Royal Bank of Canada is the first major lender to lower mortgage rates after five-year bond yields fell in the wake of a surprise cut by the Bank of Canada last week, according to rate-monitoring websites.
Uniqlo Customers look at clothes on display at a branch store of Japanese clothing giant Uniqlo in Tokyo on January 15, 2015. (AFP PHOTO / Yoshikazu TSUNO) ?
MONTREAL - Bombardier Inc. (TSX:BBD.B) is preparing to sell its Military Aviation Training unit for C$19.8 million to CAE Inc. (TSX:CAE), a Montreal-based company that specializes in training equipment and services.
Economic activity in Alberta is projected to grind to a virtual standstill in 2015 due to depressed oil prices, says a new Provincial Economic Forecast by TD Economics.
... * S&P cuts Russia's sovereign credit rating. * Rating is "junk" for first time in a decade. * Russia hit by sanctions, oil price fall (Adds quotes).