Business & Finance News - The Olive Press Spanish Newspaper

Valencia,,valencian,community,,spain, ,february,16,,2023:,night,view

Data centres, mega factories and Volkswagen: How Valencia’s reindustrialisation programme is attracting big business

Valencia has long been considered an industrial hub with its agro-food, automobile and manufacturing industries. But now, a new generation of companies is doing business

19 Jun, 2023 @ 18:08

Business & Finance·Valencia·Valencian Community

Beer consumption reaches all-time high in Spain

BEER drinking reached a record-high in Spain in 2022 helped by hospitality recovering after the pandemic and larger number of tourists. Figures released by the

19 Jun, 2023 @ 16:05

Business & Finance·Food & Drink·Lead·National News

Bank of Spain improves its economic forecast for rest of 2023

Bank of Spain improves its economic forecast for remainder of 2023

THE BANK OF SPAIN has raised its economic growth forecast for 2023 to 2.3% from 1.6% in March as activity picked up more than expected

19 Jun, 2023 @ 15:23

Business & Finance·Lead·National News

Why have discretionary fund managers (dfm’s) and model portfolios (mps’s) produced negative returns in 2022?

If you have placed your pensions, savings and investments with a financial adviser there is a strong possibility you are invested in a model portfolio

19 Jun, 2023 @ 12:08

Andalucia·Business & Finance·Costa Blanca

Lidl will open 30 new stores in Spain in 2024 after surpassing €6bn in sales this year

Lidl doubles its logistics capacity in Spain’s Andalucia with huge new platform in Granada

LIDL intends to consolidate its position as an important economic driving force for Andalucia with the opening of a new large logistic center in Escuzar

18 Jun, 2023 @ 13:30

Business & Finance·Food & Drink·Granada·Lead

Major retailer in Spain- El Corte Ingles Group- reports massive net profit rise in 2022

Major retailer in Spain- El Corte Ingles Group- reports massive rise in net profits

SPAIN’S El Corte Ingles Group closed the 2022 financial year with global revenues of €15.3 billion- up 22.5% compared to the previous year with net

17 Jun, 2023 @ 11:15

Business & Finance·Lead·National News

The wheel deal: No job is too big or small for Premier Bodyshops – from full car restorations to small scratches

FROM classic cars and exotic sports models to your daily driver and family runabout – Premier Bodyshops has you covered. Their team is dedicated to

16 Jun, 2023 @ 12:45

Andalucia·Business & Finance·Sponsored·Sponsored Review

Baleares is the Spanish region where people spend less money on clothes

BALEARES is the Spanish region where less money is spent on clothes, according to textile business association ACOTEX. The study displays that on average, residents

15 Jun, 2023 @ 16:30

Balearic Islands·Business & Finance·Mallorca

How tech hubs and incubators are attracting startups and Generation Nomads to Spain

Madrid and Barcelona have long shared the spoils as Spain’s two major business hubs. The wider autonomous communities of Madrid and Catalonia are responsible for

15 Jun, 2023 @ 11:38

Andalucia·Business & Finance

Happy Senior Couple Walking Along Harbor Holding Hands

What are the tax benefits of investing in a QNUPS?

A QNUPS (Qualifying Non-UK Pension Scheme) is an offshore unapproved pension arrangement which satisfies the definition of a pension scheme as set out in Section

14 Jun, 2023 @ 09:27

Business & Finance·Health

Inflation falls in Spain in May, but remains stubbornly high for foodstuffs

INFLATION in Spain fell to 3.2% in May according to the country’s National Statistics Institute (INE), but the rate for foodstuffs remains stubbornly high at

13 Jun, 2023 @ 20:00

Business & Finance·Lead

Spain’s government to keep VAT reduction on essential foodstuffs in place

SPAIN’S economic affairs minister announced on Monday that the government would keep in place a current VAT reduction on essential foodstuffs, until prices have fallen

12 Jun, 2023 @ 10:15

Business & Finance·Lead

Flight Attendants Qantas From Their Facebook

No slap needed: Australian airline Qantas describes new dress code as ‘fit for our times’

Flight attendants of a major Australian airline will no longer need to wear high heels or make-up. Qantas airline, which has flight connections with a

9 Jun, 2023 @ 13:30

Business & Finance·Lead·Other News·Travel News

Elon Musk's Tesla eyeing up massive Valencia deal in Spain

Elon Musk’s Tesla revealed as car maker interested in opening factory in Spain’s Valencia area

DISCUSSIONS are said to be an ‘advanced stage’ for Elon Musk’s electric car manufacturer Tesla to open a factory in the Valencia area. Both the

9 Jun, 2023 @ 09:15

Business & Finance·Lead·Valencia·Valencian Community

Multinational car manufacturer could seal massive deal for project in Spain’s Valencia area

TALKS are said to be an ‘advanced stage’ for an international car manufacturer to launch a project in the metropolitan area of Valencia. Reports from

8 Jun, 2023 @ 10:30

Business & Finance·Lead·Valencia·Valencian Community

Two major outlets merge to create Spain's biggest chain of beauty and perfume stores

Spain’s largest chain of beauty and perfume stores created by ‘friendly’ merger

BEAUTY AND PERFUME stores Druni and Arenal have announced an €870 million merger with both brands retained and no job losses expected. Druni is based

7 Jun, 2023 @ 14:15

Business & Finance·Lead·Valencia·Valencian Community

Spain’s energy network ‘rules out a cyber attack as the cause of the blackout’

Spain’s soaring industrial output hit by unexpected slump in April, new data shows

SPAIN’S economic good times hit another bump in the road after preliminary data revealed an unexpected decline in the country’s industrial production for the month

