Direct Loan Canada Blog

Germany’s finance minister said Wednesday that the government plans to make tax cuts worth more than 10 billion euros (US$10.2 billion) to benefit broad sections of the population squeezed by high energy costs and inflation.
Source: ctv business
Germany proposes USB tax cuts to ease inflation pain

Drivers were so eager to fill up before gas prices rise again that some stations across British Columbia ran out.
Source: ctv business
Some gas stations run out as prices drop across B.C.

The European Union’s budget watchdog announced Wednesday that it is winding up years of surveillance of Greek government spending. The move marks a formal end to a major crisis that threatened to see Greece ejected from the euro single currency group, imposed severe hardship on its citizens and roiled global financial markets.
Source: ctv business
EU to stop Greek budget watch in formal end to major crisis

Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades.
Source: ctv business
Lower prices offer Americans slight reprieve from inflation

Oil shipments from Russia through a critical pipeline to several European countries resumed after a problem over payments for transit was resolved, Slovakia’s Economy Minister Richard Sulik said on Wednesday.
Source: ctv business
Halted shipments of Russian oil resume to Slovakia

A deadly fire that has consumed at least half of a large oil facility in western Cuba and threatened to worsen the island’s energy crisis has been largely controlled after nearly five days, authorities said Wednesday.
Source: ctv business
Firefighters subdue deadly blaze at key oil facility in Cuba

Tesla Inc Chief Executive Officer Elon Musk sold US$6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.
Source: ctv business
Elon Musk sells Tesla shares worth US.9 billion

Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the Federal Reserve may not have to be as aggressive about hiking interest rates as feared.
Source: ctv business
Wall Street soars after inflation cools more than expected

Three years after new rules came into force, the regulator overseeing Canadian airlines has not issued any fines related to passenger compensation claims for flight delays and cancellations.
Source: ctv business
Regulator issued no fines over airlines’ denying compensation for cancelled flights

Hootsuite Inc. said Tuesday it will lay off 30 per cent of its staff as part of a global restructuring.
Source: ctv business
Hootsuite to lay off 30 per cent of staff, begin global restructuring