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RBC powers up dividend as markets boost earnings

  Bloomberg Royal Bank of Canada (RBC), the country’s largest lender by assets, raised its dividend after posting first-quarter profit that beat analysts’ expectations, led by higher wealth-management earnings and a surge in trading revenue. Net income for the period ended Jan. 31 rose 24 percent to C$3.03 billion ($2.31 billion), or C$1.97 a share, from C$2.45 billion, or C$1.58, ...

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Take technology for a spin

  DETROIT / AP Car shopping isn’t just about kicking the tires anymore. It’s also about testing the technology. The rapidly evolving in-car infotainment and navigation systems can be bewildering for all but the most tech-savvy car buyers. The average vehicle on US roads is 11 years old; that means many people last went car shopping before iPhones were invented. ...

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Britain banks on robots, artificial intelligence to boost economy

  Bloomberg Britain is betting that the rise of the machines will boost the economy as the country exits the European Union. As part of its strategy to champion specific industries, the UK government said in a statement on Sunday that it would invest 17.3 million pounds ($21.6 million) in university research on robotics and artificial intelligence. The government cited ...

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