Direct Loan Canada Blog

Source: ctv business
Qatar Airways suffers setback in feud with Airbus

Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and push up the prices of hundreds of consumer products.
Source: ctv business
Palm oil is in half your groceries. Here’s why prices might shoot up

Chinese stocks slumped deeper into a bear market Tuesday and the yuan traded near a 17-month low as investors grow increasingly pessimistic about the impact of COVID-19 lockdowns on the world’s second biggest economy.
Source: ctv business
COVID lockdowns batter Chinese stock markets and the yuan

Canada’s main stock index posted a triple-digit decline in late-morning trading as losses in the financial, base metal and technology sectors helped lead the way lower, while U.S. stock markets also retreated.
Source: ctv business
S&P/TSX composite down more than 100 points, U.S. stock markets also retreat

The governor of the Bank of Canada is signalling Canada’s key interest rate could go up another half percentage point in June to help wrestle inflation under control.
Source: ctv business
Key interest rate could soon go up another half percentage point, central bank says

With lots of worries out there — inflation, COVID, interest rates, Ukraine, stock volatility — consumers are willing to pay a premium when seeking comfort in the form of sweet treats like Coca-Cola. And investors are seeking a safe haven in the company’s stock.
Source: ctv business
Coca-Cola is a stable safe haven in a rough market

Source: ctv business
U.S. oil sinks below US0 on China COVID concerns

Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia’s invasion of Ukraine.
Source: ctv business
Indonesia’s palm oil export ban leaves global buyers with no plan B

Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately US$44 billion, the company said.
Source: ctv business
Elon Musk has an agreement to acquire Twitter for about USB

Relationships and money can be an explosive mix, especially if you have different money mindsets, writes Pattie Lovett-Reid in her latest exclusive column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid weighs in: My spouse doesn’t want to invest, what do I do?