Economy

The head of the US Treasury Department told when Washington will run out of money

The head of the US Treasury Department told when Washington will run out of money

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The head of the US Treasury Department told when Washington will run out of money
US Treasury Secretary Janet Yellen said that the available cash reserves in the Treasury may run out in October. She called on the government to increase the debt limit

Economy

Revenue of large US companies exceeded the level before the pandemic

Revenue of large US companies exceeded the level before the pandemic

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Revenue of large US companies exceeded the level before the pandemic
According to the results of the 2nd quarter, more than 75% of American companies recorded revenue growth to a volume exceeding the pre-pandemic level

Economy

Hackers threaten global trade

Hackers threaten global trade

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Hackers threaten global trade
Trade ports are increasingly relying on robotics and digital operations instead of human labor. This puts it at risk of hacker attacks

Economy

U.S. exchanges scared of Chinese repression

U.S. exchanges scared of Chinese repression

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U.S. exchanges scared of Chinese repression
The head of the U.S. Securities and Exchange Commission (SEC) Gary Gensler decided to make it difficult for Chinese companies to enter the IPO in the United States

Economy

The world's largest companies began to save money

The world's largest companies began to save money

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The world's largest companies began to save money
Apple, Google, and other companies began to accumulate cash. At the end of the second quarter, the balance sheet of the largest non-financial companies in the world reached 6.85 trillion dollars

Economy

Adidas announced the sale of Reebok for €2.1 billion

Adidas announced the sale of Reebok for €2.1 billion

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Adidas announced the sale of Reebok for €2.1 billion
Germany's Adidas AG, the second-largest manufacturer of sporting goods, is selling the Reebok brand for €2.1 billion to the U.S. company Authentic Brands Group

Economy

BlackRock Foundation wants to gain control over energy in developing Asia

BlackRock Foundation wants to gain control over energy in developing Asia

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BlackRock Foundation wants to gain control over energy in developing Asia
Investment fund BlackRock is developing a plan to abandon coal-fired power plants in the world ahead of time. This was reported by the Bloomberg agency with reference to its own sources