Summary
BHP Billiton, the world's largest mining company, yesterday shrugged off concerns of falling commodity prices, reporting a rise in profits and increasing its dividend by almost half.
The company, which is in the midst of a hostile takeover bid for rival Rio Tinto, said it was reaping the rewards from economic growth in China and other developing nations, leading to a seventh straight increase in annual profits.See the full content of this document
Extract
Bhp Still Mining a Rich Seam
"The continuing massive industrialisation in China is providing solid support to the global economy," BHP said in a statement.
Chief executiv...See the full content of this document
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