lower Thursday as investors paused for breath and awaited key jobs data due out in the U.S. on Friday.
European markets closed mostly higher on Tuesday as investors eyed the volatile trade in commodity markets, ahead of Yellen's speech.
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European markets ended sharply lower on Thursday as fresh concerns over U.S. rate hikes and losses in commodity markets dragged on sentiment.
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected.
European markets closed mixed on Wednesday as investors digested a renewed decline in commodity stocks.
Asia markets ended mostly lower Wednesday, but remained relatively resilient after a terrorist attack in Belgium Tuesday.
Asia markets were mixed on Tuesday, with the Nikkei up 2 percent and Shanghai down 0.2 percent, after U.S. equities squeezed out gains overnight.
An iron ore oversupply still needs to "work through the system," Fortescue chairman Andrew Forrest warned.
Asia markets were mixed Monday, with some analysts predicting a quiet week, in the absence of major economic data from the U.S. and China.
Asian markets traded mostly higher Friday, after oil prices hit their highest levels for this year. But a stronger yen weighed Japan's shares.
European equities finished mixed to lower on Thursday despite a rally in mining stocks and the Federal Reserve signaling fewer rate hikes.
Most Asian markets advanced Thursday as investors cheered clarity from the Federal Reserve and a rise in oil prices, but Japan shares lost ground.
Asia markets were mixed Wednesday, following a weaker finish on Wall Street overnight as traders await the U.S. Federal Reserve decision due later.
Andrew Mackenzie, CEO of BHP Billiton, says there are signs of crude bottoming and the rally in iron ore prices will be short lived.
There are signs the commodities rout is bottoming out, but iron ore prices still face downside risk, BHP Billiton's CEO told CNBC.
BHP Billiton CEO Andrew Mackenzie says the recent rally in iron ore was spurred by short covering in response to news out of China.
BHP Billiton CEO Andrew Mackenzie says all parties need to come together to think about Australia's growth opportunities.