Direct Loan Canada Blog

Take-Two Interactive Software Inc. on Monday confirmed that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame.
Source: ctv business
Take-Two confirms Grand Theft Auto VI leak, says game development unaffected

Volkswagen is targeting a valuation of up to US$75.1 billion for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public offering (IPO) in history.
Source: ctv business
Volkswagen targets nearly 0B valuation in landmark Porsche IPO

A first-of-its-kind database for tracking the world’s fossil fuel production, reserves and emissions launches on Monday to coincide with climate talks taking place at the United Nations General Assembly in New York.
Source: ctv business
First public global database of fossil fuels launches

Canada’s main stock index was up in late-morning trading, boosted by strength in the base metals sector, while U.S. stock markets edged lower.
Source: ctv business
S&P/TSX composite index up in late-morning trading, U.S. stock markets lower

Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. On Wednesday, the European Commission proposed levying such a tax on the energy sector and redirecting funds to households and businesses struggling with high inflation. It estimates the policy would bring in around $186 million in revenue.
Source: ctv business
Canadian advocates of tax on oil and gas sector can now point to EU for inspiration

Ninety minutes after Queen Elizabeth II died, orders for thousands of British flags started to flood into a factory south of Shanghai. More than 100 employees at Shaoxing Chuangdong Tour Articles Co. set aside other work and put in 14-hour days starting at 7:30 a.m. making nothing but British-themed flags.
Source: ctv business
Chinese factory churns out British flags after Queen’s death

A new report from Re/Max says housing supply in Canadian cities have seen continuous declines in the last decade and could reach a ‘crisis point’ if policymakers don’t take urgent action to increase inventory.
Source: ctv business
Canadian cities facing housing supply crisis, Re/Max report says

Over 600 companies in the U.K. were granted Royal Warrants from Queen Elizabeth II, allowing them to proudly display the Royal coat of arms on their advertisements and packaging. But after the Queen’s death, these companies may soon need to update their packaging.
Source: ctv business
Cadbury, Johnnie Walker, Heinz among brands that may need to update packaging after Queen’s death

Nova Scotians will soon have fewer flight options within and outside of the region. WestJet is ending several routes from Halifax, including to major airports.
Source: ctv business
WestJet slashes flights in Atlantic Canada

A consumer advocate says two recent regulatory rulings ordering Canadian airlines to compensate passengers for flight disruptions won’t be enough to improve air travel in this country.
Source: ctv business
Compensating passengers for flight disruptions not enough: advocate