Spain Financial News

By Tim Hepher

Samvardhana Motherson International (SMIL) on Monday said it has acquired Germany's Dr. Schneider Group for $131.6 million. Dr.

Following this, L'Equipe in France reported that PSG's owners from Qatar are open to accepting the proposal, which would shatter the current world transfer record for a football player. However, for the deal to materialize, they must convince Mbappe to switch teams. It is speculated that Al-Hilal is prepared to offer Mbappe an astounding €700 million ($776 million) for a single season, after which he would be free to join Real Madrid. This extraordinary sum would amount to a staggering €1 billion ($1.1 billion) in total, surpassing Lionel Messi's previous record for the highest-paid sports contract, Forbes reported citing CBS Sports' James Benge. Apart from Real Madrid and Al-Hilal, Spanish giant Barcelona, top English clubs like Manchester United, Chelsea, Tottenham and Italian side Inter Milan have shown keen interest in signing the French world cup winner, as per reports. Back in 2017, PSG set the current world transfer record when they activated Neymar's release clause at FC Barcelona, paying an eye-watering €222 million ($246 million). Mbappe's move to PSG in the same year had to be managed through a loan due to Financial Fair Play restrictions, as the club had already expended an enormous fee to secure Neymar's services. Subsequently, in the following year, Mbappe joined PSG permanently from Monaco for a total arrangement of €145 million ($160 million), with an additional €35 million ($39 million) in add-ons, making him the most expensive teenager in football history.

Alongside his fellow presenter, Dan Thomas, former Trinidad and Tobago international Shaka Hislop appeared to lose his balance and collapsed while speaking on air. The crew immediately rushed to his aid as Thomas called for assistance. To ensure his well-being, the channel promptly cut to a commercial break. In a subsequent tweet, ESPN reassured viewers that Shaka was conscious and communicating with medical personnel who had attended to him promptly. The incident occurred amidst temperatures of approximately 30 degrees Celsius in California on that particular Sunday. In an update at half-time, Thomas said Hislop had apparently recovered after the incident. «My mate, Shaka, not here, but as it stands, it's good news,» Thomas told viewers. «He's conscious, he's talking, I think he's a little embarrassed about it all. He's apologized profusely. Not a man who likes people to make a fuss of him. Obviously far too early to make any sort of diagnosis, but the important thing is, that Shaka's conscious and we spoke to his family as well, because you imagine seeing that happen live,» Thomas said. The exhibition game saw Spanish giants Madrid overturn a 2-0 deficit to clinch a 3-2 win over Milan.

European bonds gained and the euro plunged versus the dollar after a sharp decline in manufacturing and services gauges from the common-currency region fanned concerns about the faltering global economy.  

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The chief executive of a Spanish pipe manufacturer has been appointed as the new boss of InfraBuild, the local steel business regarded by analysts as the best performing asset in Sanjeev Gupta’s global GFG Alliance.

Tequila enthusiasts worldwide eagerly await the arrival of July 24, National Tequila Day, to revel in the rich heritage and craftsmanship behind this beloved beverage. Tequila's deep-rooted connection to Mexican culture is undeniable.

Spain's Vox party, with its ultra-nationalist bent, lost support among voters in Sunday's election, dashing its hopes to be a kingmaker and enter a governing coalition that would have given the far-right its first share of power in Spain since Francisco Franco's 20th century dictatorship. The mainstream conservative Popular Party won the election, but performed well below polling data that had forecast it could oust Socialist Prime Minister Pedro Sanchez if it formed a government with Vox as a junior partner. Even though Sanchez's Socialists finished second, they and their allied parties celebrated the outcome as a victory since their combined forces gained slightly more seats than the Popular Party and Vox.

Jason Day could not quite make it Jason’s day at the British Open – but the rejuvenated Australian golf superstar was still left thrilled after joining a host of legends with his near-miss at Royal Liverpool.

By Horaci Garcia and Guillermo Martinez

Tour de France reaches its thrilling conclusion with stage 21, fans worldwide are eager to witness the riders' final journey into Paris. There are numerous options available for free live streams, complete with commentary in English, Spanish, Italian, and French. Stage 21, today's procession race event, starts from Saint-Quentin-en-Yvelines, covering a relatively short 115 km route to Paris, culminating at the iconic Champs-Élysées finish line. Due to the shorter distance, the race is scheduled for a much later start at 4:30 p.m. local time, with an estimated arrival in Paris three hours later. Jonas Vingegaard leads the pack, firmly holding the yellow jersey after an impressive performance in the previous stage, securing a dominant overall lead of nearly seven and a half minutes.

election that could see Prime Minister Pedro Sanchez's governing Socialists lose power and a far-right party make up part of a new government for the first time in 50 years. Voting opened at 9 a.m. (0700 GMT) and will close at 8 p.m.

This year’s tourism season has been extra hot, with temperatures in the northern hemisphere reaching record-breaking levels that are set to keep intensifying.

Venice International Film Festival has chosen its closing film for the upcoming event in September. This movie will be «La Sociedad de la nieve» (‘Society of the Snow’), directed by acclaimed filmmaker J.A. Bayona.

Virat Kohli even scored a stunning century and took Team India to a comfortable score in the match. Virat Kohli's knock of 121 helped India finish the first innings on 438.

Spain’s Carlos Alcaraz celebrated beating Serbia’s Novak Djokovic in the Wimbledon men’s singles final as Czech Republic’s Marketa Vondrousova triumphed in the women’s final.

Those who know him in Spain say that Alberto Núñez Feijóo doesn't enter a political battle unless he has almost every chance of winning

Johnny Depp and Amber Heard were in the spotlight during their widely-covered defamation trial. The court case, known as Johnny C. Depp II v. Amber Heard, was broadcast live to a global audience in 2022. The upcoming Netflix documentary series, Depp v. Heard, will delve into the high-profile legal battle between the two A-list celebrities that spanned several years. The new documentary series about the Amber Heard vs. Johnny Depp trial takes a close look at the trial and its public impact. It aired on Channel 4 from May 21 to May 23, 2022, with each episode lasting 47 minutes. The series delves into the trial's proceedings and explores the role of social media and online coverage in shaping its outcome.

Netflix shows for this year keeps growing. Here are all the high-profile cancellations that have been announced. Despite the cancellations, Netflix remains committed to renewing numerous shows, ensuring that more than 150 series are set to return for future seasons at any given time.

Spain’s Carlos Alcaraz celebrated beating Serbia’s Novak Djokovic in the Wimbledon men’s singles final as Czech Republic’s Marketa Vondrousova triumphed in the women’s final.