The European Commission improves the GDP growth forecasts for Spain by four tenths upwards in 2024 to 2.1% and reduces its public deficit estimate by two tenths to 3% of GDP. The new macro forecasts from Brussels are above the latest ones made by the Government (2%). By 2025, however, its GDP growth forecast worsens ...
The prolonged slowdown in inflation in Brazil has not met consumer expectationswho increasingly blame President Luiz Inácio Lula da Silva for a perceived decline in purchasing power. 67% of Brazilians said their purchasing power decreased over the last year, more than double the percentage recorded in October, according to a Quaest survey published last week. ...
Financial Diary – Santiago Anglo American plans to split up as the mining group tries to win over shareholders following its rejection of a 34 billion pound ($42.7 billion) takeover bid from rival BHP. In a series of sweeping changes at the 107-year-old mining company, Anglo said on Tuesday it would sell or spin off ...
Amazon.com Inc., Pfizer Inc. and Morgan Stanley are among companies set to increase their presence in Franceand on Monday an avalanche of new foreign investments will be announced. President Emmanuel Macron will host 180 CEOs and executives at the Palace of Versailles for the “Choose France” summit. The flagship event, now in its seventh year, ...
Seeking 'white knights' is one of the few avenues of opposition that legislation allows for the bank chaired by Josep Oliu. If you don't find them, you will have to convince your shareholders that the offer is bad for their interests; or get regulators to stop it. The announcement of Bbva's takeover bid for Sabadell, ...
The Observer – Montevideo Former president José Mujica made his first public appearance since beginning radiotherapy to treat cancer in the esophagus. It was in a dunk on the 609 list in Florida. “They started treating me. Every day I have radiation on my belly. I'm going to give it. I can't go overboard. I ...
A major solar storm threatens to cause blackouts this weekend, disrupt navigation systems and disable high-frequency radios around the world.. This is the first time since January 2005 that the US Space Weather Prediction Center has issued a G4 geomagnetic storm alert (the second highest on a scale of five), when multiple waves of solar ...
The market for operations for a merger or acquisition in the region fell last year in terms of the number of operations, with the cut-off date being the movements from April 2023 to the same month of 2024; although those deals were substantially larger in dollars. Until the fourth month of the year there were ...
In the High Arctic, a piece of land the size of Manhattan with geopolitical implications has hit the market for 300 million euros ($323 million). The sale comes as the Arctic experienced its warmest summer in 2023, and the Svalbard region has had less sea ice, more rain and higher temperatures due to climate change. ...
Argentina's manufacturing Industrial Production Index (IPIm) plummets a strong 21.2% year-on-year in March, The National Institute of Statistics and Censuses (Indec) said on Wednesday, in the midst of a recessionary process in the domestic economy. This is the worst monthly figure since May 2020 when it collapsed 26.2% in the midst of the pandemic. The ...
