Spain’s Q3 GDP expanded 0.3% from previous quarter – final data
(Reuters) – Spain’s gross domestic product growth slowed down slightly in the third quarter, though it showed more resilience than in neighboring countries, final data showed on Friday. The economy expanded 0.3%…
Spain’s parliament backs NATO membership for Finland and Sweden
MADRID (Reuters) – Spain’s parliament ratified the entry of Finland and Sweden to the North Atlantic Treaty Organization (NATO) on Thursday, bringing the two Nordic countries one step closer to joining the…
Spain’s retailers shun government proposal to freeze basic goods prices
MADRID (Reuters) – Spain’s main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain of high…
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3% year-on-year in July compared to an increase of 7% in June, official data from the country’s National Statistics Institute (INE) showed on…
Spain’s July industrial output rises 5.3% vs 7% in June
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.3% year-on-year in July compared to an increase of 7% in June, official data from the country’s National Statistics Institute (INE) showed on…
Spain’s Abengoa wins dismissal of U.S. shareholder lawsuit alleging fraud
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday dismissed a lawsuit by Abengoa SA shareholders accusing the Spanish engineering and energy company of conducting a massive accounting fraud…
Spain’s Jan-June trade deficit widens almost six-fold to 32 billion euros
(Reuters) – Spain’s trade deficit in the first six months of the year widened almost six-fold from the same period a year earlier to 32 billion euros ($32.6 billion), the Industry Ministry…
Spain’s second-quarter GDP growth of 1.1% tops estimates
(Reuters) – Spain’s second-quarter economy expanded 1.1% over the previous three months to top growth estimates on robust overseas demand for the country’s goods and services, preliminary data showed on Friday. Analysts…
Amid clouds on economic horizon, Spain’s jobless rate stays below 3 million mark
(Reuters) – Spain’s jobless number remained below three million for the second month running, falling to 12.48% in the April to June period of 2022 compared to 13.65% three months earlier, data…
Spain’s services activity slows in May, though jobs rise -PMI
MADRID – Activity in Spain’s services sector slowed down in May though companies created jobs at the fastest rate in almost a year as companies’ capacity is stretched, a survey showed on…
Spain’s April jobless number slips, formal jobs at record high
MADRID – The number of people registering as jobless in Spain fell 2.77%in April to 3.02 million people, the lowest level since July 2019, as hirings sped up and took formal jobs…
Spain’s GDP growth slows to 0.3% in Q1 as Madrid readies cut to 2022 outlook
MADRID – Spain’s economy expanded 0.3% in the first quarter from the second, preliminary data showed on Friday, slowing down from 2.2% in the previous three months as Russia’s invasion of Ukraine…
Spain’s ombudsman to probe alleged cyber spying of Catalan figures
MADRID – Spain’s ombudsman said on Sunday it would investigate the government’s alleged spying of Catalan separatist figures during the height of the region’s bid for independence, while the government announced a…
Spain’s banking bailout fund FROB surpasses 50% stake in bad bank Sareb
MADRID – Spain’s state rescue fund FROB has increased its stake in the country’s “bad bank” Sareb to more than 50%, in line with a European Union order to count its liabilities…
Spain’s jobs market improves as reforms help offset strike, inflation
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data showed on Monday, helped in part by…
Spain’s BBVA closes deal with Merlin to buy back 662 branches
MADRID – Spain’s BBVA on Friday said it had bought back 662 branches, which it sold between 2009 and 2010 under a sale and lease back agreement to Tree Inversiones Inmobiliarias, owned…
Tight supply chains, inflation slow Spain’s factory activity in March- PMI
MADRID – Factory activity in Spain grew for a 14th consecutive month in March though at a slower pace because of pressure on supply chains and rising inflation fuelled by the war…
Spain’s 2021 budget gap narrows more than expected, further cut seen
MADRID – Spain’s budget deficit narrowed to 6.76% of gross domestic product last year from over 10% in 2020, beating forecasts from international organisations and the government, which expects a further reduction…
Spain’s truckers strike expands, prompting food shortages
MADRID – Three Spanish truckers unions on Tuesday dismissed a government aid package and joined a spontaneous one-week strike against rising fuel prices that is likely to aggravate a shortage of food…
Apollo Infrastructure fund buys 49% stake in Spain’s Primafrio
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator Primafrio, the…
Spain’s Meroil won’t break ties with Lukoil, confident of no sanctions impact
By Joan Faus BARCELONA – Spanish oil operator Meroil has no plans to sell its 50% stake in a joint venture with Russia’s Lukoil in a Barcelona oil terminal due to the…
Spain’s Amadeus stays cautiously optimistic about recovery
– Spanish travel booking group Amadeus posted on Friday a second consecutive profitable quarter since the start of the coronavirus pandemic, helped by stronger demand as travel curbs were partly phased out.…
Spain’s Rovi raises guidance after 2021 profit jumped 151%
MADRID – Spanish pharmaceutical group Rovi raised its 2022 revenue guidance as it posted a 151% jump in annual net profit on Wednesday, citing strong growth in contract manufacturing and specialty pharmaceuticals.…
Spain’s Sabadell expects to hit profitability target a year early
By Jesús Aguado MADRID -Spain’s Banco Sabadell expects to hit its 6% profitability target a year early, it said on Thursday after posting better than forecast quarterly and annual profit on the…
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