Direct Loan Canada Blog

Italian luxury sportscar maker Ferrari announced Tuesday that it won’t hit 2022 financial targets due to the impact of the coronavirus pandemic, despite a strong rebound in the first quarter of 2021.
Source: ctv business
Ferrari 1Q profits rebound, postpones 2022 targets

In her exclusive column on CTVNews.ca, CTV News’ Chief Financial Commentator Pattie Lovett-Reid shares her financial advice for Bill and Melinda Gates as they end their marriage.
Source: ctv business
Pattie Lovett-Reid: Financial advice for Bill and Melinda Gates as they end their marriage

In a bid to win back loyal customers and attract new ones, MEC is rolling out new membership benefits that include discounts on services, exclusive promotions and access to outdoor activity and product experts.
Source: ctv business
MEC looks to its roots as expert outdoor gear provider after insolvency, sale

Canada’s main stock index edged higher in early trading, helped by gains in the energy and base metal sectors, while U.S. stock markets moved lower.
Source: ctv business
S&P/TSX composite edges higher in early trading, U.S. stock markets down

Pandora, the jewelry maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday.
Source: ctv business
Carbon copy? Pandora takes a shine to lab-made diamonds

A unit of Sony Corp has made a minority investment in Discord Inc as part of a deal to tie in the messaging platform with the consumer electronics company’s PlayStation gaming division.
Source: ctv business
Messaging app Discord ties up with Sony’s PlayStation

Wealthsimple said on Monday it has raised $750 million in its latest funding round, which more than doubled the Canadian financial technology company’s valuation to $5 billion.
Source: ctv business
Wealthsimple hits billion (US billion) valuation on funding from Ryan Reynolds, Drake

Former U.S. President Donald Trump will find out this week whether he gets to return to Facebook.
Source: ctv business
Donald Trump will learn this week whether he can return to Facebook

AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a US$5 billion deal.
Source: ctv business
Internet trailblazers Yahoo and AOL sold, again, for US billion

Ethereum, or ether for short, hit a new record high Monday of about $3,200. Ether prices have more than quadrupled in 2021, soaring 325%. Bitcoin has had a great run too this year, doubling in value.
Source: ctv business
Move over, Bitcoin. Ethereum is at an all-time high