Steelmakers are poised for a profit increase in the fiscal first quarter, driven by rebounding domestic steel prices and lower coking coal costs, despite an anticipated sales volume decline. Conversely, non-ferrous metal producers face a challenging quarter with projected revenue and EBITDA declines due to weaker commodity prices and softer volumes.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,