Business News & Financial News

In Spain 14th October 2026

Unions demand a 7% increase in the minimum wage to €1,306, even as the most common salary in Spain stands at €1,200

The 7% increase they plan to request represents an extra €85 per month for the paychecks of more than 2.5 million workers. This was announced on Tuesday by UGT Secretary-General Pepe Álvarez during a joint press conference with CCOO to introduce the general strike called for next November 11. Álvarez indicated that both organizations will submit their proposed minimum wage update for next year to the Government. The request was…

In Europe 21st September 2026

AfD Also Prevails in Mecklenburg, Where the CDU Is Left Out of the Regional Parliament

The CDU falls by 8.2 points in Berlin and nearly eight in Mecklenburg-Western Pomerania, where it is reduced to 4.9% and obtains the worst regional result in its history. By failing to clear the electoral threshold, this will mark the first time since the founding of the Federal Republic that it is left out of a regional parliament. Alice Weidel’s prophecy is beginning to come true. Following the victory of…

In the World 25th September 2026

Xi asks Trump to be “partners, not rivals” to avoid military conflict

After receiving the Chinese president at the airport, Trump finally met with Xi Jinping yesterday in New York, in a meeting that reflected, in itself, what Xi termed a “common understanding” on several relevant issues, though without reaching an agreement on any of the major core topics: Taiwan, Iran, or artificial intelligence, whose development must remain “always under human control” according to Xi, while Trump defended American leadership in the…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

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