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Colombia economy grows most in 115 years as consumption booms

  Bloomberg Colombia’s economy blew away forecasts as it grew at the fastest pace in more than a century last year, driven by a rebound in consumer demand after pandemic curbs were eased, and soaring prices for the nation’s oil, coal and coffee. Gross domestic product (GDP) expanded 10.6% in 2021, the nation’s statistics agency said Tuesday. That’s the fastest ...

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Meta closes $1 billion Kustomer deal

  Bloomberg Meta Platforms Inc. was finally allowed to complete its acquisition of Kustomer, a customer service software company, after more than a year of antitrust scrutiny. Meta, which owns Facebook, announced that the deal “complied with all regulatory requirements” in a blog update. Meta first announced the acquisition, valued at more than $1 billion, in November 2020, but the ...

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US sea levels to rise at a faster pace than in past 100 years

  Bloomberg Oceans along the US coastline will rise faster within the next three decades than they did in the past 100 years, bringing more flooding to coastal cities such as New York and Miami, according to the latest projections. Sea levels are expected to rise as much as 12 inches by 2050, according to a report led by the ...

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