Business & Finance News - The Olive Press Spanish Newspaper

The Body Shop goes into administration with thousands of jobs at risk – but will its stores in Spain be affected?

THE Body Shop, that bastion of British body beauty, has announced it has entered into administration, casting a shadow of uncertainty over 2,000 jobs within

13 Feb, 2024 @ 16:30

Business & Finance·Lead·Other News

On the rise: Erotic toy start-up in Spain rakes in MILLIONS as customers splurge on their unique designs ahead of Valentine’s Day

A COMPANY making and distributing erotic toys on the Costa Blanca has become a major success story and is currently enjoying a boom period up

11 Feb, 2024 @ 13:00

Alicante·Business & Finance·Costa Blanca·Lead·Other News·Valencian Community

EXCLUSIVE: Meet the textile factory challenging fast fashion in Spain and reviving Malaga’s ‘lost art’

FOR Juan Carlos Vera Garcia, business is part of his ‘DNA’. His father owned the first ever industrial bakery in Teba, a small town near

11 Feb, 2024 @ 09:00

Andalucia·Business & Finance·La Cultura·Lead·Malaga·Other News

Apple and Amazon fined €194 million for iilegal collusion in Spain

Spain suspends fines for Amazon and Apple: Tech giants have more time to fight €194m sanctions

THE National Court has temporarily suspended massive fines given to Amazon and Apple by Spain’s competition watchdog- the CNMC- over collusion. The international giants will

8 Feb, 2024 @ 17:00

Business & Finance·Lead·Other News

Live-in care: The preferred care option offering a personalised service

IT’S a difficult enough time when you realise an elderly parent or close relative needs care. Let alone arranging this when you live overseas. With a

6 Feb, 2024 @ 13:28

Business & Finance·Health·Other News·Sponsored

Banco Santander ordered to pay banker €68 million just months after big staff cuts and branch closures in Spain

Santander bank plummets by 5% on Spain’s stock exchange amid reports it was used by Iran to avoid international sanctions

SPAIN’S largest bank, Banco Santander, saw 5% of its value wiped off in the Spanish stock market on Monday, after the Financial Times reported that

5 Feb, 2024 @ 15:46

Business & Finance·Lead·Other News

H&M to close a QUARTER of its stores in Spain

FASHION retailer H&M has announced plans on Friday to close more than a quarter of its shops in Spain. The Swedish-owned business says up to

28 Jan, 2024 @ 10:15

Business & Finance·Lead·National News·Other News

Gibraltar tax crackdown: British territory to make insurance and blockchain businesses ‘contribute fairly to the nation’s wellbeing’

AN update in tax law will make sure insurance and DLT blockchain businesses based in Gibraltar ‘contribute fairly to the nation’s well-being’, the government said.

27 Jan, 2024 @ 08:14

Business & Finance·Gibraltar·Other News

Major Spanish hotel chain blasts Brexit for ‘forcing it to raise salaries’ as it struggles to find workers for its UK businesses

BREXIT might finally be seeing some green shoots as one of Mallorca’s flagship companies has had to raise wages for their workers in the UK.

24 Jan, 2024 @ 15:30

Balearic Islands·Business & Finance·Lead·Mallorca·Other News·Travel News

Thief on Spain's Costa Blanca on attempted murder charge after stabbing pedestrian over packet of cigarettes

Do you smoke in Spain? These are the new costs of cigarettes, tobacco and other products following a price surge last week

THE price of cigarettes in Spain is famously low, especially when compared to the whopping £15 (€17.55) that a smoker pays for a pack of

23 Jan, 2024 @ 11:17

Business & Finance·Lead·Other News

Top international retaller announces 50 new store openings in Spain this year|

Aldi is expanding across Spain: Budget supermarket announces 50 new store openings this year

GERMAN discount supermarket chain Aldi says it plans to open nearly 50 new stores in Spain this year. To back its expansion, the retailer will

22 Jan, 2024 @ 13:15

Business & Finance·Lead·National News·Other News

Outrage as huge gym is forced to close in Spain’s Marbella: British expats are among members with items locked inside the building while many fear they will not have their pre-paid memberships reimbursed

STAFF and members of a huge gym in Marbella have been left concerned and outraged after the establishment suddenly closed its doors without warning, with

21 Jan, 2024 @ 13:16

Andalucia·Business & Finance·Lead·Malaga·Marbella·Other News

Spanish shoppers are fuming after seeing Spain-packaged olive oil selling for MUCH cheaper in the UK – but is there a catch?

