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BHP Billiton Ltd

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On the 7th of March, BHP Billiton Ltd. firmly rejected China’s allegations of iron ore manipulation aimed at driving prices up, underlining that it would improve its transparency in trade with the world’s second economy. China, which is the world’s biggest consumer of iron ore, is convinced that three iron ore miners manipulated the market, thereby pushing prices up.

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BHP Billiton Ltd., the largest mining company by market value, has started the search for a new chief executive officer who will replace its current CEO Kloppers.The search process is expected to take about two years.

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The European Union summit failed, in its last chance, to convince global markets on the euro crisis. Exultation of the market to hold the …

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