Finance

Spain's Diverxia reaches 5.3 GW of global projects and strengthens its EPC and storage push in Latin America
Spanish company Diverxia holds 5.3 GW of projects globally and is moving from renewable developer to an integrated model covering development, construction, operation and maintenance and investment in its own assets. In Latin America it has 600 MW utility scale in Mexico, about 1 GW of solar PV and 21 BESS projects in Brazil, keeps a presence in Colombia and is analyzing opportunities in Argentina and Panama. In Spain it is building an 85 MW solar plant and plans to take part in the capacity market once launched.
FinanceInternationalEnergía EstratégicaOct 29AI
Five energy giants unveil plans in Chile: over 1,800 MW of renewables, BESS and US$2 billion in transmission
On the first day of the Future Energy Summit Chile 2026, CIP, ContourGlobal, Copec Flux, Colbún and Conexión Kimal–Lo Aguirre presented their expansion plans in renewables, battery storage (BESS) and transmission in Chile. CIP totals 520 MW of standalone storage; ContourGlobal acquired about 850 MW of solar and BESS and started a hybrid project of more than 220 MW; the Kimal–Lo Aguirre line exceeds US$2 billion in actual investment. Executives warned that capital requires greater electricity demand, clear rules and faster permits.
FinanceInternationalEnergía EstratégicaOct 29AI
American Airlines raises annual fee on Citi AAdvantage cards to $150
American Airlines, Citi and MasterCard will raise the annual fee on the Citi/AAdvantage Platinum Select and Citi/AAdvantage Business cards from $99 to $150 starting Jan. 24, 2027, according to an airline press release. It is the first price increase for the Platinum Select since 2018. To offset it, new benefits include up to $120 every four years toward Global Entry or TSA PreCheck and a $100 annual statement credit for in-flight purchases, replacing the 25% food and beverage discount.
FinanceInternationalFox NewsOct 29AI
Caterpillar shares fall after missing Q3 sales estimates and giving an outlook that casts doubt on Q4
Caterpillar shares fell and weighed on Dow Jones futures after the company missed third-quarter sales expectations and gave an outlook that casts doubt on fourth-quarter forecasts, according to Investor's Business Daily.
FinanceInternationalInvestor's Business DailyOct 29AI
Madrid's High Court of Justice annuls over 403,000 euros in tax assessments against a content creator
In a ruling dated May 4, 2026, the High Court of Justice of Madrid annulled personal income tax assessments for 2017 to 2019 totaling 241,860.82 euros and the related penalty of 161,502.99 euros imposed on a digital content creator. The tax agency considered that her company contributed residual value and applied the comparable uncontrolled price method, attributing almost all income to the individual. The court finds the comparable was not properly constructed: the final audiovisual product integrates creative, technical and organizational decisions and the work of other professionals.
FinanceInternationalCuatrecasasOct 29AI
Gold falls 0.7% to $4,038.49 after Fed decision, with markets awaiting PCE data
Spot gold fell 0.7% to $4,038.49 an ounce and US futures slipped 0.1% to $4,049.72, after the Federal Reserve kept its interest rate unchanged in a 10-2 vote. Investors awaited the September PCE index to assess the possibility of another rate increase before the end of the year. Silver, platinum and palladium also posted losses, while the dollar index rose to 102.20 points.
FinanceInternationalRevista ADVFNOct 29AI
Dollar opens higher above 990 pesos as copper falls amid renewed fears over AI spending
The dollar opened higher on Thursday, rising 4 pesos to 993, in a session shaped by Federal Reserve signals and a more pessimistic outlook for artificial intelligence. Copper in London fell 0.8% to US$6.51 per pound, in line with losses in Nasdaq 100 futures after Alphabet's disappointing free cash flow report. The Fed held rates steady and futures price an 85% probability of a hike in December.
FinanceInternationalDiario FinancieroOct 29AI
Volkswagen cuts operating profit to 71 million euros and posts 2.72 billion euro loss through September
Volkswagen Group reported operating profit of 71 million euros in the first nine months of 2026, down 98.7% from 5.408 billion a year earlier, hit by 8.7 billion euros in special items, weakness in the Chinese market and competitive pressure. Revenue fell 2.2% to 233.378 billion. The group posted an after-tax loss of 2.72 billion euros, compared with a 3.405 billion profit a year earlier, and warned it needs to speed up its 31 billion euro savings plan.
FinanceInternationalORAINOct 29AI
Public debt, carry trades and AI financing: the risk of a financial collision
An analysis warns that the most dangerous moment of a technological revolution comes when its economic promise grows faster than the capacity to finance it, as is happening today with artificial intelligence. The possible collision brings together four forces: sovereign bonds used as collateral, debt-financed currency bets, Brazil and AI investment. Money crosses those compartments: losses in one market can force sales in another. A reversal does not require a bankruptcy; a delay or costlier financing is enough.
FinanceInternationalRevista SemanaOct 29AI
Christine Lagarde to step down as ECB president on February 7, 2027, months before her term ends
Christine Lagarde will leave the presidency of the European Central Bank on February 7, 2027, about nine months before her eight-year term was due to end, the institution announced. Lagarde informed the ECB Governing Council and European Council President António Costa of her decision. The ECB gave no reason for the departure. Costa said the process to appoint her successor will start immediately; the role is appointed by the European Council by qualified majority.
