Direct Loan Canada Blog

Amazon, Chobani, UPS and more than 30 other companies have vowed to hire and train refugees fleeing Afghanistan for the U.S.
Source: ctv business
Amazon, Chobani and others vow to hire Afghan refugees

Google is planning to buy St. John’s Terminal in New York City for US$2.1 billion, making it the anchor of its Hudson Square campus.
Source: ctv business
Google to spend US.1 billion on Manhattan campus acquisition

PSA Peugeot’s takeover of Fiat Chrysler to form the world’s fourth-largest carmaker has had its first executive casualty, with former Fiat Chrysler CEO Mike Manley stepping down as his role of head of the Americas.
Source: ctv business
Carmaker Stellantis loses former FCA CEO Manley

Persistent default fears eclipsed efforts by China Evergrande Group’s chairman to lift confidence in the embattled firm on Tuesday, as Beijing showed no signs it would intervene to stem any domino effects across the global economy.
Source: ctv business
China Evergrande’s rising default risks shift focus to possible Beijing rescue

Global investors are watching nervously as one of China’s biggest real estate developers struggles to avoid defaulting on tens of billions of dollars of debt, fueling fears of possible wider shock waves for the financial system. Here’s a look at Evergrande and the anxiety about its debt troubles
Source: ctv business
EXPLAINER: Chinese builder’s debt struggle rattles investors

An Ontario court has certified a third class-action lawsuit against Aviva Insurance Company of Canada on behalf of policyholders who suffered business interruption losses as a result of COVID-19.
Source: ctv business
Third class-action certified against Aviva over COVID-19 coverage for lost business

Stocks wobbled between small gains and losses in morning trading on Wall Street Tuesday following a sharp pullback a day earlier.
Source: ctv business
Stocks wobble a day after biggest drop since May

British Prime Minister Boris Johnson discussed the issue of taxation when he met Amazon’s founder Jeff Bezos in New York, Downing Street said.
Source: ctv business
U.K.’s Johnson discussed taxation with Amazon’s Bezos

The Canadian dollar strengthened against its U.S. counterpart on Tuesday and index futures pointed to a higher open for the Toronto stock market as oil prices rose and the re-election of Prime Minister Justin Trudeau’s Liberals kept the door open to more fiscal spending.
Source: ctv business
Canadian dollar, TSX futures rebound after Trudeau election win

Twitter Inc. said on Monday it would pay US$809.5 million to settle a shareholder class action lawsuit accusing the social media company of deceiving investors about how often people used its platform.
Source: ctv business
Twitter seeks to settle 2016 class action lawsuit for US0 million