BBVA to proceed with Sabadell takeover bid, despite government’s conditions
Spain’s BBVA said on Monday that it would be moving ahead with its hostile takeover bid for smaller rival Sabadell, despite the government effectively blocking
Test
Business
Spanish government says BBVA must keep Sabadell separate for 3 years as takeover condition
Spain’s BBVA will be required to maintain Banco Sabadell and itself as separate entities for at least three years and safeguard existing jobs, according to
Iberia Airlines to launch new flight routes to cities in US, Canada, Brazil, Mexico
Spanish airline Iberia has announced its intention to expand its fleet of long-haul aircraft from the current 45 to 70, allowing it to boost flight
EU Investment Bank pledges €1.6bn for Bay of Biscay power link connecting Spain & France
The European Investment Bank (EIB) has announced a funding package of 1.6 billion euros to support a major electricity interconnection project linking France and Spain
Bank of Spain downgrades country’s GDP growth due to US tariffs uncertainty
Uncertainty from US President Donald Trump’s tariffs, and the risk that they result in a global slowdown, has forced Spain’s central bank to downgrade its
Netflix to invest more than a billion euros in Spain over next four years
The US streaming giant Netflix has said that it is going to invest €1.1 billion in productions in Spain between 2025 and 2029, which has
Spain’s Aena gets green light for €3.2bn expansion of Barcelona-El Prat airport
The Catalan government has given approval for Spain’s airport operator Aena to carry out a 3.2 billion euro expansion of Barcelona airport – officially the
Unemployment in Spain drops below 2.5 million for first time in 17 years
May typically brings a surge of optimism for Spain’s labour market, as businesses gear up for the busy summer period with a fresh wave of
EU hits food delivery company Glovo with multimillion euro fine
The European Union has imposed a hefty fine totaling €329 million on the German food delivery firm Delivery Hero and its Spanish subsidiary Glovo for
Trump and Von der Leyen agree 9 July deadline to reach US-EU tariff deal after 50% threat
US President Donald Trump said on Sunday that he would hold off on implementing the proposed 50% tariffs on the European Union until 9 July,
