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Gold is trading near $4,000 an ounce after a sharp decline, in a week of market turbulence. The metal hit a three-month low amid volatility in the commodities market, where oil posted a rebound.
Read the flashLa RepúblicaThe Representative Market Rate for the day in Colombia is COP 3,185.01, according to the information published at the close of the week on the dollar's quotation.
Read the flashPortafolioEl Niño has unleashed storms in Chile and threatens copper output and crops, according to La República. The prospect of even more extreme weather adds another risk for two of the country's main exporting industries.
Read the flashLa RepúblicaA study by the Centro Javeriano de Competitividad (CJC) found that in Colombia, workers with higher incomes and those with higher education are more exposed to automation through artificial intelligence. The report, titled Inteligencia Artificial y […], identified significant differences by salary level, academic training, gender and economic activity.
Read the flashEnter.coThe Bogotá Metro reached 83.7% overall progress after the arrival of train 22 in Cartagena, according to the city's mayor. The mayor said the train will soon begin its transfer to the capital.
Read the flashPortafolioCitigroup gathered analysts in Mexico ahead of Banamex's stock market listing. On Monday, Banamex sold US$900 million in loss-absorbing bank bonds, following the US$1.3 billion issued earlier this year.
Read the flashLa RepúblicaGrupo Nutresa signed a purchase agreement to acquire Presto and its productive economic unit, which includes points of sale, a plant and production centers. With this deal, the company completes five food brand acquisitions during the Gilinski era.
Read the flashLa RepúblicaArc, the web browser that organizes tabs in a sidebar and separates activities into custom spaces, will stop working. The Browser Company confirmed its shutdown and will focus development on Dia, created by the same team. Those still using it will have to save or transfer their information before the shutdown date.
Read the flashEnter.coGold fell 3.5% for the week and reached three-month lows in a session marked by gains in oil. Brent hit its highest level in more than five months, reviving inflation fears and pressuring interest rates.
Read the flashPortafolioOil rose to US$114 in premarket trading amid tensions, in a session also marked by France's fiscal crisis and a selloff in the technology sector. Investors shed French assets and sought refuge in German Bunds and US Treasuries.
Read the flashValora AnalitikBrent crude closed on Thursday at its highest level since May 4 and is on track to end the week higher, which would mark three consecutive weeks of gains, according to La República.
Read the flashLa RepúblicaThe acquisition of Presto would allow Grupo Nutresa to bring together 448 burger restaurants and add revenue of COP 899,833 million, according to La República. The deal would strengthen its competition against McDonald's in that market.
Read the flashLa RepúblicaThe increase in Colombia's minimum wage could have a substantial impact on next year's inflation, according to the report. The De la Espriella government confirmed when discussions on the minimum wage increase are expected to begin.
Read the flashValora AnalitikJosé Antonio Franco, manager of Bioenergy, discussed the company's investment plan to expand its capacity in energy and alcohol production in an interview with Valora Analitik. The company's bet focuses on alcohol production, sugarcane and electricity generation.
Read the flashValora AnalitikA new forecast examines whether the dollar in Colombia will spike for the rest of the year. According to the published information, the currency has been closer to 3,100 pesos than to 3,400 pesos in recent weeks.
Read the flashValora AnalitikOpenAI lowered its valuation expectations for its new funding round to $1.25 trillion, according to businessinsider.es. The company had aimed to exceed $1.4 trillion, but investor enthusiasm appears to have moderated. The outlet notes that Anthropic's upcoming IPO and recent tech turmoil could shape the future of valuations in the sector.
Read the flashbusinessinsider.esBanco Santander unveiled on Tuesday, October 21, the nine winners of its Santander X Spain Awards 2026, a new generation of entrepreneurial projects. The winners share 75,000 euros in prizes and will compete internationally at the Santander X Global Award against projects selected in seven other countries.
Read the flashemprendedores.esSpain's CNMC authorised ten merger operations in September, nine of them in the first phase and without conditions, according to the regulator's official register. The register confirms the weight of commercial real estate and foreign capital in these deals.
Read the flashmerca2.esThe Ibex is seeking to stop its slide around 19,000 points on a day with a lighter corporate earnings calendar, both in Spain —with no index companies among the reports— and globally. Investors appear to be granting tech stocks a truce a day after a fresh selloff, with debt and oil in focus.
Read the flashexpansion.comCarlos Felipe Caicedo, general manager of Nissan Colombia, discussed the impact of electrified vehicles on the domestic market and presented the company's forecast: hybrids and EVs could account for up to 50% of Nissan's sales by the end of 2026.
Read the flashLa RepúblicaA United States program is looking for 250 entrepreneurs to receive training. Annika Betancourt, spokesperson for the U.S. embassy in Colombia, said the ylia initiative seeks to connect entrepreneurs with the U.S. digital ecosystem.
Read the flashLa RepúblicaSmall businesses contribute COP 342 billion to family compensation funds, according to the published information. The 42 entities in the compensation system receive contributions from 866,000 productive units and finance housing, health and welfare programs for their members.
Read the flashLa RepúblicaThe fiscal deficit widened to 4.6% of GDP by August and has already surpassed the full 2023 figure, La República reported. The Autonomous Committee on the Fiscal Rule (Carf) projects the deficit will close at 7.8% of GDP, above the 7.2% forecast by Abelardo de la Espriella's government.
Read the flashLa RepúblicaA Banco de Occidente simulator presented scenarios, under the current rate market, for buying housing from $300 million with payment terms of up to 20 years. The exercise outlines the monthly income required to acquire homes worth $300, $500 and $1,000 million.
Read the flashLa República
