Finance

Volaris expects its merger with Viva Aerobus to close "in the coming months"
Volaris, a Mexican low-cost airline, expects its merger with Viva Aerobus to be completed "in the coming months," without committing that it will happen this year. CEO Enrique Beltranena said the company is working with Mexico's National Antitrust Commission (CNA), providing the required information and answering questions so the case can move to higher levels. The deal already has approval in Colombia and the United States; when the agreement was announced in December 2025, both airlines estimated it would be completed in 2026.
FinanceInternationalBloomberg LíneaOct 27AI
Home charging becomes a key piece of Mexico's electromobility: 66% of drivers charge at home
Residential and private charging is gaining weight in Mexico's electric mobility: 66% of drivers charge their vehicle at home, according to specialized information and data from the Electro Movilidad Asociación (EMA). A Level 2 charger at 220 volts recovers between 30 and 50 kilometers of range per hour, and its residential installation costs between 10,000 and 25,000 pesos. DC fast charging is aimed at long trips and fleets. In 2024 the CRE set rules to integrate charging infrastructure into the National Electric System.
FinanceInternationalRevista MagazzineOct 27AI
Anfac: "The European car industry has not thrown in the towel and is on a counteroffensive"
Markus Haupt, president of Spanish manufacturers' association Anfac and of Seat-Cupra, says the European car industry "has reacted" to the arrival of Chinese brands with investments of hundreds of billions of euros in a new generation of electric cars. He calls for a "fair competition" regulatory framework with the European Commission, looser CO2 targets and sustained subsidies for electric vehicle purchases. He also urges attracting more industrial investment to Spain and making the car industry a "state project".
FinanceInternationalExpansiónOct 27AI
Users report Nequi outage: failures logging into the app, sending and withdrawing money
Users reported failures in Nequi since the afternoon of Tuesday, October 27. According to Downdetector, reports increased around 4:50 p.m., with a peak of about 450. Some 53% were app problems, 45% were login difficulties and 1% involved QR codes. In a check at 5:25 p.m., partial interruptions were listed for app login, money transfers between Nequi and Bancolombia, ATM and correspondent withdrawals, and QR payments.
FinanceColombiaRevista SemanaOct 27AI
La Pampa received 48 private solar energy proposals for more than 180 MW
Pampetrol SAPEM received 48 private investment proposals for renewable generation projects in La Pampa, in a call that sought 53.5 MW of solar photovoltaic technology across thirteen nodes of the 33 kV grid. Fifteen companies submitted alternatives totaling more than 180 MW offered, over three times the initial requirement. The call was framed under Resolution No. 26/26 of the Secretariat of Energy and Mining and closed on October 26.
FinanceInternationalEl Diario de la PampaOct 27AI
Ana Maestro, new managing director of Sumitomo (SHI) Demag Spain & Portugal
Sumitomo (SHI) Demag appointed Ana Maestro as managing director of its subsidiary for Spain and Portugal, based in Valencia with a Technical Center in Ibi (Alicante). Maestro, with an international career in sales and management, including 13 years in Düsseldorf (Germany), will lead a team of ten people covering the entire Iberian Peninsula. The company keeps its focus on packaging and medical, and expects to launch a new machinery platform next year.
FinanceInternationalInterempresas MediaOct 27AI
Cornejo announced over US$250 million in energy and infrastructure investments in San Rafael
Mendoza Governor Alfredo Cornejo presented in San Rafael an investment package of more than US$250 million in energy and infrastructure. It includes electrical works worth over US$43 million, US$210 million to restore the Los Nihuiles hydroelectric plants and the Mendoza Sur Solar Park, with 404 megawatts. Cornejo said the province aims to go from 1,730 megawatts installed in 2015 to more than 3,700 in 2027.
FinanceInternationalDiario UNOOct 27AI
Brazil's stock market plunged after Lula's reelection, while Colombia's dollar barely moved
The Ibovespa fell 13.88% on Monday and closed at 176,608 points, its worst session since March 2020, after Luiz Inácio Lula da Silva won the presidential runoff with 51.79% of the vote. The index lost more than 17% at one point and triggered the circuit breaker for half an hour. In Colombia, the Colcap dropped 1.38% to 2,505.04 points and the dollar fell 86 cents to 3,157.57 pesos. On Tuesday the Ibovespa slipped a further 0.51%.
FinanceInternationalEl TiempoOct 27AI
Héctor Paletta: new details on his tax situation and the origin of funds used to buy cryptocurrencies
According to Infobae's reconstruction, referee Héctor Paletta would have had to regularize a tax debt after income above the limits of Argentina's monotributo regime was detected, which would have led to the departure of the accountant handling his tax affairs. Questions also persist about the origin of the money used to buy cryptocurrencies through virtual wallets. The case emerged after bank credits of more than 130 million pesos in 2024 were reported, above his declared income. ARCA declined to provide information citing tax secrecy.
FinanceInternationalInfobaeOct 27AI
Chile's Central Bank holds rate at 4.5% and warns of greater inflation risks
Chile's Central Bank Council unanimously decided to keep the Monetary Policy Rate at 4.5% at its October meeting. The institution warned that inflation risks have increased significantly due to higher energy and food prices, amid geopolitical tensions in the Middle East and an unusually intense El Niño phenomenon. International oil prices rose about 25% since September and annual inflation reached 4.1% that month. The August Imacec fell 1% year-on-year, mainly due to mining.
