... become unprofitable. Since startups often operate in a highly competitive market and use innovative technologies, they may face a lack of funds or failure to attract additional investment. An example is Open Oil Market, a startup in the field of oil products trading, which aims to make the market more transparent and efficient. The company is developing an online platform connecting suppliers and buyers of fuel. The financial risk for such a project is the need for significant investment in the initial ...

... the expert council for the "Russian Gas Stations" competition, points to the rise in Russia's key interest rate, which has made borrowing significantly more expensive—three to four times the inflation rate. This has increased the costs of production and distribution due to higher wages, equipment expenses, and other factors. Moreover, the weakening ruble has driven up equipment import costs. Scheduled maintenance at Russian refineries (refineries) in September is expected to reduce ...

Tereshkin: Over the past 30 years, gasoline prices in the United States have been closely tied to global oil prices, despite a significant increase in domestic production. Since 2010, oil production in the country has more than doubled, and imports have decreased by almost 30%. Nevertheless, in 2023, the cost of oil accounted for 52.6% of the retail price of gasoline. Moscow, January 2 – PRIME. Gasoline prices ...

... consensus estimates an earnings of about $1.38 per share compared to $1.31 a year earlier, with revenue at ~$5.19 billion. The company continues to compensate for the decrease in smokers by raising prices. Meanwhile, Altria is betting on smoke-free products (NJOY e-cigarettes, on! nicotine pouches), attempting to solidify its position in the alternatives segment – their sales are growing at double-digit rates. Investors will monitor whether the company has managed to slow down the decline in traditional ...

Start the week with a focus on pivotal economic indicators across the globe. Monday's calendar includes Germany's industrial production data, which will set the tone for Europe’s manufacturing outlook, and the Eurozone Investor Confidence Index, providing insight into market sentiment across Europe. In Asia, Japan’s leading economic index and China’s new yuan loans offer ...