Spain Financial News

European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve's outsized interest rate cut, while shares of Mercedes were set for their worst day in 15 months after the automaker cut its core profit outlook. The pan-European STOXX 600 index fell 0.4% to 519.76 points as of 0805 GMT but was on track for a second straight week of gains.

Subscribe to enjoy similar stories. Stellantis and Volkswagen posted significant drops in August new-car registrations in the European Union, contributing to a sharp overall decline as demand weakened in key markets and electric-vehicle sales fell. Consumers in core markets of Germany, France, Italy and Spain drove an 18% on-year drop in the bloc’s monthly registrations, which reflect sales, the European Automobile Manufacturers’ Association said Thursday.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Germany could be contributing to Bitcoin’s recent decline, with the government revealing that it has started auctioning off approximately €2.5 billion of bitcoin which it seized at the start of the year from Movie2K, a defunct pirated films website. 

Subscribe to enjoy similar stories. Andrea Orcel made his name helping banks choose the moment to pounce on a rival. Last week, the CEO of Italy’s deal-hungry UniCredit made his own move on Germany’s Commerzbank.

Barcelona’s trophyless campaign last season was when it was spanked not once, but twice, by the formerly modest Girona. Girona dealt Barcelona a pair of stinging 4-2 defeats as the club partly owned by Manchester City’s Abu Dhabi ownership emerged as one of the surprise packages of European football. It finished the Spanish league in third place, just behind Barcelona in second, and classified for the Champions League for the first time. Those embarrassing losses to a fellow Catalan club played a part in the downfall of Xavi Her nández as Barcelona's coach.

Real Madrid will play Real Sociedad in La Liga game on Saturday afternoon. It's must-win game for Madrid if they want to keep a pressure on the league leaders Barcelona. Madrid have eight points from four matches. Sociedad have four points from four games so far. Real Madrid versus Real Sociedad La Liga games will be played in San Sebastian, Spain on Saturday, September 14. The kick is scheduled at 3 pm (ET). Viewers in the US can watch the La Liga soccer game between Real Madrid and Real Sociedad on ESPN+, ESPN App, Fubo which offers seven-day free trial.

Burger King and McDonald's. The nation most recognized for its tapas and authentic jamon iberico, Spain, has taken the title from the one that was previously associated with burger culture. A restaurant called Hundred Burgers in Valencia, Spain now holds the top spot in the World's Best Burgers 2024 rankings, as per the reports of Yahoo life.

Subscribe to enjoy similar stories. Vodafone Group’s deal to merge its U.K. business with rival operator Three raises competition concerns, the U.K.’s antitrust authority said, creating uncertainty on a deal poised to shake up the country’s telecommunications market.

paraskavedekatriaphobia or friggatriskaidekaphobia. Reports suggest that the fear of Friday the 13th results in businesses losing an estimated $900 million every time it occurs because people avoid traveling, scheduling important events, or even going to work. The roots of this fear are not entirely clear. In Western culture, the number 13 is often seen as unlucky, contrasting with the number 12, which symbolizes completeness with examples like the 12 months of the year and the 12 zodiac signs. According to HISTORY, one myth traces the fear to an early version of the Code of Hammurabi, which supposedly omitted the 13th law. However, this was later found to be an error by a translator. Biblical tradition also plays a role. There were 13 guests at the Last Supper, and Jesus was crucified the next day, which was a Friday. Charles Panati, in his book «Extraordinary Origins of Everyday Things,» links the superstition to Norse mythology. In one story, Loki, the god of mischief, crashed a banquet, causing chaos and resulting in the death of Balder, the god of light.

Of all the clicks on British job postings from workers abroad, only a fifth were on high-wage jobs, or postings offering the upper third of wages, according to data covering the first six months of the year from job-search website Indeed. Only Spain had a smaller proportion among 10 advanced economies analysed. Foreigners have a strong urge to work in the UK but they are not the kind of workers the government wants. The lowest-paid jobs attracted 40% of clicks from abroad, casting doubt over the Conservatives’ policies to discourage low-skill migration.

