Business - Olive Press News Spain

BBVA offers to buy Sabadell Bank shares from Monday as hostile bid moves into decisive stage in Spain

BBVA can offer to buy Sabadell Bank shares from Monday as hostile bid moves into decisive stage in Spain

SPAIN’S stock market regulator, the CNMV, gave the green light on Friday to BBVA to attempt to get the majority of voting shares in Banco

5 Sep, 2025 @ 18:00

Business & Finance·Lead·National News

Bars and restaurants say turnover is 15% down despite record tourist numbers in Valencia

TOURISTS tightening up spending and heatwaves are two of the reasons why bars and restaurants in the Valencia area say turnover is down by as

4 Sep, 2025 @ 18:30

Lead·Valencia

Two in five new jobs in Spain go to foreigners as unemployment falls to lowest level in 16 years

Spain’s August jobless total is lowest for the month since 2007

SPAIN’S jobless total rose by 22,000 in August to stand at 2.4 million- the lowest August figure since 2007. The end of the high summer

2 Sep, 2025 @ 11:05

Business & Finance·Lead·National News

A brief introduction to the benefits of factor investing

By Peter Dougherty ‘Factor investing’ is the process of constructing an investment portfolio that contains groups of stocks (or other assets) with certain traits, such

31 Aug, 2025 @ 08:30

Business & Finance·Lead·Other News

British telecoms giant Vodafone signs on for ambitious underwater tunnel between Spain and Morocco

UK firm Vodafone has signed a contract to provide telecommunications for the construction planning team involved with the proposed tunnel linking Spain and Morocco. Vodafone’s

29 Aug, 2025 @ 15:04

Business & Finance·Lead·National News

BBVA goes to Spain’s Supreme Court to fight government ‘meddling’ in Sabadell Bank takeover

THE BBVA bank is going to the Supreme Court to challenge the Spanish government’s pre-conditions for its hostile takeover of Sabadell Bank. The legal challenge

15 Aug, 2025 @ 08:00

Lead·National News

Sabadell Bank shareholders massively back UK TSB sale as fight against BBVA takeover continues in Spain

Sabadell Bank shareholders massively back TSB sale as fight against BBVA takeover continues in Spain

AN EXTRAORDINARY meeting of Sabadell Bank shareholders on Wednesday has overwhelming approved the sale of their UK subsidiary, TSB, to Santander. 99.6% of votes cast

6 Aug, 2025 @ 13:00

Business & Finance·Lead·National News

Spain’s banks enjoy nearly 12% rise in profits during first six months of 2025

SPAIN’S biggest banks have seen profits soar by 11.8% in the first half of 2025, compared to the same period last year. The combined net

1 Aug, 2025 @ 12:00

Business & Finance·Lead·National News

EU intervenes over Spain’s handling of BBVA takeover of Sabadell Bank

THE European Commission has- as expected- opened an investigation into the Spanish government’s intervention over the proposed ‘hostile’ takeover of Sabadell Bank by BBVA. Last

17 Jul, 2025 @ 13:00

Business & Finance·Lead

Spain’s government approves BBVA takeover of Sabadell Bank but with massive strings attached

SPAIN’S government will allow the €11 billion BBVA hostile takeover of Sabadell Bank to go ahead but under strict conditions that could see the bid

24 Jun, 2025 @ 15:05

Business & Finance·Lead·National News

Spain drops out of foreign investment top 10 over ‘squatter problem and red tape’

HIGH taxes, squatters, and bureaucracy are some reasons touted as to why Spain has dropped out of a top 10 list for short-term foreign investments.

