Direct Loan Canada Blog

Indigo says its cybersecurity breach last month was done using a tool known as LockBit, developed by a hacking group of the same name that has ties to Russian organized crime.
Source: ctv business
Indigo says hacking group with Russian ties responsible for breach, won’t pay ransom

Chinese leader Xi Jinping’s agenda for the annual meeting of the ceremonial legislature: Revive the economy by encouraging consumers to spend more now that severe anti-virus controls have ended, and install a government of loyalists to intensify Communist Party control over the economy and society.
Source: ctv business
China looks to consumers to drive economic rebound

People in the U.K. have had to ration salad staples like tomatoes and cucumbers for the past two weeks amid a shortage of fresh vegetables. Shelves of fresh produce in many stores have been bare, and most major supermarkets have imposed limits on how many salad bags or bell peppers customers are allowed to buy.
Source: ctv business
U.K. is grappling with vegetable shortages. How did it happen?

India’s top court on Thursday ordered an expert committee to investigate any regulatory failures related to the country’s second-largest conglomerate, the Adani Group.
Source: ctv business
India’s top court orders probe of Adani business group

You’ve just made it into the office, when your boss brings you into a meeting room, where you find someone from human resources about to deliver you bad news: your company is carrying out layoffs and you’re on the list.
Source: ctv business
Laid off from work? What to know before signing paperwork

CTVNews.ca looks at what you need to know about reverse mortgages, which are seeing a surge in popularity as more Canadians seek to age in place.
Source: ctv business
As reverse mortgages boom in popularity, here’s what you need to know

Stocks are slipping in mixed trading Thursday as more signs of a strong job market have worries about interest rates weighing heavier on Wall Street.
Source: ctv business
Stocks dip as inflation worries weigh heavier on Wall Street

Inflation eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists and gives the European Central Bank no reason to slow interest rate increases aimed at getting prices back under control.
Source: ctv business
Europe inflation eases slightly to 8.5 per cent, but consumer pain persists

Emergency crews cut through the mangled remains of a passenger train on Thursday, progressing ‘centimetre by centimetre’ in their search for the dead from a head-on collision in northern Greece that killed at least 46 people.
Source: ctv business
Greece train crash search moves ‘centimetre by centimetre’

Insolvencies in Canada surged by a third in January compared with a year ago as consumers struggled with rising prices and higher interest rates, the Office of the Superintendent of Bankruptcy said Wednesday.
Source: ctv business
Insolvency filings in Canada in January up 33.7 per cent compared with a year earlier