Business & Finance News - The Olive Press Spanish Newspaper

Topshop stores won’t be saved despite Asos stepping in to rescue Arcadia brands

ONLINE fashion retailer Asos has bought the Topshop, Topman and Miss Selfridge brands from Sir Philip Green’s failed Arcadia Group for £295 million. The deal which will

1 Feb, 2021 @ 13:21

Business & Finance·Lead·Other News

Spain’s 4-day working week a step closer as Government backs left-wing scheme in return for EU backing

SPAIN is one step closer to implementing a four-day week as it approves plans to help combat the financial impact of the COVID-19 pandemic. The

29 Jan, 2021 @ 14:15

Business & Finance·Lead

Douglas Perfume Chain In Spain Announces 103 Store Closures Prompted By Move To Online Sales

Douglas perfume chain in Spain to close 103 shops as online sales rise

DOUGLAS Perfumes are to shut 103 stores across Spain which will see up to 600 people lose their jobs. The company says that the move

28 Jan, 2021 @ 14:15

Business & Finance·Lead·National News

New food delivery rider rules start for Glovo and Uber Eats in Spain

Big online sales rise for Spanish delivery ‘app’ leads to new Valencia area base

ON-DEMAND Spanish delivery app, Glovo, is looking to expand its ‘dark stores’ in Spain and across Europe. The pandemic has given a boost to on-line

24 Jan, 2021 @ 16:15

Business & Finance·Valencia

Marina d’Or in trouble

The company’s most recent public audit in 2018 revealed a deficit of €111 million

22 Jan, 2021 @ 13:30

Business & Finance·Valencian Community

Spain unlikely to receive foreign tourists en masse until end of summer in dire news for tourism bosses following €106 BILLION in losses in 2020

SPANISH tourism bosses have warned of ‘ruin’ after Prime Minister Pedro Sanchez said international travellers would be unlikely to return until the end of summer.

21 Jan, 2021 @ 17:32

Business & Finance·Lead·National News

SHINE ON ME: Tax cuts announced for fitting solar panels on houses in Valencia city

In addition, property owners who fit the panels will also be able to apply for grants covering 95% of the so-called ‘Icio’ tax, payable upon

21 Jan, 2021 @ 12:45

Business & Finance·Environment·Technology·Valencia·Valencian Community

Spain S Air Europa Gets Official Government Approval For Bailout Loan

BA and Spain’s Iberia owner agrees cut price deal in Air Europa take over

LEADING Spanish airline Iberia, on behalf of its owner International Airlines Group (IAG) has agreed a takeover of struggling rival Air Europa. IAG completed the

20 Jan, 2021 @ 15:45

Business & Finance·Lead

The hospitality sector has been one of the worst-hit by the restrictions

BAILED OUT: Valencian government announces €340 million aid package for self-employed workers and businesses

THE Valencian regional government has announced a €340 million bailout plan for small businesses and self-employed workers to help mitigate the disastrous economic effects of

19 Jan, 2021 @ 15:00

Business & Finance·Coronavirus·Lead·Valencia·Valencian Community

THE FUTURE IS ORANGE: Valencian citrus farmers finally on the money ‘thanks’ to COVID

Valencian orange and lemon producers saw their income go up at last

19 Jan, 2021 @ 12:45

Business & Finance·Environment·Food & Drink·Lead·Valencia·Valencian Community

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Spanish tech giant MediaMarkt purchases 17 failing Worten stores

LEADING technology and electrical retailer MediaMarkt has signed an agreement to acquire 17 failing Worten stores as their Portuguese rival records another year of losses.

14 Jan, 2021 @ 19:15

Business & Finance·Lead

Valencia region leads industrial recovery in Spain

THE Valencia region is spearheading the gradual recovery of industry in Spain following the COVID-inflicted crash. Led by the energy sector, the Valencian Community registered

12 Jan, 2021 @ 14:15

Business & Finance·Valencia·Valencian Community

Bershka, Pull & Bear and Stradivarius pull China stores, possible effects in Spain

SPANISH clothing giants Bershka, Pull & Bear and Stradivarius have announced they are closing their stores in China in a shock move that could spell

8 Jan, 2021 @ 15:00

Business & Finance·Lead

Valencian government to pass new law regulating holiday lets

The decree is aimed at regulating the tourism accommodation market and weeding out illegal practices.

7 Jan, 2021 @ 18:30

Business & Finance·Valencia·Valencian Community

Schengen EU deal could ‘unlock wealth’ of Gibraltar, business group claims

The Schengen agreement will help Gibraltar and the entire Campo area get much wealthier, according to the Rock’s Chamber of Commerce.

5 Jan, 2021 @ 19:57

Business & Finance·Gibraltar

Spain’s Balearic Islands registers highest number of unemployed people since 2009

This is also the highest number of people registered in the social security system as unemployed since the 2009 financial crisis

5 Jan, 2021 @ 17:30

Business & Finance·Lead·Mallorca

Business is “BIG” on Spain’s Costa Blanca after radio station reports surge in advertisers

COSTA BLANCA business is booming, according to a radio station that has just added another broadcast to its services after a surge in clients. Despite

5 Jan, 2021 @ 15:00

Business & Finance·Coronavirus·Costa Blanca

More than 80% of bars and restaurants in Spain’s Mallorca close under tougher COVID-19 restrictions

That’s the stark figure made by the Association of Small to Medium Sized Businesses after surveying how many of its members would remain open under

29 Dec, 2020 @ 18:30

Business & Finance·Lead·Mallorca

Teleworking? Make sure you check the tax implications of working remotely In Valencia

REMOTE working has increased considerably during the COVID-19 crisis. Aided by new technology, it is presented as a good way to reduce the costs of

27 Dec, 2020 @ 19:32

Business & Finance·Lead·National News·Other News·Sponsored·Sponsored Article·Valencia·Valencian Community

The end of a year to remember (or forget)!

