The Corner2d
Treasury’s “reform” of tax system in tatters
The Treasury has managed to salvage what the Government describes as a “tax reform” in the final moments, although it is more of a new tax increase that will raise revenue by about €10.5 billion a ...
The Corner2d
CNMC sees BBVA-Sabadell takeover bid risking banking competition in Catalonia and Valencia and credit in SME segment
The National Markets and Competition Commission (CNMC) published on Wednesday the arguments that led it to agree a week ago to extend a few ...
The Corner3d
China: commercial banks keep rates on hold, in line with PBOC, to avoid excessive yuan depreciation
Bankinter: The one-year rate, which is the benchmark for corporate loans, remained at 3.10%. The five-year rate, which is the ...
The Corner3d
First lawsuit for greenwashing in Spain: Iberdrola accuses Repsol of “misleading advertising”
Iberdrola and Repsol face each other today in Santander Commercial Court number 2 in the oral hearing following the lawsuit ...
The Corner3d
Iberdrola launches €460-million green bond issue in Australia – first ever by a Spanish non-financial company
The Spanish utility yesterday completed a A$750 million (approximately €460 million) green bond issue to finance its ...
The Corner3d
Eurozone hourly labour costs grow 4.6% year-on-year in 3Q24 against 5% in 2Q24
Link Securities | Eurostat published yesterday that hourly labour costs in the Eurozone rose by 4.6% year-on-year in 3Q2024, ...
The Corner3d
Grifols believes Brookfield’s non-binding offer greatly undervalues fundamental prospects and long-term potential
Santander Credit Research | Grifols (B+ s, B+ s) yesterday informed the CNMV that it has received a non-binding offer from ...
The Corner3d
Brookfield closes refinancing of Grifols debt for €11,000 million with Deutsche Bank and Banco Santander
Link Securities | The Canadian private equity fund Brookfield has taken a definitive step to take control of GRIFOLS (GRF) ...
The Corner3d
Acciona Energía sells 175 MW of hydroelectric power in Spain to ORIX subsidiary Elawan Energy for €293 million
Link Securities | The company announced yesterday the closing of the sale of 175 MW of hydroelectric power in Spain to Elawan ...
The Corner3d
IEA raises oil demand growth forecast for 2024, but slightly cuts estimates for next year
Link Securities | As reported yesterday by Dow Jones, the International Energy Agency (IEA) raised its oil demand growth forecast for 2024, but slightly cut estimates for next year, citing the impact ...
The Corner3d
Volkswagen to close factories in Germany for first time in history
Bankinter | The German company could close three plants in Germany. Until now everything pointed to the closure of two plants, one dedicated to the production of vehicles and the other to components.
The Corner3d
Colonial to consider investment strategy and location of activities if tax regime for REITs withdrawn
Link Securities | The company has officially responded to the Government’s proposal to withdraw the tax regime for REITs, the newspaper elEconomista.es reported yesterday. According to Juan José ...