Wednesday June 19, 2013


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RBC takes more optimistic view of Canadian economy, raises growth forecast

TORONTO - Economists at the Royal Bank group (TSX:RY) say Canada's growth appears to be stronger than previously thought....

posted: June 19,2013





Business News

FedEx 4Q profit down as customers choose cheaper service amid low-growth economy

DALLAS - FedEx's quarter profit is down 45 per cent from a year ago as customers trade down to less-expensive delivery options and the package delivery company restructures some parts of its business....

posted: June 19,2013

Consumers' demands changing media and entertainment companies: global survey

MONTREAL - Consumer use of technology is transforming media and entertainment companies with almost 60 per cent of their revenues expected to come from digital sources by 2015, a new global survey says....

posted: June 19,2013

Greek coalition parties back in talks to end TV crisis; state broadcaster remains off air

ATHENS, Greece - Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT....

posted: June 19,2013

Accounts and accountability: UK committee says bankers must take more responsibility

LONDON - British bankers could soon be facing harsher penalties for behaving badly....

posted: June 19,2013

Price of oil rises near $99 as traders await comments by US central bank chief Ben Bernanke

BANGKOK - The price of oil rose Wednesday, before the conclusion of a U.S. Federal Reserve meeting....

posted: June 19,2013

Thailand cuts rice subsidy price after $4.4B loss in controversial scheme

BANGKOK - Thailand will pay farmers 20 per cent less for rice to stem losses from a much-criticized subsidy program that dislodged the country from its spot as the world's No. 1 exporter of the grain, a government minister said Wednesday....

posted: June 19,2013


Study: Wiser medication use could save US $213 billion a year in avoidable health care costs

posted: June 19,2013

Oil filter issue prompts United Airlines 787 flying from Denver to Tokyo to divert to Seattle

posted: June 19,2013

IMF says Spain making progress but calls for urgent action to slash unemployment

posted: June 19,2013

GM starts work on China Cadillac plant as luxury vehicle sales growth slows

posted: June 19,2013

Swedish government sells 260 million shares in bank Nordea for $3 billion

posted: June 19,2013

World markets mostly down as investors await Fed meeting's results

posted: June 19,2013

Trial opens against former Finmeccanica CEO in corruption case involving helicopter deal

posted: June 19,2013

Fashion retailer H&M's Q2 profit down 11 per cent amid challenging markets and krona strength

posted: June 19,2013

House to consider cuts to food stamps as part of massive farm bill

posted: June 19,2013

Inside the new W.Va. mine safety lab - fire, flood, roof falls help miners train for disaster

posted: June 19,2013

From statement to forecasts to news conference, here's what to watch for from the Fed

posted: June 19,2013

Japan watchdog formally OKs new safety requirements at nuke plants, paves way for resumption

posted: June 19,2013

Netflix to expand to Netherlands, its 41st country, later this year.

posted: June 19,2013

China's Wanda buys luxury British yacht maker Sunseeker, to develop London hotel project

posted: June 19,2013

GAO: Smooth and timely launch uncertain for Obama health law; administration making progress

posted: June 19,2013




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