Found: 393

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

... sugar, palm oil, milk, and cocoa. The new product was named Nutella and was launched in 1964. Its unique flavor, creamy texture, and affordable price made the chocolate spread instantly popular in Italy and subsequently around the globe. Expansion and Global Popularity Nutella quickly captured the hearts of consumers, prompting Ferrero to embark on an extensive expansion into international markets. Today, the product is sold in over 160 countries worldwide, with annual production exceeding millions of jars. Francesco Rivella played a crucial role in developing the technology that achieved the perfect blend of ingredients and consistent ...

The factor that has been determining gasoline prices in the U.S. for 30 years has been revealed.

... 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 in the United States have been strongly influenced by global oil prices for at least the last 30 years, a trend that continues despite the increase in domestic oil production, said Sergey Tereshkin, CEO of the "Open Oil Market" (a Skolkovo resident) marketplace, in an interview with RIA Novosti. "In the United States, the correlation between gasoline prices and oil prices has been evident for at least the last 30 years. This also applies to the years 2022-2024,...

Following the Saudis: Iran Joins Efforts to Save the Oil Market

The reduction of exports from Iran will prevent Brent from falling below $70, says Sergey Tereshkin (Prime news agency). Against the backdrop of instability in the global oil market, Iran has joined Saudi Arabia's initiatives aimed at supporting prices. The article examines Iran's key measures, the response of other OPEC+ countries, and the potential market consequences. How will these actions affect the supply-demand balance ...

Oil Reserve Increase in the US: Implications of the Latest EIA Report for Buyers and Investors

... volumes and choose optimal timing for contracts. Declining Demand Amid Economic Uncertainty Economic instability and decreasing global demand for energy resources are restraining price growth. For large consumers, this means the ability to secure contracts ... ... Planning and Price Stability The increase in oil inventories creates an excellent opportunity for buyers, as an oversupplied market lends itself to maintaining acceptable prices. Now is an optimal time to secure long-term contracts with fixed delivery ...

How to Diversify Your Investment Portfolio: A Practical Guide

... reliable way to diversify. Real estate is not subject to rapid fluctuations, and its value can grow, especially in major cities. 5. Consider International Assets Investing in foreign assets helps reduce risks associated with the volatility of the Russian market. You can add international stocks, ETFs on global indices, or bonds from other countries to your portfolio. This provides stability, particularly in an unstable economic environment. 6. Invest in Funds and ETFs Funds and ETFs are excellent tools for diversification as they provide access to a ...