The Corner5d
BBVA obtains authorisation from Mexican Competition Commission for Banco Sabadell takeover bid
BBVA (BBVA) has already received the green light from the Mexican Competition Commission (Cofece) for its takeover bid for ...
The Corner5d
Mortgage lending accelerates in Spain: mortgages taken out grow 60.8% year-on-year in October
Mortgage lending is accelerating in Spain. According to figures from the National Statistics Institute (INE), October was a historic month with a ...
The Corner5d
US launches third package of microchip restrictions, China bans export of certain rare earths and key minerals
Banca March: In the intensifying trade disputes between China and the US, the US has launched the third package of microchip restrictions and China has responded by banning the export of certain rare ...
The Corner5d
ACS, through Turner, forms part of consortium to build data centres for Meta in US for €9.5 billion
Intermoney | ACS (Buy, PO €48), through its US subsidiary Turner, is part of a consortium of contractors that will build a large data centre complex in the US state of Louisiana, which will require an ...
The Corner5d
Spain grows 3.3% year-on-year in 3Q24, but moderation expected in 4Q24 with added difficulty of DANA impact
Bankinter: 3Q GDP (final) grows 3.3% year-on-year (versus 3.4% year-on-year preliminary and 3.2% previous),while in quarter-on-quarter terms confirms 0.8% quarter-on-quarter preliminary (and 0.8% ...
The Corner5d
Sabadell complies with BdE’s minimum requirements for own funds and eligible and subordinate liabilities
Link Securities | Banco Sabadell (SAB) has been notified by the Bank of Spain (BoE) of the decision adopted by the Single Resolution Board (SRB) on the determination of the minimum requirement for own ...
The Corner5d
Bank of Spain warns: Spain growing due to public spending but losing competitiveness with eurozone due to labour costs
Following the latest and controversial revisions by the National Statistics Institute (INE), Spain’s GDP exceeds the pre-COVID level by 5.7%, compared to 4.2% in the eurozone, thanks to public ...
The Corner5d
Meliã makes new asset sale, 25% of two hotels in Punta Cana, for €60 million
Intermoney | According to various media reports, Meliã (Buy, P.O. 9.0) has reached an agreement with Dominican entity Grupo Popular for the sale of 25% of two hotels (Paradisus Palma Real Golf & Spa ...
The Corner5d
Caixabank CEO warns banking tax will reduce volume of credit and make it more expensive
Link Securities | Caixabank (CABK) informed the National Securities Market Commission (CNMV) that the rating agency Fitch Ratings Europe Limited (Fitch) has upgraded the following credit ratings of ...
The Corner5d
Mercosur, “an economic opportunity and a political necessity” for EU, says Von der Leyen, but “an unacceptable pact” for France
Link Securities | The President of the European Commission (EC), Ursula von der Leyen, on Friday in Montevideo closed the trade agreement with the Mercosur countries that the European Union (EU) has ...
The Corner5d
BBVA says competition authorities only identify three issues needing further work in second phase of Sabadell takeover bid
Alphavalue/ Divacons | Peio Belausteguigoitia, BBVA’s country manager in Spain, said that having bigger and stronger banks is beneficial for customers, shareholders and employees. During his speech at ...
The Corner5d
Enagás: ICSID agrees with Enagás in dispute with Peru over GSP and recognises compensation of €186 million
Bankinter | The International Centre for Settlement of Investment Disputes (ICSID) has ruled in favour of Enagás in its litigation against Peru and has ordered the South American country to pay Enagás ...