Business & Finance News - The Olive Press Spanish Newspaper

Ford axing 1,100 jobs at Valencia car plant in Spain with S-Max and Galaxy production ending in April

Ford axing 1,100 jobs in Spain’s Valencia with S-Max and Galaxy models ceasing production in April

FORD has announced that it plans to cut 1,100 jobs- 20% of its workforce- at its Almussafes car plant in Valencia province. Unions were informed

10 Mar, 2023 @ 15:45

Business & Finance·Lead·Valencia·Valencian Community

REVEALED: Where UK businesses are investing the most in Spain

THE Madrid region was the most popular part of Spain for British investment during the first nine months of 2022 according to figures produced by

9 Mar, 2023 @ 11:15

Balearic Islands·Business & Finance·Catalunya·Lead·Madrid·Murcia·Valencian Community

Kidnap, crypto and Ukrainians: The multimillion-euro scandal that looks to have defrauded hundreds in Spain and Gibraltar

A KIDNAPPING of two expats foiled by Spanish police last year is linked to an enormous crypto currency scandal set to rock Spain and Gibraltar,

8 Mar, 2023 @ 18:30

Alicante·Business & Finance·Gibraltar·Lead·Must Read

Feminism Takes To The Streets Of Spain With Massive Marches To Advance Towards Equality

Spain set to make it mandatory for corporate boards to be made up of 40% women

Spain’s government is seeking to make it mandatory for corporate boards to be composed of at least 40% women. Parliament is hoping to pass the

6 Mar, 2023 @ 13:30

Business & Finance·Lead·National News

Revealed: The costliest and cheapest winter holiday rentals on Spain's Costa Blanca

Ibiza, Javea and Marbella: The Spanish municipalities with the most expensive properties

JAVEA is one of the three municipalities in Spain with the most expensive properties. That’s according to a recent study from leading quantity surveyor’s firm

4 Mar, 2023 @ 13:30

Alicante·Balearic Islands·Business & Finance·Ibiza·Lead·Property

Recriminations in Madrid over Spain’s ‘business environment’ as giant Ferrovial plans Holland move

The proposed departure of Spanish construction conglomerate Ferrovial to Holland for ‘a better business environment’ has set off a firestorm of finger pointing in Madrid.

3 Mar, 2023 @ 16:45

Business & Finance·Lead·Politics

Valencia’s Air Nostrum in Spain and Ireland’s CityJet get EU merger approval for second time

VALENCIA’S Air Nostrum has been given the green light to merger with Ireland’s CityJet to form Europe’s largest regional airline. It’s the second time that

3 Mar, 2023 @ 11:12

Business & Finance·Lead·Valencia·Valencian Community

Electricity bills in Spain rise to their highest level since February

Light at the end of the cable: Spain and France finally set to agree funding for undersea electricity link

SPAIN and France are set to resolve their long-running dispute over the cost of their first undersea electricity link. The 400 km-long cable link from

2 Mar, 2023 @ 18:00

Business & Finance·Lead·National News

Spain's annual inflation rate falls to 2.2% with food price rises slowing further

Inflation rate in Spain is on the up again as electricity bills and food and drink get more expensive

Inflation is still stalking the Spanish economy as the latest data puts price increases from February last year at an annualised rate of 6.1%. This

28 Feb, 2023 @ 11:56

Business & Finance·Lead

Airport strikes in Spain are called off in huge relief for travellers ahead of December holiday

Spain’s airport operator returns to making a profit for first time since pandemic

SPAIN’S airport operator Aena recorded an annual net profit in 2022 for the first time since the Covid-19 pandemic struck in 2020. The firm that

28 Feb, 2023 @ 11:10

Business & Finance·Lead·National News

Big Ceramics Showcase Returns To Spain's Valencia After Two Year Absence

Major international ceramics showcase returns to Spain’s Valencia after two-year absence

