BBVA Boosts Profits By 31.5% In 2016; Will Pay Full Cash Dividend
BBVA said on Wednesday that net attributable profit rose 31.5% to 3.475 billion euros in 2016 from a year earlier, the highest figure since 2010.
BBVA said on Wednesday that net attributable profit rose 31.5% to 3.475 billion euros in 2016 from a year earlier, the highest figure since 2010.
Issuing decrees is the new tweeting. So far Trump’s pattern has been clear: focus on easy targets first using a very simple rule of thumb: use the trade balance to tell apart US friends from US foes. Hence despite the outcry, the economy and markets are gaining traction.
Spanish business woman Alicia Koplowitz has made an initial investment of 2 million euros in wind turbine manufacturer Gamesa via her sicav. The move comes at a time when Gamesa and Germany’s Siemens are involved in merging their wind energy business.
Assuming that Trump’s getting US presidency has turned global establishment upside down, markets are under currents of diverging US, but not leaving aside domestic factors. In the case of Asian, on one hand, the likelihood of stronger US data leading to higher USD rates is pulling Asia rates higher, as reported by BoAML. On the other hand, flush local liquidity conditions, lackluster pick up in domestic demand and easing stance of Asian central banks are pushing Asian rates lower.
Abertis’ French subsidiary, Sanef, has reached an agreement with the French government to implement a new €147 million investment programme to modernise its network. It exchange, it has secured anual tariff hikes from 2019 to 2021.
Fernando Rodríguez | Ignacio Gómez-Montejo is the director of ICR Institutional Investment, manager of Equity Arbitrage, the only fund of funds Hedge Fund which is continuing to sell products in this category in Spain. He knows very well Spanish investors behaviour given his 25 years long experience in the financial sphere.
Yiannis Mouzakis via Macropolis | Often, the decisions taken by the eurozone that shaped the Greek crisis at pivotal moments and sealed the country’s fate were defined by the limitations that the decision makers were facing and not the approach that would have produced the optimal result.
On January 25, the rise in the wholesale price of electricity in Spain exceeded 100 euros per megawatt-hour, its record level. For many years, how electricity prices in Spain have been established has been a total nonsense, since the electricity pool functions like a marginal market. A division of the Supreme Court has decided to start proceedings to find out what the reasons are for the successive increases in electricity bills.
These words of José de la Cruz Porfirio Díaz Mexican general and politician who served seven terms as President of Mexico between 1930 and 1915, fit pretty well now that Mexico is being threatened by more US trade protectionism.
In general, the economic policies announced by Mr. Trump champion “strong capitalism”, where success is awarded and the reverse, which should be a good thing. But Ahorro Corporacion does not agree that the protectionist measures announced, which in their view imply increased regulation, limit competition and so the efficient assignation of resources, are positive. Analysts have tried to quantify the possible outcome for Spanish companies.