Spain Financial News

Amazon and Apple have been fined a total of $218 million after Spanish regulators say they colluded to box out competitors by favoring sales of Apple products directly from the online retail giant

Tata has chosen to build an electric vehicle battery plant in southwest England, Bloomberg reported on Tuesday, a win that would bolster the country's automotive industry against stiff global competition. Tata has chosen a site in Somerset to supply a new range of electric Jaguar and Land Rover vehicles and is set to outline its decision as soon as this week, the Bloomberg report said, citing unnamed people familiar with the plans.

Tata Group to build a battery plant supplying a new range of electric Jaguar and Land Rover models. Tata has chosen a site in Somerset, west England, owned by Salamanca Group, an investment and advisory business with roots in real estate, people familiar with the plans said. The Indian parent of the British brands will outline its decision as soon as this week, said the people, declining to be named discussing non-public information. Tata previously considered building its battery site in Spain, but a decision in favor of the UK will help to secure the future of JLR’s plants in its traditional home market. The cell factory will have an eventual capacity of 40 gigawatt hours, enough to supply roughly half a million vehicles per year depending on the size of the batteries.

Stage 16 of the Tour de France took place on Tuesday, covering a distance of 22.4 km from Passy to Combloux. It was an individual time trial for the men's elite category. The wind was blowing from the east at a speed of 3 km/h. The route and finish profiles were semi-mountainous. Here are the top finishers: Jonas Vingegaard from Denmark, riding for Jumbo — Visma, is first with a time of 32 minutes and 36 seconds. Tadej Pogacar from Slovenia, representing UAE Team Emirates, is at second, 1 minute and 38 seconds behind the leader. Wout van Aert from Belgium, riding for Jumbo — Visma, is in third position, with a time gap of 2 minutes and 51 seconds. Pello Bilbao from Spain, representing Bahrain Victorious, is fourth, 2 minutes and 55 seconds behind the leader. Simon Yates from Great Britain, riding for Team Jayco — AlUla, is in fifth position, with a time gap of 2 minutes and 58 seconds.

BENGALURU : Auto components supplier CIE Automotive India on Tuesday reported a 60% jump in second-quarter profit, boosted by the growth in Indian and European markets. The unit of Spain's CIE Automotive reported a consolidated net profit of ₹302 crore ($36.8 million) for the quarter ended June 30, compared to ₹189 crore a year ago.

The updated 2023 Henley Passport Index Tuesday placed Singapore as the world's most powerful passport with visa-free access to 192 travel destinations out of 227 around the world.  Three European countries Germany, Italy, and Spain move up one slot with 190 visa-free destinations and shared the second place. Japan has been knocked off the top spot for the first time in five years and slipped to third place as the number of destinations its passport can access without a visa fell to 189.

World Cup 2023 is all set to take place from July 20 to August 20, 2023, in Australia and New Zealand. You can watch the matches live in the United Kingdom and the United States. Here are the details of the same.

Mediterranean destinations on Tuesday to stay indoors during the hottest hours as the second heat wave in as many weeks hits the region and Greece, Spain and Switzerland battled wildfires. In Italy, Red Cross teams checked on the elderly by phone while in Portugal they took to social media to warn people not to leave pets or children in parked cars.

Crypto exchange Binance’s Argentina arm has decided to abruptly call-off its partnership with the Argentine Football Association (AFA), accusing the latter over lack of compliance.

Walmart heiress Nancy Walton Laurie was vandalized by a group of environmental activists in Spain. The activist group known as Futuro Vegetal, based in Spain, took action by spraying paint on the massive yacht named Kaos as it attempted to depart from the port in Ibiza, according to reports. The group, which advocates for civil disobedience as a means to address the ongoing climate crisis, chose to target the yacht due to its owner's status as one of the wealthiest women in the world, as per reports.

It had to happen one day. Novak Dkojovic would meet his Novak Djokovic. Tennis’s most stubborn champion would encounter a contender who was respectful but unshaken, who wasn’t rattled by his legend, or endurance, or head games, and would rise to the moment, unabashedly, as a young Djokovic once did, long ago.

