Direct Loan Canada Blog

European shares are lower after a mixed session in Asia, with benchmarks falling in Paris, London and Hong Kong while Tokyo and Seoul advanced.
Source: ctv business
World shares mixed after modest gains on Wall Street

The dispute over the cross-border Line 5 pipeline is entirely for Michigan to deal with, the state’s attorney general argues in a legal brief released Wednesday that flatly rejects Canada’s depiction of a foreign-policy matter that Ottawa and the White House must resolve.
Source: ctv business
Michigan responds on Line 5: ‘This case is a state-law action through and through’

After its movie theatres were shut and its stock nearly left for dead because of the pandemic, AMC Entertainment is embracing the horde of fanatical investors who shocked its shares back to life as part of this year’s ‘meme stock’ buying spree.
Source: ctv business
AMC embraces meme stock status, share price nearly doubles

Some Canadian airlines and flight crew members say they’re prepared for the resumption of air travel in Canada despite reports of increased in-flight disturbances.
Source: ctv business
Airlines prepared for unruly passengers ahead of return to air travel

Etsy said Wednesday that it will buy Depop, an app that’s popular among young people looking to buy and sell used clothing and vintage fashions from the early 2000s.
Source: ctv business
Etsy to buy Depop, a used clothing app popular with Gen Z

Gains in the energy sector helped Canada’s main stock index top the 20,000-point level for a second day in a row.
Source: ctv business
S&P/TSX composite tops 20,000-point level as energy sector climbs higher

The world’s largest meat processing company has resumed most production after a weekend cyberattack, but experts say the vulnerabilities exposed by this attack and others are far from resolved.
Source: ctv business
Largest meat producer getting back online after cyberattack

Indigo Books & Music Inc. trimmed its net loss in the fourth quarter as a more than doubling of online sales offset the impact of extensive store closures due to government-mandated lockdowns.
Source: ctv business
Indigo trims Q4 net loss as revenues climb with more than doubling of online sales

The White House said on Tuesday that Brazil’s JBS SA has informed the U.S. government that a ransomware attack against the company that has disrupted meat production in North America and Australia originated from a criminal organization likely based in Russia.
Source: ctv business
U.S. says ransomware attack on world’s largest meatpacker likely from Russia

As of June 1, a new mortgage ‘stress test’ will mean that borrowers will have to be approved for a minimum qualifying rate of 5.25 per cent or higher.
Source: ctv business
How the new mortgage ‘stress test’ will affect homebuyers