FinanceInternationalEuronews.comOct 29AI
Christine Lagarde to leave ECB presidency on February 7, opening race for her succession
European Central Bank President Christine Lagarde will leave her post on February 7, almost nine months before her mandate ends on October 31, the institution announced. The departure forces eurozone countries to agree within weeks on renewing the bank's leadership: Isabel Schnabel leaves on January 3 and Philip Lane on June 1. Spain's Pablo Hernández de Cos and the Netherlands' Klaas Knot are seen as the main candidates; the decision rests with the European Council.
FinanceInternationalEL PAÍSOct 29AI
Fed, dollar and tech stocks threaten bitcoin's $80,000 level
Bitcoin is again posting intraday lows below $80,000, in a month-and-a-half low range. According to Citi, the one-month correlation between bitcoin, ethereum and the S&P 500 has risen to 70%, and doubts about the AI rally are spilling over into the crypto market. Adding to the pressure are the Fed's hawkish tone, after it held rates steady with two policymakers voting for a hike, and dollar strength at 17-month highs against the euro.
FinanceInternationalExpansiónOct 29AI
BBVA shares fall nearly 5% after third-quarter results
BBVA reported third-quarter 2026 results, with net interest income of 8.079 billion euros (+21.7%), fees of 2.337 billion (+13.4%) and net profit of 3.015 billion (+19.1%). Despite the figures, its shares fell nearly 5%. XTB's analysis attributes the reaction to the fact that 43% of net interest income growth comes from Turkey, moderate growth in Spain and a CET1 ratio decline below expectations.
FinanceInternationalXTB.comOct 29AI
Naturgy earns 1.758 million through September and raises its 2026 guidance
Naturgy posted a profit of 1.758 billion euros through September, up 5.4% from the first nine months of 2025. EBITDA reached 4.380 billion (+3.9%) and revenue 15.374 billion (+5.4%). The company raised its 2026 estimates: it expects to close the year with record earnings of 2.200 billion and EBITDA above 5.600 billion. The board approved a second interim dividend of 0.6 euros per share, payable on November 5.
FinanceInternationalEl IndependienteOct 29AI
Nasdaq 100 caught between the Fed and Microsoft and Alphabet earnings
The Nasdaq 100 trades around 29,600 points, caught between the Federal Reserve's restrictive stance and earnings from Wall Street's largest companies. The Fed held rates in the 3.75-4.0% range and its chair, Kevin Warsh, said that "interest rates do matter" for AI development. Microsoft grew revenue 19%, with Azure at 48%, but its CAPEX rose 103%; Alphabet fell more than 8% despite lifting revenue 25%.
FinanceInternationalXTB.comOct 29AI
Repsol plans to invest 11.5 billion euros in Spain through 2030 in industry and renewable hydrogen
Repsol plans to develop projects worth 11.5 billion euros between 2026 and 2030 in Spain to strengthen supply security and move toward products with a lower carbon footprint. Of that amount, 60%, about 7 billion euros, will go to initiatives around its industrial sites, including new renewable hydrogen plants and a third 100% renewable fuels plant. The company reported a net profit of 5.006 billion euros through September.
FinanceInternationalCorresponsablesOct 29AI
Spain's Ibex 35 opens down more than 1% weighed by banks and awaiting the ECB
Spain's Ibex 35 opened the session down more than 1%, to 18,689.10 points, pressured by banks after earnings releases. BBVA led the declines with a 5.43% drop, followed by Sabadell (-2.27%) and CaixaBank (-1.5%). The Federal Reserve held rates yesterday and investors await the ECB's decision. Pressure on banks was compounded by the UK government's announcement that it will raise the additional surcharge on financial institutions' profits from 3% to 6%.
FinanceInternationalEl Periódico MediterráneoOct 29AI
Alphabet plunges nearly 10% after results as Fed holds rates at 3.75–4.00%
The Fed kept the federal funds rate in the 3.75–4.00% range, with two votes in favor of a hike and a market pricing an 80% to 84% probability of a December increase. Alphabet fell nearly 10% after the close as it missed both revenue and profit targets for the first time in almost four years, with negative free cash flow of $9.07 billion. Microsoft rose 3% to 5% after beating forecasts. Samsung posted record results but its shares fell.
FinanceInternationalXTB.comOct 29AI
Real estate adviser recommends checking index, spread and review date ahead of a possible mortgage increase
Fernando Godoy, a real estate adviser, advises taking out the mortgage deed and reviewing three elements: the index, the spread and the date the payment is revised. According to the report, many households are waiting for European Central Bank decisions on interest rates, which affect variable-rate mortgages tied to Euribor. For a purchase, Godoy recommends getting pre-approval before choosing a home and comparing fixed, mixed and variable options with numbers. For a sale, he notes that with a high Euribor there is less room for the asking price.
FinanceInternationalDiario ASOct 29AI
Fed inflation forecast suggests "Trumpflation" is worsening
A new Federal Reserve inflation forecast points to deteriorating core inflation. According to the October update, the core PCE price index, the central bank's preferred gauge, would rise from 3% to 3.05% in September and 3.13% in October. Headline inflation was revised slightly down to 3.75% from 3.77%. The text attributes price pressure to tariffs, which raised goods inflation by 2.9 percentage points through February 2026, and to the closure of the Strait of Hormuz due to the war with Iran.
FinanceInternationalAOL.comOct 29AI