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The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player: Pierre Andurand, a hedge-fund manager best known for his bets on oil. By early March, pric...
(Bloomberg) -- The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player: Pierre Andurand, a hedge-fund manager best known for his bets on oil. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsBy early March, prices
Household Net Worth dropped $6.1 TN during Q2, the largest decline since Q1 2020. Read more here.
By Megan Durisin, Pratik Parija and Irina Anghel (Bloomberg) — Across Ukraine’s farm belt, silos are bursting with 15 million tons of corn from the autumn harvest, most of which should have been hitting world markets. The stockpiles...
By Nicholas Larkin, Europe’s deepening energy crisis is sending severe -- and some surprising -- ripples across everything from transporting goods by train to glasshouses growing vegetables. Headlines have focused on governments trying to tackle soaring gas and power prices rocking energy retailers and crucial carbon-dioxide supplies. But there’s a growing list of other