Finance

No-conditions term deposits improve their yields after the ECB's latest meeting
The European Central Bank's latest meeting has driven a wave of launches of no-conditions term deposits and an improvement in the yields of existing ones, according to Expansión. The move affects mid-sized Spanish banks and European institutions betting on higher rates in the euro zone. EBN Banco pays 3.10% APR at 12 months; Pibank and MyInvestor reach 3% at one year, and Belgium's Bank b offers 3.75% APR at seven years.
FinanceInternationalExpansiónOct 26AI
Fed debates pausing rates despite rising inflation in the U.S.
The Federal Reserve meets to decide what to do with interest rates, a week before the November 3 midterm elections. The market largely expects it to keep rates in the 3.75%-4% range set in September, even though September inflation stood at 3.7% year-on-year, against the 2% target. FOMC minutes attribute the surge to tariffs, energy, inputs and technology goods linked to AI.
FinanceInternationalExpansiónOct 26AI
Nevis, the AI system for wealth management, raises US$70 million Series B
Nevis, a New York-based startup building an artificial intelligence operating system for wealth management, raised US$70 million in a Series B round led by EQT Ventures. With the deal, the company founded in 2024 has raised US$110 million in two years. New investors include The Charles Schwab Corporation, which according to the release serves more than 48 million client accounts and more than 17,000 independent registered investment advisors. QuantumLight and existing investors Sequoia, ICONIQ and Ribbit also participated.
FinanceInternationalEl Ecosistema StartupOct 26AI
California plant consolidates production of paper bottles for beverages
Monterey Wine Company marks two years producing Frugal Bottle paper bottles at its King City, California plant, the first US facility dedicated to this packaging since 2024. Its bottles are used for wines and spirits sold in chains such as Target, Whole Foods Market, 7-Eleven and Total Wine & More, and already reach Mexico and Australia. The installed machine has capacity for up to 2.5 million bottles a year, and Frugalpac reports more than four million produced worldwide.
FinanceInternationalInterempresas MediaOct 26AI
China tightens yttrium supply and Japan seeks U.S. help as inventories run down within months
Japan's inventories of yttrium, a rare earth metal used in aircraft engines, car sensors and chip manufacturing, are shrinking and could prove insufficient within months, according to the Financial Times. Tokyo asked Washington to intervene with Beijing, which since April 2025 has required licences to export products of seven elements in that group, including yttrium. Exports of yttrium oxide to Japan fell from 51,000 to 4,000 kilograms between September 2025 and September 2026.
FinanceInternationalXatakaOct 26AI
Brazilian markets fall after Lula's victory; analysts warn about fiscal outlook
Brazilian markets plunged on Monday after Luiz Inácio Lula da Silva won a fourth term, reversing an upward trend driven by hopes of a victory for his conservative rival, Flavio Bolsonaro. The real suffered its biggest single-day drop since 1999 and the Bovespa index briefly triggered an automatic trading halt after falling more than 10%. Investors showed concern over Lula's fiscal plans and the cost of his campaign promises.
FinanceInternationalCNN en EspañolOct 26AI
Banco del Chubut closes its General Mosconi branch in Comodoro Rivadavia and relocates services
Banco del Chubut confirmed the definitive closure of its branch in the General Mosconi neighborhood of Comodoro Rivadavia starting November 3, following seismic movements recorded in that area. Cash operations and pension payments at the counter will be handled at the Centro branch, at San Martín 833, and commercial procedures at the Km 5 Commercial Office, at José Ingenieros 1287, until the entity leases or acquires a new space. The bank urged customers to prioritize Home Banking and the AppBCH app.
FinanceInternationalADNSUROct 26AI
Argentina's Central Bank did not buy reserves and the Treasury reportedly sold dollars to contain the exchange rate
Argentina's Central Bank abstained from buying reserves in a session with a heavily demanded dollar following the election in Brazil. The wholesale rate closed at $1,532 bid and $1,541 ask, up $11.50 (0.75%) from Friday. According to traders, the rise was not larger because of Treasury sales to contain it; the market estimates the government used about US$100 million. With the abstention, the BCRA ended a streak of 20 spot interventions with a positive balance.
FinanceInternationalLa NaciónOct 26AI
Rents in Greater Mendoza rose 15% in 2026, below 23.5% inflation
The first Zonaprop Index Mendoza, based on listings published in September, shows that rents in Greater Mendoza rose 0.4% that month and are up 15% so far in 2026, against 23.5% inflation. A one-bedroom, 50-square-meter apartment costs an average of $504,300 per month, and a two-bedroom, 70-square-meter unit, $653,376. Average gross annual rental yield stands at 7.05%.
FinanceInternationalMDZ OnlineOct 26AI
Fed decides rates with a pause priced in: the three scenarios markets are watching for stocks, the dollar and gold
The Federal Reserve meets on October 27-28 with inflation still high and employment losing strength. Futures assign an 89.5% probability of holding rates at 3.75%-4.00% and a 10.5% chance of a 25-basis-point hike. For December, 73.1% points to a 4.00%-4.25% range. The analysis lays out three scenarios: a pause with a restrictive message, a pause with a more cautious tone on December, and a surprise hike, each with a different impact on the Nasdaq 100, the dollar index and gold.
