exodus

By Nell Mackenzie, Tom Wilson and Maytaal Angel LONDON (Reuters) – 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 workings headed for the exit. Confectionery prices, from candy…

Investors are flocking to OpenAI, but it’s losing high-level executives at an alarming rate.Suddenly, it’s open season for OpenAI employees.Rivals like Anthropic and Perplexity are signaling to workers that they put mission over profits. Employee badges are hitting the floor at OpenAI.Last week, chief technology officer Mira Murati became the…

By Ana Mano SAO PAULO (Reuters) – Nutrien (NYSE:) Ltd., the world’s largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses in the region, according to sources with direct knowledge of the matter. Nutrien this year…