Direct Loan Canada Blog

Toyota is the leader in U.S. auto sales for the first time, taking away a title that General Motors had held for nearly a century. It’s yet another sign that U.S. automakers have lost their dominance in their home market.
Source: ctv business
GM was America’s largest automaker for nearly a century. It was just dethroned by Toyota

Many B.C. businesses could soon be dealing with major staffing shortages due to the rapid spread of the Omicron COVID-19 variant, health officials warned Tuesday.
Source: ctv business
B.C. businesses must prepare to have 1/3 of staff out sick with Omicron, officials warn

Police in India have detained a man and a woman alleged to be involved in the offering for sale of prominent Muslim women on a fake online auction website, according to government officials, in a case that has sparked outrage across the country.
Source: ctv business
Suspects held after fake online sale of Indian Muslim women

OPEC and allied oil-producing countries decided Tuesday to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the Omicron variant of COVID-19.
Source: ctv business
OPEC, allies keep gradually pumping more oil amid Omicron

The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley’s culture of hubris and hype some valuable lessons.
Source: ctv business
What will Silicon Valley learn from Holmes’ conviction?

A winter storm hitting the mid-Atlantic combined with the pandemic to further frustrate U.S. air travellers whose return flights home from the holidays were cancelled or delayed in the first few days of the new year.
Source: ctv business
Thousands of U.S. flights cancelled, delayed at start of workweek

U.S. President Joe Biden will meet virtually with independent farmers and ranchers to discuss initiatives to reduce food prices by increasing competition within the meat industry, part of a broader effort to show the administration is trying to combat inflation.
Source: ctv business
U.S. President Biden to meet with farmers as he seeks to cut meat prices

Centerra Gold Inc. has outlined its expected terms to settle a dispute with the Kyrgyz Republic over a gold mine the country seized last year.
Source: ctv business
Centerra outlines expected settlement terms with Kyrgyz Government

Internal government documents show Finance Department officials believe there could be sweeping implications for the economy if the Bank of Canada ever issued its own cryptocurrency.
Source: ctv business
Federal documents hint at sweeping economic impact from central bank ‘digital loonie’

Turkey’s yearly inflation climbed by the fastest pace in 19 years, jumping to 36.08 per cent in December, official data showed on Monday.
Source: ctv business
Turkey’s inflation hits a 19-year high of 36 per cent