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Mexico wants to revive $10 billion lawsuit

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Mexican authorities have been urging US appeals court to revive a $10 billion lawsuit against US gun manufacturers, which allegedly have facilitated gun trafficking to drug cartels.
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31 Jul 2023

Dow reveals abysmal quarterly results

Dow Chemical has published a 70% decline in quarterly profits. The company has attributed the decline to lower product prices and weak sales volume. Moreover, the company expects the macroeconomic environment to continue to be challenging.

31 Jul 2023

GM cuts costs

General motors has announced that due to declining profits in the second quarter of the year the company would continue its cost cutting campaign.

25 Jul 2023

RTX stock price plummets on news

RTX Corporation, which previously was known as Raytheon Technologies Corporation, has revealed that a major portion of its Pratt & Whitney GTF engines require removals and inspections. The announcement caused a stock price drop of more than 15.50% during the first half hour of the day's New York stock trading