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Business news in Madrid

Today 07:10Madrid hopes ECB appointment leads to wider EU role    ( Financial Times )
Spain's long campaign to secure at least one senior job in the main decision-making bodies of the EU is set to come to fruition this week, with its finance minister poised to secure the vice-presidency of the European Central Bank. Luis de Guindos is on track to win support for the job at the Eurogroup ...
Yesterday 15:50What the Price of Iberian Ham Tells Us About Spain's Economy    ( Wall Street Journal )
“Here in Spain, if you want to give a gourmet food party, Iberian ham is a must,” says the lawyer, walking out of a high-end ham shop in Madrid's toniest shopping district, with some slices of the acorn-fed variety. “It's superb.” Pork producers and buyers argue prices will remain high, helped in part by 2014 ...
02/17/2018 08:10Launch of Falcon 9 rocket from Vandenberg AFB delayed a day    ( KSBY San Luis Obispo News )
... base officials announced Friday. The first SpaceX launch of the year from Vandenberg is now scheduled to liftoff Sunday at 6:16 a.m. from Space Launch Complex-4. Base officials say the PAZ satellite will be headed for Hisdesat of Madrid, Spain - the Spanish government satellite services company.
02/16/2018 23:15This week on "Sunday Morning" (Feb. 18)    ( CBS News )
Full episodes of "Sunday Morning" are now available to watch on demand on, and CBS All Access, including via Apple TV, Android TV, Roku, Chromecast, Amazon FireTV/FireTV stick and Xbox. The show also streams on CBSN beginning at 9:30 a.m. ET and 1 p.m. ET.
02/16/2018 19:15Why Raiola's mischief could have cost Pogba any chance of leaving Manchester United for Real ...    ( Daily Mail )
There is a growing suspicion in Spain that Real Madrid's reticence in the transfer market over recent seasons and the redirection towards younger, cheaper players has not been a change in philosophy, more a facing up to the need for a €400m revamp of the Bernabeu and the current difficulties in ...
02/16/2018 18:15Madrid scores with SRI bond, coaching others on tactics    ( GlobalCapital )
The Autonomous Community of Madrid this week made a triumphant second visit to the socially responsible investment (SRI) market as it printed a deal double the size of its debut last year. Further issuance from the borrower — in conventional and SRI format — is likely to come soon, although in private ...
02/16/2018 12:20Ardor (ARDR) Quietly Making Progress in 2018    ( Crypto Gazette )
In the digital currency market, there are many projects which try to bring something new to the cryptocurrency market. Ardor (ARDR) is one of the digital currencies in the market that strives to bring a new phase in the blockchain technology used in business platforms. It first places itself as a digital coin ...
02/15/2018 16:20Chinese billionaire sells stake in top soccer club Atletico Madrid    ( CNNMoney )
His company, Dalian Wanda Group, has agreed to sell its 17% stake in top Spanish soccer club Atletico Madrid. The team announced the ... The Atletico Madrid stake is going to Quantum Pacific Group, a global conglomerate led by Israeli billionaire Idan Ofer, for an undisclosed sum. Quantum Pacific is ...
02/15/2018 02:10She means business! Queen Letizia looks chic as she arrives armed with notes for a meeting with ...    ( Daily Mail )
As a former journalist, it's no wonder Queen Letizia of Spain takes a thorough approach to the causes she's affiliated with. And the monarch, 45, certainly looked as if she meant business this morning as she arrived for a meeting in Madrid, armed with several sets of bound notes. The mother-of-two was ...
02/14/2018 19:15China's Wanda Sells Stake in Atletico Madrid Soccer Club    ( Variety )
Dalian Wanda has sold a 17% stake in leading Spanish soccer club Atletico Madrid – part of the Chinese property and entertainment group's ongoing retreat from many of its foreign businesses following a crackdown by the Chinese government. The divestment is also part of its process of debt reduction ...
02/14/2018 17:20ZTE AXON M foldable double-display smartphone announced in Spain    ( Firstpost )
Chinese multinational telecommunications company ZTE has launched a foldable, double-screen smartphone at an event held in Madrid, Spain. Axon M Foldable smartphone. Called "AXON M", the high-end smartphone has an innovative design with two 5.2 inch screens, which can either be folded out ...
02/14/2018 15:15Debt Collectors Are Wearing New Hats in Spain    ( Bloomberg )
For a debt-collection industry that's clearly linked to the ebb and flow of Spain's economy, the return to the good times has advantages and disadvantages, said Ocana in an interview in his Madrid office adorned with hunting trophies including the mounted tusks of Namibian elephants. While periods of ...
02/14/2018 04:10For a change, defense could be key for Madrid's CL success    ( Virginian-Pilot )
... Real Madrid's 5-2 victory. (AP Photo/Francisco Seco). Francisco Seco. Facebook · Twitter · Email; Print; Save. For a change, defense could be key for Madrid's CL success. Real Madrid's Cristiano Ronaldo, center, smiles next to Luka Modric, left, during a training session in Madrid, Spain, Tuesday Feb.
02/14/2018 03:15China's ZTE launches foldable double-screen smartphone in Spain    ( Xinhua )
MADRID, Feb. 13 (Xinhua) -- Chinese multinational telecommunications company ZTE launched its new smartphone AXON M in Spain at an event held in Madrid late Tuesday. The high-end smartphone has an innovative design with two 5.2 inch screens, which can either be folded out to convert the ...
02/13/2018 21:20'I wouldn't like to see Neymar in a Real Madrid shirt', admits Spain's prime minister and fan Mariano ...    (International Business Times UK)
'I think Neymar will go to Real Madrid' says Spanish club's U19 coach Guti about PSG star - International Business Times UK
02/13/2018 17:20Ryanair says cutting fares 30 pct to fill Catalonia flights    ( Reuters )
“To fill the aircraft we had to lower the fares (for flights to Barcelona) very significantly,” O'Leary told a press conference in Madrid. “The fares are significantly lower as we approach the summer than they were last year,” he said, though demand for travel to Madrid remained strong. Capacity in Spain has ...
02/10/2018 17:15Real Madrid news: David De Gea will issue contract demand to Man Utd - Guillem Balague    ( )
... will issue contract demand to Man Utd - Guillem Balague. MANCHESTER UNITED goalkeeper David De Gea wants a release clause included in a new contract amid interest from Real Madrid. By James Benson. PUBLISHED: 22:46, Fri, Feb 9, 2018 | UPDATED: 22:46, Fri, Feb 9, 2018. Play Video.
02/10/2018 11:10Spain's Acciona, Contour Global in talks over energy assets    ( Nasdaq )
MADRID, Feb 9 (Reuters) - Spanish engineering and renewable energy company Acciona and Britain's Contour Global are in talks about a possible deal for the Spanish company's solar power plants, the companies said separately on Friday. Contour Global is negotiating with Acciona about the ...
02/09/2018 23:10Burnt Banco Popular investors contest 'flawed' rescue valuation    ( Reuters )
FRANKFURT (Reuters) - European authorities used a “flawed” negative valuation for the sale of Spain's failing Banco Popular last year which undermined the process, a law firm seeking redress for investors who lost money on ... A woman leaves a Banco Popular branch in Madrid, Spain, June 6, 2017.
02/09/2018 17:15Burnt Banco Popular's investors contest 'flawed' valuation    ( Reuters )
FRANKFURT (Reuters) - The sub-zero valuation used by European authorities when auctioning off Spain's failing Banco Popular last year was “flawed” and casts a shadow over the process, a law firm representing some ... A woman leaves a Banco Popular branch in Madrid, Spain, June 6, 2017.


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