Direct Loan Canada Blog

Bitcoin has been flirting with the US$30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued at above US$33,000, an all-time high.
Source: ctv business
Bitcoin soars past US,000, its highest ever

Tesla’s annual sales rose 36 per cent, but the electric car company came short of its annual goal to deliver 500,000 vehicles.
Source: ctv business
Tesla’s annual sales up 36 per cent, but comes short of delivery goal

The company behind a proposed copper and gold mine in Alaska faces lawsuits from investors claiming it misled shareholders who have seen an 85 per cent drop in stock value since the summer.
Source: ctv business
Investors sue parent company behind gold mine in Alaska

China said Saturday that it would take necessary countermeasures in response to the New York Stock Exchange’s announcement that it would delist three major Chinese telecoms, in the latest flare-up of tensions between Beijing and Washington.
Source: ctv business
China warns of retaliation for NY Stock Exchange delisting of companies

After a tumultuous 2020, those with their eyes on the Canadian and global economies can expect improvements in 2021, according to one expert.
Source: ctv business
Expert says Canadian economy will improve in 2021, though ‘not spectacularly’

In an effort to stem the tide of the coronavirus, Thailand has banned food, drink and any printed materials other than safety information cards on board domestic flights.
Source: ctv business
Thailand bans food, drink, newspapers and magazines on domestic flights

A steady trickle of trucks rolled off ferries and trains on both sides of the English Channel on Friday, a quiet New Year’s Day after a seismic overnight shift in relations between the European Union and Britain.
Source: ctv business
Quiet New Year gives breathing room after U.K.-EU Brexit split

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military.
Source: ctv business
NYSE starts process of delisting 3 Chinese telecom companies after Trump order

Officials believed in late summer that an economic recovery would not magically happen if lockdowns and public health restrictions disappeared, a newly obtained federal document shows.
Source: ctv business
Finance note says lifting lockdowns, restrictions no sure road to economic recovery

The National Airlines Council of Canada said there are still major issues that need to be addressed as Ottawa rolls out a COVID-19 testing requirement for air passengers arriving from abroad.
Source: ctv business
Canada’s airlines say border testing could cause confusion for airlines, passengers