Direct Loan Canada Blog

For less than the price of a typical Vancouver condo, you could be living in the heart of the city’s downtown core – as long as you don’t mind a lot of dining out, or having hotel guests for neighbours.
Source: ctv business
Condo with no kitchen located inside Vancouver hotel listed for 9K

Tesla again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs.
Source: ctv business
Tesla to charge more for cars in United States as inflation bites

Elon Musk addressed Twitter employees for the first time on Thursday, expressing his view that Twitter would need to cut its headcount, but offering few other new details about his $44 billion planned takeover of the social media company.
Source: ctv business
In call with Twitter staff, Elon Musk muses on space aliens, company’s future

Concerns about a possible recession are growing for Canadians, especially for those who may be on the verge of retirement as inflation continues to soar, markets decline and the Bank of Canada signals yet another interest rate hike.
Source: ctv business
Recession concerns have older Canadians worried about retirement, pension plans

Big Macs remain on sale at some of McDonald’s franchise locations in Russia despite most of its restaurants reopening on Sunday under new branding and ownership.
Source: ctv business
Big Macs still sold in Russia despite McDonald’s exit

Germany’s vice chancellor is stepping up an appeal for the country’s residents to save energy after Russia’s Gazprom announced significant cuts in natural gas deliveries through a key pipeline.
Source: ctv business
Germany steps up calls to save energy as Russia reduces gas

In an unusual move for what’s been an unusual takeover bid by the world’s richest man for Twitter, Tesla CEO Elon Musk will address the social platform’s employees Thursday, even though his US$44 billion offer has not yet been completed.
Source: ctv business
Musk aims to ease concerns in address to Twitter workers

Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supply chain network and surging costs.
Source: ctv business
Revlon, beauty icon in crowded market, files for bankruptcy

At Greece’s largest coal mine, controlled explosions and the roar of giant excavators scooping up blasted rock have once again become routine. Coal production has been ramped up at the site near the northern Greek city of Kozani as the war in Ukraine forced many European nations to rethink their energy supplies.
Source: ctv business
In energy-strapped Europe, coal gets a Greek encore

U.S. Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it. Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession.
Source: ctv business
Fed’s aggressive rate hikes may raise likelihood of recession in U.S.