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Barrick to pay $140 million in investor suit over Chile project

  Bloomberg Barrick Gold Corp. will pay $140 million to shareholders who sued the world’s biggest gold miner over its handling of the Pascua-Lama project on the Chile-Argentina border. The Toronto-based company settled the class action lawsuit that was filed in a New York court, Motley Rice LLC, the firm representing holders, said in a statement Tuesday. It alleges Barrick ...

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Oil falls as recent gains deemed unsustainable, disruptions ease

  Bloomberg Oil declined for a fourth day on concern recent gains were unsustainable, while shuttered Canadian operations started to reopen. Futures fell as much as 1.8 percent in New York after rising 6.9 percent in May as supply was curbed by wildfires in Alberta and militant attacks in Nigeria. Canadian oil-sands producers including Suncor Energy Inc. have begun resuming ...

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Stocks, oil slide as global growth concerns persist; Bonds rise

  BLOOMBERG U.S. stocks joined a slump in global equities, the dollar fell and Treasuries climbed as lackluster manufacturing data from Asia to Europe rekindled worldwide growth concerns and sent the odds for higher interest rates tumbling. The S&P 500 Index fell a second day, paring losses after data showed U.S. manufacturing unexpectedly expanded at a faster pace last month. ...

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