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RBC EUROPE LTD
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Wall St banks launch loan sale to refinance Warner Bros' bridge facilityThe entertainment company's total debt was about $32.7 billion at the end of March and the refinancing efforts come at a time when investor...
Weeks after showing off his nukes, Macron speaks to Putin in 3 years to discuss Middle East, Russia-Ukraine ceasefireEmmanuel Macron and Vladimir Putin spoke on the phone after a long gap of nearly three years. They discussed the Middle East tensions due t...
European refiners' golden era draws to end as demand sagsEuropean oil refiners TotalEnergies and Neste reported declining profit margins due to reduced demand for diesel and gasoline. TotalEnergie...
How a small crack in a pipeline gave a big jolt to Europe’s gas marketRepair efforts are ongoing for a pipeline on a Norwegian gas platform, highlighting the potential for even minor outages to impact European...
Bank lifelines ease global financial crisis fearsLarge U.S. banks injected $30 billion in deposits into First Republic Bank on Thursday, swooping in to rescue the lender caught up in a wid...
Credit Suisse shares soar 40% after central bank lifelineThe Euro Stoxx Banks Index climbed 3.5% at 9:09 a.m. in Paris after tumbling 8.4% Wednesday, the most since March 2020, on mounting concern...
Luxury sector impatient for return of Chinese touristsThe Chinese accounted for "a third of luxury purchases in the world and two-thirds of those purchases were made outside China", said Joelle...
Oil dips near 2-month lows as supply concerns easeTight crude supplies in Europe have eased as refiners have piled up stocks ahead of the Dec. 5 European Union embargo on Russian crude, put...
EMs hurt less as dollar’s wrath sinks rich nationsWe are seeing in developed markets the same forces that emerging markets have grappled with for the past few decades; inflation pressures a...
Snarled-up ports point to worsening global supply chain woes: ReportShips and containers must both be available at the right time and place to prevent cancelled bookings. Any mismatch results in ships runnin...
Several buyers agree to pay in roubles for Russian gas: Alexander Novak, Russian Deputy PMPresident Vladimir Putin said last month that buyers of Russian gas from "unfriendly" countries should pay in roubles, a move rejected by E...
Volatile oil prices poised for second monthly declineU.S. West Texas Intermediate (WTI) crude fell 4 cents to $36.13 after dipping to its lowest since June on Thursday. It is on track for an 1...
European stocks open lower as food stocks fall on Kraft HeinzThe markets are starting to build in expectations of a near-term settlement to the trade war.
Millionaires are turning to 'robo advisors', but only in some parts of the worldAt least among millionaires, robo-advisors are most popular outside the US and Europe, according to the annual Capgemini and RBC Wealth Man...
Number of High Net Worth Individuals and their wealth hits new highsAccording to the report, majority of the millionaires and their wealth is evenly distributed between North America, Europe and Asia-Pacific.
RBC: The Fed is going to hike rates earlier and faster than the market expectsRBC's Jordan Kotick and Jay Govender note that US economic data across the board is stronger today than in 1994, when the Fed was last star...
- Regal Beloit buys Alstom's motors & fans business here
Regal Beloit Corporation on Sunday announced that the company has acquired Alstom’s motors and fans business in India.
- Canada's Royal Bank seeks RBI nod for India entry
Canada’s largest bank in terms of market capitalisation and asset base, Royal Bank of Canada , is applying for regulatory approval with the...