Weather Morning: 7°c Mostly cloudy Afternoon: 8°c Sunny spells

News

RSS

Royal Bank of Canada

Latest articles

Northumbrian Water snapped up by Hong Kong tycoon at £4.7 billion

02.08.11
Another important British utility is swallowed up by foreign ownership as Northumbrian Water is sold to Asia's richest man in the biggest takeover deal of the year... more

Groupon adds 11 new underwriters to $750m IPO

15.07.11
Don't expect too much negative comment from the big banks' analysts on Groupon, which is lining itself up for a flotation to raise $750 million... more

Profit warning hits Premier Farnell value

07.07.11
Premier Farnell loses a fifth of its value as it posts a profits warning because customers who stocked up after the Japanese earthquake had no need to shop for more electronic products since... more

Footsie serves up a winning day while Wimbledon beckons

24.06.11
Andy Murray was forced to wait till late this afternoon to knock up at Wimbledon, but the Footsie enjoyed a rally of its own... more

BAA raises $1bn with debut US 10-year bond

23.06.11
Heathrow-owner BAA raises $1 billion (£625million) from its first venture into the American institutional debt market... more

Miners a drag on Footsie as copper falls foul of HSBC

18.10.10
Market round-up: A gloomy verdict on the prospects for copper stocks and a rising dollar pushes the mining titans to the top of the blue-chip loser list ... more

BlueBay founders net £82m from fund's sale

18.10.10
Two City fund managers are £82 million richer after agreeing to sell the business they set up 10 years ago for almost £1 billion... more

BHP Billiton goes hostile in $39bn Potash bid with fees bonanza on the way

18.08.10
BHP Billiton goes hostile with its $39 billion offer for the world’s largest fertiliser maker, Potash Corp... more

City Spy: Double IPO trouble for Goldman Sachs?

16.07.10
The decision of Fairfield Energy to cancel its initial public offering is bad news for the six banks, brokers and financial advisers that advised on the failed float... more

UK exports to gain from soaring Chinese yuan

25.06.10
Exporters in Britain and other Western countries cheer as the Chinese yuan hits a five-year high against the US dollar... more

Royal Bank of Canada in Europe jobs drive

14.06.10
Royal Bank of Canada is planning to hire up to 100 staff in Europe as it expands its operations into European government debt and interest rate trading... more

Dana Petroleum's £270m deal for rival Petro Canada Netherlands

14.06.10
Dana Petroleum makes its biggest acquisition, spending £270 million on rival Petro Canada Netherlands... more

China shrugs off global struggles to beat forecasts

09.06.10
Chinese shares soar after stronger-than-expected government figures on export growth, bank loans and inflation... more

Manufacturing rockets to bolster hopes of a recovery

01.04.10
The economic recovery looks to be strengthening as British manufacturers benefit from the weak pound and activity rises at its fastest rate for more than 15 years... more

EU heads towards loans deal for stricken Greece

15.03.10
European Union finance ministers meet to discuss how they might provide loan guarantees to help Greece extricate itself from its financial crisis... more

Public servants enjoy boom time amid job losses in private sector

16.12.09
State payroll has ballooned to a record high of more than six million despite heavy job losses in the private sector in the recession... more

Dismal figures batter sterling

06.10.09
Sterling was hammered by a slump in factory output which cast fresh doubt over the economy’s health ... more

Recovery hopes grow as manufacturers up prices

11.09.09
Prices are again rising at the factory gate, sparking hopes of renewed economic recovery but also raising the spectre of inflation and tighter profit margins for business... more

Canadian move for stake buoys AIB

14.08.09
Allied Irish Banks’ shares jumped today as it emerged that Royal Bank of Canada has made an approach to buy a stake ... more

Shares on climb as talk of takeovers whets appetites

13.07.09
Shares rallied from opening falls after several billion pounds' worth of takeovers were dangled in front of City speculators in order to whet their appetites ... more

Service sector lifts revival hopes

06.05.09
Hopes that the worst of the recession may have passed were fuelled after the service sector enjoyed a better-than-expected month in April... more

Bank pressured to print more money as new cash is hoarded

01.05.09
The Bank of England was under pressure to print more money amid signs that its quantitative easing programme is not yet working ... more

Signs of recovery as new mortgage deals leap by 19%

30.03.09
The first signs of recovery in the housing market emerged with a sharp rise in the number of new buyers... more

US spending spree sends pound soaring against dollar

19.03.09
The dollar collapsed after traders gave the thumbs down to US Federal Reserve plans for a drastic $1 trillion spending spree to revive America’s economy... more

Bank tipped to cut rates as deflation risk looms

25.11.08
Banking: The City is betting on another deep cut in interest rates as Britain faces up to a dangerous bout of deflation... more

Interbank lending rates slip but many still hoarding cash

15.10.08
Banking: The strained money markets showed tentative signs of easing in the wake of unprecedented global action to stem the financial crisis... more

Irish guarantee all bank deposits for two years

30.09.08
Banking: The Irish government has rushed to prop up the country's banking system with a €400 billion (£270 billion) unlimited, comprehensive guarantee of all forms of deposits and loans to them for the next two years... more

Market report: Travel operators gain from fall in price of oil

09.09.08
The price of oil was today falling back toward $100 a barrel for the first time in five months after the Opec cartel signalled there would be no need to make cuts in production in order to underpin the price... more

High Street’s dive in trading is the worst for 25 years

28.08.08
The High Street suffered its worst trading in a quarter of a century this month as wet weather and creaking household finances put off shoppers... more

Analyst warns 300 US banks could fail in next three years

14.07.08
More than 300 banks could fail in the US within three years, a gloomy new assessment warns... more


Don't Miss