News

The Corner16h
Eurozone construction output falls by 1.1% year-on-year in March compared to -0.6% in February
Link Securities | Eurostat reported that Eurozone construction output, in seasonally adjusted data, rose 0.1% in March from ...
The Corner17h
Telefónica sells all shares in Telefónica Móviles del Uruguay to Millicom for €389 million
On Wednesday Telefónica Hispanoamérica, S.A., a wholly owned subsidiary of Telefónica (TEF), reached an agreement for the ...
The Corner1d
Spanish Social Security system gains 229,742 employed persons up to middle of May, closing in on 21.8 million mark
Social Security enrolment has increased by 229,742 employed persons in the first half of May, to 21,783,878 contributors in ...
The Corner1d
Puig Brands claims 31% loss of value since IPO due to evolution of sector, not business operations
Marc Puig, president and CEO of Puig Brands, attributed the 31% loss of its share price since its IPO on 3 May 2024 to market ...
The Corner1d
The Bank of Spain no longer sees any problem with the Spanish pension system
Significant shift – highlighted by several Spanish media outlets – in the view that the Bank of Spain has held until now ...
The Corner2d
Moody’s confirms Germany’s rating at Aaa, with stable outlook, but stagnant economy still expected for 2025
Bankinter | Moody’s confirms its rating at Aaa, with a stable outlook. It views the defence and infrastructure investment plan positively and revises its growth forecasts upwards by 0.5 p.p. to 1.4% ...
The Corner2d
Several OPEC members considering production increase from June onwards
Bankinter | OPEC could accelerate production increase in June. According to press reports, several members are considering an increase in production. As a reference, OPEC will increase its production ...
The Corner2d
Sabadell considers merging with Abanca as alternative to BBVA takeover bid, merger backed by government, approved by ECB
Alphavalue / Divacons | The Catalan financial institution is in preliminary talks with Abanca as an alternative to the takeover bid launched by BBVA, in a deal that would have the approval of the ECB, ...
The Corner2d
Spain’s 100 Largest Family Business Groups Call for PSOE-PP State Pacts
The president of the Family Business Institute – and of the Estrella Galicia brewery – Ignacio Rivera, is calling for a state pact on energy on the same day that Pedro Sánchez and Alberto Núñez Feijóo ...
The Corner2d
US and China suspend most tariffs on each other’s products for 90 days
Link Securities | According to the Wall Street Journal, the United States and China announced that they had agreed to suspend most tariffs on each other’s products for a period of 90 days while trade ...
The Corner2d
China becomes Spain’s top supplier
In the first two months of the year, the Spanish trade deficit has soared to €9,612 million, of which €6,079 million correspond to the deficit with China. China has become Spain’s top supplier, ahead ...
The Corner2d
Santander sells 49% of Santander Polska to Erste Group Bank for €6.8 billion
Erste Group Bank AG (“Erste”) to acquire a c.49% stake in Santander Bank Polska S.A. (“Santander Polska”) and 50% of Santander’s Polish asset management business TFI for a total cash consideration of ...