Direct Loan Canada Blog

Destinations around the world have faced significant tourist reductions amid the coronavirus pandemic. But few have taken a harder hit than Bali, the Indonesian island long beloved of global travellers.
Source: ctv business
Bali only received 45 international tourists in 2021 despite reopening

Airbus is set to deliver the final A380 superjumbo to Dubai’s Emirates on Thursday, marking the end of a 14-year run that gave Europe an instantly recognized symbol across the globe but failed to fulfill the commercial vision of its designers.
Source: ctv business
End of an era: Airbus delivers last A380 superjumbo to Emirates

Former McDonald’s CEO Steve Easterbrook has paid back more than $105 million in equity awards and cash to the burger giant after it learned that he had lied about the extent of his misconduct while he was its top executive.
Source: ctv business
Fired McDonald’s CEO Steve Easterbrook returns US5M after misconduct

While there are signs that production constraints for semiconductors chips are beginning to loosen, experts say it could take another year or more for the shortages to ease the supply chain.
Source: ctv business
Will the chip shortage ease in 2022?

Gains in the energy sector helped Canada’s main stock index post a triple-digit advance in late-morning trading as the price of oil and other commodities climbed higher, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite up more than 100 points as oil and other commodity prices rally

Kroger, the biggest traditional grocery chain in the U.S., is ending some benefits for unvaccinated workers as big employers attempt to compel more of their workforce to become vaccinated with cases of COVID-19 again rising.
Source: ctv business
Kroger ending some COVID-19 benefits for unvaccinated staff

Amazon.com Inc said on Wednesday it had recovered from a brief outage at its Amazon Web Services cloud unit that affected internet connectivity in two regions on the U.S. West Coast.
Source: ctv business
Amazon Web Services back from brief outage affecting third-party services

The Canadian Real Estate Association says housing sales will moderate next year, but prices aren’t expected to ease any time soon.
Source: ctv business
Housing sales to moderate in 2022, but prices to remain high: CREA

South Korea’s largest dairy company, Seoul Milk, has apologized after releasing a controversial advert which some critics say portray women as cows.
Source: ctv business
South Korea’s largest dairy company apologizes over a video advert implying women are cows

Statistics Canada says manufacturing sales rose 4.3 per cent in October, helped by gains in the auto sector and primary metal industry.
Source: ctv business
Statistics Canada reports manufacturing sales up 4.3 per cent in October