Direct Loan Canada Blog

PepsiCo will sell Tropicana and other juices to a private equity firm in a US$3.3 billion deal.
Source: ctv business
PepsiCo to sell Tropicana, other juices, in US.3B deal

Stocks turned higher in afternoon trading Tuesday as traders weigh another big set of company earnings reports.
Source: ctv business
Stocks turn higher as investors pore over earnings reports

Air travel in the U.S. is hitting new pandemic-era highs, and airlines are scrambling to keep up with the summer-vacation crowds.
Source: ctv business
Air travel hits another pandemic high, flight delays grow

The majority of low-income families in the European Union can’t afford a summer holiday, according to a study by the the European Trade Union Confederation.
Source: ctv business
No summer break: 35 million can’t pay for holiday in the EU

Luxury sports car maker Ferrari has surged back to second-quarter growth, posting a 206-million-euro (US$245 million) profit on Monday after seeing its earnings drop precipitously in the same period a year ago due to the pandemic shutdown.
Source: ctv business
Ferrari earnings surge back to growth in second quarter

Britain opened its borders to fully vaccinated travellers from the U.S. and European Union on Monday as travel industry leaders urged the government to further ease restrictions and allow people to enjoy the benefits of a successful COVID-19 inoculation program.
Source: ctv business
U.K. eases COVID-19 travel restrictions as industry lobbies for more

The Delta variant poses new risks for the world’s second-biggest economy as it spreads from the coast to China’s inland cities and presents fresh challenges to authorities who have for months managed to avert any widespread outbreak of the coronavirus.
Source: ctv business
Delta variant bears down on China just as its economy loses steam

Jack Dorsey’s Square is spending US$29 billion on an Australian buy now, pay later firm — a massive purchase that will help his company build out its global payments empire.
Source: ctv business
Square buys ‘pay later’ service Afterpay for US billion

Stocks were rising in early trading Monday as investors embraced another strong set of earnings as well as progress in Washington to pass a large infrastructure package.
Source: ctv business
Stocks open August higher after posting 6th monthly gain

Canadian companies trying to drum up venture capital during the COVID-19 pandemic raised billions more in the first half of this year than they did in previous years.
Source: ctv business
Canadian companies seeing venture capital funding boom, interest in fintechs high