Swiss Chocolatier Invests in Cocoa Farming as Supply Crunch Bites
Barry Callebaut AG is investing in cocoa farming as prices for the key chocolate ingredient soars, squeezing profits for confectioners.
Barry Callebaut AG is investing in cocoa farming as prices for the key chocolate ingredient soars, squeezing profits for confectioners.
With just a day or so to go, JPMorgan Chase & Co and Deutsche Bank AG say that the once-every-four-years Bitcoin software update called the “halving” that has long been touted as one of the keys to propping up the cryptocurrency’s value is pretty much priced in.
President Joe Biden’s top economic aide said the administration wants to keep gas prices in “current ranges” this summer while sidestepping questions on whether the administration is considering a fresh release from the Strategic Petroleum Reserve.
Centuri Holdings Inc. shares climbed as much as 13% after an initial public offering and concurrent private placement priced at the top of a marketed range.
The US bond market’s recovery was cut short by a Federal Reserve official’s mere mention of the possibility of an interest-rate increase.
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