Direct Loan Canada Blog

T-Mobile US Inc. said on Wednesday it would buy Ka’ena Corp, the owner of Ryan Reynolds-backed budget service provider Mint Mobile, for up to US$1.35 billion, as the telecom operator looks to maintain growth in a competitive market.
Source: ctv business
T-Mobile scoops up owner of Ryan Reynolds-backed Mint Mobile for US.35B

Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders in the wake of bank failures in the United States.
Source: ctv business
Bank fears spread to Europe, drag down shares of big lenders

Flair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the “unlawful” seizure of four of its aircraft over the weekend.
Source: ctv business
Flair launches -million lawsuit against leasing companies after plane seizures

Hundreds of Google employees staged a walkout on Wednesday at the company’s office in Zurich, Switzerland, after more than 200 workers were laid off.
Source: ctv business
Swiss Google workers stage walkout as job cuts hit Europe

Lebanon’s Central Bank chief was again charged with corruption on Wednesday, this time after failing to show up for questioning before a European legal team visiting Beirut in a money-laundering probe linked to the governor, officials said.
Source: ctv business
Lebanon’s Central Bank chief again charged with corruption

The Ottawa airport is terminating its agreement with a company that handles the ground crews for Sunwing and Flair airlines after what it calls a ‘degradation of service levels.’
Source: ctv business
Ottawa airport cutting ties with Flair and Sunwing ground crews

Members of Canada’s technology sector say they’re worried the collapse of the Silicon Valley Bank will have a chilling effect on investments in the already-hampered sector.
Source: ctv business
Canadian tech sector expects collapse of SVB to have ‘chilling’ effect on investments

Canada’s main stock index was down along with international markets in early trading amid continued worries about the global banking sector.
Source: ctv business
S&P/TSX composite drops over 350 points as concern over global banking sector spreads

The U.S. rail regulator is giving a green light to Canadian Pacific Railway Ltd.’s takeover of Kansas City Southern Railway Co.
Source: ctv business
CP Rail’s USbillion takeover of KCS gains final regulatory approval

The Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Source: ctv business
Canadian home sales drop 40 per cent in February compared with year ago