Starbucks is buying two farms in Central America to conduct research on the crop at the heart of its business: coffee.
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Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.
Cocoa prices plunged almost 30% in the past week after a rally that pushed prices nearly 80% higher to start the year.
Futures prices had surged to record highs in recent months because of droughts contributing to the country’s smallest herd since the 1950s.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.