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Francesco Rivella – The Father of Nutella: The Life Story and Creation of the Legendary Chocolate Spread

.... Early Years and Career Start Francesco Rivella was born in 1927 in the municipality of Barbaresco, located in the Piedmont region of northern Italy. After graduating from the Faculty of Chemistry at the University of Turin in 1952, he joined Ferrero,... ... the town of Alba. Rivella began his career in the company’s research department, focusing on raw material analysis and the development of new recipes for confections. The Creation of Nutella After World War II, Europe faced a cocoa shortage, complicating ...

Economic Events and Company Reports — Friday, August 1, 2025: Non-Farm Payrolls, PMI, and Reports from ExxonMobil, Chevron, Moderna

... indices for industrial activity in major European economies — Germany, France, the entire Eurozone, and the **United Kingdom** — will be published throughout the day. Preliminary July PMIs indicated a continued decline in manufacturing activity in the region, although the pace of contraction may have slightly eased. These macroeconomic developments are vital for assessing the state of the European economy and the prospects of the industrial sector. **Switzerland** will be closed for trading on Friday due to a national holiday (bank holiday). It is noteworthy that **Russia** will also ...

Business Loan: How to Choose and Get Financing Wisely

... jurisdiction is indicated, whether there are any inconvenient requirements for you (for example, to consider the case in a court in the region of the bank's registration). This is a trifle compared to financial terms, but full control over the situation includes ... ... one of the decisive factors. Prepare a high-quality business plan. This is especially important if the loan is taken out to develop a new project or significant expansion. The business plan should clearly describe the purpose of the loan, planned expenses ...

Cryptocurrency News, Tuesday, August 5, 2025 - Crypto Market Consolidates; SEC Introduces Revolutionary Crypto Initiative

... instance, as of August 1, a new licensing system for stablecoin issuers and exchanges has been launched in Hong Kong — the region seeks to attract crypto businesses and become a leading hub, offering relatively liberal conditions while requiring capital ... ... individual countries, the overall direction remains positive: governments are increasingly seeking to lead, rather than prohibit, the development of the crypto industry within clear rules. Bringing digital assets out of legal uncertainty builds trust among large ...

In the marketplace, the chain of traders in the fuel sales market disappears.

... volume without hiring additional staff, saving on costs. In other words, without increasing expenses, we can expand into new regions and broaden our geography. — What is the economic effect of using digital technologies for traders and the country’s ... ... prospects? — We see the widespread implementation of digital technologies in both oil extraction and refining. When we began developing digital sales technologies, the picture was different: IT technologies were too expensive and not very understandable....