Direct Loan Canada Blog

At-home COVID-19 rapid test kits were already in short supply at U.S. stores. Now, a popular version is getting more expensive.
Source: ctv business
COVID-19 rapid test prices are going up in U.S.

A troubled Chinese real estate developer with US$310 billion of debt is asking investors in one of its bonds to postpone when they will be repaid.
Source: ctv business
Chinese developer asking bondholders to postpone repayment

Thousands of passengers were being held Wednesday on a cruise ship in Hong Kong for coronavirus testing after health authorities said nine passengers were linked to a recent Omicron cluster and ordered the ship to turn back.
Source: ctv business
Thousands held on Hong Kong cruise ship for COVID-19 testing

Omicron’s rapid spread is causing staffing shortages in many sectors across the country, from city services to transportation and grocery stores, hindering supply chains as COVID-19 infections rise among workers.
Source: ctv business
Pandemic-related staffing shortages hampering Canada’s supply chains

If your flight gets cancelled or delayed because of COVID-19, Canadian regulations mean you are only entitled to a new booking or a refund.
Source: ctv business
Did COVID-19 cancel your flight? This is what you need to know

A new report from the Canadian Centre for Policy Alternatives has found that, in spite of the COVID-19 pandemic, Canada’s 100 highest-paid CEOs saw their total compensation rise to $10.9 million on average in 2020 — an increase from the year before and amounting to the second highest ever.
Source: ctv business
Canada’s top 100 CEOs had second-best year for earnings during pandemic, at .9M on average: report

Apple Inc crossed US$3 trillion in market value in early trading on Tuesday before slipping, after the world’s most valuable company briefly hit the milestone a day earlier.
Source: ctv business
Apple breaches US trillion market value again

The world’s wealthiest people, whose fortunes already strained comprehension, collectively gained US$1 trillion last year, according to Bloomberg’s Billionaires Index.
Source: ctv business
The world’s 500 richest people became US trillion richer last year

Melania Trump announced Tuesday morning that she is holding an auction of the white hat she wore during the visit of the French first family, the Macrons, to the White House in 2018.
Source: ctv business
Melania Trump to auction white hat and other items for US0K minimum bid

A U.S. judge is allowing a class-action lawsuit claiming BlackBerry Ltd. defrauded investors by misleading them about the success of its BB10 devices to move forward.
Source: ctv business
Class action accusing BlackBerry of misleading investors to head to trial