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Colombia

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  • BOGOTA, Dec 10- Bidding to build a long-awaited $6.9 billion subway system in Bogota, Colombia's capital city, will open in the second half of 2015, the mayor said on Wednesday, adding that the project has garnered interest from foreign companies. Now the city has plans to open a first 32 km line serving 27 stations by 2020, mayor Gustavo Petro- considered the...

  • *Good news for robusta growers such as Vietnam, Indonesia. MUMBAI/ SEOUL, Dec 4- Mumbai civil servant Sachin Kenjale regularly ends his day with a steaming cup of instant coffee after trying the drink for the first time with friends around two years ago. Reaching that milestone would underscore a major market shift, with robusta's popularity soaring as increasing...

  • WASHINGTON, Dec 2- Colombia's government rewarded children who showed up for school in Bogota with cash payments for their families, an attempt to reduce high school drop-out rates and encourage university attendance. But the program was less effective until the government made a tweak: some families would receive smaller regular sums and get a bigger payout...

  • Global air ticket fraud sweep nets 118 arrests Friday, 28 Nov 2014 | 8:05 AM ET

    AMSTERDAM, Nov 28- More than 100 people were arrested worldwide this week after an investigation spanning 45 countries into the use of stolen credit cards to buy plane tickets, European police agency Europol said on Friday. The probe, run from Europol's headquarters in The Hague as well as from Singapore and Bogota, Colombia, was aimed at curbing a type of crime...

  • BUSINESS-NEWS-SCHEDULE AT 2000 GMT / 3:00 p.m. ET Thursday, 27 Nov 2014 | 3:00 PM ET

    Oil prices plunge after OPEC decides against output cut. CALGARY- Brent crude oil plunged as much as $6.50 a barrel, and U.S. crude dropped by nearly as much, posting their steepest one-day falls since 2011, after OPEC decided against cutting output despite a huge oversupply in world markets. BOGOTA- Hundreds of thousands of people displaced from their land...

  • 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

    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.

  • Hints of Competitiveness in Recession-Hit Spain Tuesday, 15 Jan 2013 | 7:14 AM ET
    Demonstrators take part in a protest against government's health cuts and privatisation plans in Madrid on December 16, 2012.

    Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.

  • Venezuela's Sick Chavez Misses Own Inauguration Bash Thursday, 10 Jan 2013 | 11:50 AM ET
    Venezuelan President Hugo Chavez

    Venezuelan President Hugo Chavez stayed on his sickbed in Cuba on Thursday while supporters rallied on the day he should have been sworn in for a new six-year term.

  • Zumba: Shaking Up the Fitness World   Tuesday, 4 Dec 2012 | 11:50 AM ET
    Zumba: Shaking Up the Fitness World

    Alberto Perlman, CEO of Zumba Fitness, discusses how he was able to monetize the worldwide Zumba craze and turn the movement into a multifaceted brand.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 230 PM ET Friday, 2 Nov 2012 | 6:33 PM ET

    WASHINGTON- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid ( USA- ECONOMY/JOBS, moved, 900 words).