I’m not sure any of us could’ve expected 2020 to pan out quite the way it did. As we entered the year, I’m sure like

25 Dec, 2020 @ 09:40

Alicante·Asturias·Barcelona·Business & Finance·Costa Blanca·Lead·Madrid·Mallorca·Mar Menor·National News·Torrevieja·Valencia·Valencian Community

The 7 financial steps to take for a fresh start to life in Spain for 2021

I always like to write an article at the end of each year to give people some financial tips to help them prepare for a

20 Dec, 2020 @ 11:54

Asturias·Barcelona·Benidorm·Business & Finance·Costa Blanca·Lead·Mallorca·Torrevieja·Valencian Community

British Airways permanently cancels 13 flight routes from summer 2021

BRITISH Airways has permanently cancelled 13 flight routes from summer 2021. “We are sorry that, like other airlines, due to the current coronavirus pandemic and

18 Dec, 2020 @ 13:30

Business & Finance·Travel News

More than half of bars and restaurants in Spain’s Mallorca expected to close under Level 4 of COVID-19 restrictions

"If these new measures do not yield any positive results, the government will have lost all of its credibility", said the Confederation of Business Associations

15 Dec, 2020 @ 15:45

Business & Finance·Lead·Mallorca

Caixa Bank merger with Bankia will produce 200% returns according to financial experts in Spain

THE merger between CaixaBank and Bankia will generate a return on investment of 200%, according to estimates by Alvarez & Marsal. When the two organisations

15 Dec, 2020 @ 08:45

Business & Finance

DEAR JENNIFER: The best choice of insurance in Spain

Who is Jennifer Cunningham and how can she help you? I CAME to Spain in the 1990’s and I celebrated the 25th Anniversary of my

13 Dec, 2020 @ 11:10

Business & Finance·National News·Other News·Sponsored·Sponsored Article

MONEY MATTERS: UK ISAs and bonds in Spain

With Tracy Storer, Senior Partner, Chorus Financial This week we received the following question from Mrs Sandra W. from Altea. Dear Tracy, I am in

13 Dec, 2020 @ 11:01

Business & Finance·Other News·Sponsored·Sponsored Article

Business & Finance- Page 45

Topshop stores won’t be saved despite Asos stepping in to rescue Arcadia brands

Spain’s 4-day working week a step closer as Government backs left-wing scheme in return for EU backing

Douglas perfume chain in Spain to close 103 shops as online sales rise

Big online sales rise for Spanish delivery ‘app’ leads to new Valencia area base

Marina d’Or in trouble

Spain unlikely to receive foreign tourists en masse until end of summer in dire news for tourism bosses following €106 BILLION in losses in 2020

SHINE ON ME: Tax cuts announced for fitting solar panels on houses in Valencia city

BA and Spain’s Iberia owner agrees cut price deal in Air Europa take over

BAILED OUT: Valencian government announces €340 million aid package for self-employed workers and businesses

THE FUTURE IS ORANGE: Valencian citrus farmers finally on the money ‘thanks’ to COVID

Spanish tech giant MediaMarkt purchases 17 failing Worten stores

Valencia region leads industrial recovery in Spain

Bershka, Pull & Bear and Stradivarius pull China stores, possible effects in Spain

Valencian government to pass new law regulating holiday lets

Schengen EU deal could ‘unlock wealth’ of Gibraltar, business group claims

Spain’s Balearic Islands registers highest number of unemployed people since 2009

Business is “BIG” on Spain’s Costa Blanca after radio station reports surge in advertisers

More than 80% of bars and restaurants in Spain’s Mallorca close under tougher COVID-19 restrictions

Teleworking? Make sure you check the tax implications of working remotely In Valencia

The end of a year to remember (or forget)!

The 7 financial steps to take for a fresh start to life in Spain for 2021

British Airways permanently cancels 13 flight routes from summer 2021

More than half of bars and restaurants in Spain’s Mallorca expected to close under Level 4 of COVID-19 restrictions

Caixa Bank merger with Bankia will produce 200% returns according to financial experts in Spain

DEAR JENNIFER: The best choice of insurance in Spain

MONEY MATTERS: UK ISAs and bonds in Spain

What’s behind Spain’s bizarre new craze of young people dressing up as animals – and does it spell the end of western civilisation?

The Dutch have now moved into the top five for property purchases in Spain – here is where they are snapping up homes

Malaga will be cut off from high-speed trains to Madrid and beyond for at least another month

Spain’s controversial V16 traffic beacon has now fully arrived and fines are already being dished out – but is the EU about to kibosh it?

Is Spain’s caña dying? Changing beer habits could spell last orders for the iconic glass size