Direct Loan Canada Blog

Italy’s economy ministry and UniCredit bank on Sunday announced that they are breaking off talks regarding a deal for a long-ailing Italian bank, Monte dei Paschi di Siena.
Source: ctv business
Italy, UniCredit break off talks on ailing Italian bank

Companies like Brim Financial, Float Inc., Caary Capital Ltd., Jeeves Inc., and Neo Financial are part of a growing crop of tech-enabled lenders that are looking to snag a share of the lucrative credit card market from the big banks.
Source: ctv business
Fintechs looking to break into credit card market dominated by big banks

Emirati prosecutors said Sunday they launched a major investigation into Dubai-based real estate developer Union Properties, saying they would probe allegations the long-troubled firm committed fraud and other offenses while trying to claw its way out of debt.
Source: ctv business
Emirati prosecutors investigating Dubai’s Union Properties

Facebook in India has been selective in curbing hate speech, misinformation and inflammatory posts, particularly anti-Muslim content, according to leaked documents obtained by The Associated Press, even as its own employees cast doubt over the company’s motivations and interests.
Source: ctv business
Facebook dithered in curbing divisive user content in India

In a series of tweets published early Saturday, Martha Rogers, a director of Rogers Communications, called for her brother, Edward Rogers, to ‘step down.’
Source: ctv business
Martha Rogers calls for brother Edward to ‘step down’ in barrage of tweets

The British government tried Saturday to speed up the pace of talks to resolve post-Brexit trade troubles with the European Union, saying the two sides remain far apart and time is running out to bridge the gap.
Source: ctv business
U.K. says time running out for solution in Brexit trade talks

A deal within reach, U.S. President Joe Biden and Congress’ top Democrats edged close to sealing their giant domestic legislation, though the informal deadline appeared to slip as they worked to scale back the measure and determine how to pay for it.
Source: ctv business
Deal on Biden’s UST plan edges closer; Harris is ‘confident’

Canadian ski resorts that rely heavily on international workers are steadying themselves for a labour shortage this winter as the visa approval process by the federal government slows.
Source: ctv business
Canadian ski resorts face labour shortage, government slow to issue working visas

Facebook documents, reviewed by CNN, including an internal post-mortem and one document showing in real time countermeasures Facebook employees were belatedly implementing, paint a picture of a company that was in fact fundamentally unprepared for how the Stop the Steal movement used its platform to organize, and that only truly swung into action after the movement had turned violent.
Source: ctv business
Not stopping ‘Stop the Steal:’ Facebook Papers paint damning picture of company’s role in insurrection

The Canadian government on Friday warned that U.S. proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and fall foul of trade agreements, according to a letter seen by Reuters.
Source: ctv business
Proposed U.S. electric vehicle tax credit could harm auto sector, Canadian trade minister says