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LONDON (Reuters Breakingviews) - The regional head of the International Monetary Fund, Abebe Aemro Selassie, joins Swaha Pattanaik to discuss how the Washington-based lender is helping hard-hit countries, debt difficulties, the need for reform

Euro zone banks tightened access to credit in the third quarter of the year and expected to continue doing so in the remainder of the year as they grew more worried about the impact of the coronavirus pandemic, a European Central Bank survey showed on Tuesday.

(RTTNews) - Asian stocks fell on Tuesday as record daily jumps in coronavirus infections in the United States, Russia and France coupled with fading hopes for U.S. stimulus added to a gloomy economic outlook. Chinese shares ended flat with a positive bias as investors awaited the

(RTTNews) - As per a report published in the Financial Times, Rolls Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) is planning new cost cutting actions which include: temporarily close factories; reduce benefits; and cut working hours. The Group is also reportedly facing strike at

(RTTNews) - Disneyland Paris is building one of the largest solar canopy plants in Europe, the company said in a release on the occasion of World Energy Day.The solar plant, being set up in partnership with Urbasolar, spreads in 42 acres, with 67,500 solar panels, and is expected

Earnings Beat: Headquartered in London, BP plc BP reported third-quarter adjusted earnings of 3 cents per American Depositary Share (ADS) on a replacement cost basis. The bottom-line beat the Zacks Consensus Estimate of loss of 9 cents per share.

(RTTNews) - BP Plc (BP.L, BP_UN.TO, BP) reported Tuesday that its third-quarter replacement cost or RC loss was $644 million, compared to last year's loss of $351 million.RC loss per ADS was $0.19, compared to loss of $0.10 last year.

Sampo has received all regulatory and antitrust approvals needed for its acquisition of British motor insurer Hastings, the Finnish financial group said on Tuesday.

Dutch insurer Aegon has put its Eastern European business up for sale as it seeks to raise cash to better cope with the fallout of the coronavirus crisis and revamp earnings in its core markets, two sources familiar with the matter said.

(RTTNews) - Asia-focused lender HSBC Holdings Plc reported Tuesday weak profit and revenues in its third quarter, while adjusted deposits increased from the previous year. Further, the company accelerated its restructuring plan, expecting to beat its Group cost target of =$31 bil

(RTTNews) - Spanish Financial Group Banco Santander S.A. (BNC.L, BSBR, SAN) reported Tuesday that its third-quarter attributable profit was 1.75 billion euros, up 249% from the prior year that included a non-cash goodwill impairment and other charges.On an underlying basis, profi

(RTTNews) - Teck Resources Limited (TCK_A.TO, TECK) reported third quarter adjusted earnings per share of C$0.24 compared to C$0.69, a year ago. Adjusted EBITDA declined to C$638 million from C$1.06 billion. Revenues were C$2.29 billion compared to C$3.03 billion, prior year. The

(RTTNews) - Covestro AG (CVVTF.PK, COVTY.PK), a manufacture of high-tech polymer materials, Tuesday reported higher net profit for the third quarter, but sales slid from last year due to lower selling prices. The company raised its EBITDA guidance for the full year.The company's

(RTTNews) - Novartis AG (NVS) reported that its third-quarter net income declined 5% to $1.93 billion from last year, as higher operating income was offset by a higher tax rate. Quarterly net income was flat at constant currencies basis.Earnings per share was $0.85, down 6% or fl

(RTTNews) - RATIONAL AG (RTLLF.PK) reported a 21% decline in third-quarter sales revenues, that amounted to EUR 168.2 million compared to EUR 213.2 million last year.Profit after tax totaled EUR 28.5 million versus EUR 47.6 million reported a year ago. On a per share basis, earni

(RTTNews) - Capgemini Group (CGEMY.PK, CAPP) reported third quarter consolidated revenues of 4.01 billion euros, up 15.6% year-on-year at current exchange rates and 18.4% year-on-year at constant exchange rates. On an organic basis, revenue was down 3.6%, for the quarter. Booking

(RTTNews) - Today's Daily Dose brings you news about the amended immuno-oncology collaboration agreement between AnaptysBio and GlaxoSmithKline, BioSig discontinuing its phase II trial of investigational antiviral Merimepodib in COVID-19, the failure of Catabasis' phase III trial

(RTTNews) - Pacific Gas and Electric Company, a unit of PG&E Corp. (PCG), said it has restored power to more than 156,000 of the approximately 345,000 customers impacted by the Public Safety Power Shutoff that started on Oct. 25. PG&E said all remaining customers are anti

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(RTTNews) - European stocks look set to open on a cautious note Tuesday after the United States, Russia and France set daily records for coronavirus infections.Fear and anxiety are spiking along with the virus in U.S. hot spots as the number of hospitalized patients reached a two