SPANISH shoppers contending with olive oil setting them back as much as €10 a litre have been raging at their staple food product being half

16 Jan, 2024 @ 13:00

Business & Finance·Environment·Lead

Companies on Spain’s Costa del Sol ‘lack ambition or initiative’ and are ‘handicapped by poor English language skills’, claims CEO of investment fund

MALAGA entrepreneurs unwilling or able to communicate effectively in the language of Shakespeare are reportedly missing a trick in the business world where ‘the money

15 Jan, 2024 @ 13:00

Business & Finance·Lead·Malaga·Marbella

Olive oil crisis laid bare: These are the devastating factors behind a shock 50% fall in production of Spain’s ‘liquid gold’

IT is known as liquid gold among Spaniards. But the country’s olive oil industry has suffered a series of environmental calamities which have cut production

13 Jan, 2024 @ 15:00

Business & Finance·Environment·Lead

How much of my salary do I need to put aside for rent or mortgage costs in Spain? Figures reveal HUGE differences between the British expat hotspots|

These are the 3 best variable rate mortgages in Spain for 2024, according to experts

TO FIX or vary is the key question asked by people applying for a home mortgage in Spain, with a mixture of both also coming

12 Jan, 2024 @ 12:15

Business & Finance·Lead·National News·Property

Rent control arrives to Spain in February: This region will be the first to implement the measure amid record-high tenant costs

AS rental prices have been soaring prohibitively across Spain, Catalonia is set to be the first to step in and, from February, put controls on

12 Jan, 2024 @ 10:32

Barcelona·Business & Finance·Catalunya·Lead·Property

Retailer Carrefour in Spain steps up solar panel installations at its stores

Carrefour announces it will stop selling all PepsiCo products in Spain – this is why

FRENCH supermarket giant Carrefour has announced that it is to pull all PepsiCo products from its stores in Spain, France, Italy and Belgium, for one

5 Jan, 2024 @ 11:51

Business & Finance·Lead

Boeing 747 412, Iberia (air Atlanta Icelandic) An0878067

Spanish airline Iberia to hold last-ditch meeting with unions today in bid to halt ground staff strikes that will affect more than 45,000 passengers

SPANISH AIRLINE Iberia is holding last-ditch talks today with unions in a bid to halt a series of strikes by ground staff that are due

4 Jan, 2024 @ 11:12

Business & Finance·Lead·Travel News

Revealed: The 10 richest people in Spain as Zara founder Amancio Ortega reigns supreme with €81bn fortune

Zara founder Amancio Ortega, 87, splashes €35 million on TWO boutique hotels in Spain’s Mallorca

THE BILLIONAIRE founder of the Inditex fashion group, Amancio Ortega, has purchased two boutique hotels on Spain’s Balearic island of Mallorca for €35 million. The

27 Dec, 2023 @ 13:23

Business & Finance·Lead

Police arrest woman on Madrid airport plane after stealing coat at security control

Iberia strikes latest: Airline bosses will meet with trade unions in last-ditch attempt to prevent Spain-wide walkouts in early January

REPRESENTATIVES from Spanish airline Iberia will be meeting with some of Spain’s biggest unions on Thursday in a last-ditch attempt to stop a planned strike

27 Dec, 2023 @ 12:55

Business & Finance·Lead·Travel News

WATCH: American expat in Spain is shocked by how much he can buy with $20 in Mercadona

REGULAR users of video-sharing social network TikTok in Spain will no doubt have been served videos this year of American residents of Spain running down

26 Dec, 2023 @ 12:45

Business & Finance·Lead

Iberia strikes back on: Here are the dates that air travel in Spain will be affected by the ground staff stoppages

BARELY days after unions had announced that they would not be calling strikes for Spanish airline Iberia’s ground staff, the stoppages are back on. The

25 Dec, 2023 @ 11:30

Business & Finance·Lead·Travel News

Airport strikes in Spain latest: Iberia workers delay the start date of their walk out

AIR TRAVELLERS in Spain this Christmas can breathe a sigh of relief – for now, anyway. Strikes that were due to be called over the holiday

21 Dec, 2023 @ 11:10

Business & Finance·Lead·Travel News

Spain sets new record for vacation apartments, with more than 340,000 across the country

THE NUMBER of vacation apartments available across Spain has set a new record, with 340,424 now in existence for a total of 1.7 million beds.

