Australian Prime Minister Supports Investigation Against BHP Billiton Limited (ADR), Rio Tinto plc (ADR)

BHP Billiton and Rio Tinto will possibly be facing an inquiry for manipulating prices to weed out smaller competitors; Australian Prime Minister in support of the inquiry Australian Prime Minister Tony Abbot is supporting a parliamentary inquiry into the iron…

Vale SA (ADR) To Curtail Output Amid Supply Glut

Bidness Etc takes a look at the announcement by Vale SA to cut down production in order to stabilize prices Iron ore futures in the Chinese market have witnessed a rise in prices of about 4% on Monday on the…

Oil Drops on China Growth and Doubts on Output Curbs by Russia

In Asian trading on Monday oil prices dropped, which wiped out some of the big gains from the previous trading session amidst concerns that lower targets of growth in China might cut demand for oil and ongoing worries over the…

Prices at the Gas Pump Hit a Four-Year Low

Just ahead of the holiday season, the average price for regular gas at pumps within the United States hit the lowest level recorded since November 5, 2010. According to a survey conducted by Lundberg Survey, Inc., in the two weeks…

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