SPAIN’S biggest ceramics producing region- the Valencian Community- is highlighting the sector in the return of the annual Cevisama fair. The event in Valencia was

27 Feb, 2023 @ 18:30

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

EXPORT BOOM: Spain’s Malaga smashes its export record and reaches a new high of €2,880 million

MALAGA has celebrated a ‘historic record’ in exports thanks to an 18% growth in sales. The 2022 financial year for Malaga has closed with record

27 Feb, 2023 @ 10:00

Business & Finance·Lead·Malaga

September tourist numbers set for record high on Spain's Mallorca

Mallorca’s plans to reduce visitors this summer crashes head first into airline plans to fly 30 million people to the island

Airlines are planning for a blockbuster 30 million passengers to visit Mallorca this summer, smashing the pre-Covid record set in 2019 by one million. They

23 Feb, 2023 @ 12:29

Business & Finance·Lead·Mallorca·Travel News

‘Let it fail and go under’ Iberia warned off buying indebted Air Europa

The owners of British Airways have been advised to swerve the acquisition of Air Europa, Spain’s third-largest airline, and let the company ‘fail and go

22 Feb, 2023 @ 19:15

Business & Finance·Lead·Travel News

Spain’s power company Iberdrola reports record international profits but suffers 19% domestic fall

POWER firm Iberdrola reported a record annual net profit of €4.3 billion last year across the globe but its domestic operation in Spain saw a

22 Feb, 2023 @ 10:53

Business & Finance·Lead·National News

Spain’s new windfall tax on banks and energy companies could raise more money than predicted

A new windfall tax on excess profits made by banks and energy companies in Spain could net more than the €3 billion forecast for this

21 Feb, 2023 @ 16:00

Business & Finance·Lead·National News

What Spain Can Learn from The US Inflation Reduction Act

As a third of the world is set to go into recession this year, Spain, like other European governments, is looking for ways to weather

21 Feb, 2023 @ 10:07

Business & Finance·Politics

Spain's Oil Giant Repsol Announces Record Annual Profit Of €4.2 Billion

Spain’s Repsol oil company announces record investments and net profit of €4.2 billion in 2022

SPAIN’S biggest oil company, Repsol, has announced plans for a record number of investments after reporting a net annual profit of €4.2 billion last year.

17 Feb, 2023 @ 13:08

Business & Finance·Lead·National News

Exports in Spain’s Andalucia soar by 24.3% achieving ‘all-time record’

ANDALUCIA has closed 2022 with record exports reaching almost €43,000 million. Sales abroad grew by 24.3% reaching €42.958 billion, 8 billion more than in 2021,

17 Feb, 2023 @ 08:45

Andalucia·Business & Finance·Lead·Other News

Discover a better way to pay – the Currencies Direct multi-currency debit card

International currency transfer provider Currencies Direct have been helping people move money to and from Spain since 1996. Over the years they’ve built a reputation

16 Feb, 2023 @ 12:00

Alicante·Business & Finance·Currencies Direct: Financial Advice

Unemployment in Spain falls to lowest March total for 17 years with new jobs created in hotels, bars, and restaurants

Vulnerable families in Spain have until March 31 to request government’s €200 benefit cheque

FROM today, vulnerable families in Spain can apply for a one-off €200 cheque introduced by the government in a bid to help them with the

15 Feb, 2023 @ 20:15

Business & Finance·Lead·National News

Work begins on building €50 million data centre in Spain's Valencia region

Construction work starts on new €50 million data centre in Spain’s Valencia region

MEXICAN information technology company Kio will open the Valencian Community’s biggest data centre before the end of the year. The centre costing €50 million will

15 Feb, 2023 @ 18:00

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

Spain's inflation rate shows surprise small fall in August

Spanish government agrees to increase minimum wage by 8% for 2023

The Spanish government has decided to increase the minimum wage by 8% for 2023. The raise will mean about 2.5 million low/salary workers will receive

