Direct Loan Canada Blog

One of Canada’s biggest retailers is using customer data mined through its loyalty program and credit cards to drive sales and counter the potential demand impact of rising prices.
Source: ctv business
Canadian Tire uses customer data from loyalty rewards program to boost sales

Saudi Aramco has overtaken Apple as the world’s most valuable company, underscoring the recent surge in oil prices that have boosted the energy giant this year.
Source: ctv business
Saudi Aramco eclipses Apple to once again become the world’s most valuable company

In the past two years, Canadian banks have increased the amount of sustainability-linked financing (SLF) they extend to oil and gas clients. SLF refers to financing whose cost changes when certain environmental, social and governance (ESG) requirements are met at the company level but does not require the funds themselves to be used for climate-friendly purposes.
Source: ctv business
Canada banks face ‘greenwashing’ claims as oil and gas firms obtain sustainable financing

President Vladimir Putin said on Thursday that the West had triggered a global economic crisis and a wave of ruinous inflation by imposing on Russia the most severe sanctions in recent history over the conflict in Ukraine.
Source: ctv business
Putin says West is triggering a global economic crisis

The meltdown of 2022 has wiped out more than US$7 trillion in market value from the blue chip stocks in the S&P 500. The index is down more than 18 per cent since the end of December. The Dow is down 13 per cent as well.
Source: ctv business
More than US trillion has been wiped out from the stock market this year

A U.S. appeals court ruled Wednesday that California’s ban on the sale of semiautomatic weapons to adults under 21 is unconstitutional.
Source: ctv business
Calif. ban on semiautomatic gun sales to under-21s struck down in court

Nova Scotia’s red hot real estate market continues to surprise, with hundreds of homes selling for tens of thousands of dollars over asking prices, making some instant millionaires.
Source: ctv business
‘I thought it was a joke’: N.S. homes are selling for well over the asking prices

The chief executive of Coinbase said a disclosure in its latest quarterly filing did not indicate the cryptocurrency exchange operator faced a bankruptcy risk and it had been made to meet a U.S. Securities and Exchange Commission (SEC) requirement.
Source: ctv business
Coinbase CEO says new disclosure does not mean firm faces bankruptcy risk

Airbnb on Wednesday announced new ways to search for and book homes on the platform in response to the rise of remote work and the number of customers choosing longer stays.
Source: ctv business
Airbnb unveils new way to book longer stays ahead of summer travel season

U.S. inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.
Source: ctv business
U.S. inflation hit 8.3 per cent last month but slows from 40-year high