Direct Loan Canada Blog

Indigo Books & Music Inc. says it has created a temporary website for customers to use for browsing after a cybersecurity incident hit the company.
Source: ctv business
Indigo creates temporary website for browsing after cybersecurity incident

Airports that lost millions of dollars during the pandemic are now trying to recoup some of the losses as travel picks up again. To do this, many are increasing the “user-pay” system that generates revenue from passengers, fuel and aircraft fees.
Source: ctv business
Some of Canada’s airports are increasing fees to passengers, here’s why

The companies involved in Rogers Communications Inc.’s $26-billion deal to buy telecommunications rival Shaw Communications Inc. have extended their deadline to complete the transaction.
Source: ctv business
Telecoms extend deadline to close Rogers-Shaw deal to March 31

India’s Finance Ministry accused the BBC of tax evasion on Friday, saying that it had not fully declared its income and profits from its operations in the country.
Source: ctv business
Indian authorities accuse BBC of tax evasion after searches

Shares of the company that operates one of China’s top investment banks, China Renaissance, plunged Friday after the firm said it had lost touch with its founder Bao Fan, one of the country’s most high-profile bankers and a top tech-sector dealmaker.
Source: ctv business
China top tech dealmaker goes missing amid graft crackdown

Thousands of flights to and from German airports were cancelled Friday as workers walked out to press their demands for inflation-busting pay increases. The strikes at seven German airports, including Frankfurt, Munich and Hamburg, affected almost 300,000 passengers and forced airlines to cancel more than 2,300 flights.
Source: ctv business
Thousands of flights cancelled as German airport staff strike

Losses in the energy sector led Canada’s main stock index lower in late-morning trading, while U.S. stock markets also fell.
Source: ctv business
S&P/TSX composite down in late-morning trading, led by energy sector losses

How to strike a balance between office life and remote work remains an enduring challenge for many businesses nearly three years after lockdowns upended how many Canadians work — one that’s made more difficult by the differing expectations between employers and employees.
Source: ctv business
Perk or necessity? Hybrid work expectations differ between employers, employees

A New York congressman wants to enlist the U.S. secretary of state to oppose what he calls Ottawa’s ‘discriminatory’ campaign against foreign property owners.
Source: ctv business
Oppose Canada’s ‘xenophobic’ foreign property tax, U.S. critics urge Biden admin

The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said on Thursday, after more costly ingredients contributed to making its 2022 profit miss market forecasts.
Source: ctv business
Nestle plans price hikes after costs eat into profits