20 Dec, 2023 @ 11:28

Business & Finance·Lead

Spain's leading supermarket chain seals five-year staff wage deal with unions

Biggest supermarket chain in Spain seals five-year staff wage deal

SPAIN’S biggest supermarket chain Mercadona has struck a deal with unions to increase salaries by up to 6% per year through to 2028. The five-year-deal

19 Dec, 2023 @ 11:15

Business & Finance·Lead·National News

Business & Finance - Page 15

The Body Shop goes into administration with thousands of jobs at risk – but will its stores in Spain be affected?

On the rise: Erotic toy start-up in Spain rakes in MILLIONS as customers splurge on their unique designs ahead of Valentine’s Day

EXCLUSIVE: Meet the textile factory challenging fast fashion in Spain and reviving Malaga’s ‘lost art’

Spain suspends fines for Amazon and Apple: Tech giants have more time to fight €194m sanctions

Live-in care: The preferred care option offering a personalised service

Santander bank plummets by 5% on Spain’s stock exchange amid reports it was used by Iran to avoid international sanctions

H&M to close a QUARTER of its stores in Spain

Gibraltar tax crackdown: British territory to make insurance and blockchain businesses ‘contribute fairly to the nation’s wellbeing’

Major Spanish hotel chain blasts Brexit for ‘forcing it to raise salaries’ as it struggles to find workers for its UK businesses

Do you smoke in Spain? These are the new costs of cigarettes, tobacco and other products following a price surge last week

Aldi is expanding across Spain: Budget supermarket announces 50 new store openings this year

Outrage as huge gym is forced to close in Spain’s Marbella: British expats are among members with items locked inside the building while many fear they will not have their pre-paid memberships reimbursed

Spanish shoppers are fuming after seeing Spain-packaged olive oil selling for MUCH cheaper in the UK – but is there a catch?

Companies on Spain’s Costa del Sol ‘lack ambition or initiative’ and are ‘handicapped by poor English language skills’, claims CEO of investment fund

Olive oil crisis laid bare: These are the devastating factors behind a shock 50% fall in production of Spain’s ‘liquid gold’

These are the 3 best variable rate mortgages in Spain for 2024, according to experts

Rent control arrives to Spain in February: This region will be the first to implement the measure amid record-high tenant costs

Carrefour announces it will stop selling all PepsiCo products in Spain – this is why

Spanish airline Iberia to hold last-ditch meeting with unions today in bid to halt ground staff strikes that will affect more than 45,000 passengers

Zara founder Amancio Ortega, 87, splashes €35 million on TWO boutique hotels in Spain’s Mallorca

Iberia strikes latest: Airline bosses will meet with trade unions in last-ditch attempt to prevent Spain-wide walkouts in early January

Iberia strikes back on: Here are the dates that air travel in Spain will be affected by the ground staff stoppages

Airport strikes in Spain latest: Iberia workers delay the start date of their walk out

Spain sets new record for vacation apartments, with more than 340,000 across the country

Biggest supermarket chain in Spain seals five-year staff wage deal

ON THIS DAY: Pep’s birthday, Julio Iglesias’ randy dad, a Spanish playwright was born and a Nobel laureate died

It’s already the home of sherry – but Jerez de la Frontera now begins its reign as Spain’s culinary capital for 2026

Good news for Brits heading to Spain: Brussel’s new ETIAS permit pushed back once again

WATCH: Bizarre moment carnival group in wheelchairs parades as Stephen Hawking in southern Spain – before belting out songs dedicated to late physicist

Flat-sharing is becoming the new normal in Spain’s pressured housing market – but would you live with a total stranger?