Cocoa’s Relentless Rally Is Pushing the Market to Breaking Point
The global cocoa market is buckling under the strain of unprecedented shortages.
The global cocoa market is buckling under the strain of unprecedented shortages.
European stocks capped the best quarterly performance in a year, with investors now expecting the rally to broaden beyond the biggest companies in the region on optimism about interest rate cuts and economic growth.
Washington, D.C.’s ability to offer the National Basketball Association’s Wizards and the National Hockey League’s Capitals more than $500 million for a new arena was eased by a refinancing last year that cut its interest bills.
Chesapeake Energy Corp. plans to put 80 new natural gas wells into suspended animation by the end of this year with an eye to turning them on when prices for power-plant and heating fuel rebound from the lowest prices in years.
S&P Global Ratings lowered Altice France SA’s credit rating, adding further pressure on the collateralized loan obligations holding the debt.
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