Direct Loan Canada Blog

A surge in COVID-19 cases from the delta variant in several Asian countries that are the main producers of auto-grade chips is worsening the supply shortage. It is further delaying a return to normal auto production and keeping the supply of vehicles artificially low.
Source: ctv business
Until 2023? Parts shortage will keep auto prices sky-high

The pandemic may also have posed a long-term threat to many workers’ jobs. Faced with worker shortages and higher labor costs, companies are starting to automate service sector jobs that economists once considered safe, assuming that machines couldn’t easily provide the human contact they believed customers would demand.
Source: ctv business
Do we need humans for that job? Automation booms after COVID-19

The COVID-19 pandemic has spurred an increase in violent incidents for flight attendants to deal with while in the air, now, many of them are nervous to do their job.
Source: ctv business
Dread at 9,000 metres: Inside the increasingly violent world of U.S. flight attendants

Brazil, the world’s largest beef exporter, has suspended beef exports to its No. 1 customer China after confirming two cases of “atypical” mad cow disease in two separate domestic meat plants.
Source: ctv business
Beef giant Brazil halts China exports after confirming two mad cow disease cases

A senior Lebanese government delegation asked Syria on Wednesday to allow Egyptian natural gas and Jordanian electricity to pass through its territory to ease a crippling fuel crisis that has paralyzed Lebanon.
Source: ctv business
High-level Lebanese delegation arrives in Syria to talk fuel

Ride-hailing companies Uber and Lyft said Friday they will cover the legal fees of any driver who is sued under the new law prohibiting most abortions in Texas.
Source: ctv business
Lyft, Uber to pay legal fees for drivers sued under Texas abortion ban

Online payment system PayPal is about to start charging its Canadian users a fee on accounts that have not been used within a 12-month period.
Source: ctv business
PayPal is about to start charging Canadian users an ‘inactivity’ fee. Here’s how to avoid it

A federal judge on Thursday said Apple Inc must face nearly all of a proposed class action lawsuit claiming that its voice-activated Siri assistant violates users’ privacy.
Source: ctv business
Apple must face Siri voice assistant privacy lawsuit, U.S. judge says

As increasing commodity prices, higher shipping fees and labour shortages drive up costs for food manufacturers, experts say reducing the amount of food in a package is a subtle way to adjust for inflation without raising prices.
Source: ctv business
Pay the same, get less: How ‘shrinkflation’ masks price increases

China will set up a new stock exchange in Beijing, giving the nation’s capital and political center more influence in the world of business and finance, President Xi Jinping announced
Source: ctv business
China will create a stock exchange in Beijing