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Latest RY News From Around the Web
Below are the latest news stories about Royal Bank Of Canada that investors may wish to consider to help them evaluate RY as an investment opportunity.
Royal Bank of Canada will allow most employees to keep working from home into 2021, although a "very small number" of staff in the greater Toronto area may return to workplaces in mid- to late- September, according to an internal memo seen by Reuters on Thursday.
Bank says a small number of employees may return in September, but most to stay at home
Rami Thabet, vice president of digital product at Royal Bank of Canada, will speak at Bank Innovation Build, which will be presented in a fully digital format Sept. 9-10. He will take part in a panel titled “Executing new investments and quantifying innovation ROI.” “I’m looking forward Build,” Thabet said. “It’s always a pleasure coming […]
Royal Bank of Canada (TSX:RY)(NYSE:RY) and TD Bank (TSX:TD)(NYSE:TD) are two of the most popular stocks in Canada. How do they differ? The post Comparing Canada’s 2 Top Banks appeared first on The Motley Fool Canada .
Royal Bank of Canada
(Bloomberg) -- Spot gold climbed after the Federal Reserve repeated a vow to use all its tools to support the U.S. economy and warned that the resurgent coronavirus is weighing on the outlook.The central bank, which left its benchmark interest rate unchanged near zero, also said it will extend emergency measures including temporary liquidity swap lines to ensure the global financial system has access to a ready supply of U.S. dollars. The dollar fell, and bullion headed for its ninth straight gain, the longest run since 2011.Gold is on course for its biggest annual increase in more than a decade, driven by concern over the coronavirus pandemic and damage to economies, with gains supported by negative real yields and a weaker dollar. In remarks after the statement was released, Fed Chair...
(Bloomberg) -- Shopify Inc. nearly doubled its revenue in the second quarter, crushing analysts’ estimates as a flood of merchants moved their businesses online during the coronavirus pandemic.Sales grew 97% to $714.3 million from the same quarter a year ago, Ottawa-based Shopify said in a statement Wednesday. Analysts had expected about $512 million, according to data compiled by Bloomberg.Gross merchandise volume, a key metric that represents the value of all goods sold through Shopify’s platform, surged 119% from a year earlier or to $30.1 billion. Analysts were expecting a 49% increase to $20.6 billion. Sales of food, beverages and tobacco doubled over the first quarter, the company said.“The strength of Shopify’s value proposition was on full display in our second quarter,” Chief F...
Investments in tech-based sustainability projects bring together more than 120 organizations to protect the world's natural ecosystemTORONTO, July 29, 2020 /CNW/ - RBC today announced its updated roster of partners for the RBC Tech for Nature program. Empowered by a commitment from the RBC Foundation to support new ideas, technologies, and partnerships, RBC Tech for Nature is focused on preserving the planet's greatest wealth: our natural ecosystem.
(Bloomberg Opinion) -- The main event has arrived. On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com Inc., Apple Inc. and Facebook Inc. and Google parent Alphabet Inc. — will go before a U.S. House subcommittee to address allegations of monopolistic practices and abusing the power of their platforms to crush or stifle competitors. Each of the giants is vulnerable in its own way. Apple, for instance, has come under increasing scrutiny for the onerous terms of its App Store, which has become a crucial gateway for developers to reach smartphone users; look for CEO Tim Cook to defend the company’s fee structure and its requirements to use Apple’s payment system. Count on Amazon’s Jeff Bezos to extol the benefits of its vast e...