Direct Loan Canada Blog

Grocery chain Whole Foods has reversed a policy that prohibited employees from wearing poppies after widespread criticism from politicians and veterans’ advocates.
Source: ctv business
Whole Foods reverses ban on staff wearing poppies after outcry

Canadian insurance company Intact Financial Corp. is part of a consortium including Denmark’s Tryg A/S that is in talks to acquire British insurance company RSA Insurance Group PLC for 7.2 billion pounds or about $12.4 billion.
Source: ctv business
Intact Financial partners to make offer for Britain’s RSA Insurance Group

Marriott reported some dramatic improvements in the third quarter as travel demand rebounded in China.
Source: ctv business
Marriott bounces back as activity in China surges

Wall Street’s best week since April is taking its first breather on Friday, and stocks are little changed following their big rally on enthusiasm about the upside of potential gridlock in Washington.
Source: ctv business
Stocks take a breather, while yields rally on jobs report

Canada’s main stock index dipped slightly Friday but concluded its best week in nearly seven months while the loonie reached its highest level since January.
Source: ctv business
TSX dips but ends best week since April while loonie gains on positive sentiment

Luxury outerwear maker Canada Goose Holdings Inc. beat expectations and turned a profit in its latest quarter as demand in China heated up and online sales grew.
Source: ctv business
Canada Goose reports .4-million Q2 profit, sales down from year ago

Bombardier Inc. says it has launched an internal review after Britain’s Serious Fraud Office confirmed it is investigating the aircraft maker over suspected bribery and corruption related to plane orders for Garuda International.
Source: ctv business
Bombardier faces U.K. fraud investigation over plane contracts for Garuda

The company says the profit amounted to 35 cents per diluted share for the quarter ended Sept. 30, down from 87 cents per diluted share a year ago.
Source: ctv business
Canadian Natural Resources reports 8-million third-quarter profit

The British government and the Bank of England joined forces Thursday to provide further support to an economy facing a difficult winter following the imposition of new coronavirus lockdown measures.
Source: ctv business
U.K. bolsters economic support as England goes into lockdown

Nintendo, the Japanese company behind Super Mario and Pokemon video games, reported Thursday that its fiscal first half profit more than tripled as passed time while stuck at home during the pandemic playing games.
Source: ctv business
Nintendo’s profit soars as pandemic has people playing games