Finance

REIT in Argentina: bet on "lagging" square meter with tickets from $1,000 and quarterly dollar rents
A REIT in Argentina's capital market, with a minimum ticket of $1,000 and quarterly rent payments in dollars, already has more than 10,000 investors. Its managers argue that the price per square meter in Buenos Aires, measured in dollars, has lagged behind other financial assets, wages and economy-wide prices. They aim to combine rental yields of between 6% and 8% in hard currency with property appreciation.
FinanceInternationalAmbitoOct 28AI
Finmaq, Colombian fintech lending for machinery, closes US$6.5 million Series A round
Finmaq, a Colombian fintech that finances machinery and equipment for MSMEs, closed a US$6.5 million Series A round led by Accion, with participation from Mundi Ventures and existing investors Alive Ventures and 30N Ventures. The company has placed more than US$100 million and holds an active portfolio of close to COP 200 billion. It aims to surpass US$200 million in placements and reach 5,000 active clients in 18 months. It operates only in Colombia and its main recent challenge is fraud attempts.
FinanceColombiaPortafolioOct 28AI
Dollar falls in Chile after central bank holds rates
The dollar opens lower in Chile and approaches its 21-day moving average, with the Chilean peso accumulating an appreciation of close to 2% since October 25. The decline is supported by the Central Bank of Chile's decision to hold its policy rate, a rebound in copper and expectations that the Federal Reserve will also keep rates unchanged. The exchange rate stands near 977.87 pesos per dollar.
FinanceInternationalXTB.comOct 28AI
Nasdaq 100, EURUSD and gold: the markets watching the Fed and tech earnings
US futures trade higher, led by the Nasdaq 100, up 0.46%, while the Kospi gains nearly 6% after SK Hynix beat expectations and reinforced optimism about AI-related demand. The session includes results from Alphabet and Meta Platforms and the Federal Reserve's rate decision. The euro is near 17-month lows against the dollar and gold remains under bearish pressure, near 4,045.
FinanceInternationalXTB.comOct 28AI
Latin America's geopolitical reshuffle redraws Colombia's trade map
The reshaping of political relations in Latin America poses opportunities and challenges for Colombia's economy and affects the country's foreign trade. According to the analysis, Colombia seeks to consolidate markets in the Pacific Alliance and the Andean Community, revive trade with Venezuela and strengthen commercial ties with Brazil and Mexico to diversify its export offering beyond hydrocarbons. The success of this commercial diplomacy depends on institutional stability and on resolving tariff and logistics barriers.
FinanceColombiaDiario del SurOct 28AI
AGER warns Guatemala needs grids to connect new PEG-6 generation
Astrid Perdomo, executive director of AGER, warned during an Energía Estratégica streaming session that Guatemala's generation expansion faces the challenge of having grids to connect power plants. PEG-6 plans to contract 600 MW with supply from May 2032, while demand grows around 6% a year. Perdomo questioned the information available on connection capacity and cited an estimate of 5,000 kilometers of new lines by 2040.
FinanceInternationalEnergía EstratégicaOct 28AI
Robinhood shares fall 8.7% after third-quarter results hit by lower crypto revenue
Robinhood Markets (NASDAQ:HOOD) fell 8.7% in premarket trading to about $86.31 from a prior close of $94.56 after reporting third-quarter revenue below expectations. Adjusted earnings per share were $0.60, above the $0.55 consensus, but revenue of about $1.42 billion came in under the $1.43 billion expected. Crypto transaction revenue dropped 55% to $120 million and operating expenses rose 16%, faster than revenue growth of 12%.
FinanceInternationalRevista ADVFNOct 28AI
Del Monte meets third-quarter earnings expectations, but revenue falls short of forecasts
Del Monte (NYSE:DMC) reported adjusted earnings per share of $0.50 for the third quarter of 2026, in line with the analyst consensus, while revenue of $1.1 billion came in below the expected $1.16 billion, though it grew 7.2% year over year. Gross profit rose 27.0% to $102.6 million and gross margin improved 150 basis points to 9.4%, driven by the acquisition of Del Monte Foods in March 2026. The Banana segment posted a gross loss of $2.7 million due to black sigatoka prevention costs in Costa Rica.
FinanceInternationalRevista ADVFNOct 28AI
Colombia's 2027 minimum wage: tripartite talks set the increase taking effect in January
Law 278 of 1996 requires the government to negotiate the minimum wage with employers and workers in a tripartite commission, but not to reach an agreement: if there is no consensus, the increase is set by decree. Between 2001 and 2026 the commission reached agreement in nine of 26 negotiations, and in the remaining 17, including the last three years, the government decided. The increase will take effect on January 1, 2027 and will affect about 2.4 million Colombians.
FinanceColombiaEl EspectadorOct 28AI
Fed decides rates today with Kevin Warsh in the spotlight
The Federal Reserve announces its interest rate decision today, with Kevin Warsh as the institution's chair. The market takes for granted that there will be no rate move, after the bond market a month ago priced in a 25 basis point hike with a probability above 70%. Warsh will have to explain why the committee raised rates after a two-tenths increase in September's core PCE and now holds them steady with a three-tenths forecast.
