Direct Loan Canada Blog

A federal judge in California on Monday ordered a new trial on the damages Tesla Inc TSLA.O owes to a Black former factory worker who accused the company of race discrimination, after he turned down a $15 million award.
Source: ctv business
Judge orders new trial in Tesla worker’s race bias lawsuit

Credit Suisse CSGN.S was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first criminal trial of one of its major banks.
Source: ctv business
Credit Suisse found guilty in cocaine cash laundering case

European Union countries agreed Monday that all natural gas storage in the 27-nation bloc should be topped up to at least 80 per cent capacity for next winter as they prepare for the possibility of Russia further reducing deliveries.
Source: ctv business
EU countries adopt mandatory gas storage amid Russia’s cuts

Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted amid the Indian Ocean island nation’s economic collapse.
Source: ctv business
Sri Lanka sends 2 ministers to Russia for oil amid crisis

U.S. markets are pointing higher before the opening bell Monday as leaders of the Group of Seven economic powers pledged financial, humanitarian and other support for Ukraine.
Source: ctv business
U.S. markets pointing toward positive start to the week

The chaotic mix of record fuel prices and an unending supply chain crisis have U.S. retailers considering the unthinkable: Instead of returning your unwanted items, just keep them.
Source: ctv business
Just keep your returns: U.S. stores weigh paying you not to bring back unwanted items

Russia is poised to default on its foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system following sanctions imposed over its war in Ukraine.
Source: ctv business
What’s the impact of a Russian debt default?

Amid scenes of daily frustration at Canadian airports, FlyGTA is part of a swelling sector of fleet operators and producers that hope to transform a COVID-19-era trend toward mile-high comfort into a long-term upswing for private flight.
Source: ctv business
Private air travel takes off — but can it stay aloft?

Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world.
Source: ctv business
Inflation sparks global wave of protests for higher pay, aid

After the producers of Sriracha warned in a statement that a shortage of its product was ‘unprecedented,’ one Alberta restaurant worries about how customers will react to missing out on their favourite spicy sauce.
Source: ctv business
‘Long-term’ Sriracha shortage could impact restaurant, manager says