23 Jun, 2025 @ 15:48

Business & Finance·Lead·National News

Carrefour to open 100 new stores in Spain during 2025, creating 700 jobs

CARREFOUR will open 100 new stores in Spain this year which it says will create 700 jobs. The announcement comes weeks after its fellow French

12 Jun, 2025 @ 12:00

Business & Finance·Lead·National News

Streaming giant Netflix announces €1 billion investment in new films and shows made in Spain

NETFLIX will invest €1 billion in Spanish productions over the next four years. The announcement was made on Tuesday by Netflix co-CEO Ted Sarandos during

10 Jun, 2025 @ 17:30

Business & Finance·Entertainment·Lead

Delivery company Glovo smacked with €329m fine for anti-competitive ‘cartel practices’

FOOD delivery firm Glovo and its parent company, Delivery Hero, have been fined €329 million by the European Commission for operating a cartel. They carved

4 Jun, 2025 @ 14:45

Business & Finance·Lead·National News

Spain’s booming economy still struggles to attract top talent from around the world

SPAIN struggles to attract educated foreign workers, with Spain only receiving 0.04% of all foreign workers that come into the European Union, despite the country

2 Jun, 2025 @ 11:45

Business & Finance·Lead

Pension error in Spain: Supreme Court rules some retirees could be owed €4,000

A SPANISH Supreme Court ruling has said that many pensioners can receive compensation that can exceed €4,000. The reason for the compensation is because many

2 Jun, 2025 @ 10:41

Business & Finance·Lead·National News

Another Spanish supermarket chain falls as Spain's supermarket wars heat up

Another Spanish highstreet chain falls as Spain’s supermarket wars heat up

A REGIONAL supermarket chain that once had over 600 shops in Spain has announced its closing down. El Arco is pulling down the shutters in

29 May, 2025 @ 14:56

Asturias·Business & Finance·Lead

View Of The Bank Of Spain Headquarters (madrid) From Plaza De Cibeles (square).

Bank of Spain director and Pedro Sanchez ally resigns for ‘cooking the books’

A MAJOR scandal has erupted at the Bank of Spain following the resignation of Angel Gavilan, its Director of Economy, just 24 hours after presenting

23 May, 2025 @ 12:45

Business & Finance·Lead·National News

‘Sell your home then rent it back’: Property expert in Spain advises pensioners in need of extra cash

A PROPERTY expert, known on TikTok as @crismasfamilia, has explained a strategy for pensioners to start investing in real estate. “Sell your property and stay

13 May, 2025 @ 14:00

Business & Finance·Lead·Property

Alcampo Supermarkets In Spain Will Use Uk's Ocado To Develop Its Online Sales Operations

Alcampo to close 25 supermarkets to ensure long-term future in Spain

THE French-owned Alcampo supermarket and hypermarket chain is shutting 25 stores in Spain after seeing a slight fall in sales last year. The company said

11 May, 2025 @ 08:00

Business & Finance·Lead·National News

Spain could suffer over €4 billion in losses from historic blackout

SPAIN’S worst-ever blackout, which left millions without power across the Iberian Peninsula, could cost the country as much as €4.5 billion in lost economic output.

5 May, 2025 @ 15:15

Business & Finance·Lead·National News

Spain’s Prime Minister announces ‘public consultation’ over controversial BBVA takeover of Sabadell Bank

PRIME Minister Pedro Sanchez says there will be a public consultation over the hostile takeover of Banco Sabadell by the BBVA bank. Sanchez announced the

5 May, 2025 @ 14:00

Business & Finance·Lead·National News

Experts in Spain call for ‘crisis plan’ after supermarkets record huge blackout losses

A WEEK after the Peninsula’s massive power outage, Spain’s supermarket industry has revealed staggering economic losses and called for a national crisis plan to prevent

5 May, 2025 @ 12:04

Business & Finance·Lead·National News

Vitur Summit 2025 will bring Europe’s top hotel leaders to Malaga

MALAGA is set to host the Vitur Summit 2025 on 7 and 8 May, bringing together over 700 professionals and 100 leading figures from the

4 May, 2025 @ 13:24

Business & Finance·Lead·Malaga

Fresh bid for American flights to tourist area of Spain

VALENCIA president Carlos Mazon held talks in New York on Thursday to get back a direct air link to the United States that ended in

2 May, 2025 @ 13:00

Lead·Valencia

Spain's jobless total dips below 2.5m for first time since 2008

Unemployment rate in Spain rises to 11.4% in largest increase since 2013

THE first quarter of 2025 shows bad figures for the Spanish labour market, according to the Labour Force Survey (EPA). Unemployment is growing rapidly, it

29 Apr, 2025 @ 17:45

Business & Finance·Lead