FinanceInternationalXTB.comOct 28AI
Colombia's dollar TRM falls to 3,148.02 pesos this Wednesday
Colombia's representative market rate (TRM) stood at 3,148.02 pesos per dollar this Wednesday, October 28, down from 3,157.94 the previous day, a decrease of 9.92 pesos. The TRM serves as a reference for numerous economic transactions, although financial institutions and exchange houses do not buy or sell dollars at exactly that price: rates vary by city, establishment, amount and service costs.
FinanceColombiaDiario del SurOct 28AI
Oil rises more than 1% after alleged Houthi attack on Saudi refinery
Oil prices rose more than 1% after Yemen's Houthi movement claimed a missile attack on Saudi Arabia's largest refinery, with capacity of about 550,000 barrels per day. Brent gained 1.2% to $115.24 a barrel and WTI 1.6% to $101.52. Also weighing in were a 2.03 million barrel drop in U.S. crude inventories reported by the API, Sunday's OPEC+ meeting and the possibility of lower Russian exports in November.
FinanceInternationalRevista ADVFNOct 28AI
BlackRock launches two active European corporate bond ETFs
BlackRock launched two actively managed fixed-income ETFs: the iShares € Investment Grade Corp Bond Active UCITS ETF (EBCA), with a 0.25% TER, and the iShares European High Yield Corp Bond Active UCITS ETF (EYBA), at 0.40%. Both are euro-denominated and list on Xetra and Euronext Milan. They add to the active AT1 bond ETF launched in January with a 0.50% TER. The asset manager expects to add more active fixed-income ETFs to the range before the end of 2026.
FinanceInternationalFinectOct 28AI
Labiana lifts EBITDA 10.2% and posts 41.26 million euros in first-half revenue
Labiana Health, a Spanish pharmaceutical group listed on BME Growth, reported revenue of 41.26 million euros in the first half of 2026, up 5.2%, with adjusted EBITDA of 8.20 million (+10.2%) and adjusted EBIT of 6.19 million (+14.2%). Animal Health grew 9.6% and accounted for 50.3% of sales. Net income was 0.93 million, after 3.5 million in extraordinary financial expenses from cancelling the previous financing with Miralta/Blantyre.
FinanceInternational3tres3.comOct 28AI
New Zealand dollar slumps after RBNZ unexpectedly holds rates at 2.75%
The Reserve Bank of New Zealand kept its official cash rate unchanged at 2.75%, despite the market pricing in close to a 90% probability of a 25 basis point hike. The decision passed on a tight 4-3 vote and the country's five largest commercial banks had expected rates at 3.00%. The majority chose to assess the impact of the two previous hikes, with inflation at 3.7% year-on-year in the third quarter. Governor Anna Breman said further hikes are likely.
FinanceInternationalXTB.comOct 28AI
Bunge halts ammonia production in Campana, affecting 110 employees
Bunge discontinued production of ammonia and ammonium thiosulfate in Campana, a decision that affects 110 employees. The company attributed the loss of viability to a combination of technological and infrastructure limitations, market changes and supply difficulties. The measure applies to that operation and does not mean Bunge is ceasing its activities in Argentina. ACA participates in an associative manner for the equivalent of 17.5% of what is produced. In the same Rosario business agenda, a group of Chinese investors plans six multi-category stores of more than 1,000 square meters.
FinanceInternationalRosario3Oct 28AI
Colombia and coal: record global demand as local output falls
According to the International Energy Agency, global coal demand rose from 7,888 million tonnes in 2021 to 8,845 million tonnes in 2025. The text argues that if Colombia does not extract and export coal, its competitors will, and cites the closure of Prodeco's two mines in Cesar, after which 15 million tonnes a year stopped being produced and exported. It adds that the previous government's policies discouraged extractive activity and the sector's share of GDP fell from 4% to 3.5%.
FinanceColombiaEl PilónOct 28AI
Santander shares fall 4% after mixed third-quarter results
Santander reported third-quarter 2026 results with ordinary net profit of 3.848 billion euros (+18.5% year on year) and net interest income of 11.903 billion (+14.9%), though both metrics came slightly below analyst consensus. Net profit in Brazil fell 21.2%, while the UK and the US contributed increases of 39.3% and 44.6%. The efficiency ratio improved to 42.6%. Its shares were down 4% after the release.
FinanceInternationalXTB.comOct 28AI
BASF raises 2026 EBITDA guidance after third quarter with sales of 16.4 billion
BASF reported sales of 16.4 billion euros in the third quarter of 2026, up 14% year on year, driven by prices 12% higher and volumes 2% higher. EBITDA before special items rose 15% to 1.6 billion, with contributions from all core businesses. The group raised its 2026 EBITDA before special items guidance range to between 7.4 and 7.8 billion euros, from the previous 6.9-7.7 billion.
FinanceInternationalCorresponsablesOct 28AI
Heineken beats forecasts with a sales rebound in Asia and the Americas
Heineken raised its total volumes by 4.8% organically in the third quarter, above analyst forecasts, driven by premium brands and growth in Vietnam. Consolidated volumes rose 3.9%. Shares of the Dutch brewer gained as much as 2% in Amsterdam. New CEO Rafael Oliveira said the company has solid foundations but that these are not translating into consistent growth. Heineken kept its forecast of organic operating profit growth of up to 6% for the year.
FinanceInternationalBloomberg LíneaOct 28AI