Direct Loan Canada Blog

Canada’s main stock index closed up slightly on a shortened trading day because of Christmas Eve, as investors anxiously await more data around the Omicron variant and economic indicators in the coming weeks.
Source: ctv business
Canada’s main stock index closes up slightly as investors hold their breath

Airlines canceled hundreds of flights as the Omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season.
Source: ctv business
Airlines cancel Xmas flights due to COVID-19 staffing shortages

Intel Corp. apologized Thursday for asking suppliers to avoid sourcing goods from Xinjiang after the world’s biggest chipmaker joined other foreign brands that face the fury of state media over complaints of abuses by the ruling Communist Party in the mostly Muslim region.
Source: ctv business
Intel apologizes for asking suppliers to avoid Xinjiang

Job vacancies in Canada reached an ‘all-time high’ of 912,600 in the third quarter of 2021, a trend driven largely by certain sectors such as health care, food and retail, a recent report from Statistics Canada shows.
Source: ctv business
Labour shortages continue as quarterly job vacancies reach ‘all-time high’

Nations around the world are lurching into lockdown, steeling themselves for a brutal surge as the Omicron variant spreads like wildfire. But not in Dubai, where high vaccination rates have seen business surge
Source: ctv business
Bustling bars, surging business: Dubai sees a post-vax boom

Here’s a reality check: The world could consume more oil in 2022 than ever before.
Source: ctv business
The world could consume more oil in 2022 than ever before

Iceland is paving the way when it comes to striving for better work-life balance, having just wrapped up a series of trials shortening the typical five-day work week to four.
Source: ctv business
What Canada can learn from Iceland’s four-day work week trial

The Canadian economy kept up its streak of monthly gains in October and appears to have done so again in November, which has left total economic activity within a statistical inch of where it was before COVID-19 hit.
Source: ctv business
Statistics Canada says economy grew 0.8 per cent in October, sees gain in November

Canada’s main stock index traded higher in mid-morning trading on Thursday as Statistics Canada said the economy grew by 0.8 per cent in October to match expectations.
Source: ctv business
Canada’s main stock index climbs as Oct. economic growth matches expectations

OnlyFans is getting a new CEO after a tumultuous year. Tim Stokely, the founder of OnlyFans, announced on Monday that he is stepping down as CEO of the video subscription company.
Source: ctv business
OnlyFans founder Tim Stokely steps down as CEO