BHP Billiton said Wednesday it may sell its 33.3% stake in Guinea Alumina, as its joint-venture partners seek ways to advance a multibillion dollar project to mine and process bauxite in Guinea that has suffered repeated delays.
BHP Billiton, the world's largest miner, has trimmed its outlook for commodities prices over the next three to five years, a sign that natural resources groups are braced for a lasting impact from the global financial crisis.
Back in the heyday of technology stocks in the year 2000, there were a number of extraordinary stock market darlings that returned some investors many times their capital before capitulation, and in many cases, outright failure.
Stock symbols follow company names. Anglo American Plc (AGL SJ), the diversified miner that makes up more than 7 percent of the index, advanced the most in a day since February, adding 2.9 percent to 271 rand.
It is lunchtime in Louisville, Kentucky and David Novak, chief executive of Yum Brands, strolls up to the KFC in his company's cafeteria, orders a grilled chicken sandwich and joins a couple of employees for a bite to eat.