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An expert explained the sharp increase in the market value of aviation fuel in Russia
Teryoshkin: Oil Companies Are Not Containing Jet Fuel Prices Due to Compensatory Payments (Prime News Agency)
In August 2024, the price of jet fuel on the Saint Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin, General Director of the petroleum products marketplace "Open Oil Market," explained this surge by citing the lack of incentives for oil companies to restrain jet fuel prices due to the specifics ...
What is a Security Token Offering
... stocks, bonds, mutual funds, and exchange-traded funds.
Thus, a security token contains information about ownership rights to an investment product, stored on the blockchain. For example, when you invest in traditional stocks, ownership information is recorded in a document and issued as a digital certificate (such as a PDF). In the case of STOs, this is the same process but stored on the blockchain and issued as a token.
STOs can also be viewed as a hybrid approach between cryptocurrency ICOs and ...
Singles' Day in China: Impact on Stock Markets and the Global Economy
... including those in Russia.
Impact on the Chinese Stock Market and Companies
Singles' Day is a crucial day for Chinese retail and internet companies, such as Alibaba, JD.com, and other leading online retailers. Sales volumes during this sale often reach record levels, positively influencing the capitalization of these companies. Strong sales figures on this day can serve as an indicator of the resilience of consumer demand, signaling that China's economy remains stable despite external and internal challenges....
Risk of Bankruptcy for Mercedes, BMW, and Volkswagen: What It Means for Investors
... financial reports from German automakers show a significant deterioration in performance. Specifically:
Mercedes-Benz
reported a 64% drop in profit to €1.2 billion, while profitability fell from 12.4% to 4.7% — the lowest level since the pandemic.
BMW
recorded a decline in profit from €4.352 billion in the third quarter of 2023 to €1.7 billion — a concerning signal for a company historically viewed as financially stable.
Volkswagen
is considering the closure of three plants in Germany for the ...
Tokenization of Money and Assets: New Horizons and Challenges for the Financial System
... and unauthorized asset usage could undermine the system. The BIS report underscores the importance of collaboration with regulators to develop a consistent legal framework for tokenized assets.
Data Security and Privacy
Since tokens represent digital records, their storage and transfer must be secure. Advanced technology is necessary to protect data and ensure privacy compliance, which includes implementing stringent measures to safeguard sensitive information.
Integration with Existing Financial ...