Direct Loan Canada Blog

Rogers Communications Inc. sought to reassure investors Thursday as it tries to move past a boardroom drama that has prompted the departure of a senior executive and the launch of an executive oversight committee.
Source: ctv business
Rogers CEO addresses boardroom feud, says he has board’s ‘strong unequivocal support’

Investment firm Blackstone Inc would buy a majority stake in Spanx, valuing the shapewear maker at US$1.2 billion, the companies said
Source: ctv business
Blackstone buys majority stake in Spanx, valuing it at US.2 billion

European Union leaders met Thursday to discuss ways to ease the pain of soaring energy bills for consumers, while seeking to safeguard energy supplies to the 27-nation bloc by speeding up the transition away from polluting fossil fuels to sustainable alternatives.
Source: ctv business
EU leaders seek to safeguard energy supplies as prices soar

With inflation soaring, some economists are predicting that interest rate increases won’t be far behind. CTV’s chief financial commentator Pattie Lovett-Reid looks at what that means for your finances in her latest column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: The perfect storm is brewing for cash-strapped Canadians

A major Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt rattled financial markets says it has called off the sale of a US$2.6 billion stake in a subsidiary and has made no progress in selling other assets.
Source: ctv business
Struggling Chinese developer Evergrande calls off US.6B asset sale

Donald Trump’s company is under criminal investigation by a district attorney in a New York City suburb into whether it misled officials to cut taxes for a golf course there, according to The New York Times.
Source: ctv business
Trump golf club under new criminal probe over taxes: report

Now that COVID-19 cases have stabilized enough in Canada for people to celebrate Halloween, retailers were left scrambling to stock their shelves in time due to supply shortages.
Source: ctv business
Supply shortage woes have Halloween retailers scrambling for stock

The Kitchener, Ont., maker of the DivaCup menstrual device has adopted a paid period leave policy offering menstruating workers a day off a month.
Source: ctv business
Paid menstrual leave takes aim at stigma of periods in the workplace

Netflix posted sharply higher third-quarter earnings Tuesday thanks to a stronger slate of titles, including ‘Squid Game,’ the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.
Source: ctv business
Netflix posts higher 3Q earnings, solid subscriber growth

The Bill and Melinda Gates Foundation says it will spend US$120 million to boost access to generic versions of drugmaker Merck’s antiviral COVID-19 pill for lower income countries, if the drug gets approved by regulators.
Source: ctv business
Gates Foundation to spend US0M on access for COVID-19 pill