Finance

Muel wind farm replaces 27 turbines with just three and lifts output by more than 50%
The Muel wind farm (Zaragoza) replaced 27 turbines installed in 1997, with 16.2 MW combined, with three 6.6 MW turbines and 19.97 MW of total capacity. The repowering began in 2025 and the new farm was commissioned at the end of that year; its new stage was officially celebrated on October 8, 2026. According to RWE Renewables Iberia, the operator, output will go from supplying about 9,400 households to about 21,000, an increase of more than 50%.
FinanceInternationalXatakaOct 27AI
US durable goods orders rise 1.8% in September, beating forecasts
New orders for manufactured durable goods in the United States rose 1.8% in September, above the 1.4% expected by economists, according to the Commerce Department. The increase was driven by a 4.6% rise in transportation equipment orders. Excluding transportation, orders grew 0.5%, slightly below the 0.6% forecast. The agency revised August to a 0.1% increase, from the 0.1% decline initially reported.
FinanceInternationalRevista ADVFNOct 27AI
Toku triples revenue in Chile and bets on AI agents for large companies
Payments fintech Toku tripled its revenue in Chile over the past two years and is developing artificial intelligence agents for large companies, with 50 agents already built for use cases such as collections, support and sales. Founded in 2020, the company added 300 technological improvements to its platform and charges for concrete results. Toku, which has raised US$65 million, expects to process more than US$10 billion through its platform in 2026.
FinanceInternationalDiario FinancieroOct 27AI
IEA warns that concentration of clean energy suppliers threatens Southeast Asia's energy security
Fatih Birol, executive director of the International Energy Agency (IEA), warned at Singapore International Energy Week that manufacturing of clean technologies is concentrated in few countries, posing a risk to Southeast Asia's energy security, where ASEAN electricity demand is growing twice as fast as total energy consumption. He said energy security no longer depends only on fuels but on access to equipment and spare parts. According to Ember, the region has bought more than 20 billion dollars in Chinese clean technology in 2026.
FinanceInternationalInspenetOct 27AI
Pension plan assets reached 144.492 billion euros at the end of September
Pension plan assets rose by 6.503 billion euros in the third quarter of 2026, bringing total assets to 144.492 billion at the end of September despite a -0.4% market-driven adjustment, according to Inverco. The overall year-on-year return stood at 7.7%. Contributions through September totaled 2.233 billion, up 8.9%, while benefits fell 16.8% to 638 million.
FinanceInternationalValencia PlazaOct 27AI
Dollar in Chile trades near 989 pesos ahead of central bank decision
The dollar in Chile trades near 989 pesos after approaching 1,000 pesos in the previous session, while the market awaits the central bank's rate decision later today. The rate is expected to stay at 4.5%, with annual inflation at 4.1%. On Wednesday the Federal Reserve would also keep its rates between 3.75% and 4%. Copper futures hover around US$6.55 per pound and China's industrial profits grew 14.4% year-on-year in September.
FinanceInternationalXTB.comOct 27AI
PwC Chile adds three new partners starting January 2027
PwC Chile will add three new partners as of January 1, 2027: María Esperanza Opazo, Felipe González and Andrea Villalobos. Opazo will become audit partner; González, partner in legal and tax advisory, and Villalobos will join as partner in that same area. All three were promoted by the firm, one of the "Big Four".
FinanceInternationalDiario FinancieroOct 27AI
Oil falls for a second day after Iran's gesture to ease tensions with the US
Brent and WTI prices extended their declines for a second consecutive day after Iran's government signaled willingness to ease tensions with the United States. Brent neared $117 overnight and then retreated quickly following remarks attributed to Mojtaba Khamenei, who asked for guarantees to end the attacks. WTI stands around $100.99 per barrel. The drop boosted Nasdaq 100 futures (0.3%) and Stoxx Europe 600 futures (0.2%), while the 10-year US Treasury yield fell two basis points to 4.97%.
FinanceInternationalXTB.comOct 27AI
HSBC says third-quarter net profit jumped 45.5%, missing forecasts
HSBC reported that its third-quarter net profit rose 45.5% year on year, a figure that nonetheless fell short of expectations for the London-based bank. The lender is moving ahead with the restructuring of its operations.
FinanceInternationalSWI swissinfo.chOct 27AI
BancoEstado to raffle 100 prizes among RutPay users who pay in October
BancoEstado launched a promotion that will raffle 100 prizes among those who use RutPay to pay between October 1 and 31, 2026. Each valid payment adds one chance, with additional chances for Pasaje QR and transfers. Winners will receive refunds on purchases at participating supermarkets during 2027, of up to $200,000 per month and up to $2,400,000 accumulated over the year, credited to their CuentaRUT. Each participant can win only one prize.
FinanceInternationalEl MostradorOct 27AI
ACERA board candidates warn over lack of PPA contracts and see data centers as an opportunity for Chilean renewables
Ahead of the October 30 guild elections, candidates for ACERA's board warned about difficulties in securing PPA contracts and financing new renewable developments in Chile. Carlos Cabrera of Sphera Energy anticipated "a great die-off of projects." Alan Álvarez of AES proposed prioritizing the attraction of data centers, including those for artificial intelligence, and warned the country has a three-to-five-year window to capture that demand.
