What just happened, in one line and with a link to the source.
Yaoyao Liu, an oil derivatives trader who generated billions of dollars for Vitol Group over a career marked by highs and lows, is leaving the commodities trading giant, according to Bloomberg. Liu, 39, is stepping back from the firm.
Read the flashBloombergFlover Rodríguez, director of the Colombian Association of Energy Geologists and Geophysicists, said fracking would require an investment of between US$10 billion and more than US$15 billion. According to the industry leader, Colombia has a gas deficit of up to 35%.
Read the flashLa RepúblicaMaría Clara Hoyos, president of Asomicrofinanzas, said that lenders grant loans starting from one minimum wage or for amounts under $100,000. According to Hoyos, people exclude themselves from formal credit because they believe they will not be granted financing.
Read the flashLa RepúblicaBanks in Colombia have posted more than COP 11.4 trillion in profits as of August, according to La República. Bancolombia led earnings with COP 5.33 trillion, followed by Davivienda with COP 1.62 trillion and Banco de Bogotá with COP 820.452 billion.
Read the flashLa RepúblicaTesla's Roadster, a sports car that would begin production in 2028, will have three versions and its reservation can cost up to $800 million depending on the chosen model. One of the versions, capable of performing aerial maneuvers, will be available only by invitation, according to information published by La República.
Read the flashLa RepúblicaAccording to the Adam Smith Center for Economic Freedom, Colombia is the second country in the region with the most hours of paperwork to open a company. Peru leads the requirements to launch a business, while Brazil registers the lowest burden among the 16 countries analyzed.
Read the flashLa RepúblicaGabriela Durán, country manager of Buk Colombia, said that "an employee who is not happy at work is much less profitable with their actions," in remarks published by La República. Durán discussed the impact of human resources technology on the labor market.
Read the flashLa RepúblicaThe reservoirs that feed the System's power generation remain below 75% capacity despite October rains. Three quarters of those reservoirs are below the 80% level recommended by XM to face El Niño.
Read the flashLa RepúblicaEPM achieved carbon-neutral operation of its electricity businesses in 2025, according to the outlet La República. The company is advancing in mitigating greenhouse gas emissions through energy efficiency measures, self-generation, grid optimization and the incorporation of new technologies.
Read the flashLa RepúblicaForeign Direct Investment reached US$885 million in September and grew 44%, according to La República. With that figure, FDI has now gone 17 consecutive months without exceeding US$1 billion per month.
Read the flashLa RepúblicaCybersecurity researchers are warning about an active campaign in which unknown threat actors abuse a compromised Microsoft 365 credential belonging to ConnectWise Cloud Backup. With that credential they carried out unauthorized sign-ins across 173 Microsoft 365 tenants.
Read the flashInternetThe Government has put eight labor decrees under review with the aim of correcting sanctions and rules challenged in court. Citizens may submit comments until November 9, before the Ministry defines the changes, according to Portafolio.
Read the flashPortafolioNelson Alarcón, the new president of the CUT, said the union federation will defend the living wage in the minimum wage negotiations. He said they will seek an adjustment well above the inflation projected for the end of the year.
Read the flashLa RepúblicaFindeter issued ordinary bonds on the Colombian Stock Exchange for COP 300 billion aimed at regional projects. The issuance drew demand 1.9 times the amount offered.
Read the flashValora AnalitikNicolás Saade will take over as Gabrica's new general manager. Saade is an industrial engineer from Pontificia Universidad Javeriana and has more than 24 years of professional experience.
Read the flashValora AnalitikThe Government has plans to boost trade between Colombia and Venezuela, aiming to attract investment and create jobs. The agenda includes joint projects, new opportunities for companies and greater economic integration between the two countries.
Read the flashPortafolioColombia's financial system grew 3.9% through August, according to Portafolio, and keeps solid liquidity and solvency levels. Bank profits rose 37.34% year-on-year to $11.4 trillion.
Read the flashPortafolioMario Fernando Cruz Vargas will take over as the new director of the Financial Regulation Unit. Cruz is an economist from the Universidad Nacional de Colombia and holds an MBA and a master's degree in Finance from the Universidad de los Andes.
Read the flashLa RepúblicaThe Bogota-based chain Presto entered liquidation and its continuity depends on a possible sale, after breaching its reorganization agreement. The brand is thus seeking to avoid the closure of its stores, according to Portafolio.
Read the flashPortafolioA vessel measuring 285 meters in length and 43 meters in beam arrived in Buenaventura to enable natural gas imports and storage in Colombia. The ship will be operated by Exmar and will receive LNG every 30 days on average.
Read the flashValora AnalitikMejorCDT relaunched its application, which now has 700,000 users. According to the company, the new version cut the time needed to open a CDT by 50% compared with the previous version and is already available for download.
Read the flashLa RepúblicaBancolombia presents the documentary "No pasa hasta que pasa," which gathers real stories from the world of scams told in the voices of those involved and offers keys to prevent fraud.
Read the flashValora AnalitikDane reported that in August manufacturing production fell 3.7% and sales 3.5%, with 29 of 39 activities posting negative results. Against that backdrop, Andi called for more investment and confidence.
Read the flashLa RepúblicaFirst Lady Ana Lucía Pineda presented a report on her foundation's accounts, which details that it received more than $50 billion. The report includes the origin of the donations, administrative expenses and the resources allocated to reconstruction.
Read the flashPortafolio
