BHP Delays Mine Expansion as Profit Plunges

BHP Billiton Ltd, the world’s biggest mining company, put approvals for about $68 billion in projects on hold after second-half profit plunged 58 percent as metal prices declined and costs rose.

When Will Consolidation Come to European Banks?
00:10 - In today's "Morning Must Read," Bloomberg’s Tom Keene highlights comments on mergers in the European banking industry. He speaks with Bloomberg's Michael Moore on "Bloomberg Surveillance." (Source: Bloomberg)
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