The Corner, Author at The Corner

Articles by The Corner

The Corner

The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

Relevant News Item 17th January 2025

HBX Group expects to be listed on Continuous Market on 12 February with €5-6 billion valuation

Link Securities | The tourism company formerly known as Hotelbeds and dedicated to the sale of hotel rooms and flats to tour operators and travel agencies, will announce this morning its intention to start trading on the Continuous Market by filing with the National Securities Market Commission (CNMV) the document known as ITF (intention to float), as indicated by several market sources to the newspaper Expansión. The tentative timetable for…

In the World 16th January 2025

ACS subsidiary Turner builds $780m state-of-the-art stadium in New York City

Link Securities| Turner Construction, the US subsidiary of ACS (ACS), has officially begun construction of Etihad Park, a $780 million state-of-the-art stadium in New York, which has been fully financed by New York City FC, according to Bolsamania on Wednesday. The developer says Etihad Park is poised to become a turning point for football fans and the local community as the first professional football-specific stadium in New York City. The…

European economy 16th January 2025

Minor Hotels (formerly NH) plans to increase hotel portfolio by 15% by 2025 and expand into UK, France and Nordic countries

Alphavalue / Divacons | The hotel chain expects to close 2024 with a revenue increase of close to 10% and an increase in recurring EBITDA of between 15% and 20%. This was announced yesterday by its new CEO, Gonzalo Aguilar. At a meeting with the press in Madrid, the executive stressed that the company is moving towards an “Asset light” model, based on management and franchising, balanced with ownership, with…

In Spain 16th January 2025

Housing Ministry leaves 60% of budget -€2.4 billion-unspent

In the 2023 electoral campaign, the President of the Government, Pedro Sánchez, committed to the construction of 184,000 homes, about which there has been no further news. Apparently, only 5.5% of those already built and pending sale in the so-called ‘bad bank,’ a result of the financial crisis, have been delivered. So this week he has intensified announcements with twelve measures (https://goo.su/dwcN2Cq ) that aim to alleviate a problem that…

Relevant News Item 16th January 2025

Michael J. Fox Foundation donates Grifols $21 million to research new diagnostic tools for Parkinson’s disease

Link Securities | The Catalan blood products company has received a $21 million grant from the Michael J. Fox Foundation (MJFF) for Parkinson’s Disease Research to identify plasma-based biomarkers that could indicate a person’s likelihood of developing Parkinson’s disease (PD) “many years before” clinical diagnosis. The initiative, dubbed ‘Chronos PD’, could accelerate the discovery of new diagnostic tools, as well as the identification and development of novel therapies that modify…

In the World 15th January 2025

IEA foresees global oil overproduction over next two years, mainly from US

Bankinter | The International Energy Agency estimates that there will be global overproduction of oil over the next two years. Specifically, it estimates that world production will rise to 104.4Mbd in 2025 vs. 104.2Mbd previously. This supply contrasts with demand expected to reach 104.1Mbd vs. 104.3Mbd previously. Analysis team’s view: Negative news for oil. Moreover, it reaffirms our opinion: oil prices will moderate in the coming years due to the…

In Spain 15th January 2025

Price of housing rises 4.6% in Spain in 4Q24

Link Securities | According to Tinsa’s IMIE General and Large Markets index, the price of housing in Spain rose by 5.5% in December in year-on-year rate, the Expansión newspaper published yesterday. The final figure for December puts the year-on-year change in house prices in 4Q2024 at 4.6%, two tenths more than the provisional 4.4% published on 30 December in the IMIE Local Markets statistics. In the annual accumulated, all groups…

In the World 15th January 2025

Acciona wins €324-million contract in Brazil for deployment of sewerage services in 48 municipalities in Paraná state

Alphavalue/Divacons | The Spanish alternative energy company was awarded a contract by Sanepar (Sanitation Company of Paraná) for the concession of sanitary sewerage services in 48 municipalities in the West and Central-East micro-regions of the state of Paraná, in southern Brazil. The public-private contract, worth €324 million, includes investment in sanitation infrastructure, including sewerage networks, pumping stations and wastewater treatment plants, as well as the operation and maintenance of these…

In Spain 15th January 2025

New Government Housing Plan, with tax penalty for purchases by non-EU citizens

The Government is considering a special tax or a surcharge on the Transfer Tax to limit the acquisition of houses in Spain by non-resident non-EU foreigners, who mainly buy along the coast. Non-resident foreigners purchase 55,000 houses per year, compared to the 90,000 that are built. This is one of the most innovative measures of the housing plan that the President of the Government, Pedro Sánchez, announced on Monday in…

In Europe 14th January 2025

Talgo among Richard Branson’s candidates to order 12 trains to operate Eurotunnel

Link Securities | Virgin Group, Richard Branson’s group, is analysing models from Talgo and three other companies (Alstom, Siemens and Hitachi) to incorporate a dozen trains to start operating on the cross-Channel rail link, the Eurotunnel, Expansión newspaper reports today. The British company is leading a project that foresees an investment of €1.2 billion. The British regulator has yet to decide how much space there is for new operators. Virgin…

1 2 3 … 1,053 »

Articles by The Corner

About the Author