Direct Loan Canada Blog

TD Bank Group says it will acquire U.S. investment firm Cowen Inc. in an all-cash transaction valued at CAD $1.67 billion, or CAD $50 for each share of Cowen common stock.
Source: ctv business
TD Bank Group to acquire U.S. investment firm Cowen Inc. for CAD .67 billion

Source: ctv business
Bitcoin beats the heat in a jumpin’ July

Air Canada raked in a nearly five-fold revenue increase in its latest quarter, but continued to suffer net losses in the hundreds of millions due to a ‘very challenging’ three months, said CEO Mike Rousseau.
Source: ctv business
Air Canada on upward trajectory but losses continue amid high demand

British Airways said Tuesday that it’s suspending sales of short-haul flights from London’s Heathrow Airport for about a week, a response to the airport’s request to limit bookings to help ease travel disruptions caused by booming demand and staff shortages.
Source: ctv business
British Airways pauses short-haul flight sales from Heathrow

A spate of recent criminal indictments highlights how U.S. companies, taking advantage of a patchwork of federal and state laws, are supplying a market for fins that activists say is as reprehensible as the now-illegal trade in elephant ivory once was.
Source: ctv business
Feds target U.S. companies caught in lucrative shark fin trade

Two years after then-President Donald Trump said he would ban TikTok in the United States through an executive order, the short-form video platform is once again under scrutiny in Washington. And the underlying issue remains largely the same: TikTok’s ties to China through its parent company, ByteDance.
Source: ctv business
TikTok’s ties to China are once again under fire in Washington. Here’s why

Wall Street is poised to open lower Tuesday as a possible visit by U.S. House Speaker Nancy Pelosi to Taiwan prompted threats from Beijing.
Source: ctv business
Markets dip as Pelosi’s Asia trip puts markets on edge

For the past eight weeks, thousands of people in the United Kingdom have tested a four-day schedule — with no cut to their pay — that could help usher in a new era of work.
Source: ctv business
How the world’s biggest four-day work week trial run changed people’s lives

KFC is putting chicken feet on the menu in China, Yum China CEO Joey Wat told CNN Business in an interview Monday. The reason for the change is one customers might not have expected: high oil prices.
Source: ctv business
How inflation pushed KFC to put chicken feet on the menu in China

Chinese e-commerce firm Alibaba said Monday that it wants to keep its shares listed in both New York and Hong Kong, days after U.S. regulators included it in a list of companies that may be delisted for not complying with auditing requirements.
Source: ctv business
Alibaba striving to maintain U.S. listing amid delisting fears