The Corner1d
Air Europa in contact with Air France-KLM for possible partial buyout, IAG retains 20% minority stake
Air Europa, Spain's third largest airline, is in talks to sell a 20% stake to Air France-KLM and establish a commercial ...
The Corner1d
The Government authorizes Saudi STC to purchase 9.9% of Telefónica
The Council of Ministers has authorized Saudi Telecom (STC) to increase its stake in Telefónica from the current 4.9% to 9.97 ...
The Corner1d
The PSOE of Sánchez: another Bulgarian-style congress while judges investigate his wife, his brother, his former number two, the Attorney General…
A total of 29 magistrates—11 of them from the Supreme Court—have so far supported the four criminal proceedings that will be ...
The Corner1d
Applus, delisted from stock exchange as of today following Amber’s takeover bid
Link Securities | The Governing Bodies of the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges announced that, in ...
The Corner2d
Online sales as long shopping weekend after ‘Thanksgiving’ starts increase 4% vs. 2% in 2023
Bankinter | Online sales at the start of the long shopping weekend that begins with ‘Thanksgiving’ increase 4% vs. 2% in 2023 ...
The Corner2d
US business activity expands in November at fastest pace in two and a half years: PMI reaches 55.3 points
Norbolsa | Business activity expanded in November at the fastest pace in over two and a half years when the preliminary PMI reading reached 55.3 (54.3 estimated against 54.1 previously) driven by ...
The Corner2d
Iberdrola, among 12 bidders shortlisted by French government to develop offshore wind farms
Link Securities | The French government has prequalified 12 bidders to develop new offshore wind farms off the coast of France through the AO9 tender for up to 2.9 gigawatts (GW) to install offshore ...
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Iberdrola launches €460-million green bond issue in Australia – first ever by a Spanish non-financial company
Alphavalue / Divacons | The Spanish utility yesterday completed a A$750 million (approximately €460 million) green bond issue to finance its renewable development in Australia. According to the ...
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More than 93% of OHLA debt bondholders support recapitalisation plan
Alphavalue / Divacons | The construction company received the backing of more than 93% of its debt bondholders to implement the group’s recapitalisation plan, which aims to improve its financial ...
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Eurozone hourly labour costs grow 4.6% year-on-year in 3Q24 against 5% in 2Q24
Link Securities | Eurostat published yesterday that hourly labour costs in the Eurozone rose by 4.6% year-on-year in 3Q2024, slightly less than the 5.0% (upwardly revised rate) in 2Q2024. Wages and ...
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Purchase of Acciona’s hydro assets enables Endesa to increase market share in renewable generation
Renta 4 | The company has reached an agreement to acquire Acciona’s hydro assets in Spain. The deal consists of 656 MW of 34 plants generating 1.3 TWh in 2023, for which Endesa has agreed to pay ...
The Corner2d
Decline in wind and nuclear energy generation drives electricity prices in Spain above €100/MWh, 50% higher than last month
The daily price of the Spanish wholesale market (POOL) as of November 17 stands at €104.03/MWh. This is 51.78% higher than last month (€68.54/MWh) and 64% higher than a year ago (€63.45/MWh).