RBC Financial News

18.07 / 10:43

UPS Provident Strategy Align RBC Aurizon wants to carve 7 days off freight trip from Shanghai

Aurizon shares fell 5 per cent on Tuesday as the country’s largest ASX-listed rail freight company said earnings for the 2023 financial year would come in at the lower end of forecasts, which it had already downgraded.

14.07 / 18:15

Career Platform RBC Moelis MA Moelis hires for resources, industrials research

MA Moelis Australia has made two additions to its equity research team, with a focus on resources and industrials research.

13.07 / 19:03

RBC CIBC Bank of Canada Big six lenders raise prime rates past 7% after Bank of Canada hike

The prime rate at Canada’s six largest banks rose in lockstep after the Bank of Canada’s latest rate hike on Wednesday, further tightening access to credit and the cost of borrowing for Canadians.

11.07 / 14:37

UPS Extreme COMPOSITE RBC Posthaste: How another Bank of Canada rate hike will affect the housing market

Good morning!

09.07 / 14:45

COST UPS Target RBC Pilbara Minerals weighs tilt at Patriot Battery Metals, RBC hired

Pilbara Minerals is understood to have hired RBC Capital Markets’ resources bankers to weigh a tilt at dual-listed explorer Patriot Battery Metals, whose Corvette lithium project in Quebec is due to put out an initial mineral resource in July.

07.07 / 11:27

UPS IPO Extreme Compilation Chase RBC FP Dealmakers: Rise in people 'just walking away' from transactions as M&A flow slows in first half

Tom Redekopp, managing director of the business law group at Dentons in Toronto, knew there was a seismic shift underway in mergers and acquisitions traffic when deals started abruptly falling apart midstream earlier this year.

06.07 / 06:25

COST Provident Microsoft Google Mobile RBC Traffic ChatGPT's explosive growth shows first decline in traffic since launch

ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm Similarweb. Worldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT's website dropped 5.7%. The amount of time visitors spent on the website was also down 8.5%, the data shows.

06.07 / 06:05

Provident Microsoft Google Platform Mobile RBC Traffic ChatGPT faces first-ever monthly traffic decline shows shift in user preferences: Report

ChatGPT, the highly popular AI chatbot introduced in November, experienced a decline in its website's monthly traffic and unique visitors for the first time in June, as reported by Similarweb, an analytics firm. Globally, the desktop and mobile traffic to the ChatGPT website witnessed a decrease of 9.7 per cent in June compared to May, while the number of unique visitors to the website dropped by 5.7 per cent. Additionally, the data reveals that visitors spent 8.5 per cent less time on the website.

06.07 / 01:55

Lowe's Waters Strategy CME RBC Dollar firms on rate hike views after Fed minutes, yen treads water

By Rae Wee

05.07 / 15:33

COST UPS Citi Lowe's RBC NOT Posthaste: Owning a home 'huge, if not impossible' stretch for many households in these Canadian cities

Good morning,

05.07 / 15:01

Provident FIVE RBC Dollar steady before Fed minutes; yen hovers near 145-mark

dollar held steady against other major currencies on Wednesday as traders waited for minutes from the Federal Reserve's last policy meeting that could offer clues to the outlook for interest rates. Australia's dollar fell in line with the Chinese yuan after data showed China's services activity expanded at the slowest pace for five months in June, the latest sign of a sputtering post-pandemic recovery in the world's second-largest economy. The dollar index — which measures the U.S.

04.07 / 12:51

RBC RBC Capital Markets adds trio of bankers for European DCM team

RBC Capital Markets has hired a trio of bankers to bolster its European debt capital markets team.

04.07 / 11:29

UPS Lowe's Reuters Strategy RBC Yen firms amid intervention chatter, Aussie rises on RBA decision

By Ankur Banerjee and Harry Robertson

02.07 / 09:51

UPS Citi Aware RBC EastLink auction gears for kick-off despite Transurban’s ACCC pothole

It’s pedal to the metal for deal teams waiting on the auction for Melbourne toll-road operator EastLink, with a July kick-off still on the calendar after the most likely buyer, Transurban, was warned that the competition regulator had concerns about it acquiring another motorway.

02.07 / 05:45

Provident Aware RBC RBC snares ex-Morgan Stanley banker to win more consumer, retail deals

RBC Capital Markets has hired Andrea Sartore as a director from Morgan Stanley to cover consumer and retail clients.

30.06 / 13:05

UPS HSBC RBC CIBC RBC faces pressure to bolster capital after banking watchdog hikes buffer

Royal Bank of Canada is under new pressure to bolster its capital levels after the country’s financial regulator raised the minimum buffer for the largest banks.

30.06 / 13:05

UPS FIVE Man RBC CIBC Canaccord management abandons $1.1-billion buyout bid

A management group at Canaccord Genuity Group Inc. that included the chief executive and chairman has given up a bid to privatize the independent investment dealer after failing to win enough shares and regulatory approval to satisfy their $1.1-billion offer.

30.06 / 13:05

COST UPS Waves Booking RBC Mortgage growth is slowing, but Canada's big banks aren't worried yet

Canada’s biggest banks are warning that mortgage growth is slowing and is expected to stay subdued for the rest of the year, as higher interest rates bite deeper into the economy.

06.06 / 17:56

UPS Platform RBC Russia’s Rosbank Begins ‘Int’l Crypto Pay Pilot’ – Banks Joining Government’s Crypto Plan?

The Russian megabank Rosbank says it has launched a “cross-border crypto payments” pilot.

25.05 / 08:49

COST UPS Citizens RBC Borrowing UK borrowing rates close in on last year's 'mini-budget' crisis levels

LONDON — U.K. borrowing costs are nearing levels not seen since the throes of the bond market crisis triggered by former Prime Minister Liz Truss' disastrous mini-budget.

12.05 / 12:29

COST UPS Twitter CEO Tesla RBC JD.com Stocks making the biggest moves in the premarket: Tesla, JD.com, Fox & more

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