Royal Bank loses $50-million
Previously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out
Previously disclosed charge pulls Canada's biggest bank into the red; results meet expectations when the charge is factored out
Loonie tops 90 cents off as U.S. currency loses favour; traders shrug off sketchy Canadian economic picture
Larger rival is ‘on the ropes,' CEO says; Alberta-based carrier wants to add 18 new destinations over next four years
| Rank | Headline |
|---|---|
| 4. | Macquarie snaps up Tristone for $130-millionAcquisition of Calgary-based energy investment bank will give Australian group broader geographic reach |
| 5. | Arctic contains 13 per cent of remaining oilU.S. Geological Survey also updates natural gas deposits as Canada and its polar neighbours pursue competing claims in the region |
| 6. | Economic data boosts hopes of recoveryJapanese factory output posts biggest monthly gain since 1953; Indian economic growth holds up better than expected |
| 7. | Copper bounces to three-week highCopper headed for 7.7 percent rise in May, fifth in a row |
| 8. | Oil surges above $65Crude hits six-month high, riding wave of optimism over economic recovery |
| 9. | Top CPPIB officials take pay cutFour executives of pension plan investment board saw compensation drop 31 per cent last year |
| 10. | Gold jumps above $970/oz as dollar weakensPrecious metal climbs to firmest level since late February |
| 11. | Black applies to Supreme Court for bailLawyer argues that media baron is no flight risk and should be released while court reviews his conviction |
| 12. | Markets set to end May on a better noteMonth has been marked by volatility; Currency and oil outlooks pose threats |
| 13. | Summer driving will be cheaper than last year: NEBOil prices expected to remain in the $50 to $60 ranges over the next few months, National Energy Board predicts |
| 14. | Fiat boycotts Berlin meeting on OpelCompany's Italian-Canadian CEO calls German government's search for new owner ‘complicated and uneven' |
| 15. | Canadian taxpayers to hold GM sharesOttawa, Ontario get stake in battered auto maker in return for financing |