World markets
| Shanghai | 2,288.53 | +12.87 (0.57%) |
| Nikkei 225 | 14,612.45 | +128.47 (0.89%) |
| Hang Seng Index | 22,618.67 | -51.01 (-0.23%) |
| TSEC | 8,209.78 | -28.05 (-0.34%) |
| FTSE 100 | 6,654.34 | -42.45 (-0.63%) |
| EURO STOXX 50 | 2,764.29 | -12.49 (-0.45%) |
| CAC 40 | 3,956.79 | -10.36 (-0.26%) |
| S&P/ASX 200 | 4,983.50 | -78.90 (-1.56%) |
| BSE Sensex | 19,704.33 | +30.00 (0.15%) |
| KOSPI | 1,973.45 | +4.26 (0.22%) |
After backlash, RBC pledges to not send work offshore just to cut costs
TORONTO -- The Royal Bank of Canada, which faced a fierce backlash earlier this year over an outsourcing arrangement involving the use of temporary foreign workers, said Friday it won't send work offshore just to save on salaries.
| 12,667.22 | +9.13 | (0.07%) | |
|
| 948.32 | +6.27 | (0.67%) | |
| 15,303.10 | +8.60 | (0.06%) | ||
| 1,649.60 | -0.91 | (-0.06%) |
Top stories
By Alastair Sharp. TORONTO (Reuters) - Canada's main stock index reversed earlier losses on Friday after several stocks jumped on takeover moves, helping the TSX shrug off uncertainty over U.S.
Proposed changes to U.S. meat labelling laws are unsatisfactory and continue to discriminate against Canadian beef and hog producers, Ottawa says, raising the spectre of retaliatory action from the federal government.
Kinder Morgan announced Friday that it has taken another step toward twinning its Trans Mountain pipeline by filing a project description with the National Energy Board.
TD-bank Toronto-Dominion Bank Group President and Chief Executive Ed Clark delivers a speech at the company's annual general meeting in Victoria, British Columbia in this March 31, 2011 file photo.
Bausch & Lomb Inc. is nearing a deal to sell itself to drug maker Valeant Pharmaceuticals International Inc. for about $9 billion, according to people familiar with the matter�a surprise move that highlights a resurgence in private-equity deal making after years ...
Trends
| Popular searches on Google | Change | Mkt Cap | |
| MBT | Manitoba Telecom Services | 5.70% | 2.29B |
Bank of Canada daily digest
| Money markets | Change | |
| Overnight rate | 1.00% | +0.0009 |
| Corporate paper, 1 month | 1.12% | 0.00 |
| Treasury bill, 1 month | 0.950% | 0.00 |
| Inflation | ||
| Total consumer price index | 0.400% | -0.6000 |
| Interest rates | ||
| 10 year bond | 2.39% | +0.0100 |
| Prime business rate | 3.00% | 0.00 |
| Conventional mortgage, 5 yrs | 5.14% | 0.00 |