Direct Loan Canada Blog

The Dominican Republic partially reopened its border with Haiti on Wednesday to limited commercial activity nearly a month after shuttering the frontier in a continuing spat over construction of a canal targeting water from a shared river.
Source: ctv business
Dominican Republic has partially reopened its border with Haiti. But a diplomatic crisis persists

Malaysia’s national carmaker Proton and its Chinese partner Geely are considering setting up a plant in Thailand to produce electric vehicles, Thai Prime Minister Srettha Thavisin said on Wednesday.
Source: ctv business
Chinese carmaker Geely and Malaysia’s Proton consider EV plant in Thailand, Thai prime minister says

A scathing report from the University of Calgary’s School of Public Policy says the Alberta Energy Regulator has a culture of secrecy and confidentialities, which has hampered its ability to clean up inactive and orphaned wells.
Source: ctv business
Alberta Energy Regulator stands in the way of orphan well clean up: report

Spin Master Corp. announced a deal on Wednesday to buy U.S.-based toy company Melissa & Doug for US$950 million in cash.
Source: ctv business
Spin Master signs deal to buy Melissa & Doug for US0 million

LVMH-backed Birkenstock was set to list its shares on the New York Stock Exchange on Wednesday after the German luxury sandal maker notched a valuation of US$9.3 billion in its U.S. initial public offering.
Source: ctv business
German sandal maker Birkenstock worth billions after U.S. initial public offering

Thousands of travellers faced disruption as all flights were suspended on Wednesday at London’s Luton airport after a fire tore through a newly built parking garage, destroying vehicles and partially collapsing the structure.
Source: ctv business
Dozens of flights are cancelled after a fire rips through a parking garage at London’s Luton Airport

Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion.
Source: ctv business
Birkenstock prices its initial public offering of stock valuing the sandal maker at .64 billion

Highly pathogenic bird flu has made its first appearances in U.S. commercial poultry flocks this season, affecting one turkey farm in South Dakota and one in Utah and raising concerns that more outbreaks could follow.
Source: ctv business
Deadly bird flu reappears in U.S. commercial poultry flocks in Utah and South Dakota

China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic development, releasing a government report that praises the program while glossing over criticism that it has saddled poor countries with too much debt.
Source: ctv business
China touts its Belt and Road infrastructure lending as an alternative for international development

The chaos that has surrounded Elon Musk’s acquisition of Twitter has been well documented, and indeed, has unfolded in plain sight to anyone who has visited the site since he completed the deal almost a year ago.
Source: ctv business
‘Elon Musk’s Twitter Takeover’ marks a chaotic year since the billionaire made X his spot