Direct Loan Canada Blog

The U.S. Federal Reserve signalled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it’s concerned that high inflation pressures may persist.
Source: ctv business
U.S. Federal Reserve foresees a potential rate hike as soon as next year

CIBC has unveiled its first new logo in almost 20 years as the bank looks to refresh its image.
Source: ctv business
CIBC launches first new corporate logo for bank in almost 20 years

A new report has found that more than half of Canadian employees report working while feeling unwell at least once a week, a trend experts at LifeWorks say is contributing to productivity loss in the workplace and a decline in employees’ mental health.
Source: ctv business
More than half of Canadians work despite feeling unwell, at least one day a week: report

On CTVNews.ca, chief financial commentator Pattie Lovett-Reid writes: According to data from the Canadian Survey on Business Conditions for the third quarter of 2021, 8.3 per cent of businesses expect to have more job vacancies over the next three months.
Source: ctv business
Pattie Lovett-Reid: Five ways to land your dream job

A U.S.-based private cybersecurity company said Wednesday it has uncovered evidence that an Indian media conglomerate, a police department and the agency responsible for the country’s national identification database have been hacked, likely by a state-sponsored Chinese group.
Source: ctv business
Suspected Chinese hack targets Indian media, government: report

A Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets says it will pay interest due Thursday to bondholders in China but gave no sign of plans to pay on a separate bond abroad.
Source: ctv business
Chinese builder in debt jam says it will make bond payment

Lebanon’s new government raised the price of fuel on Wednesday by 16 per cent, the second time in five days, part of a gradual lifting of subsidies in the crisis-struck country.
Source: ctv business
Lebanon raises fuel prices for 2nd time in 5 days

Gains in the energy and base metals sectors led a broad-based rally on the Toronto Stock Exchange in late-morning trading as Canada’s main stock index posted a triple-digit advance.
Source: ctv business
S&P/TSX composite gains in broad-based rally, U.S. stock markets also climb

Business groups say pandemic recovery should be the newly re-elected Liberal government’s top priority. The Canadian Chamber of Commerce says politicians must ‘get back to work’ after Monday’s election.
Source: ctv business
Business groups urge Trudeau to focus on pandemic recovery in election’s aftermath

Canadian broadcasting mogul Allan Slaight, whose support of the country’s arts scene made him a ubiquitous name at venues and events including the Juno Awards, has died.
Source: ctv business
Broadcasting mogul, arts philanthropist Allan Slaight dead at 90