FinanceInternationalBioBioChileOct 27AI
Nequi reports outages in its app this Tuesday
Nequi told its users that its app is experiencing intermittent failures on the afternoon of Tuesday, October 27, and that its team is working to fix them. The digital wallet warned that users may have trouble logging in or carrying out transactions from their phones. The company did not detail which specific functions are failing or how long a fix might take. Nequi sent a message of reassurance and said users' money and information are safe.
FinanceColombiaBlu RadioOct 27AI
Colombian companies stand out at the 2026 Zero Waste Awards for circular economy
Colombian companies, public entities and universities were recognized at the 2026 Zero Waste Awards for their progress in circular economy and waste management, during the 2026 Zero Waste Summit organized by Global Zero Waste. The distinctions were divided into four categories (Platinum, Gold, Silver and Bronze) according to the level of progress in certification under the International Zero Waste Management System Standard. According to DANE figures cited by Global Zero Waste, the circular economy represents 1.53% of Colombia's GDP, equivalent to COP 26.05 trillion.
FinanceColombiaRevista SemanaOct 27AI
ANIF warns inflation could close 2026 at 6.6%
ANIF president José Ignacio López warned at the FGA's 'El crédito que mueve a Colombia' forum that inflation could close 2026 at 6.6%, with upward biases of up to 6.8%. He attributed the inertia to services driven by the minimum wage increase and to pressures on regulated items such as utilities and food due to El Niño. He called for caution in the 2027 minimum wage negotiation so those shocks do not become permanent.
FinanceColombiaEl País (Cali)Oct 27AI
CDTs in Colombia: yields above 13% with inflation at 6.29%
Anyone opening a CDT in Colombia today can get rates above 13%, while inflation stands at 6.29%, implying a real return of more than 6%. Omar Casas, general manager of MejorCDT, told La FM that the country is in a high-rate moment and it is unclear how long it will last, though rates will not stay high "forever." He also recommended verifying that the institution is supervised by the Financial Superintendency, covered by Fogafín and rated A or higher.
FinanceColombiaLa FMOct 27AI
Colombia's central bank decides on Friday whether to raise the interest rate, currently at 12.25%
The board of Colombia's Banco de la República meets this Friday, October 30, to decide on the interest rate, which stands at 12.25%. According to the ANIF survey, 13 of the 19 analysts consulted expect a 25 basis point increase, which would leave the rate at 12.50%, while six expect it to stay unchanged. The decision comes with inflation above 6.3%, far from the 3% target.
FinanceColombiaVanguardiaOct 27AI
Airline tickets in Colombia rise 18.29% and outpace inflation
Airline tickets in Colombia cost 18.29% more than in September 2025, according to price behavior figures. Between August and September 2026 they rose 12.25%, and the cumulative increase in the first nine months of the year reached 11.44%, against general inflation of 5.74% in the same period. The increase affects those traveling for work, family or tourism and forces budgets to be adjusted.
FinanceColombiaDiario del SurOct 27AI
Foreign Minister Ómar Bula calls new passport contract with Thomas Greg and Sons a "temporary solution"
Foreign Minister Ómar Bula referred to the signing of a new contract with Thomas Greg and Sons for issuing passports in Colombia and described it as a 15-month "temporary solution" to guarantee the service. According to the official, the proposal keeps the same prices as previous terms, with no adjustments for inflation or exchange rate. The Unión Temporal Documentos de Viaje 2027, made up of Thomas Greg and Sons de Colombia S.A. and Thales Colombia S.A., submitted the proposal.
FinanceColombiaCaracol RadioOct 27AI
Ferrovial posts 848 million operating profit through September, down 12%
Ferrovial reported an operating profit of 848 million euros through September, down 12%, according to a statement. Revenue reached 7,402 million, up 10.8% year on year on a comparable basis, and adjusted EBITDA rose 21.8% to 1,210 million. The construction backlog hit a record 18,994 million, with North America as its main market. CEO Ignacio Madridejos highlighted the momentum of the Highways and Construction divisions and the express lane projects in Tennessee and Georgia.
FinanceInternationalExpansiónOct 27AI
Ferrovial lifts sales 7.1% through September and raises EBITDA 17.4%
Ferrovial posted revenue of 7.402 billion euros through the third quarter, up 7.1%, driven by highways (11%) and construction (7.6%), it reported to the CNMV. Adjusted EBITDA reached 1.210 billion euros, up 17.4%. The company won the I-24 in Tennessee and the I-285 in Georgia for a total of 60 billion and is exploring new roads in the United States. It also announced a dividend of 600 million in cash or new shares from December 10.
FinanceInternationalCinco DíasOct 27AI
AI wave will "sink some boats," warns Citadel's Pablo Salame
Pablo Salame, co-chief investment officer of Citadel, said the enormous capital demand behind the AI revolution clashes with lenders unwilling to take on that risk, forcing a reconciliation between investors and creditors. "The rising tide of AI will sink some boats," he said. Citadel manages US$77 billion in assets. Salame said the credit market "hasn't finished readjusting" and that 30-year credit spreads seem "a bit fanciful."
FinanceInternationalBloomberg LíneaOct 27AI