Finance

Senate approves Macarena Lobos and Juan Esteban Laval as new CMF commissioners
The Senate approved the appointments proposed by the Executive for Chile's Financial Market Commission (CMF): Macarena Lobos and Juan Esteban Laval, who will replace Bernardita Piedrabuena and Augusto Iglesias. The vote was 31 in favor, 11 against and three abstentions. Before the vote, both lawyers appeared before the Senate Finance Committee. Laval listed financial system stability, broader access to credit and greater competition as priorities.
FinanceInternationalDiario FinancieroOct 20AI
UBS sees real assets as attractive for 2027: property, infrastructure and commodities
UBS says in a report that it likes real assets for 2027 and highlights three categories: real estate, infrastructure such as power grids, telecommunications and digital infrastructure, and commodities. The Swiss bank argues these assets can diversify a portfolio and strengthen its resilience, including preserving purchasing power in high-inflation scenarios. It links its call to AI-driven demand for data centres and electricity, lower real estate development activity and gold's role amid fiscal and geopolitical uncertainty.
FinanceInternationalExpansiónOct 20AI
Caldas bets on the longevity economy with its first Intergenerational Networking Round
On Wednesday, October 28, the first Intergenerational Networking Round of Caldas will take place in Anserma under the motto "Experience does business with the future." The event is organized by the Government of Caldas, through its Secretariat of Integration and Social Development, in partnership with Incubar and Silver Partners. The goal is to position the longevity economy and recognize older people as economically active subjects. It will include showcasing senior-led ventures and B2B business matchmaking.
FinanceColombiaLa PatriaOct 20AI
Davivienda projects 6.9% inflation at end of 2026 and 2.5% growth
Davivienda projects that inflation in Colombia will close 2026 near 6.9% and at 5.1% in 2027, according to Germán Cristancho, the bank's director of Economic and Financial Market Research. Cristancho warned that inflation will likely keep rising in the coming months due to the 'El Niño' phenomenon, which would extend until March and hit energy tariffs and agricultural output. The bank also estimates economic growth of 2.5% in 2026 and 2.3% in 2027, with a slowdown driven by the effect of high interest rates on household spending.
FinanceColombiaZona CeroOct 20AI
Study estimates InDrive activity contributes COP 7.45 trillion to Colombia's economy
An Ipsos economic and social impact study estimates that activity linked to the InDrive platform contributed COP 7.45 trillion to Colombia's economy during 2025, equivalent to 0.4% of GDP, and links it to 51,900 indirect jobs. The report says 75% of surveyed drivers state this activity is their main or only source of income, and that 66.5% of drivers and 58.7% of users agree with regulating platforms in the country.
FinanceColombiaELHERALDO.COOct 20AI
Citi warns over inflation in Colombia and sees slower growth in 2027
Citi projects Colombia's economy will grow 1.8% in 2027, down from 2.3% in 2026, due to the fiscal adjustment needed to reduce the deficit. Its chief economist for Latin America, Ernesto Revilla, said inflation will close 2026 at 6.5% and fall to 4.7% in 2027, still above the Banco de la República's 3% target. The policy rate would end 2026 at 12.5% and 2027 at 11%.
FinanceColombiaRevista SemanaOct 20AI
India, world's third-largest solar generator, curtailed 4.2% of its output in July and August
India, the world's third-largest solar generator, curtailed about 4.2% of its photovoltaic output during July and August, despite a period of record electricity demand. The country reached 168 GW of solar and raised its photovoltaic generation 39% year on year in the second quarter of fiscal 2026-27. Grid constraints and low operating BESS capacity caused curtailments of 1,462 million units in those two months, even with record peak demand of 270 GW.
FinanceInternationalEnergía EstratégicaOct 20AI
UK unemployment falls to 4.7% in the June-August quarter
Unemployment in the United Kingdom unexpectedly fell to 4.7% in the three-month period ending in late August, according to data released by the Office for National Statistics (ONS). It is the lowest rate since the three-month period ending in late July 2025. Analysts had expected unemployment to remain at 4.9%. The agency also reported a rise in youth unemployment.
