Direct Loan Canada Blog

Fearing Russia might cut off natural gas supplies, the head of Germany’s regulatory agency for energy called on residents Saturday to save energy and to prepare for winter, when use increases.
Source: ctv business
Regulator urges Germans to prepare for possible gas shortage

The July Fourth holiday weekend is off to a booming start with airport crowds crushing the numbers seen in America in 2019, before the pandemic.
Source: ctv business
Pre-pandemic sized crowds descend on U.S. airports for holiday

Fifteen Black former or current employees at Tesla filed a lawsuit against the electric car maker on Thursday, alleging they were subjected to racial abuse and harassment at its factories.
Source: ctv business
Tesla hit by new lawsuit alleging racial abuse against Black workers

One of the world’s richest men is launching Pret A Manger in India, adding the British coffee and sandwich store brand to a huge business empire that spans energy, retail and telecommunications.
Source: ctv business
Billionaire Mukesh Ambani is bringing Pret A Manger stores to India

An unusually dry winter means snow melt was scarce and spring rains only sporadic over the past year, which has led to the worst drought in the northern regions of Italy in more than 70 years, a regional agency for the River Po confirmed.
Source: ctv business
‘We are in extreme crisis.’ Italian parmesan producers fear for future amid drought

Businesses in tourist hotspots far from big cities are feeling the pinch of affordable housing, as smaller communities struggle to lure workers amid a labour crunch and rising rents.
Source: ctv business
Affordable worker housing is latest tourist town business hurdle

A former employee of Chinese e-commerce giant Alibaba has accused her then-manager of trying to rape her on a business trip last year as she pushes police to review charges in a case that has cast a rare spotlight on workplace harassment in the country.
Source: ctv business
Ex-Alibaba employee says ex-boss should be charged with rape

President Vladimir Putin has raised the stakes in an economic war with the West and its allies with a decree that seizes full control of the Sakhalin-2 gas and oil project in Russia’s far east, a move that could force out Shell and Japanese investors.
Source: ctv business
Russia seizes control of Sakhalin gas project, raises stakes with West

A recent survey shows nearly 50 per cent of Canadians who rent expect to do so forever. As rising interest and inflation rates contribute to a sense of pessimism among first-time homebuyers in Canada, some are sharing their struggles with purchasing their first house.
Source: ctv business
‘Not going to happen in our lifetime’: First-time homebuyers share their struggles with purchasing a home

Stocks edged mostly higher on Wall Street in afternoon trading Friday, regaining some ground after a downbeat start, though the major indexes were still on pace to finish in the red for the week.
Source: ctv business
Stocks edge mostly higher, still on pace for weekly losses