Direct Loan Canada Blog

Statistics Canada says the country’s merchandise trade deficit fell to $3.3 billion in November as exports rose and imports pulled back.
Source: ctv business
Merchandise trade deficit fell to .3B in November, Statistics Canada reports

A German company that is in the advanced stages of producing a vaccine against COVID-19 is linking up with pharmaceutical giant Bayer to help develop and distribute the product.
Source: ctv business
COVID-19 vaccine contender CureVac links up with Bayer

American Airlines says it is taking several new “precautionary” measures, including no longer serving alcohol on flights to and from Washington, D.C., as one union reported several incidents during which flight attendants “were forced to confront passengers exhibiting politically motivated aggression towards other passengers and crew.”
Source: ctv business
American Airlines announces new measures after flight attendants forced to deal with ‘politically motivated aggression’

Wall Street is rallying toward record highs again Thursday on expectations that the Democratic sweep of Washington means more stimulus is likely on the way for the economy.
Source: ctv business
Wall Street keeps rising on Democratic wins, stimulus hopes

WestJet says it plans to resume flying its fleet of 737 MAX aircraft later this month, pending approval by Transport Canada.
Source: ctv business
WestJet plans resumption of 737 Max flights, pending Transport Canada approval

The New York Stock Exchange is going ahead with plans to delist shares of three Chinese state-owned phone carriers under an executive order from U.S. President Donald Trump, reversing course just days after saying they wouldn’t be delisted.
Source: ctv business
In flip-flop, NYSE will delist 3 Chinese companies after all

British regulators are investigating graphics chip maker Nvidia’s US$40 billion purchase of chip designer Arm over concerns about its effect on competition.
Source: ctv business
U.K. watchdog investigates chip maker Nvidia’s takeover of Arm

Neil Young has become the latest musician to strike gold with his song catalogue, selling a 50 per cent stake in his music to a British investment company in a deal announced on Wednesday.
Source: ctv business
Neil Young becomes latest artist to sell stake in his songs

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of an Iranian metals and mining holding company, seeking to deprive Iran of revenues as U.S. President Donald Trump’s term winds down.
Source: ctv business
U.S. hits Iran with fresh sanctions as Trump term nears end

Wall Street is piling into stocks of smaller companies, banks and other businesses that would be winners if Washington can prop up the economy with another dose of financial support, as expectations rise that Democrats may take control of Washington.
Source: ctv business
Most stocks rally, yields rise as market eyes Democratic DC