Stock futures fall as Democrats gain momentum in elections
US stock futures fell as Democrats gained momentum in the elections. S&P 500 index contracts dropped 0.8% at 20:19 in New York, and Nasdaq 100 futures lost 2%.
Read the flashLa RepúblicaWhat just happened, in one line and with a link to the source.
US stock futures fell as Democrats gained momentum in the elections. S&P 500 index contracts dropped 0.8% at 20:19 in New York, and Nasdaq 100 futures lost 2%.
Read the flashLa RepúblicaA study warns that only 7% of credit for agricultural transformation in Colombia goes to investment. About 72% of these resources ends up financing product purchases, while around 80% is concentrated in working capital.
Read the flashValora AnalitikBancóldex has been authorized to issue up to COP 5 trillion in bonds with the aim of boosting business growth. Since 2017, the bank has issued COP 2.1 trillion in the Colombian capital market, in thematic bonds such as green, social and orange bonds.
Read the flashValora AnalitikLatam Airlines Group reported revenues of US$4.567 billion in the third quarter of the year. In that period the company posted a net profit of US$441 million, 16.3% more than in the same quarter a year earlier, according to La República.
Read the flashLa RepúblicaGeoPark reported a 119.4% increase in profit between January and September 2026. In the first nine months of the year it accumulated a profit of US$40.8 million, with average production of 27,500 boepd. The company also highlighted its entry into Venezuela.
Read the flashValora AnalitikVice President José Manuel Restrepo announced that Madrid will host Milagro Week in 2027, an event through which Colombia seeks to attract European investment. The announcement came after he met with more than 400 businesspeople in Spain.
Read the flashPortafolioCarlos de Hart requested that his name be withdrawn from the election for the presidency of the Andi. According to the quoted remarks, taking on that responsibility would entail a significant opportunity cost due to the time and attention "I would have to take away from my business activity."
Read the flashLa RepúblicaCarlos de Hartt withdrew his candidacy for the presidency of Andi. After his resignation, Luz Stella Murgas and Juan Camilo Nariño remain as candidates for the post, according to Portafolio.
Read the flashPortafolioGeopark reported revenue of US$116 million in the third quarter, a 19% decline. Capital investments totaled US$72 million, one of the highest quarterly investment levels in recent years, according to La República.
Read the flashLa RepúblicaBusinessman Carlos Andrés de Hart withdrew from the race for the ANDI presidency and questioned the selection process. He said he had no contact with the Board of Directors as part of that process. He also warned about the need to protect the independence of the business association.
Read the flashValora AnalitikFenalco proposed adjustments to the Rescue Law, which will begin to be debated in Congress. Among the guild's concerns is the increase of VAT to 19% for hybrid and electric vehicles.
Read the flashLa RepúblicaThe Government filed an urgency motion to advance the Economic Rescue Law. The request sets a 30-day deadline for the corresponding chamber to decide on the bill, according to La República.
Read the flashLa RepúblicaPresident De la Espriella sent an urgency message to prioritize debate on the Rescue Law. According to the president, the bill seeks to correct the imbalance in public finances and proposes measures to increase the country's revenue.
Read the flashValora AnalitikThe Junta de Extremadura is finalizing 8.89 million euros in energy-saving aid for SMEs and companies, split into two subsidy lines: 5.70 million for industry and 3.19 million for commerce and services. The aid is planned for 2027 and has no defined deadline yet.
Read the flashmerca2.esCanva announced changes affecting 1,271 people, 22 percent of its staff, according to co-founder and CEO Melanie Perkins. Some workers will have different roles, be asked to relocate or be laid off.
Read the flashThe VergeWall Street closed mixed. The Dow Jones lost 0.38%, pressured by Apple's decline after the company warned about its outlook and by higher costs. Nvidia, by contrast, rose 2.2% and, along with other tech stocks, lifted the S&P 500 and the Nasdaq. AMD gained 3.65% and Broadcom also advanced. Microsoft, Amazon and Meta moved during the session.
Read the flashbusinessinsider.esACI Worldwide, which operates Bre-B, and Circle will show in Colombia how financial institutions can settle in USDC, according to Portafolio. The country will be the first in Latin America to test 'stablecoins' within the financial system.
Read the flashPortafolioThe European Commission approved with conditions JD.com's 2.2 billion euro acquisition of Ceconomy, MediaMarkt's parent company. Brussels thus clears the last hurdle for the deal, which is set to close before November 12, according to the report.
Read the flashmerca2.esThe De la Espriella government announced a new cut that will apply to public entities in December. According to the disclosed criteria, officials responsible for budget execution must ensure that every expense has a purpose.
Read the flashValora AnalitikFenalco proposed a fiscal austerity pact covering the entire State. The business association warned that Colombia faces "the most serious fiscal crisis in its history," according to Portafolio.
Read the flashPortafolioAdvanced Micro Devices (AMD) reported better-than-expected third-quarter results and issued strong guidance for the rest of the year, according to Barron's. The company's shares rose after the announcement.
Read the flashBarron'sDavivienda filed an opposition against the trademark of the fintech Plata Colombia, which now has 30 business days to defend its identity. According to the outlet, the fintech has held authorization from the Financial Superintendence since July but has not yet consolidated its identity.
Read the flashPortafolioA government bill would raise the VAT on fuel from 5% to 19% on the producer price, according to Portafolio. The initiative, presented as an energy rescue law, also includes a carbon tax and other effects on the energy sector.
Read the flashPortafolioThe debate on the 2026 budget addition bill was suspended. The suspension comes after Finance Minister Miguel Gómez presented two proposals to modify the 2026 fiscal policy, according to Valora Analitik.
Read the flashValora Analitik