6 Jun, 2023 @ 12:00

Business & Finance·Lead

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

RETAILER Carrefour says it its planning to install 330,000 square metres of solar panels at 130 of its stores in Spain. Some 30 hypermarkets and

5 Jun, 2023 @ 12:08

Barcelona·Business & Finance·Environment·Lead·National News

Worried UK buyers ask if they can back out of deals to buy Costa Blanca homes due to proposed 100% tax on non-EU buyers

LEGAL EAGLE: More rights for tenants as new rules come into force for rentals in Spain

NEW rental laws have come into force, giving even more rights to tenants with the aim of adapting to our current economic climate.The recent changes

3 Jun, 2023 @ 11:30

Alicante·Business & Finance·Columnists·Other News·Property·Sponsored·Sponsored Article·Valencia

Full MARXA: MARXA Chiringuito holds its tasty inauguration party at SO/Sotogrande Spa & Golf Resort

GIANT brochettes of beef, wild turbot and exquisite canapes marked the opening of one of the most exciting new restaurants in Sotogrande for years. Hundreds

27 May, 2023 @ 18:30

Andalucia·Business & Finance·Food & Drink·Malaga

Bendinat Veterinary Clinic celebrates its 20th anniversary

A GREAT party to celebrate Bendinat Veterinary Clinic’s 20th anniversary took place last weekend. Located in Calvia, near Palma, it was established in 2003 by

25 May, 2023 @ 13:30

Business & Finance·Mallorca·Other News

Ikea reinforces logistics in Spain’s Antequera with a €60 million investment

THE Swedish furniture and home decoration multinational, Ikea, is set to invest €60 million in its logistics centre in Antequera over the next 18 months.

25 May, 2023 @ 08:45

Business & Finance·Lead·Malaga

Two British Tourists Beat Up Hotel Security Guard In Spain's Mallorca

Bouncing back: Spain’s tourism sector breaks 2019 records for hotel stays

WITH COVID-19 restrictions now a distant memory, the tourism sector in Spain is enjoying a bumper 2023. According to figures from the National Statistics Institute

24 May, 2023 @ 15:00

Business & Finance·Lead·Travel News

Costa Blanca start-up company in Spain creates world’s first bottle that purifies water with ozone

AN ALICANTE start-up company with a mix of scientists and entrepreneurs has created Ozeanic, the world’s first drinking bottle that purifies water with ozone. The

22 May, 2023 @ 14:15

Alicante·Andalucia·Business & Finance·Costa Blanca·Environment·Lead·Valencian Community

Ryanair asks tourists to pay an extra €45 to take their ensaimadas to the plane in Mallorca

RYANAIR told two tourists they needed to pay €45 for taking a box of Mallorca’s famous ensaimada inside the plane at Palma Airport. The airline

20 May, 2023 @ 12:00

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

Mallorca Economic Forum frets about dangers of AI to society and democracy

THE Palau de Congressos de Palma hosted the seventh Economic Forum this week. A number of tech experts held forth on the challenges posed by

18 May, 2023 @ 19:15

Balearic Islands·Business & Finance·Lead·Mallorca·Technology

Business & Finance- Page 21

Data centres, mega factories and Volkswagen: How Valencia’s reindustrialisation programme is attracting big business

Beer consumption reaches all-time high in Spain

Bank of Spain improves its economic forecast for remainder of 2023

Why have discretionary fund managers (dfm’s) and model portfolios (mps’s) produced negative returns in 2022?

Lidl doubles its logistics capacity in Spain’s Andalucia with huge new platform in Granada

Major retailer in Spain- El Corte Ingles Group- reports massive rise in net profits

The wheel deal: No job is too big or small for Premier Bodyshops – from full car restorations to small scratches

Baleares is the Spanish region where people spend less money on clothes

How tech hubs and incubators are attracting startups and Generation Nomads to Spain

What are the tax benefits of investing in a QNUPS?

Inflation falls in Spain in May, but remains stubbornly high for foodstuffs

Spain’s government to keep VAT reduction on essential foodstuffs in place

No slap needed: Australian airline Qantas describes new dress code as ‘fit for our times’

Elon Musk’s Tesla revealed as car maker interested in opening factory in Spain’s Valencia area

Multinational car manufacturer could seal massive deal for project in Spain’s Valencia area

Spain’s largest chain of beauty and perfume stores created by ‘friendly’ merger

Spain’s soaring industrial output hit by unexpected slump in April, new data shows

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

LEGAL EAGLE: More rights for tenants as new rules come into force for rentals in Spain

Full MARXA: MARXA Chiringuito holds its tasty inauguration party at SO/Sotogrande Spa & Golf Resort

Bendinat Veterinary Clinic celebrates its 20th anniversary

Ikea reinforces logistics in Spain’s Antequera with a €60 million investment

Bouncing back: Spain’s tourism sector breaks 2019 records for hotel stays

Costa Blanca start-up company in Spain creates world’s first bottle that purifies water with ozone

Ryanair asks tourists to pay an extra €45 to take their ensaimadas to the plane in Mallorca

Mallorca Economic Forum frets about dangers of AI to society and democracy

Hallelujah! Spain’s shockingly low birth rate rises for the first time in a decade – but one in ten new mothers are now over 40

Facebook ‘love scam’ gang in Spain cons woman into paying out €216k

Weather alerts in Malaga as Storm Pedro brings strong winds – these are the affected areas

Hundreds of puffins heading south from the British Isles wash up dead or injured on Spanish shores as Spain’s endless storms decimates the population

EU fast-tracks Gibraltar treaty to ensure fluid border ahead of April’s deadline