Direct Loan Canada Blog

The West’s biggest economies on Friday agreed to impose a price cap on Russian oil in an attempt to reduce Moscow’s ability to fund its war in Ukraine without further stoking global inflation.
Source: ctv business
G7 countries agree to cap the price of Russian oil

Hundreds of Lufthansa flights were cancelled Friday as pilots staged a one-day strike to press their demands for better pay and conditions at Germany’s biggest carrier.
Source: ctv business
Lufthansa flights grounded as pilots up pressure over pay

Sun Life Financial Inc. has signed a deal to buy a majority stake in U.S. firm Advisors Asset Management Inc. for US$214 million.
Source: ctv business
Sun Life buying majority stake in Advisors Asset Management for US4M

Canada’s main stock index rose more than 300 points in late-morning trading to regain some of its recent losses, led by strength in the heavyweight energy, base metal and financial sectors.
Source: ctv business
S&P/TSX composite up more than 300 points in late-morning trading

The last bits of ash and greenhouse gases from Hawaii’s only remaining coal-fired power plant slipped into the environment this week when the state’s dirtiest source of electricity burned its final pieces of fuel.
Source: ctv business
Hawaii quits coal in bid to fight climate change

The International Monetary Fund announced Thursday it has reached a preliminary agreement to provide Sri Lanka with US$2.9 billion over four years to help it recover from its worst economic crisis.
Source: ctv business
IMF set to provide US.9 billion to help crisis-hit Sri Lanka

Experts say more thorough discussions and planning needs to happen,with people asking themselves how common-law status might affect their future assets, or what it means financially if the couple part ways.
Source: ctv business
In a common-law relationship? Here’s what it could mean for your money

German carrier Lufthansa says it is cancelling almost all passenger and cargo flights Friday from its two biggest hubs, Frankfurt and Munich, due to planned strike action by pilots.
Source: ctv business
Lufthansa cancels many flights Friday due to pilots’ strike

The chairman of the board of Russia’s largest private oil company Lukoil has died with Russian news agencies on Thursday citing sources saying that he had fallen from a hospital window in what may have been a suicide.
Source: ctv business
Russian oil exec dead after apparent fall from sixth-storey window

Former Malaysian first lady Rosmah Mansor was ordered to serve 10 years in prison after being found guilty on Thursday of soliciting and receiving bribes during her husband’s corruption-tainted administration, a week after he was imprisoned over the massive looting of the 1MDB state fund.
Source: ctv business
Ex-Malaysian first lady ordered to serve 10 years for graft