FinanceInternationalEnergía EstratégicaOct 27AI
Europe opens GET.invest call to finance renewable energy projects
The European program GET.invest opened a new assessment round for renewable energy projects and companies seeking financing, with free advisory support to improve their financial readiness and connect with investors. The deadline for the next assessment is December 1, 2026, although applications remain open year-round and are reviewed in six-week cycles. The mechanism focuses on sub-Saharan Africa, the Caribbean and the Pacific, and does not provide funding but technical and financial assistance.
FinanceInternationalEnergía EstratégicaOct 27AI
Portugal to tender 1 GW of grid access for batteries as Italy opens capacity auction; Spain still waiting
Portugal opened two competitive procedures for up to 1,050 MVA of grid access for storage: 750 MVA for standalone batteries and 300 MVA for hybridised renewable projects, managed by DGEG. Italy, through Terna, opened applications for its 2028 capacity market auction, to be held on December 21, with cuts to the recognised capacity coefficients for four-hour batteries of up to 47.5% in the South and Calabria. Spain approved its capacity market framework but is still awaiting the first tenders.
FinanceInternationalEnergía EstratégicaOct 27AI
Brussels proposes pioneering law to anticipate climate change risks in the EU
The European Commission presented a plan to strengthen resilience and adaptation to climate change, with a pioneering law that will require member states to incorporate climate risks into all their policies. The rules set a reference pathway of 1.5 degrees for 2030, 2 degrees for 2050 and 3 degrees in 2100. Brussels estimates losses of 200 billion euros from damage between 2022 and 2025 and estimates annual investments of 70 billion euros are needed.
FinanceInternationalEL PAÍSOct 27AI
Swiss SMI rises 5.1% in October, beating Euro Stoxx 50 by 7.5 points
The Swiss SMI was up about 5.1% in October, against a 2.4% decline in the Euro Stoxx 50, a 7.5 percentage point gap, the widest since March 2020. Roche, Novartis and Nestlé gained 13%, 9% and 10% in the month. The text attributes this resilience to the weight of healthcare, financials, industrials and consumer staples in the Swiss market, to the franc as a safe-haven currency and to official rates at 0%.
FinanceInternationalXTB.comOct 27AI
Abanca raises pre-tax profit 2.4% to €764.5 million and puts its ROTE at 12.2%
Abanca posted a pre-tax profit of €764.5 million so far this year, up 2.4% year on year, while after-tax profit fell 13.6% to €579.1 million. The bank attributes the gap to the normalisation of its effective tax rate, which rose from 7% to 28% due to lower use of tax credits. Its ROTE stood at 12.2% and business volume grew 6.4% to €142.859 billion.
FinanceInternationalLa Voz de GaliciaOct 27AI
UBS cuts its palladium forecast to $1,100 per ounce
UBS lowered its palladium price forecast to about $1,100 per ounce over the next 12 months, after cutting its previous estimates for December, March and June by $100 to $200. The Swiss bank attributed the revision to reduced investor positions and a more bearish sentiment in the options market. It also cited the drop in Chinese palladium imports, from nearly 8.6 metric tons in April to 3.4 in September, and the wider discount to platinum, which could support automotive demand.
FinanceInternationalRevista ADVFNOct 27AI
OPEC+ expected to keep December output targets unchanged while preparing 2027 quotas
OPEC+ countries will likely keep their December production targets unchanged at Sunday's virtual meeting, according to three people cited by Reuters, as the group turns its attention to negotiations on 2027 quotas. Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman will take part. The expectation comes as Gulf producers raise exports after months of disruptions linked to the conflict in Iran, though most continue producing below their targets. The sources said no final decision has been made.
FinanceInternationalRevista ADVFNOct 27AI
Gold falls below $4,000 ahead of the Federal Reserve's rate decision
Gold prices retreated on Tuesday and briefly traded below $4,000 an ounce as investors awaited the Federal Reserve's policy announcement on Wednesday. At 05:58 ET, spot gold was down 0.5% at $3,998.23 an ounce and US futures were 0.6% lower at $4,013.17 an ounce. The market prices roughly a 10% chance of a rate hike this week, after September's increase, amid elevated energy prices and diplomatic efforts related to Iran.
FinanceInternationalRevista ADVFNOct 27AI
Oil rises: Brent at $116.38 and WTI at $102.35 amid Houthi attacks and Iran talks
Brent futures rose 0.5% to $116.38 a barrel and WTI 0.6% to $102.35, after reversing earlier losses. The market is tracking negotiations between Iran, Saudi Arabia, Turkey and Pakistan to reduce tensions, and reports of Houthi attacks on pumping stations of Saudi Arabia's East-West pipeline and Riyadh airport, which Saudi authorities had not immediately confirmed. Last week Brent hit its highest level in six months.
FinanceInternationalRevista ADVFNOct 27AI