Business & Finance News - The Olive Press Spanish Newspaper

Spain-based British expat arrested by armed guards on return from negotiating €200 million business deal in Russia

Saunders is close to sealing a deal to buy Castorama Russia Ltd, which is being sold by Kingfisher PLC, owner of B&Q in the UK

13 May, 2019 @ 10:56

Business & Finance·Lead·Malaga

British MPs rally round Brits living in Spain who lost millions in dodgy Mallorca currency firm collapse

Premier FX, based in Palma, ceased trading last July, leaving behind millions in unpaid debts

12 May, 2019 @ 12:11

Business & Finance·Crime & Law·Lead

I’LL NEVER RETURN: Man in Spain denied entry to supermarket at 21:59, as it shut at 22:00, sparks national debate

The supermarket giant issued an apology, surprising many, as people are often turned away from businesses just before closing time

8 May, 2019 @ 15:43

Business & Finance·Lead·National News

NOT BOVVERED: All-time tourism record SMASHED on Spain’s Costa del Sol thanks to Brits unfazed by Brexit

Forecasts now predict that 7.3 million tourists will visit the coast this summer

3 May, 2019 @ 11:35

Business & Finance·Lead·Malaga·Travel News

Spain’s Malaga Feria to have spectacular 20 minutes long firework display this year

ON FIRE: Olive Press breaks one MILLION hits barrier for April

To celebrate this landmark achievement we have decided to offer an unprecedented deal

1 May, 2019 @ 11:59

Business & Finance·Lead

Almost 40% of Spaniards fear Brexit will have a ‘very negative’ impact on Spain’s economy

MORE than a third of Spaniards fear Brexit will have a ‘very negative’ impact on their country’s economy. A survey by El Cambio en Europa

20 Apr, 2019 @ 11:03

Business & Finance·Lead·Politics

Irish company launches lifesaving ‘hangover care package’ for expats in Spain

The lifesaver, which can be shipped to Spain and around the world, arrives in a box emblazoned with Irish sayings and contains some well-known local

18 Apr, 2019 @ 12:09

Business & Finance·Lead

PREDATOR drones from US to patrol Strait of Gibraltar and Cadiz coast as Spain’s Guardia Civil fear surge in drug and people smuggling this summer

It comes as the Guardia Civil has struggled to tackle the surging drug trafficking epidemic which has seen outbursts of violence along the Costas

17 Apr, 2019 @ 13:52

Business & Finance·Cadiz·Gibraltar·Lead

Max Beach will reopen on Spain’s Costa del Sol this week with new look and night time venue planned for summer

It comes after the much-loved eatery at Playa Riviera on Mijas Costa was taken over by the Metro Group

16 Apr, 2019 @ 17:06

Business & Finance·Food & Drink·Lead·Malaga

Lower income tax for workers in Andalucia, new regional president vows

RESIDENTS in Andalucia are set to pay less income tax under new Junta laws. Despite claims that a drop will impact social services, leader Juan

14 Apr, 2019 @ 09:54

Business & Finance·Lead

British expat fuming after chairs and tables don’t fit into ‘tiny’ new terrace Mallorca town hall painted outside her cafe

The mother-of-one told the Olive Press she was ‘shocked’ to discover her seating area had been confined to a tiny painted box on the pavement

14 Apr, 2019 @ 08:03

Business & Finance·Lead·Mallorca

Airlines in Europe could soon be forced to fork out €1,400 for every piece of lost luggage

THE European court is set to decide whether airlines should pay out thousands to travellers in lost luggage compensation. Under proposals, flight operators could

7 Apr, 2019 @ 10:31

Business & Finance·Lead

British tourists’ spending up in first quarter of 2019 with Andalucia the main destination for UK holidaymakers

THIS year has seen Brits visiting Spain in higher numbers and spending more after 2018 saw a disappointing summer for the country’s tourism sector. Both

6 Apr, 2019 @ 09:25

Business & Finance·Lead·Malaga

Andalucia economy could lose €1.1 BILLION in no-deal Brexit, Junta warns

The province is particularly vulnerable to the economic shock of a disorderly UK exit

4 Apr, 2019 @ 14:58

Business & Finance·Lead·Politics

Dozens of business owners accuse Puerto Banus of ‘coercing’ them into accepting 700% hikes in rent after access cards disabled

DOZENS of business owners have accused Puerto Banus of coercing them into accepting rent hikes of up to 700%. In a denuncia to the magistrate’s

2 Apr, 2019 @ 17:04

Business & Finance·Lead·Malaga

Zara launches new customisable denim fashion line in Spain

The new ‘Trafaluc’ range can be personalised with words up to eleven characters long

21 Mar, 2019 @ 12:07

Business & Finance·Lead·Property

Spain tops global health league but all is not well for expats

A WORLD health index has declared Spain to be the fittest nation on the planet. Last year the University of Washington’s Health Metrics Institute ranked

19 Mar, 2019 @ 16:59

Business & Finance·Health·Lead

British expats and authorities join forces to try and stop construction of ‘controversial’ shopping centre in Mallorca

The 80,000 square metre centre was originally granted a licence in 2014, but works did not start within the timeline and it expired

16 Mar, 2019 @ 12:59

Business & Finance·Lead·Mallorca

UK MPs join battle to get millions back for British expats who lost out to rogue FX firm based in Mallorca

Dozens of clients, most of them British expats, lost millions of euros when the Palma-based company Premier FX suddenly stopped trading in July last year

15 Mar, 2019 @ 12:57

Business & Finance·Lead·Mallorca

One in every seven euros into Spain’s economy comes from tourism

Spain was the fifth largest tourism economy in the EU and ninth in the world in terms of total contribution to GDP

9 Mar, 2019 @ 09:00

Business & Finance·Lead

Cadiz town ‘most profitable’ holiday destination on Spain’s mainland

A SMALL Cadiz town is the third-most profitable holiday destination in Spain, new figures have revealed. According to tourism industry group Exceltur, hotels in Chiclana

25 Feb, 2019 @ 12:53

Business & Finance·Cadiz·Lead·Travel News

Andalucia fruit farmers berry concerned as less than 1,000 locals apply for some 23,000 job vacancies, despite huge unemployment figures

The work is mostly carried out by Moroccan women who work at least 39 hours per week, and sometimes 10 hours more

24 Feb, 2019 @ 11:00

Business & Finance·Food & Drink·Huelva

Spain-Morocco railway tunnel talks underway government says

If the first land link between Europe and Africa was made by tunnel, it would have to be 38km to stretch between the two countries

22 Feb, 2019 @ 11:01

Business & Finance·Lead

P**S TAKER: You can now pee in Donald Trump’s mouth thanks to expat bar owner in Spain

A RECENT upgrade at an expat’s bar in Spain will have certain heads shaking this year. Queenz bar, in Sitges, has installed open-mouth urinals, with

18 Feb, 2019 @ 14:17

Business & Finance·Lead

BREAKING: British airline goes into administration with ALL flights to Europe cancelled, cites Brexit as major factor

BRITISH airline Flybmi has gone into administration and all its flights are cancelled from today. The firm, based in the Midlands in the UK, employs

16 Feb, 2019 @ 20:10

Business & Finance·Lead

Spanish exporters receive letters warning them of fallout from no-deal Brexit

SPAIN’S tax office has warned Spanish businesses of the potential consequences of a no-deal Brexit. The Hacienda sent letters to thousands of export companies with

10 Feb, 2019 @ 12:59

Business & Finance·Lead

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