Home CNN.com BHP to quit U.S. shale business as annual profit surges

BHP to quit U.S. shale business as annual profit surges

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SYDNEY (Reuters) – BHP Billiton, the world’s largest miner, reported a surge in underlying full-year profits on Tuesday and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders who had called for a sale.