Inflation in Canada quickened more than anticipated last month, touching a seven-month high as price pressures continue to simmer in the country, the Wall Street Journal reported. The consumer-price index rose 0.1% in September from the prior month and 2.4% from a year earlier, Statistics Canada said Tuesday. That was hotter than the 2.2% annual inflation economists had expected and marked the second straight month that inflation has accelerated, after picking up to 1.9% in August.

Canada offered tariff relief on some steel and aluminum products imported from the U.S. and China, a government document showed, in efforts to help domestic businesses battered by a trade war on two fronts, Reuters reported. Prime Minister Mark Carney is negotiating with U.S. President Donald Trump, who imposed tariffs on Canadian steel and aluminum. His team also met with Chinese counterparts last week in an effort to secure relief on Chinese tariffs on Canadian agricultural goods. Canada's economy has come under strain as the impact of tariffs on Canadian exports to the U.S.

A group of banks including JPMorgan Chase, Bank of America and Goldman Sachs is struggling to put together a $20 billion loan to Argentina without leaving themselves too exposed to the financially distressed South American country, the Wall Street Journal reported. The bank loans would be part of the Trump administration’s plan to backstop the finances of libertarian President Javier Milei’s government with a $40 billion package, including a $20 billion currency swap with the U.S. Treasury Department and the separate $20 billion bank-led debt facility.

The United States has been at the nexus of a data center boom, as OpenAI, Amazon, Google, Microsoft and others invest hundreds of billions to build the giant computing sites in the name of advancing artificial intelligence. But the companies have also exported the construction frenzy abroad, with less scrutiny, the New York Times reported. Nearly 60 percent of the 1,244 largest data centers in the world were outside the United States as of the end of June, according to an analysis by Synergy Research Group, which studies the industry.

The Christenson Group of Companies, which owes millions to Alberta seniors and their family members under life lease housing contracts, has entered creditor protection, CBC.ca reported. Court of King’s Bench Justice Colin Feasby approved an initial order under the Companies’ Creditors Arrangement Act (CCAA) on Friday. The order gives only 10 days of protection for now. Another hearing is scheduled at the end of the month to discuss the possibility of extending it into the future.

Canadian firms feel conditions are slightly better than earlier in the year but they are unlikely to boost investments or hiring given the dampening effect of U.S. tariffs, a Bank of Canada survey showed on Monday, Reuters reported. The quarterly business outlook survey is closely watched by the BoC and economists to gauge what Canadian firms expect in terms of inflation, sales and hiring.

Company insolvencies in Scotland saw a sharp increase in September 2025, rising 41% compared to the same month last year, Scottish Financial News reported. Official figures show 103 companies became insolvent. This total was comprised of 50 creditors’ voluntary liquidations (CVLs), 48 compulsory liquidations, and five administrations. Despite the monthly surge, the overall insolvency rate for the year to September 2025 showed a slight improvement.

Thousands of people in Britain are suing the health care giant Johnson & Johnson over claims that the company’s baby powder caused cancer, mirroring a long-running litigation battle in the United States over the talc-based product, the New York Times reported. More than 3,000 people have joined the lawsuit, which was filed in Britain’s High Court on Tuesday. The initial value of the claim is 1 billion pounds ($1.3 billion), said KP Law, which filed the case on behalf of the individuals. It is the first group claim against the company in Britain.

A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims Act (CVA), the Insurance Journal reported. Northeast Insurance Co. has filed for “winding-up” of its business in Bermuda Supreme Court and has submitted a Chapter 15 filing in federal bankruptcy court in New York asking it to recognize those Bermuda liquidation proceedings.

Banks including JPMorgan, Bank of America, Goldman Sachs and Citigroup are in talks with the U.S. Treasury to provide up to $20 billion in loans to Argentina, Semafor reported on Thursday, Reuters reported. U.S. Treasury Secretary Scott Bessent on Wednesday had said that the department was working with banks and investment funds to create a $20 billion facility to invest in the South American country's sovereign debt. Bessent said that the facility would sit alongside a new $20 billion U.S.