Egyptian Fugitive Pleads Guilty to Rideshare Fraud After Extradition from Spain
NEWARK, N.J. – Today, Hatem Ghouneim, a 35-year-old Egyptian citizen, admitted his involvement in defrauding a rideshare company of hundreds of thousands of dollars. Ghouneim’s guilty plea to three counts of wire…
Spain to lend Airbus 2.14 billion euros for miltary programmes
MADRID (Reuters) -Spain will lend Airbus 2.14 billion euros ($2.26 billion) to help the company to develop its military drone and helicopter programmes in the country, Industry Minister Reyes Maroto said on…
Spain to raise 2 billion euros less from bank, energy taxes, De Cos says
By Jesús Aguado MADRID (Reuters) -The Bank of Spain estimates the government will raise a combined 5 billion euros ($5.2 billion) by 2024 from its proposed taxes on Spanish banks and large…
Thousands march in Spain to demand end of violence against women
By Elena Rodriguez MADRID (Reuters) – Thousands of people took to the streets in Madrid and Barcelona on Friday evening in marches to mark the International Day for the Elimination of Violence…
Spain energy tax to raise 400 million euros less than expected, minister says
MADRID (Reuters) – The Spanish government will collect 400 million euros ($416 million) less than expected from the revised windfall tax bill on energy companies passed by the lower house in a…
Zara workers in Spain start protests to demand higher pay
By Corina Pons MADRID (Reuters) – Dozens of Zara shop assistants protested in Madrid on Thursday outside the global fashion giant’s largest store to demand higher pay, and some workers in its…
IMF forecasts Spain growth close to zero at turn of year
MADRID (Reuters) -The International Monetary Fund expects economic growth in Spain to slow in 2023 on higher prices and flagging demand before rebounding to pre-pandemic levels in 2024, it said on Wednesday…
Moldovan National And Technical Mastermind Of Xdedic Marketplace Extradited From Spain
Tampa, Florida –United States Attorney Roger B. Handberg along with Special Agent in Charge Brian Payne, IRS-Criminal Investigation, Tampa Field Office, and Special Agent in Charge David Walker, FBI-Tampa Division, announces the…
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, the U.S.-based…
Thousands rally in Spain to demand pay hikes amid high inflation
By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher pay in the first mass protest since the start of the cost…
Airbus staff in Spain to go on strike from Oct. 31, unions say
MADRID (Reuters) -Airbus staff in Spain will go on an indefinite strike from Monday to demand a pay rise, unions said on Thursday. “The protest will start on Oct. 31 and will…
Telefonica wins 1.32 billion euros in tax dispute with Spain
MADRID (Reuters) – Spain’s high court has ordered the country’s tax agency to reimburse telecoms giant Telefonica a record amount of 1.32 billion euros ($1.31 billion), the company said on Tuesday. Telefonica…
Amazon files legal complaints in Italy, Spain against fake review brokers
MILAN (Reuters) -U.S. e-commerce giant Amazon said on Thursday it had filed legal complaints in Italy and Spain as it steps up efforts globally to shut down fake review brokers. Amazon has…
Spain arrests Albanian gang involved in smuggling migrants to UK
MADRID (Reuters) – Police have arrested members of a gang linked to a people-trafficking network which smuggled Albanian migrants from Spain to Britain by concealing them on boats and ferries, Spanish police…
Bank of Spain cuts 2023 growth forecast to 1.4%, lifts 2022 forecast
By Jesús Aguado MADRID (Reuters) -The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe and lower…
Spain to assess extending bank, energy windfall taxes beyond 2 years
MADRID (Reuters) – The Spanish government will assess whether to extend a windfall tax on Spanish banks and large energy firms beyond the currently proposed two years, Budget Minister Maria Jesus Montero…
Hundreds of gig driver jobs under threat in Spain as new rules kick in
MADRID (Reuters) – Hundreds of ride-hailing app drivers in Barcelona and other Spanish cities could lose their jobs on Saturday when a deadline for new rules covering these services expires, drivers and…
Spain retail sales unchanged y/y in August
(Reuters) – Spanish retail sales on a seasonally and calendar-adjusted basis remained unchanged in August from a year earlier, the National Statistics Institute (INE) said on Friday. (Reporting by Jakub Olesiuk; Editing…
Spain aims to increase revenue by 3.14 billion euros with new tax plans
By Belén Carreño MADRID (Reuters) -Spain’s government hopes to increase its tax take by 3.14 billion euros ($3 billion) next year with a series of measures including a temporary wealth tax and…
Spain plans temporary tax on big fortunes for two years from 2023
MADRID (Reuters) – The Spanish government wants to slap a tax on the wealthiest 1% of Spaniards for two years from 2023 as a way to complement planned taxes on energy companies…
Amazon halts construction of new warehouses in Spain until 2024 – El Confidencial
MADRID (Reuters) – Amazon.com Inc has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources. El Confidencial said the…
Carrefour unveils 30 euro shopping basket in Spain after government price cut proposal
MADRID (Reuters) – Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said on Wednesday, days after Spain announced it was considering asking…
Spain launches free rail travel passes to fight inflation
By Marco Trujillo and Christina Thykjaer MADRID (Reuters) – After struggling a bit with the ticket machine at Madrid’s grand 19th century Atocha railway station, 26-year-old Jennifer Bernard Quintana and her sister…
Spain to spend 1.9 billion euros on housing renovation
MADRID (Reuters) – The Spanish government approved a 1.9 billion euro ($1.89 billion) plan to subsidise housing renovation to make homes more energy-efficient, Housing Minister Raquel Sanchez said on Tuesday. The government…
Spain reports second monkeypox-related death in Europe
By Joan Faus MADRID -Spain reported its second monkeypox-related death on Saturday, in what is thought to be Europe’s second death from the disease and only the third outside of Africa in…
Spain raises inflation forecast for 2022, lowers GDP growth target for 2023
MADRID – Spain raised its inflation forecasts for 2022 and 2023 and lowered its economic growth target for 2023, Economy Minister Nadia Calvino said on Tuesday, citing the war in Ukraine for…
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