FinanceInternationalRFIOct 20AI
UK unemployment fell to 4.7% in the June-August quarter
Unemployment in the United Kingdom unexpectedly fell to 4.7% in the three-month period ending in late August, according to official data released on Tuesday. Youth unemployment remains a concern, according to the report.
FinanceInternationalSWI swissinfo.chOct 20AI
IMF projects Brazil will return to the world's top 10 largest economies in 2027
The IMF projects that Brazil will return to the top 10 of the world's largest economies by 2027, overtaking Italy and Russia, driven by agricultural exports and technological improvements, according to the WEO report. The United States and China lead the ranking of major powers. The institution cut its forecasts for Brazil: in July it projected 2.4% growth for this year and 2.2% for 2027, and the October edition lowered the estimates.
FinanceInternationalAmbitoOct 20AI
Euribor rises to 3.245%, closing in on 3.3%
The Euribor stood at 3.245% on Tuesday, October 20, 2026, 0.012 points above the previous session's level, according to Expansión. The index, which sets the interest rate at which European banks lend to each other, is moving toward 3.3%.
FinanceInternationalExpansiónOct 20AI
Repsol prepares to launch a share buyback of up to 1 billion euros
Repsol will propose a share buyback of between 500 and 1,000 million euros after posting better-than-expected summer results. Its shares rise nearly 1%, driven by gains in Brent and WTI crude oil and by expectations that the company will soon announce improvements in shareholder remuneration following the summer results.
FinanceInternationalXTB.comOct 20AI
F.N.B. reports $152.9 million net income for the third quarter of 2026
F.N.B. reported net income of $152.9 million in the third quarter of 2026, or $0.43 per diluted common share, compared with $149.5 million ($0.41) in the same quarter of 2025. The quarter posted record net interest income of $376.5 million and widened its net interest margin.
FinanceInternationalTradingViewOct 20AI
CNN warns France is nearing a fiscal crisis and compares it with the US situation
According to CNN en Español, France is nearing a fiscal crisis because it has spent more than it can repay, and faces a political and economic reckoning. The outlet says the situation is dangerously familiar to Americans and asks whether the United States will follow.
FinanceInternationalCNN en EspañolOct 20AI
Revolut hit by outage linked to Google Cloud failure affecting payments, transfers and app
Revolut suffered an outage from early morning that affects card payments, transfers and access to its app, according to Finect. The source of the problem is outside the neobank: a failure at Google Cloud. The report includes guidance for customers on what to do if they cannot use their account and how to file a claim.
FinanceInternationalFinectOct 20AI
General Motors Argentina previewed the three SUVs it will import tariff-free under the US deal
General Motors Argentina presented, at an international event in New Jersey, the three SUV models it will import into the country once the trade agreement between Argentina and the United States takes effect. The vehicles will enter within the quota of 10,000 units exempt from import tariffs.
FinanceInternationalInfobaeOct 20AI
Dollar rises sharply in Cuba's informal market while the euro loses ground
Cuba's informal currency market saw opposite moves on Tuesday between the two most sought-after foreign currencies: the dollar keeps climbing, while the euro falls and breaks the upward trend of previous days, according to outlet Directorio Cubano, which publishes rates for the USD, EUR, MLC and other references in that market.
FinanceInternationalDirectorio CubanoOct 20AI
Euribor rises again and keeps its path toward 3.3%
The euribor, the benchmark to which most variable-rate mortgages are linked, posted a new rise in its intraday rate and keeps its path toward 3.3%. The increase adds to the one seen the previous session and reaches 0.012 points.
FinanceInternationalTradingViewOct 20AI
France's risk premium widens to 153 basis points on doubts over its economy and unrest
France's risk premium, measured as the spread between the yield on its ten-year bonds and that of the German 'bund', continued to widen on Tuesday, reaching 153 basis points. According to the outlet, markets are looking warily at the country due to concerns about the sustainability of its public finances and the climate of tension in the streets of its main cities.
FinanceInternationalExpansiónOct 20AI
Revolut hit by outage leaving customers unable to make payments, transfers or access accounts
The digital bank Revolut suffered an outage that prevented customers from accessing their accounts. The company acknowledges on its official page that 31 of its services are partially unavailable in Spain, including card payments and transfers. The firm attributes the problems to a server failure and says customer funds and data remain safe.
FinanceInternationalEL PAÍSOct 20AI