3M and DuPont win court case

Source: Dukascopy Bank SA
US appeals court has ruled in favour of 3M and DuPont in an allegedly toxic chemicals case that would have otherwise allowed 11.8 million Ohio residents to sue the companies.
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Wed, 29 Nov 2023 13:38:28 GMT

US GDP moves the markets

At 13:30 GMT, the United States Bureau of Economic Analysis published the US Preliminary Gross Domestic Product data. The initial reaction to the publication was a US Dollar decline. The markets expected the US GDP to have increased by 5.0% on a quarter to quarter basis. However, the actual number turned out to be 5.2%.

Wed, 29 Nov 2023 12:30:03 GMT

ECB reveals AI research results

The European Central Bank has revealed that its research has concluded that artificial intelligence does not threaten jobs, but actually it is set to reduce wage levels.

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