A U.S. bankruptcy court judge granted SAS AB’s request to speed the process of paying $3 million to advisers of the Scandinavian airline’s investor group, keeping its restructuring on track over opposition from creditor Apollo Global Management Inc., Bloomberg News reported. Judge Michael E. Wiles set an Oct. 12 hearing on a motion to expedite reimbursement to advisers to the group led by Air France-KLM and Castlelake LP, who are set to take control of SAS as it exits from chapter 11 protection.

Deutsche Bank AG squared off against the U.S. parent company of Lehman Brothers in a London court this week, hoping to squeeze more money from obscure notes issued by the long-dead bank’s U.K. arm, Bloomberg News reported. The German lender argued that it should be paid money recovered from the U.K. unit ahead of the company’s U.S. parent. Deutsche Bank is leading the case as a holder of a certain type of junior security issued from Lehman’s European unit.

About 4,300 unionized workers went on strike at three General Motors plants in Canada on Tuesday, boosting pressure on the automaker grappling with a U.S. union work stoppage now in its fourth week, Reuters reported. The walkout by workers came after Canadian union Unifor said GM was "stubbornly refusing" to match the contract the labor union reached with Ford Motor, which offered wage increases of up to 25% in Canada.

Credito Real filed a prepackaged insolvency agreement in a Mexican federal court on Friday, people familiar with the matter said, in a bid to resolve the collapse of what had been the country’s biggest payroll lender, Bloomberg News reported. The company filed a so-called concurso mercantil with a plan that is backed by more than 50% of holders of its $1.9 billion of dollar bonds, said the people, requesting anonymity since they were not authorized to speak with media.

Newly licensed private businesses are becoming a lifeline for Cuba, bringing in about half of the country’s total food imports as the cash-strapped Communist government struggles to keep power plants running and provide public transport because of acute fuel shortages, the Wall Street Journal reported. Havana passed laws allowing Cubans to form small businesses that can employ up to 100 people in the wake of countrywide protests that shook the impoverished island two years ago. Since then, more than 8,000 small and midsize businesses have registered with the government.

The Dominican Republic's economy is expected to grow 3% this year, its presidency said in a statement on Wednesday, marking a slowdown from previous levels and below recent forecasts, Reuters reported. The growth forecast would mark a slowdown from the 4.9% posted last year and the International Monetary Fund's June estimate of 4%. The IMF had forecast that growth would return to around 5% next year. The Caribbean country's inflation should meanwhile remain "within normal parameters" this year, the presidency said in the statement.

A Bank of Canada official said there’s a risk firms will continue to raise prices more frequently and more sharply, complicating efforts to bring inflation back to 2%, Bloomberg News reported. In a speech in Montreal, Deputy Governor Nicolas Vincent said that while the bank sees signs that corporate pricing behavior is gradually returning to normal, it’s still not what it was before the pandemic and progress is slow. “If recent pricing behavior settles into a new normal, it could complicate our return to low, stable and predictable inflation,” he said on Tuesday.

Current home prices in Canada can’t be justified if medium-term interest rates stay elevated, a former Bank of Canada official said, underscoring the risk to one of the country’s most important sectors, Bloomberg News reported. Paul Beaudry, who spent four years on the central bank’s rate-setting committee, said the outlook for the housing market remains highly dependent not only on the policy rate, but on longer-term fixed rates. If they don’t come down, “then it becomes much more difficult to support these valuations,” he said on BNN Bloomberg Television.

The Canadian economy rebounded slightly last month but still saw little growth, backing a case for the central bank to keep rates on hold despite inflation remaining elevated, Bloomberg News reported. Preliminary data suggest gross domestic product edged up 0.1% in August, Statistics Canada reported Friday in Ottawa, as declines in the retail and oil and gas industries partly offset increases in the wholesale and finance sectors. That followed a flat GDP reading in July, which missed expectations for a 0.1% increase in a Bloomberg survey.