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The cost of cocoa, a key ingredient in chocolate production, has been steadily increasing due to concerns over the supply of cocoa in West Africa. With around three quarters of the world’s cocoa production coming from this region, any disruptions in the supply chain can have significant implications on the overall market. This has driven
In a surprising turn of events, Harvard University has once again emerged as the ultimate “dream” school for college applicants, overtaking last year’s favorite, Massachusetts Institute of Technology (MIT). Despite recent controversies and turmoil within the institution, Harvard managed to secure the top spot in a new survey of college-bound students conducted by The Princeton
Goldman Sachs recently announced the outperformance of its new stock basket over the past 20 years. The firm’s portfolio strategy desk introduced two new baskets based on corporate asset intensity, aiming to identify companies with high growth potential. This strategy divides stocks into two categories: asset-light and asset-heavy, based on their ratio of assets to
Elon Musk, the enigmatic CEO of Tesla, has once again captivated the automotive world with his grand promises of a new and revolutionary Roadster. Six years ago, Musk teased the idea of a next-generation Roadster that would surpass all expectations. The idea was never materialized back then, but Musk has reignited the spark by declaring
Donald Trump has emerged victorious in the Michigan Republican presidential primary, as projected by NBC News. This win solidifies his position as the frontrunner for the GOP nomination, further eclipsing his primary rival, Nikki Haley, the former United Nations ambassador. Despite the setback in Michigan, Nikki Haley remains determined to continue campaigning through Super Tuesday,
President Joe Biden expressed his optimism on Monday regarding the ongoing Israel-Hamas conflict. He stated his hope for a cease-fire to be in place by the following Monday during a press conference in New York City. Despite recognizing that negotiations are close to reaching an agreement, he emphasized that there is still work to be