What just happened, in one line and with a link to the source.
The dollar price in Colombia trades this October 16 after losing nearly $20, as reported by Portafolio. The day's Representative Market Rate is $3,170.46.
Read the flashPortafolioAn Austrian investor is moving quickly to boost copper production at an old Chilean mine located about 290 kilometers from Santiago, in the Coquimbo region, near other small and medium-sized mining firms in the area.
Read the flashLa RepúblicaMac Center announced that the iPhone Duo, Apple's first foldable phone, opens pre-orders today in Colombia. The device will be available from $9,199,000 in its 256 GB version, according to information published by Portafolio.
Read the flashPortafolioEcopetrol ranked first in trading volume at the close of the session, with $59.533 million moved, according to Valora Analitik.
Read the flashValora AnalitikInternational oil prices were heading toward closing the week with gains, according to Valora Analitik's premarket review. The report gathers the key points on global stocks and Wall Street futures for the October 16, 2026 open.
Read the flashValora AnalitikAccording to Bloomberg, in December 2018 one of sports mogul Mark Walter's insurance companies sent $40 million to an undisclosed borrower under what was on paper a six-month loan. Rather than collecting payment, the transaction allegedly worked as a "rolling" mechanism that allowed Walter's insurers to skirt capital rules.
Read the flashBloombergNigel Chalk, director of the IMF's Western Hemisphere Department, warned that Colombia's primary deficit equals 3.5% of Gross Domestic Product and that this level is very high and no longer sustainable.
Read the flashLa RepúblicaBogotá-Region attracted 56 foreign investment projects worth US$456 million in 2026, according to Valora Analitik. Geographic diversification continues to be a feature of the investment the region receives.
Read the flashValora AnalitikChina plans to restrict exports of artificial intelligence in order to exert control over key technologies, according to La República. The outlet also notes that this summer Chinese AI startups made significant progress in narrowing the gap with industry leaders in the United States.
Read the flashLa RepúblicaKFC will replace Pepsi with Coca-Cola at nearly 3,700 US restaurants, ending a beverage partnership of almost four decades. The new deal, announced by KFC and Coca-Cola, will begin in 2027, according to USA Today.
Read the flashUSA TodayOil prices fall amid changes in supply, though they accumulate gains for the week. Supply concerns increased as attacks around the Strait of Hormuz intensified over the last 10 days.
Read the flashLa RepúblicaOil prices topped US$110 for the first time since May, driven by supply risk. Brent rose 3.9% after lawmakers introduced a bill on Friday to block Trump's deal with Moscow.
Read the flashLa RepúblicaCalixto Ortega, Venezuela's sectoral vice president for the Economy, told Reuters that Centerview remains the financial advisor and that they are "very satisfied" with the U.S. firm.
Read the flashLa RepúblicaAn IMF report warns that unemployment in Colombia could return to double digits. The warning comes after unemployment rose again, according to recent DANE data.
Read the flashValora AnalitikThe IMF warned that Colombia's debt and fiscal deficit situation is "not sustainable or viable," according to Portafolio. The body also said the De La Espriella government is committed to addressing the country's fiscal situation.
Read the flashPortafolioAir-e will exceed the $4 trillion debt ceiling with companies in the electric sector. According to calculations of the average debt, it has surged by about $150 billion monthly over the past two years.
Read the flashValora AnalitikAccording to MarketWatch, many of the stocks with the best performance so far in 2026 fell this week, while the year's biggest losers also changed course. The outlet notes that the week's stock market activity reflected that shift across both groups of shares.
Read the flashMarketWatchAn independent researcher who previously worked at OpenAI published a report arguing that understanding how AI models think may be simpler than believed. According to the report, the work drew interest in the sector and would offer researchers new tools to help ensure models do not act out of control.
Read the flashBusiness InsiderNike announced earlier this month its expansion into India, a long-term bet on that market. The company, which is seeking to revive its business and regain momentum under CEO Elliott, is facing difficulties, especially in the Chinese market, according to CNBC.
Read the flashCNBCThe Banco de la República has called for restraint regarding the increase in Colombia's minimum wage. Discussions on the raise are expected to formally begin in November.
Read the flashValora AnalitikAn NPR investigation found evidence of widespread fraud at skincare kiosks in U.S. shopping malls linked to the Israeli brand Mazal Brands. According to the report, carried by The Forward, these outlets, staffed by Israeli salespeople, allegedly charged some customers thousands of dollars without their knowledge.
Read the flashForwardA Colombian venture is bringing artificial intelligence into truck cabins with smart sensors that help carriers control fuel use and reduce losses in their operations. The proposal aims to cut road accidents by up to 70%.
Read the flashPortafolioAmazon said it could close more than a dozen warehouses and move thousands of workers out of New York City over a labor bill pushed by Mayor Zohran Mamdani. The company directly or indirectly employs about 12,000 hourly workers in the city, more than twice as many as before. Industry experts say parallels between Quebec and New York cannot be ignored.
Read the flashNew York PostChina is preparing a draft policy to restrict foreign investors' acquisition of critical biopharma platforms, according to Fierce Biotech. The move comes as Washington steps up efforts to tighten cross-border life sciences deals involving Chinese assets. Beijing is seeking to strengthen its grip on biomedical innovation.
Read the flashFierceBiotech
