Business Colombia


  • LONDON, Sept 30- One of the world's most influential oil traders, Claude Dauphin, who founded Trafigura and turned it into one of the biggest commodities players in the world, died on Wednesday at the age of 64 after a battle with cancer, the company said. As Marc Rich's business suffered in the 1990 s because of wrong bets in the metals markets, many of his junior...

  • Colombia seeks to boost oil output, may cut taxes Monday, 28 Sep 2015 | 8:29 PM ET

    BOGOTA, Sept 28- Colombia plans to increase auctions of oil blocks to boost exploration and is considering a cut in taxes on oil companies as part of its strategy to increase crude output, a government official said on Monday. "What we are looking for is that the oil rounds are more dynamic and we want to adjust the agenda to hold them every six months or each year,"...

  • Still hard to differentiate Colombia: CEO Friday, 15 May 2015 | 1:45 AM ET
    Still hard to differentiate Colombia: CEO

    Juan Pablo Cordoba, CEO of Bolsa de Valores de Colombia, says Colombia is still finding it difficult to differentiate itself amongst a basket of Latin American and emerging market countries.

  • AT&T data breach revealed: 280K customers exposed Wednesday, 8 Apr 2015 | 1:19 PM ET
    A pedestrian passes an AT&T store in New York.

    The company agreed to pay $25 million to settle an FCC investigation into the customer data security lapses.

  • Forget Brazil. This emerging market is on the rise Thursday, 26 Mar 2015 | 1:21 PM ET
    Lima, Peru

    A fledgling Latin American trade block is larger economically than Brazil, and growing three or four times as fast.

  • Things that will happen if Venezuela implodes Wednesday, 25 Mar 2015 | 2:57 PM ET
    A bank note with the face of Venezuela's President Nicolas Maduro and the word "devaluated" at a market in Caracas.

    Venezuela is on the brink, and the country's debtholders, trade partners and neighbors are bracing for the fallout.

  • China's new playground: America's backyard Thursday, 29 Jan 2015 | 3:35 PM ET
    Venezuela's President Nicolas Maduro, right, walks with Chinese President Xi Jinping as they arrive to a welcoming ceremony at the Great Hall of the People on January 7, 2015 in Beijing, China.

    China is moving into the United States' backyard——but it's not clear if its Latin America investments are a negative for American interests.

  • When—and where—oil is too cheap to be profitable Monday, 12 Jan 2015 | 11:43 AM ET
    Oil Iraq OPEC

    Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.

  • Keep an eye on these emerging market cities Monday, 22 Dec 2014 | 12:00 PM ET
    Vehicle light trails pass the Kingdom Tower on King Fahad Road in Riyadh, Saudi Arabia.

    The fastest growth is not in megacities like Tokyo, but second-tier ones that many Americans have never heard of.

  • The world agrees: Governments are corrupt Monday, 22 Sep 2014 | 12:00 AM ET
    Money in suit pocket

    In a world riven by differences, there's still plenty of common ground when it comes to public attitudes about major institutions.

  • How the Corporate Perception Indicator was created Monday, 22 Sep 2014 | 12:00 AM ET
    Business corporations

    The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.

  • Colombian Securities Exchange chief on economy Thursday, 18 Sep 2014 | 3:15 AM ET
    Colombian Securities Exchange chief on economy

    Juan Pablo Cordoba, president of the Colombian Securities Exchange, says the country has had a "tremendous" growth story that is set to continue.

  • The oil spike that wasn't: Prices defy turmoil Thursday, 14 Aug 2014 | 7:47 AM ET
    Pump jacks and wells on the Monterey Shale formation in California

    The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?

  • Who would win a World Cup for energy savings? Friday, 20 Jun 2014 | 1:20 PM ET
    Enoh Eyong of Cameroon challenges Jose Juan Vazquez of Mexico in the first half during the 2014 FIFA World Cup Brazil Group A match between Mexico and Cameroon at Estadio das Dunas on June 13, 2014 in Natal, Brazil.

    Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.

  • 'Cash is still king' in Miami real estate Thursday, 12 Jun 2014 | 2:10 PM ET
    Aerial view of mansions in Coral Gables, Florida.

    The large number of Miami home buyers are from overseas, and a huge portion of them pay in cash, one realtor says.

  • Resolving drug issue will boost Colombia: Fin Min Monday, 5 May 2014 | 7:00 PM ET
    Resolving drug issue will boost Colombia: Fin Min

    Colombian Finance Minister Mauricio Cárdenas Santamaria says resolving the country's drugs issue will help the country post stronger growth.

  • Yes! We have no bananas? It could actually happen Monday, 21 Apr 2014 | 12:47 PM ET

    A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.

  • One country takes hard knocks on free trade Friday, 13 Sep 2013 | 12:05 PM ET
    A demonstration in Bogota supporting farmers

    Though consumers have access to more goods and merchandise, some groups, especially farmers, are struggling to survive amid a flood of cheap imports.

  • How Ugly, Polluting Buses Can Drive Future Cities Tuesday, 9 Jul 2013 | 4:23 PM ET
    View of the "TransMilenio" express bus system and private cars in Bogata, Colombia.

    Urban buses of the emerging world have a bad reputation for choking pollution, which they no longer deserve. In fact, they could be future cities' best hope.

  • Top Real Estate Guys Do Not Waver on Investing Monday, 29 Apr 2013 | 5:39 PM ET
    Sam Zell

    Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.