15 Feb, 2023 @ 12:00

Business & Finance·Lead·National News

Ai Based Mobile Phone Car Number Plate Reader Created By Company On Spain's Costa Blanca

AI-based mobile phone car number plate reader created by Costa Blanca company in Spain

AN Elche company has created an artificial intelligence device that can convert smartphones into car licence plate readers, which could be used by police to

14 Feb, 2023 @ 13:30

Business & Finance·Costa Blanca·Lead·Technology·Valencian Community

Regional government in Spain’s Andalusia rejects request from more than 70 municipalities to halt renewable energy plants

THE REGIONAL government in Andalusia has rejected a joint request from a total of 72 municipalities for a moratorium to be put in place on

13 Feb, 2023 @ 17:15

Business & Finance·Lead·Politics

The sun finally won: How a innovative bid for sustainability got round the draconian rules in the historic quarter of Ronda… and made a great saving

WHEN the owner of Ronda Romantica, an Aparthotel in the historic town of Ronda, decided to become more sustainable and save money with solar panels

13 Feb, 2023 @ 15:00

Business & Finance·Environment·Lead·Other News

Business & Finance - Page 23

Ford axing 1,100 jobs in Spain’s Valencia with S-Max and Galaxy models ceasing production in April

REVEALED: Where UK businesses are investing the most in Spain

Kidnap, crypto and Ukrainians: The multimillion-euro scandal that looks to have defrauded hundreds in Spain and Gibraltar

Spain set to make it mandatory for corporate boards to be made up of 40% women

Ibiza, Javea and Marbella: The Spanish municipalities with the most expensive properties

Recriminations in Madrid over Spain’s ‘business environment’ as giant Ferrovial plans Holland move

Valencia’s Air Nostrum in Spain and Ireland’s CityJet get EU merger approval for second time

Light at the end of the cable: Spain and France finally set to agree funding for undersea electricity link

Inflation rate in Spain is on the up again as electricity bills and food and drink get more expensive

Spain’s airport operator returns to making a profit for first time since pandemic

Major international ceramics showcase returns to Spain’s Valencia after two-year absence

EXPORT BOOM: Spain’s Malaga smashes its export record and reaches a new high of €2,880 million

Mallorca’s plans to reduce visitors this summer crashes head first into airline plans to fly 30 million people to the island

‘Let it fail and go under’ Iberia warned off buying indebted Air Europa

Spain’s power company Iberdrola reports record international profits but suffers 19% domestic fall

Spain’s new windfall tax on banks and energy companies could raise more money than predicted

What Spain Can Learn from The US Inflation Reduction Act

Spain’s Repsol oil company announces record investments and net profit of €4.2 billion in 2022

Exports in Spain’s Andalucia soar by 24.3% achieving ‘all-time record’

Discover a better way to pay – the Currencies Direct multi-currency debit card

Vulnerable families in Spain have until March 31 to request government’s €200 benefit cheque

Construction work starts on new €50 million data centre in Spain’s Valencia region

Spanish government agrees to increase minimum wage by 8% for 2023

AI-based mobile phone car number plate reader created by Costa Blanca company in Spain

Regional government in Spain’s Andalusia rejects request from more than 70 municipalities to halt renewable energy plants

The sun finally won: How a innovative bid for sustainability got round the draconian rules in the historic quarter of Ronda… and made a great saving

Julio Iglesias lawyer wants sex abuse complaints thrown out because courts in Spain have ‘no jurisdiction’

Broken joint found on tracks where Cordoba crash killed 39

‘We still can’t find her’: Families launch heartbreaking appeals for missing loved ones after Cordoba train disaster

Three days of national mourning declared in Spain as Pedro Sanchez promises ‘transparent’ probe into train disaster with at least 39 deaths

Spain is preparing to switch on EES biometric scanners at the Gibraltar border next month – but where is the long-awaited EU-UK treaty?