BHP writedown sparks sector fears

ReutersNewsPublished: January 15, 20163 views
Published: January 15, 2016

BHP Billiton sheds 6 per cent, after it said it would write down the value of its U.S. shale assets by $7.2 billion, cementing expectations it will be forced to cut its dividend for the first time in 25 years. Kirsty Basset reports.

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