The collections are 15% more than Mission: Impossible Fallout, reports Deadline. Globally, Mission: Impossible 7 has had the biggest opening weekend as compared to other M:I franchise movies. These results are from 35 international markets, including India, Australia/New Zealand, Brazil, Netherlands, Scandinavia and the UK.

southern Europe began a brutally hot week on Monday with temperatures expected to top 40 C — or 104 F — on a continent already overburdened by tourists. The health ministry issued 10 recommendations to protect elderly people, the sick and pets from the heat, urging people to stay indoors during the hottest hours, drink at least 1.5 liters (nearly half a gallon) of water a day and refrain from strenuous exercise at peak daylight times. The culprit was a high-pressure anticyclone dubbed Cerberus, the multi-headed dog that guards gates to the underworld in Greek mythology.

Shubman Gill has the full backing of the India test team as he adjusts to his move from the top of the order to the number three slot, batting coach Vikram Rathour said ahead of the second match against West Indies in Port of Spain from Thursday. Gill has scored both of his test hundreds and four half-centuries while opening the innings, usually alongside skipper Rohit Sharma. Before the start of the two-test series in West Indies, Gill asked to bat at three, a position long held by veteran Cheteshwar Pujara before he was dropped from the side.

tennis. However, the Big Three continued to assert their control, winning an impressive 65 Grand Slam titles collectively since Federer's first Wimbledon victory in 2003. Breaking this stronghold seemed unlikely until a new champion emerged at Wimbledon, signaling a potential shift in the tennis landscape. This breakthrough came in the form of Alcaraz, who became the first player outside of Djokovic, Federer, Nadal, and Murray to claim the Wimbledon title since 2002. Many saw this victory as the start of a new era in men's tennis, as the young Alcaraz expressed his belief that he could lead the way. While Federer retired last year, Djokovic and Nadal had shared eight of the last ten Grand Slam titles leading up to the Wimbledon final. Alcaraz's U.S. Open victory last year and subsequent rise to the top of the ATP rankings showcased his talent, but doubts lingered about his ability to compete against the all-time greats in best-of-five-set matches, especially without facing Djokovic or Nadal during his previous major triumph. However, Alcaraz's mental strength was questioned during his French Open clash with Djokovic, raising concerns about his ability to handle high-pressure situations. Nevertheless, in the Wimbledon final, Alcaraz demonstrated that he is a quick learner, proving that he can adapt and thrive against top-tier opponents.

global warming. Asia, Europe, and the United States are grappling with record-breaking temperatures, fueling wildfires and posing a severe threat to the affected regions. In Europe, Italy is bracing itself for an unprecedented heatwave, described as one of the most intense in history.

Wimbledon | Carlos Alcaraz said he wanted another shot at Novak Djokovic. Said it would make winning a Wimbledon championship more special. Well, Alcaraz got his chance to face Djokovic. And he beat him.

By Crispian Balmer

Santander is hiring dealmakers from Wall Street and European rivals in London as the Spanish lender increases its ambitions in investment banking. 

Wimbledon 2023, Rafael Nadal congratulated Carlos Alcaraz on securing his maiden Wimbledon championship. The intense battle between the 20-year-old prodigy and Novak Djokovic captivated audiences as Alacaraz secured a 1-6, 7-6 (8/6), 6-1, 3-6, 6-4 win in four hours and 42 minutes. On Sunday, at Wimbledon 2023 final, Carlos Alcaraz secured a memorable victory over Novak Djokovic in a gripping five-set match.

Carlos Alcaraz came back from a set down to register a 1-6, 7-6 (8/6), 6-1, 3-6, 6-4 victory against the huge favourite and defending champion Novak Djokovic in the «ultimate showdown» to win his maiden Wimbledon title. The No. 1-ranked Alcaraz prevented Djokovic from what would have been a record-tying eighth title, and fifth in a row, at the grass-court tournament.