Gold prices firm as US jobs data fuels rate-cut bets Gold prices rose on Thursday, as signs of a cooling US labour market supported bets of an interest rate cut early... Published 07 Dec, 2023 10:49am
Business & Finance Royal Bank of Canada profit jumps on investment banking boost Royal Bank of Canada reported a rise in fourth-quarter profit on Thursday, as a strong performance in its corporate... Published 30 Nov, 2023 04:48pm
Markets SocGen’s new boss vows to cut costs to boost profits by 2026 LONDON: Societe Generale’s new CEO pledged on Monday to cut costs to boost profits by 2026, in a keenly-awaited plan... Published 18 Sep, 2023 12:16pm
Markets Fossil fuel demand to peak this decade: IEA chief tells FT PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner... Published 12 Sep, 2023 02:13pm
Business & Finance RBC plans thousands of job cuts after profit beat TORONTO: Royal Bank of Canada (RBC) warned of a softer economy ahead and plans to cut about 1,800 job to reduce ... Published 28 Aug, 2023 06:27am
Markets JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank JPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial... Published 13 Mar, 2023 10:21am
Business & Finance HSBC bank sells Canadian ops for over US$10bn LONDON: HSBC has agreed to sell its Canadian division to Royal Bank of Canada for US$10.1 billion, the Asia-focused... Published 30 Nov, 2022 05:53am
Markets Russia cuts gas flows further as Europe makes savings plea BERLIN/FRANKFURT: Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off... Published 28 Jul, 2022 04:41am
Markets Bank of Canada surprises with 100-bp rate hike as price risks gather steam OTTAWA: The Bank of Canada on Wednesday surprised markets with a full-percentage-point rate hike, a super-sized... Published 13 Jul, 2022 07:48pm
World Rogers network outage across Canada hits banks, businesses and consumers TORONTO: A major outage of Rogers Communications Inc's mobile and internet networks caused widespread disruptions... Published 09 Jul, 2022 12:40am