Chocolate is set to get even more expensive — but the outlook looks sweeter next year
“There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of products,” one analyst told CNBC.
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FirstFT: EU accelerates digital euro plans
Also in today’s newsletter, Santander’s Wall Street ambitions and Macron’s €800mn vision for the Louvre
UK banks have closed more than one in three branches over past five years
Lloyds, NatWest, Halifax and Bank of Scotland set to close another 113 branches before end of November
Fiscal dominance and the unexpected rise of emerging markets
Developed markets have a debt problem — some investors are looking elsewhere
Santander signals Wall St ambition with Spac mandates
Bankers hired from Credit Suisse help Spanish lender become sole bookrunner on series of blank cheque deals
EU speeds up plans for digital euro after US passes stablecoin law
Concern over competitiveness raises possibility of digital currency using public rather than private blockchain