Spain Financial News

THE OCEAN FLOOR off the coast of Sebastian, Florida, is littered with untold fortunes. For three centuries now, the sea has turned the gold and silver coins of the doomed Spanish treasure fleet over and over among strands of flowing seaweed and beneath the claws of scuttling crabs. Twenty miles inland, plunked on an unassuming industrial lot amid a swampy expanse, lie vessels capable of surfacing that sunken bounty.

Indian shuttler and two-time Olympic medalist PV Sindhu conceded a defeat in the final match of the Malaysia Masters competition against China's Wang Zhiyi on Sunday. The Indian shuttler lost to her Chinese opponent 21-16, 5-21, and 16-21 in the final match of the women's singles. Sindhu started the final game on a good note and dominated the first set as she won it by 21-16. In the second set, the Chinese made a comeback in the game and didn't give Sindhu a chance to clinch points. Zhiyi won the second set by 5-21. In the final set, Zhiyi had the last laugh of the game as she beat Sindhu by 16-21.

PV Sindhu's wait for a much-needed title extended further as she faltered in the finishing line, going down in three games to world no. 7 Wang Zhi Yi of China in the summit clash on Sunday. Fifth seed Sindhu, a double Olympic medallist, last won the Singapore Open and Commonwealth Games in 2022 and finished runner-up at the Madrid Spain Masters in 2023. The title here looked within her reach when world no. 15 Sindhu held a massive 11-3 lead in the decider after winning the opening game but the former world champion imploded after the final change of sides to go down 21-16 5-21 16-21 in a 79-minute women's singles final. The title would have been an icing on the cake but her impressive run to the final will still give her a lot of confidence as Sindhu looks to put the finishing touches ahead of the Paris Olympics. It was her first final on BWF world tour after more than a year.

Rafael Nadal said Saturday that it is likely he is appearing at the French Open for the final time but cautioned it was «not 100% certain».

TikTok said Thursday its putting in place new rules to limit the reach of state-affiliated media accounts

OpenAI will start using news content from News Corp. as part of a multiyear deal between the two companies

movies from India clocked over 1 billion views on Netflix in 2023, the streaming service said on Friday in its second engagement report. The report, titled «What We Watched: A Netflix Engagement Report», presented the streaming service's viewership data for the period of July to December 2023. Subscribers across the world watched about 90 billion hours of content on Netflix in the second half of 2023. From India, Sujoy Ghosh's «Jaane Jaan» was the most watched movie on Netflix with 20.2 million views, followed by Shah Rukh Khan's «Jawan» with 16.2 million views and Vishal Bhardwaj's "Khufiya" with 12.1 million views.

WARSAW—It’s a nightmare for any laptop user when the innards go haywire and the device freezes up irreversibly—a disaster called “bricking." Now imagine it happening to a 175-ton passenger train. It began with Dolnośląskie Rail, which functions as a sort of MTA of southwest Poland. Much of its rolling stock had been made by the Polish company Newag.

Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million, approximately ₹1,874 crore, in an all-cash transaction, as per an exchange filing.According to a joint statement from the companies, around 1,500 employees and 700 contractors experienced in telecom engineering services across various countries—such as Spain, Italy, India, Japan, China, the Americas, and the APAC region—will transition to HCLTech as part of the agreement.HCLTech stated in a regulatory filing that the deal involves the “purchase of certain assets (CSS) of Communications Technology Group, a business division of Hewlett Packard Enterprise Company". CSS delivers engineering services to leading global Communications Service Providers (CSPs) leveraging its intellectual properties in a global delivery model" with a total purchase price of $225 million.This acquisition will bolster HCL Technologies' position in the telecom sector by enhancing its engineering services and utilizing CSS' intellectual property, solutions, and talent at prominent CSPs across Europe, Japan, the Americas, and the APAC region, including 20 of the top 30 CSPs worldwide.HCLTech CEO and Managing Director C Vijayakumar said, "With this transaction and our planned strategic partnership with HPE, we are strengthening our telecom practice to address the rapidly expanding and transforming global telecom market.

US Treasury Secretary Janet Yellen is rejecting a global wealth tax proposal championed by Brazil and supported by France and other G20 countries.

tour by global pop sensation Taylor Swift has sparked a rise in European air travel for the upcoming summer season. United Airlines, one of the major carriers, has reported a significant increase in travel demand to popular European destinations such as Lisbon, Portugal, and Madrid, Spain, over the Memorial Day weekend, SchengenNews reports. This increase, estimated to be about 25 per cent higher than last year, is directly attributed to Taylor Swift's Eras tour, which has sparked a travel frenzy among her fans. Similar price hikes are anticipated in other cities hosting the tour in the coming weeks, such as Madrid, Edinburgh, and Dublin, says SchengenNews report.

Lupin, and Reliance Industries, while Patel Engineering is recommended as a buy at CMP 65 for an intermonth momentum play."--Prashanth Tapse, Senior VP (Research), Mehta Equities LtdSensex Today Live : L&T Technology Services announced the inauguration of the Simulation Centre of Excellence for Airbus, strategically located at the LTTS stateof-the-art campus in Bangalore. This Centre of Excellence is designed to bolster engineering support for Airbus aircraft structural simulation activities across its diverse business units in Europe spanning France, Germany, the UK, and Spain.The Simulation CoE aims to unify and standardize processes across all Airbus European business units and aircraft programs.

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.

Top news of the day: On 22 May, a series of events are set to take place right from politics to business. A bomb threat was received by the Union Home Ministry’s office at Delhi’s North Block. China's top internet authority has introduced a language model rooted in President Xi Jinping's political philosophy.

Israel Katz has ordered Israel's ambassadors from Ireland and Norway to immediately return to Israel, as Norway said it would recognize a Palestinian state and Ireland was expected to do the same. «Ireland and Norway intend to send a message today to the Palestinians and the whole world: terrorism pays,» Katz said.

₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.

European Commission is set to increase Schengen visa fees from June 11, 2024. Slovenia’s Ministry of Foreign and European Affairs confirmed that while visa fees for adults will increase from €80 to €90 for adult applicants beginning, visas for children aged six to twelve will also increase, from €40 to €45. Furthermore, countries not cooperating with the readmission of their irregularly staying citizens in the EU may face visa fees rising to €135 or €180. «The European Commission adopted a decision to increase short stay Schengen visa (visa type C) fees worldwide by 12 per cent. The increase will apply worldwide as of 11 June 2024,» the Slovenian government said in a statement. The fee increase follows a review of EU visa fees in December 2023, which occurs every three years as mandated by the Schengen Visa Code. The EU cites inflation and civil servants' salaries as reasons for the hike. The last increase was in February 2020 when fees rose from €60 to €80.

The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon over a billion dollars from the state-owned oil company

Organizers of Spain’s Princess of Asturias Awards have awarded the prize for the social sciences to Canadian historian and writer Michael Ignatieff

GSK plc on Wednesday announced positive data from the phase III trial which followed participants for up to approximately 11 years following initial vaccination with Shingrix.

A pod of orcas rammed another yacht sailing through the Strait of Gibraltar until it began taking on water and sank.