sumit chaudhary

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BHP Billiton profits hammered by commodities slump and China downturn

Falling commodity prices and weakening demand from China has hit profits at the mining giant<p>Profits have plunged at mining giant BHP Billiton, despite significant cost cutting, amid falling demand for raw materials in China.<p>The FTSE 100 miner reported a 63pc drop in pre-tax profits to $8.06bn in …

Oil & Gas Industry

Candace Cameron Bure Openly Wept At John Stamos’ Beauty On The ‘Fuller House’ Set

The internet harbors a ridiculous amount of anticipation for <i>Fuller House</i>, the <i>Full House</i> reboot coming on Netflix. John Stamos once again takes center stage as Uncle Jesse’s hair. His fellow cast members recently threw him a 51st birthday party, which only added to the goodwill we’ve seen on the …

Soros has ditched most of his Alibaba stock

In its quarterly statement to the US Securities and Exchange Commission, Soros Funds Management said that as of June 30, it had sold all but nearly 60,000 Alibaba shares, valued at $4.88 million.<p>At the end of March, the fund still had 4.4 million shares valued at nearly $370 million.<p>Similarly, the …

German lawmakers to vote on Greece bailout Wednesday

BERLIN (AP) — German lawmakers will hold a special session Wednesday morning to decide on a new bailout package for Greece.<p>Finance ministers of the 19 nations that use the euro currency gave their approval Friday for first 26 billion euros ($29 billion) to help rebuild Greece's shattered economy. …