Wall Street

Markets: OPEC Is Said to Warn Wall Street on NOPEC

Posted on by Mozambique Resources Post
Markets: OPEC Is Said to Warn Wall Street on NOPEC

(Bloomberg) — OPEC is sending a clear message to Wall Street banks and big investors: If Washington passes legislation that would allow the U.S. government to sue the cartel, the first victim will be shale. Advertisements

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Global Markets: Shares of BHP Drop on News of Brazil Law Suit

Posted on by Mozambique Resources Post

The Wall Street Journal reported that shares of BHP Billiton (NYSE:BHP) fell sharply on Monday following news that the Brazillian government would sue both BHP and Vale over tailings dam disaster at the miners’ jointly owned iron-ore mine in Brazil in November.

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