In the third quarter, Glencore, the Anglo-Swiss commodity miner, experienced a decline in production across all metals, except for gold and coal. Notably, nickel and ferrochrome saw double-digit drops. However, the company stated that its output of key metals, including copper, coal, and zinc, remained in line with expectations. Let's take a closer look at the … [Read more...] about Glencore’s Third Quarter Production Report
Third Quarter
Semiconductor Manufacturing International Corp. Sees Declining Profits and Margins
Hong Kong-listed shares of Semiconductor Manufacturing International Corp. (SMIC) fell in morning trade as the chip maker reported a decline in profits and margins amid sluggish demand. The company's Shanghai-listed shares also experienced a significant drop. Share Declines The chip maker's Hong Kong-listed shares declined by 6.6% early on Friday, ultimately falling 4.1% to … [Read more...] about Semiconductor Manufacturing International Corp. Sees Declining Profits and Margins
