Spain Financial News

Panama Papers Scandal: Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies. The 2016 revelations rocked governments, exposed high-profile personalities, triggered scores of investigations around the world and dealt a blow to Panama's reputation as an offshore financial hub. The defendants due to go on trial in a Panamanian criminal court include Jurgen Mossack and Ramon Fonseca Mora, the founders of the now-defunct law firm at the centre of the scandal.

money laundering in connection with the «Panama Papers» tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies. The 2016 revelations rocked governments, exposed high-profile personalities, triggered scores of investigations around the world and dealt a blow to Panama's reputation as an offshore financial hub.

total Solar Eclipse is scheduled to take place on April 8, 2024. This rare astronomical event occurs when the moon moves between the Earth and the sun, causing a shadow to fall on certain parts of our planet. During such occurrences, there are various cultural beliefs and customs surrounding eclipses, including dietary practices during Surya Grahan. Although this upcoming Solar Eclipse won't be visible in India, it will be observable in countries like Canada, the US, UK, Russia, Norway, Ireland, Greenland, Spain, and nearby regions. According to Indian Standard Time (IST), the Solar Eclipse is expected to begin at 9:12 pm on April 8, 2024, and end at 2:22 am on April 9, 2024. In Indian traditions, it is advised to be cautious during Surya Grahan, especially for pregnant women, as this period is believed to be potentially harmful for them. Fasting during solar eclipses is a common practice across many cultures, seen as a way to purify oneself spiritually. Fasting is believed to cleanse the body and mind, allowing individuals to engage in prayer, meditation, and introspection during this sacred time. Those who choose to fast may opt for simple, easily digestible foods such as fruits and nuts or consume only water.

OTT releases this week: OTT platforms are known to continuously evolve and deliver fresh content while catering to a wide range of audiences. Know this week's line-up of new releases that cater to various tastes on popular OTTs including various genres- action, drama, romance, mystery and more. OTT platforms like ZEE5, Jio Cinema, Disney Plus Hotstar, Netflix, Amazon Prime, DUST and more, promise a little something for everyone.

If you're an investment banker who's been waiting for deals and hiring to revive so that you can find a new job, your time may soon come. Figures from Dealogic indicate that the first quarter of 2024 wasn't bad, but the recovery is geographically patchy and sector specific.

Stock market today: Sensex, Nifty 50 end flat after RBI policy decision; geopolitical tensions, crude oil prices weigh Ten out of the 11 primary S&P 500 sectors saw gains, with communication services leading the charge, up by 1.6 per cent. Krispy Kreme rose by 4.7 per cent following an upgrade by Piper Sandler, shifting its rating from "neutral" to "overweight". Shockwave Medical also saw an uptick of 1.8% after Johnson & Johnson's announcement of its acquisition for $12.5 billion.

Criminal networks in the European Union are penetrating legal businesses across the 27-nation bloc and rely heavily on corruption to develop their activities

Daily lives are noisier than ever, and many travelers are seeking relief in silence

Andy Kohlberg is one of the American owners of Spanish club Mallorca along with NBA greats Steve Kerr and Steve Nash

Gucci advertisement was recently spotted on a massive billboard in Spain's Madrid. Reacting to the giant picture of the Bollywood diva, that too in a European location, one of her fans said, “Nice photoshoot, best picture of Alia. It's a great move to connect to the Indian audience as she has a great fanbase in India".

BEIJING — China's real estate troubles are likely far from over and industry problems need to be addressed quickly if overall GDP growth is to pick up significantly, according to a report released Thursday by global investment firm KKR.

Supreme Court has awarded a compensation of $35 million (approximately ₹292 crore) to a former Morgan employee after a glass door of a building in New York City—in which she was having a physical therapy appointment— suddenly shattered on her in 2015, leaving her with permanent brain damage, the New York Post reported. The report said the ruling in favour of Meghan Brown, 36, followed a three weeks trial and the court was shown the shocking CCTV footage of the incident—now viral on social media—in which the 7.5-foot-tall lobby door almost exploded on the JP Morgan employee while walking through it after a physical therapy appointment in the building.

At least half of adults in a range of major economies report being stressed about their personal finances, and say inflation is one of the main reasons.

The American company that owns Formula 1 is adding to its global racing portfolio with the purchase of the MotoGP motorcycle racing series by the end of the year

Crews continue the complicated and meticulous operation of removing the steel and concrete from the fallen Francis Scott Key Bridge in Baltimore

Editor’s note: This article was updated on November 20th 2023 to take in the results of Argentina’s presidential election. On November 19th Argentina elected Javier Milei, a self-described “anarcho-capitalist", to be its next president. He defeated Sergio Massa, the economy minister in the current Peronist government. Mr Milei owes his victory to the troubled background against which the election took place.

Spain’s privacy watchdog has ordered for Worldcoin, the company created by OpenAI CEO Sam Altman that scans eyeballs to make digital IDs in exchange for cryptocurrency, to cease its operations in the country for three months amid concerns over what it is doing with users' personal information.

Real Madrid will host Athletic Club at Santiago Bernabéu in Madrid on Sunday. Real Madrid have 72 points off 29 games and topping the La Liga table. Athletic Club have 56 points from 29 matches. A victory for Real Madrid will ensure 36th La Liga title. Real Madrid versus Athletic Club La Liga game is scheduled to kick off at 3 pm (ET) on March 31, 2024. The La Liga match will be live streamed on fuboTV.

Germany is set to join the global cannabis revolution on Monday, with a law coming into effect legalising recreational use of the drug. It is the first big European country to legalise the possession and consumption of small amounts of the drug by adults and one of only two among the G7 group of leading world powers, with Canada.

OpenAI offered a tool that allowed people to create digital images simply by describing what they wanted to see. Then, it built similar technology that generated full-motion video like something from a Hollywood movie. Now, it has unveiled technology that can re-create someone's voice.

Crypto, the buzzword in the world of finance. There are currently around 31 million users of these digital assets in Europe, according to estimations from cryptocurrency payment gateway TripleA.