Cocoa Slumps on Better Mid-Crop Outlook and Lower Bullish Bets
Cocoa futures slumped almost 17% in New York and London as higher margin calls and uncertainty over a historic crunch has traders pulling out of the market, creating wild price swings.
Cocoa futures slumped almost 17% in New York and London as higher margin calls and uncertainty over a historic crunch has traders pulling out of the market, creating wild price swings.
After getting a jump on competitors in the latest round of China’s electric-vehicle price war, BYD Co. now faces a key test of proving that it can withstand the impact on profits.
Wells College, a small college located in the Finger Lakes region of upstate New York, will close at the end of the spring semester, joining a spate of colleges in the state to do so.
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Reinold Geiger, the billionaire owner of L’Occitane International SA, wants to take the skin-care company private in a move that could end its 14-year run on the Hong Kong stock exchange.
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