Emerging-market stocks rose a second day as the European Union promised emergency aid to Ukraine while U.S. and Russian diplomats held talks. The Standard & Poor’s 500 Index held near a record while oil declined.
Warren Buffett, speaking last April at Coca-Cola Co.’s annual meeting, warned that the beverage giant shouldn’t get complacent about its success. Ten months later, those words could come back to haunt the company.
Is there no multi-syllabic and preferably German psychological term to describe the angst, then resignation experienced upon realizing that green tea at Grace in Chicago costs $21? Burgers at other fine venues cost less.
Coca-Cola Co., the world’s largest beverage company, dropped the most in more than two years after North American soft-drink demand shrank and its once- effervescent growth in emerging markets showed signs of slowing.
The global sugar surplus will extend for a fourth year in 2014-15 as cane is still more profitable than other crops and currency devaluations in producing nations help offset price drops, according to Louis Dreyfus Commodities.
Orange-juice futures jumped, capping the biggest weekly gain in nine months, after the U.S. government cut its forecast to the lowest since 1990 for the crop in Florida, the world’s second-largest citrus grower.