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

|About: BHP Billiton Limited (BHP)|By:, SA News Editor

BHP (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.