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.