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Global economy’s recovery hinges on stimulus, virus battle, officials say
October 21, 2020October 15, 2020 utopiachaletcom

Global economy’s recovery hinges on stimulus, virus battle, officials say

Business

Global finance leaders on Tuesday said the world economy had escaped a coronavirus-triggered collapse so far, but warned that failure to conquer the pandemic, maintain

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UniCredit picks former Treasury chief Padoan as chairman
October 20, 2020October 15, 2020 utopiachaletcom

UniCredit picks former Treasury chief Padoan as chairman

Business

Italian bank UniCredit CRDI.MI on Tuesday named economist Pier Carlo Padoan as director and said it would appoint the former Treasury chief as chairman when

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Citigroup’s Corbat faces tense analyst questions as he approaches exit
October 19, 2020October 15, 2020 utopiachaletcom

Citigroup’s Corbat faces tense analyst questions as he approaches exit

Business

Citigroup Inc’s outgoing chief executive came under fire on Tuesday for mistakes that have led to regulatory penalties, with analysts questioning his pay and why

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World stocks pause rally on J&J news, dollar bounces from three-week low
October 18, 2020October 15, 2020 utopiachaletcom

World stocks pause rally on J&J news, dollar bounces from three-week low

Business

The dollar rose from a three-week low on Tuesday while U.S. and European shares eased, as news of pauses in trials of a COVID-19 vaccine

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How the G20’s Debt Service Suspension Initiative works
October 17, 2020October 15, 2020 utopiachaletcom

How the G20’s Debt Service Suspension Initiative works

Business

The G20 group of rich nations and big emerging powers will extend their Debt Service Suspension Initiative (DSSI) until the middle of next year, a

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Top five takeaways from Apple’s iPhone launch event
October 16, 2020October 15, 2020 utopiachaletcom

Top five takeaways from Apple’s iPhone launch event

Business

Apple Inc on Tuesday announced four new iPhones that can tap 5G wireless data networks and a cheaper smart speaker that will compete with offerings

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GM seeks reinstatement of its racketeering case against Fiat Chrysler
October 15, 2020 utopiachaletcom

GM seeks reinstatement of its racketeering case against Fiat Chrysler

Business

General Motors Co GM.N on Tuesday filed an appeal with the 6th Circuit Court of Appeals in Cincinnati, seeking reinstatement of its racketeering lawsuit against

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