Direct Loan Canada Blog

Finance Minister Chrystia Freeland will face questions from senators Thursday afternoon as they scrutinize the government’s latest bid to provide pandemic aid to hard-hit businesses.
Source: ctv business
Senators set to question Freeland on bill to provide new rent relief, business aid

U.S. stocks are scuffling Thursday amid worries about worsening coronavirus counts across the country.
Source: ctv business
Wall Street scuffles as worsening pandemic slows its rally

Small businesses that survived the pandemic so far are now at risk of permanently closing if governments don’t do more to help them stay afloat in the second wave, with big corporations such as Costco and Walmart set to benefit most from shutdowns, according to a leading business advocate.
Source: ctv business
New closures will be ‘fatal’ for thousands of small businesses, advocate warns

Shipping company UPS is lifting several of its longstanding strict rules on the personal appearance of its employees who interact with the public.
Source: ctv business
UPS ends ban on beards and natural Black hairstyles

Chinese consumers spent over a hundred billion dollars during this year’s Singles’ Day shopping festival, signalling a rebound in consumption as China recovers from the coronavirus pandemic and a battering of the economy.
Source: ctv business
Chinese shoppers spend over US0 billion in shopping fest

The popular video-sharing app TikTok, its future in limbo since U.S. President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene.
Source: ctv business
TikTok asks court to intervene as Trump order looms

Pfizer CEO Albert Bourla filed to sell millions of dollars of his company’s stock Monday — the day the pharmaceutical giant announced positive data about its coronnavirus vaccine.
Source: ctv business
Pfizer CEO sold US.6M in stock the day he announced promising vaccine news

Japan’s new prime minister is declaring war on the humble ink stamp known as hanko. It might seem paradoxical in a country often assumed to be a futuristic tech-savvy paradise, but Japan’s business world and bureaucracy remain heavily dependent on paper documents, hand-stamped with approval.
Source: ctv business
Japan PM declares war on ink stamp ‘hanko’

China’s sales of vehicles including trucks and buses rose 12.5 per cent over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still were below pre-virus levels, an industry group reported Wednesday.
Source: ctv business
China auto sales grow 12.5 per cent in October, but down for year

The S&P 500 is pushing closer toward its record on Wednesday, and this time big technology stocks are also rising on Wall Street.
Source: ctv business
S&P 500 climbs toward record, including Big Tech this time