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BHP (NYSE:BHP) Chairman Jacques Nasser says the company no longer plans to invest $80B in new...

May 16, 2012 5:49 AM ETBHP Group Limited (BHP) StockBHPBy: Yigal Grayeff, SA News Editor
BHP (NYSE:BHP) Chairman Jacques Nasser says the company no longer plans to invest $80B in new projects over five years, as outlined by CEO Marius Kloppers last year. Nasser also warned of "volatility and uncertainty" and the further easing of commodity prices due to the uncertainty in the global economy.

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