FinanceInternationalXTB.comOct 26AI
Bovespa falls 13.88% and Brazil's real plunges after Lula's victory
Brazil's main stock index, the Bovespa, closed down 13.88% after Lula da Silva's election victory, in a session that triggered the circuit breaker. Before the halt, index futures neared losses of 20% and Brazilian ETFs in Tokyo and in Wall Street premarket trading showed declines of between 15% and 27%. The Brazilian real plunged 12% against the dollar. MercadoLibre, Petrobras, Itaú and Bradesco saw massive sell orders.
FinanceInternationalRTVE.esOct 26AI
Wärtsilä to convert Brazil's Termocabo plant to gas and secures 10-year, 50 MW contract
Wärtsilä will carry out the natural gas conversion of the Termocabo power plant in Cabo de Santo Agostinho (Pernambuco, Brazil), which will stop using heavy fuel oil. The solution allowed Termocabo S.A. to take part in Brazil's 2026 Capacity Auction and win a 10-year PPA to supply 50 MW. The order was booked in the third quarter and operation is expected in July 2028. The EPC contract includes converting three Wärtsilä 46 engines to the 50SG configuration and upgrading electrical and automation systems.
FinanceInternationalInspenetOct 26AI
IPSA closes at nearly five-month low as Latam shares plunge after Brazil's electoral upset
The Chilean stock market closed lower on Monday: the MSCI IPSA fell 1.6% to 10,575.69 points, its third straight losing session and its lowest level since June 10, after Lula da Silva's presidential victory in Brazil. Enel Américas (-8.6%) and Latam (-5.8%) led the declines. The airline traded more than 106 billion pesos, nearly half of national equity flow. The Bovespa plunged 13.9% in Sao Paulo and Colombia's Colcap fell 1.9%, while Wall Street rose.
FinanceInternationalDiario FinancieroOct 26AI
Brent tops $117 and gas approaches €100 on geopolitical tension
The Brent benchmark in Europe has climbed above $117 a barrel, while West Texas trades around $102 and natural gas moves toward €100. The rise reflects concern over possible supply disruptions from the Persian Gulf, where Iranian attacks on ships around the Strait of Hormuz persist. The week is also marked by meetings of the Federal Reserve, the European Central Bank and the Bank of Japan, with no rate moves expected in November.
FinanceInternationalRTVE.esOct 26AI
Brazil's Finance Minister targets a more ambitious primary surplus for next year
Brazil's Finance Minister Dario Durigan said in an interview with local agency Broadcast that the government will set a goal of achieving a higher effective primary surplus next year, without specifying a figure. The remarks came after a broad decline in Brazilian markets following the re-election of President Luiz Inácio Lula da Silva. Durigan also said the government plans to submit to Congress a bill requiring policymakers to formally set the midpoint of the primary balance target as the goal.
FinanceInternationalEl Nuevo HeraldOct 26AI
US grain cart sales fall nearly 40%
The US self-unloading grain cart market is going through a sharp contraction after the high-demand cycle of 2021 to 2023. According to an analysis by Tractor Zoom, retail sales fell about 40% year on year and time spent in inventory rose around 33%, to nearly 400 days. Lower farm profitability, slower combine sales and the durability of the equipment explain the weakness, while average grain cart capacity grew about 40% between 2021 and 2026.
FinanceInternationalMaquinacOct 26AI
Masdar acquires a solar project of more than 550 MW in Greece from Lightsource bp
Masdar, headquartered in Abu Dhabi, closed an agreement with Lightsource bp to acquire and develop a photovoltaic complex of more than 550 MW in Greece, which will include a battery storage system. The facility is expected to begin commercial operations at the end of 2026 and to supply electricity equivalent to the annual consumption of more than 200,000 Greek households. The project requires two privately owned electrical substations to connect to the country's transmission system. It is the Emirati group's first strategic investment through TERNA ENERGY.
FinanceInternationalInspenetOct 26AI
Sergio Jadue challenges $1.852 billion tax claim before Chilean tax court
The defense of former Chilean ANFP president Sergio Jadue filed a claim before the Tax and Customs Court to void two assessments from the Internal Revenue Service (SII) over underreported global complementary income tax for 2015 and 2016. The SII calculates an owed amount of $1,852,938,597 including adjustments, interest and fines. Lawyers argue the agency acted out of time, without valid notifications and without proving that transfers to a foreign company were personal income. A conciliation hearing is set for November 5.
FinanceInternationalLa TerceraOct 26AI
Jakson Solar to invest $525 million in cell, ingot and wafer plants in India
India's Jakson Solar plans an investment of up to 50 billion rupees, about $525.2 million, to expand its photovoltaic component manufacturing. The plan includes new facilities to produce 3 GW of solar cells and another 3 GW of ingots and wafers. Managing director Ivan Saha announced it at the Renewable Energy India Expo. Output will go mainly to the open market and aims to meet local demand and reduce reliance on imported materials.
FinanceInternationalInspenetOct 26AI
Cashea adds Cantv to its platform for bill payment and financing
The installment-purchase platform Cashea announced the addition of state-owned Cantv to its payments ecosystem. Users will be able to pay and finance their landline and internet bills (ABA and ABA Ultra) from the app, with the option to defer the amount in interest-free installments when the accumulated debt is equal to or greater than 2 dollars. Each transaction adds points in Club Cashea, and the interface allows accounts to be registered with aliases and the outstanding balance to be checked.
FinanceInternationalEL UNIVERSALOct 26AI