Cocoa Climbs on Signs of Resilient Demand Despite Record Price
Cocoa climbed in New York as grindings data suggested demand for the chocolate ingredient is holding up even as prices soared to a record amid a global crunch.
Cocoa climbed in New York as grindings data suggested demand for the chocolate ingredient is holding up even as prices soared to a record amid a global crunch.
An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces for a potential Israeli attack.
Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold Corp., people with knowledge of the matter said.
Stocks advanced with Treasuries as global markets steadied after turbulence driven by misfiring bets over the scale and timing of interest rate cuts by the Federal Reserve.
South African investors are holding off on big moves before the vote next month, Goldman Sachs Group Inc. said, as the elections shape up to be the most pivotal in 30 years.
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