Direct Loan Canada Blog

German police said Monday they have disrupted a ransomware cybercrime gang tied to Russia that has been blackmailing large companies and institutions for years, raking in millions of euros.
Source: ctv business
European police, FBI bust international cybercrime gang

A retail expert says Canadian mall operators looking to fill spaces left behind after Nordstrom Inc. stores depart this year could cash in on the country’s strong demand for residential housing.
Source: ctv business
Malls could turn empty Nordstrom stores into residential units, says one expert

Canadian travellers are facing increased airport fees after the pandemic grounded revenues and led to more debt for airports across the country.
Source: ctv business
Air travellers face higher airport fees following pandemic disruptions: report

The Better Business Bureau says Canadians fell for home improvement scams the most in 2022, in a report highlighting the riskiest scams and how much money they cost Canadians.
Source: ctv business
Canadians fell for more home improvement scams in 2022, new report finds

Recent claims by two B.C. companies about being licensed to sell cocaine and other substances, statements they later retracted, represent a communications ‘failure’ that regulators will want to prevent, a Canadian psychedelic advocate and business consultant says.
Source: ctv business
B.C. companies’ claims of licensed cocaine selling a communications ‘failure’: consultant

The pops of welding torches and the piercing whine of angle grinders fill the spacious production floor at a steel plant in Kryvyi Rih, the city in central Ukraine that is President Volodymyr Zelenskyy’s hometown.
Source: ctv business
Ukraine plant builds 6-person bunkers for war’s front lines

Chinese economic officials expressed confidence Monday they can meet this year’s growth target of ‘around 5 per cent’ by generating 12 million new jobs and encouraging consumer spending following the end of anti-virus controls that kept millions of people at home.
Source: ctv business
Chinese planners promise 12 million jobs, economic rebound

With the Lebanese economy in shambles and its currency in free fall, businesses are increasingly leaning on one of the world’s most reliable assets, the U.S. dollar, as a way to cope with the worst financial crisis in its modern history.
Source: ctv business
Lebanon adopts ‘dollarization’ as currency, economy crumble

Stocks are ticking a bit higher Monday as Wall Street’s worries about higher interest rates and the bond market relax a little.
Source: ctv business
Stocks tick higher on Wall Street to add to their recent run

Authorities in Ohio say there is no indication of any risk to public health from the derailment of a Norfolk Southern cargo train between Dayton and Columbus, the second derailment of a company train in the state in a month.
Source: ctv business
Latest Ohio derailment poses no public risk, officials say