Direct Loan Canada Blog

TD Bank was urged to make firm commitments to better benefit underserved communities at a public meeting Thursday about its proposed takeover of Memphis-based First Horizon Bank.
Source: ctv business
TD urged to better benefit underserved groups in U.S. at takeover meeting

Canadians are recalling their fondest memories of shopping at Zellers as plans for its return are announced nearly a decade since its doors closed.
Source: ctv business
‘The childhood place to be’: Zellers’ return sparks fond memories among Canadians eager for its comeback

Egypt’s central bank governor resigned Wednesday as the Middle East’s most populous nation struggles to curb inflation triggered by Russia’s war in Ukraine, high oil prices and a drop in tourism.
Source: ctv business
Egypt’s central bank governor resigns as economic woes mount

Shares of Bed Bath & Beyond Inc jumped 23 per cent on Wednesday, leading a surge in meme stocks again as individual investors continued to dabble in highly shorted shares.
Source: ctv business
Bed Bath & Beyond leads revival in meme stocks’ rally

A cargo ship that broke down on the Rhine River caused a backup of other ships Wednesday near the German town of St. Goar.
Source: ctv business
Cargo ship breakdown blocks Rhine River traffic in Germany

Canadian department store Zellers hopes to make a comeback next year, a decade after the discount chain shuttered most of its locations., brand owner Hudson’s Bay Co. said Wednesday.
Source: ctv business
The return of Zellers: Hudson’s Bay to resurrect Canadian discount retail chain

Britain’s inflation rate rose to a new 40-year high of 10.1 per cent in July, a faster pace than in the U.S. and Europe as climbing food prices in the United Kingdom tightened a cost-of-living squeeze fuelled by the soaring cost of energy.
Source: ctv business
U.K. inflation reaches 10.1 per cent on soaring food, energy costs

Canadian seniors are being forced to make tough choices, cutting out frills and nice-to-haves in the face of near 40-year-high inflation rates. But older adults also face a unique, less-talked-about challenge — the increased social isolation that experts say often occurs as a result of high inflation.
Source: ctv business
Increased loneliness, isolation a side effect of inflation for Canadian seniors

Having seen eight coaches come and go in less than 10 years, Manchester United fans know their false dawns. Wednesday shed a different light on strife at the giant football club: Elon Musk said he was buying it — and then said it was all a joke.
Source: ctv business
Elon Musk jokingly says he is buying Manchester United

Hudson’s Bay Co. is teaming up with Mountain Equipment Co. to offer the outdoor retailer’s goods at three department stores and on its website.
Source: ctv business
Hudson’s Bay is teaming up with Mountain Equipment Co.