MoneyTransfers.com while carrying out a research gave a shocking revelation that the ratio of tourist to citizen in the beautiful country is near about 1:3.6, reported the Independent. Right now, Austria is accepting nearabout 32 million international tourists each year whereas, the country itself has a mere population of only 9 million. As very famous European countries like Spain, Greece and many more are suffering with over tourism, Austria has emerged out at the top mostly because of its beautiful capital Vienna.

New Delhi: Spain’s Zelestra plans to invest $5 billion in India to build 10GW of wind and solar power capacity by the end of the decade, a top executive said, doubling its previous target of achieving 5GW by 2026. The company, backed by private equity firm EQT, may also enter India’s lucrative commercial and industrial sector as part of the expanded plan, chief executive officer Leo Moreno said in an interview. Typically, renewable energy projects raise 30% equity and 70% project finance, but given the strong backing from EQT, Zelestra won’t need to raise any external equity, Moreno said.

According to the latest Janus Henderson Global Dividend index, global dividends increased 8.2% on an underlying basis, driven primarily by record European payouts and handouts from new dividend payers Alphabet and Meta, two of the Magnificent Seven.  France, Italy, Switzerland and Spain all saw record dividends paid out during Q2 with an all-time high of $204.6bn for the European region, which represented a 7.7% increase year-on-year.  FTSE 'paddling sideways' as dividends propped up by takeovers and buybacks Germany's payouts fell 1.2% year-on-year, however, led by a large cut to ...

Spanish Prime Minister Pedro Sánchez has met with Chinese President Xi Jinping and other top officials during his second trip to China in a year and a half that comes during a spat over electric cars

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

ecommerce and forex trading portals, following investigations by the Enforcement Directorate (ED), said people aware of the matter. They include OctaFX, Fairplay, Magicwin, Mahadev Online Book and 30 others, operated by promoters located in Spain, Dubai, Russia and Pakistan.

Green Day's Saviors Tour concert at Comerica Park in Detroit on Wednesday night (Sept. 4) was paused unexpectedly when the band abruptly ran offstage due to a drone spotted hovering within sight of the stage. Stadium security pulled the band offstage to deal with the potential safety issue, which was resolved by the Detroit Police Department (DPD). The band returned after about 10 minutes to resume the show for nearly 41,000 fans in attendance. Reliable sources confirmed to Billboard that the drone was unauthorized, prompting the sudden exit. After a few minutes of confusion, the video screens displayed a message stating, «Show Pause. Please standby for details.» When the band returned to the stage, frontman Billie Joe Armstrong addressed the crowd, asking, «How you doing? We’re gonna pick up where we left off.” He also requested that fans put away their cell phones, saying, “Pull ’em out later. Let’s be here right now.”

exports by MSMEs, said Bhupen Wakankar, Director Global Trade, Amazon India, on Wednesday at the launch of Exports Digest 2024 — the company’s annual coffee table book on e-commerce exports which provides insights into the scale of e-commerce exports from India through the Amazon Global Selling programme. Wakankar said MSME-penetration by Amazon is still less than 5% and largely untapped, which in itself shows the scope of export business from India. He also said that Amazon is on track to enable thousands of Indian businesses to surpass $13 billion in cumulative e-commerce exports from India by 2024-end. Amazon’s latest report showed that 1.50 lakh exporters have been part of the programme, cumulatively selling over 40 crore made-in-India products globally. Amazon said the programme has seen a growth of over 20% in the past year and Amazon Global Selling has over 200 sellers across India.

₹4,000 crore. Canada Pension Plan Investment Board (CPPIB), the other final bidder, too had submitted a binding bid for the deal run by JP Morgan. Cube Highways will now be given exclusivity to close the deal for the portfolio of five road assets totalling 230 km.

A former top official at South Africa’s state-owned passenger railway company has received a 15-year concurrent prison sentence for faking his engineering qualifications and other cases of fraud