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RBC hikes dividend amid record Q3 profit as oil woes diminish - bnn.ca + MORE Aug 24th
Financial PostRBC hikes dividend amid record Q3 profit as oil woes diminishbnn.caTORONTO - Royal Bank of Canada reported slightly higher-than-expected quarterly results on Wednesday after rising oil prices allowed it to set aside less money to cover energy companies' bad loans. Like other Canad.... More »
North American stock markets pull back as summer earnings season kicks off + MORE Jul 8th
TORONTO – The Toronto stock market pulled back Tuesday, with traders looking to gauge the health of the North American economy as the summer corporate earnings season gets underway.
The S&P/TSX composite index fell 92.03 points to 15,080.85, dragged down by energy and financial stocks.
The.... More »
Where are Nvidia’s chips made? Apr 15th
Nvidia announced Monday that it will produce its artificial intelligence (AI) super computers in the United States for the first time.
AP Photo
The tech giant said it has commissioned more than one million square feet of manufacturing space to build and test its specialized Blackwell chips in .... More »
In the search for savings, the workplace gets an overhaul Dec 30th
Big companies are getting serious about cutting their real estate costs by giving employees less room. That could have a profound impact on the market as developers plan millions of square feet of new space
.... More »
The Lose-Lose Tax Policy Driving Away U.S. Business + MORE Jun 11th
There's a good reason why American companies are sitting on $2 trillion in unremitted foreign earnings..... More »
World stocks endure losses as concerns grow about military intervention in Syria, oil soars
– macleans.ca
BANGKOK – The growing likelihood of Western military action against Syria pummeled global stock…
Canada’s Best Credit Cards 2013: Methodology
– moneysense.ca
Earn 1% on your purchases is a typical line in many credit card ads. It sounds simple, right? We can assure you it’s not. The vast majority of credit cards are notoriously complex in their construction. Some cards have reward tiers, meaning you won’t earn that 1% until you’ve spent a certain amount, while others cap how many points you can earn. How you spend can even impact which card is right for you.
To help you find the best card we ran more than a 200 credit cards through a series of different scenarios, depending on your goals and spending patterns. We looked credit cards issued by RBC, TD, Scotiabank, BMO, CIBC, National Bank, HSBC, Capital One, MBNA, President’s Choice, Canadian Tire Financial, American Express, Chase and Desjardins. We did not look at every card offered by each issuer.
This list is based on scenarios and assumptions built around how a typical holder might use the card and may vary from how you actually use your cards. Our data is current as of August 2013…
To help you find the best card we ran more than a 200 credit cards through a series of different scenarios, depending on your goals and spending patterns. We looked credit cards issued by RBC, TD, Scotiabank, BMO, CIBC, National Bank, HSBC, Capital One, MBNA, President’s Choice, Canadian Tire Financial, American Express, Chase and Desjardins. We did not look at every card offered by each issuer.
This list is based on scenarios and assumptions built around how a typical holder might use the card and may vary from how you actually use your cards. Our data is current as of August 2013…
Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina
– canadianbusiness.com
MONTEVIDEO, Uruguay – Uruguay has inaugurated a desulfurization plant for the county’s sole oil refinery.
The refinery expansion in Montevideo is a joint venture of Argentina’s state-owned YPF and Uruguay’s ANCAP oil companies.
The plant will reduce by 99.5 per cent the amount of sulfur in diesel fuel and some 85 per cent in gasoline to improve ANCAP’s environmental standards and efficiency. The sulfur will be collected and sold to a Uruguayan company to be used for fertilizers.
Argentine President Cristina Fernandez said during the plant’s unveiling Tuesday that the $400 million investment marks a milestone in relations between the neighbouring nations.
Uruguayan President Jose Mujica said the expansion helps ANCAP to remain in the industry as the sulfur was badly damaging the refinery’s equipment. Uruguay’s presidency puts the investment at about $350 million.
The post Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina appeared first on Canadian Business.
The refinery expansion in Montevideo is a joint venture of Argentina’s state-owned YPF and Uruguay’s ANCAP oil companies.
The plant will reduce by 99.5 per cent the amount of sulfur in diesel fuel and some 85 per cent in gasoline to improve ANCAP’s environmental standards and efficiency. The sulfur will be collected and sold to a Uruguayan company to be used for fertilizers.
Argentine President Cristina Fernandez said during the plant’s unveiling Tuesday that the $400 million investment marks a milestone in relations between the neighbouring nations.
Uruguayan President Jose Mujica said the expansion helps ANCAP to remain in the industry as the sulfur was badly damaging the refinery’s equipment. Uruguay’s presidency puts the investment at about $350 million.
The post Uruguay inaugurates desulfurization plant for its refinery in joint venture with Argentina appeared first on Canadian Business.
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
World stocks endure losses as concerns grow about military intervention in Syria, oil soars
– canadianbusiness.com
BANGKOK – The growing likelihood of Western military action against Syria pummeled global stock markets Wednesday and sent the price of oil soaring. India’s rupee, already under pressure from the country’s deteriorating economic and financial situation, fell dramatically.
Fears that the U.S., Britain and other countries are gearing up to confront Syria over its alleged use of chemical weapons against civilians rose after Defence Secretary Chuck Hagel said the U.S. military stands ready to strike against Syria if President Barack Obama gives the order.
“Investors are sort of battening down the hatches a bit. I get the sense that this looks like a situation that is likely to be with us for a while,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “One reason the market has started to fall is that people are thinking this may not be a one-off blip that will only last a week. The stakes have been raised by the use of chemical weapons,” he said…
Fears that the U.S., Britain and other countries are gearing up to confront Syria over its alleged use of chemical weapons against civilians rose after Defence Secretary Chuck Hagel said the U.S. military stands ready to strike against Syria if President Barack Obama gives the order.
“Investors are sort of battening down the hatches a bit. I get the sense that this looks like a situation that is likely to be with us for a while,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “One reason the market has started to fall is that people are thinking this may not be a one-off blip that will only last a week. The stakes have been raised by the use of chemical weapons,” he said…


