Direct Loan Canada Blog

Northern Ireland’s second-biggest political party on Friday blocked the formation of a working legislature in Belfast, and said it would keep up the boycott until the U.K. government tears up post-Brexit trade rules it accuses of destabilizing the region.
Source: ctv business
Unionists block new N. Ireland gov’t over Brexit trade rules

Elon Musk said Friday that his plan to buy Twitter is ‘temporarily on hold’ as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of turmoil over the proposed US$44 billion acquisition.
Source: ctv business
Elon Musk says Twitter deal ‘temporarily on hold’

Tesla billionaire Elon Musk has put his plan to buy Twitter on what he called a temporary ‘hold,’ raising fresh doubts about whether he’ll proceed with the US$44 billion acquisition.
Source: ctv business
Musk puts Twitter buy ‘on hold,’ casting doubt on USB deal

The European Union is giving Ukraine another 500 million euros (US$520 million) to buy heavy weapons to fend off the Russian invasion, the bloc’s foreign affairs chief said Friday at a gathering in Germany of top diplomats from the Group of Seven wealthy nations.
Source: ctv business
Ukraine asks G7 to step up arms supply, pressure on Russia

Stocks rallied on Wall Street Friday, but not enough to claw back all the losses the market has taken in this volatile week of trading.
Source: ctv business
Stocks rally on Wall Street but still face 6th weekly loss

Last month, Ontario became the first province to pass a new transparency law requiring companies to establish policies to tell their employees if and how they are being electronically monitored while at work, a topic that has become more prevalent as much of the workforce has moved to remote work.
Source: ctv business
Remote work highlights challenge of balancing employer surveillance and privacy

Shares of meme stock darling GameStop soared 10 per cent Thursday, prompting trades to be halted several times due to volatility. But there was no specific news to justify or explain the big pop.
Source: ctv business
Meme mania returns as GameStop and AMC stocks soar

Twitter Chief Executive Parag Agrawal announced in an email to employees on Thursday, which was seen by Reuters, that the company’s leaders for the consumer division and revenue will depart the social media company.
Source: ctv business
Twitter CEO says two leaders will depart company, hiring paused

The country’s largest flight attendant union says members are effectively forced to work for free amid growing tarmac delays.
Source: ctv business
Airport delays effectively forcing flight attendants to work for free: Union

Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, a senior Bank of Canada official said Thursday.
Source: ctv business
BoC’s Gravelle says ‘perfect storm’ fuelling inflation, but key differences from ’70s