Direct Loan Canada Blog

Meta has started blocking news for some Canadians on its Facebook and Instagram platforms in response to a Liberal government bill that could soon become law.
Source: ctv business
Local news, Quebec publishers first targets of Facebook’s block on Canadian news

U.S. company Bunge Ltd. has signed a deal to merge with Viterra Ltd., which is owned by Glencore, the Canada Pension Plan Investment Board and B.C. Investment Management Corp.
Source: ctv business
Bunge and Viterra sign merger agreement to create global agribusiness

The U.S. Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten a conclusion to the drawn-out dispute.
Source: ctv business
FTC sues to block Microsoft’s takeover of video game maker Activision Blizzard

Gains in the energy and base metal sectors helped Canada’s main stock index gain more than 100 points in late-morning trading, while the loonie also rose to top 75 cents US.
Source: ctv business
S&P/TSX composite up more than 100 points, U.S. stocks also higher

The Nordstrom flagship store in downtown Vancouver that opened with much fanfare in 2015 will close its doors for good on Tuesday.
Source: ctv business
10-cent pom poms and single shoes: What’s left at Nordstrom liquidation sale, as rumours swirl about its replacement

The Port of Vancouver placed second-to-last on a global ranking of hundreds of container ports, after some cargo ships waited weeks to unload their cargo last year.
Source: ctv business
Vancouver port ranked 347th of 348 on global efficiency list

More work needs to be done to improve Indigenous representation on corporate boards and in business, according to a panel of Indigenous women in the business world.
Source: ctv business
More work to be done on Indigenous representation in corporate world: panel

Swiss company Glencore it has made an offer to buy the steelmaking coal business of Teck Resources Ltd.
Source: ctv business
Glencore makes offer for the steelmaking coal business of Teck Resources

Goldman Sachs has slashed its forecast for oil prices by nearly 10 per cent, citing weak demand in China and a glut of supply from sanctioned countries, including Russia.
Source: ctv business
Goldman Sachs cuts oil price forecast by almost 10 per cent

Nasdaq on Monday said it will buy Thoma Bravo-owned software firm Adenza for US$10.5 billion, in what would be the exchange operator’s biggest acquisition as it speeds up its push to become a more tech-focused company.
Source: ctv business
Nasdaq deepens fintech push with US.5B Adenza deal