How a hedge fund exodus reshaped global cocoa markets?
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its…
Cocoa rally and market tumult hoist systematic hedge funds ahead of their peers
Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first quarter, according to industry players and investors.…
Price of chocolate could go up as cost of cocoa rockets
Germany is a nation of chocolate-lovers, but they don't have to dig too deep in their pockets to feed their sweet tooth. That could change with the price of cocoa…
I Coast urging change: cocoa pays but rice feeds the hungry
Verdant rice paddies stretch as far as the eye can see around Agboville, the heart of a drive for food self-sufficiency in Ivory Coast, better known as the world's top…
Ageing farmers, low-yield crops hurt Cameroon’s cocoa ambitions
Cameroon's ambition to triple cocoa production and become one of the world's top three producers within a decade is being hampered by a failure to modernise ageing plantations and attract…
Confectioners sweet on ADM’s decision to keep cocoa business
Easter came early for the global chocolate makers this year. Just days before one of the busiest holidays for chocolate sales, Archer Daniels Midland Co on Tuesday ditched long-running efforts…
Data overload: commodity hedge funds close as computers dominate
"Chocfinger" made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the…
New ‘Cape to Cairo’ free trade pact hailed as Africa milestone
The launch of a free trade agreement by three African economic blocs in Egypt this week will be an important step towards a potentially game-changing common market spanning the continent,…
Trendy Chipotle burritos show how pricing power belongs to the hip
Corporate America can learn a lot from a chicken burrito. As many companies struggle to boost prices without alienating consumers, they may want to study Mexican-food chain Chipotle, which has…
Once a model for Africa, Ghana’s economy loses its shine
Rising bond yields, mounting inflation and a weakening currency have taken the shine off Ghana, a country until recently hailed as a model for African growth. An oil boom helped…
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