Business News & Financial News

Spanish economy 3rd September 2026

Housing in Spain: the gap between asking prices and final sale prices stands at 29%

This difference serves as a solid indicator of the discount demanded in the market. Idealista.com, Spain’s largest property listing platform, projects the seller’s asking price—which is almost a wishlist—whereas notary records (notaries are always present at the closing of a deal) record the actual final price paid, which sits roughly 29% below the original listing price. According to the chart compiled by spainhousing.eu: Left axis (line): Housing price in euros…

Shorts and shares on credit, a problem of information

European economy 31st August 2026

Share buybacks reach a new record in Europe ($17 billion in August and $170 billion year-to-date), keeping stock markets at record highs

According to analysis by Morgan Stanley, share buybacks in Europe reached approximately $17 billion in August, making it the highest August on record (+14% year-on-year). Year-to-date cumulative buybacks in Europe have now risen to ~$170 billion, an all-time high and 12% above the previous record. Measured in U.S. dollars, the largest programs include: Shell: program exceeding $7 billionNovartis: over $6 billionBP: over $3.5 billionUBS, TotalEnergies, and SAP: over $3 billion…

World economy 3rd September 2026

Solar energy is now the primary source of installed power capacity in China, overtaking coal for the first time

Solar power has become the leading source of installed electricity capacity in China, surpassing coal for the first time in a major milestone for the Asian giant’s energy transition, according to information reported by Bloomberg. As of the end of July, China reached 1,286 gigawatts (GW) of solar capacity, accounting for 31.5% of its total generation capacity—just one month after solar was still 1 GW behind coal. According to 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…

…in the last week