Top Stories

Articles by The Corner

About the Author

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.
Sabadell BBVA

Companies 26th September 2025

CNMV authorises BBVA’s improved Sabadell takeover bid, acceptance period extended until 10 October

Link Securities | On 25 September 2025, the National Securities Market Commission (CNMV) has agreed to authorise the modification of the characteristics of the voluntary takeover bid for Banco Sabadell shares made by BBVA, which was authorised by the CNMV on 5 September 2025. In accordance with the content of the registered documentation, the modification of the offer consists of an improvement in the mixed consideration offered, with a change…

airbus cartel 1

Companies 26th September 2025

Airbus on track to meet delivery targets for fiscal year 2025

Deutsche Bank | Christophe Menard: Airbus (AIR) is on track to meet its delivery targets for fiscal year 2025, with preliminary September figures reflecting the strong performance in 2018, indicating a recovery in deliveries of the A320 family. At the same time, efforts continue to consolidate European space activities into a joint venture involving Airbus, Leonardo and Thales. This initiative aims to create a European leader, improve profitability and reduce…

Aena nuevita

Companies 26th September 2025

Aena’s second-largest shareholder asks company to maintain current governance model to not undermine investor confidence

Bankinter | TCI, Aena’s second-largest shareholder (6% of capital) after the government (51%), demands a forceful defence of the airport management model. On the one hand, it is calling for the company to ensure proper remuneration for regulated investments for the five-year period 2027-2032, which it sees as risky. On the other hand, it is demanding that the company maintain the centralised airport management model and not hand it over…

caf cartel fachada

Companies 26th September 2025

CAF defends in statement that Jerusalem light rail contract not in violation of human rights

Renta 4 | CAF has announced the planned inclusion of the company in the UN database of companies for its participation in the Jerusalem light rail project. This document includes companies that participate, directly or indirectly, in some of the activities listed in the annual report of the United Nations High Commissioner for Human Rights. It should be noted that the project, awarded in 2019 through a 50-50 joint venture…

spanish PM pedro sanchez

In Spain 26th September 2025

Sánchez Goes Back on His Word Again, Now Saying He Will Seek a Third Term

On September 1, 2014, Pedro Sánchez announced that the PSOE (Spanish Socialist Workers’ Party) would hold a convention on democratic renewal in which, among other measures, his party would propose limiting the terms of Prime Ministers to two legislatures, a maximum of eight years. This initiative was intended to “banish the old politics of always.” It followed the self-imposed term limits of José María Aznar—who chose not to continue after…

alemania germany ZEW

In Europe 26th September 2025

Germany’s business climate index, compiled by IFO institute, falls to 87.7 points in September

Link Securities | Germany’s business climate index, compiled by the IFO institute, fell to 87.7 points in September from 88.9 points in August, significantly below the 89.2 points expected by FactSet analysts. September’s reading is the lowest for this index since last May. It also represents the sharpest monthly decline in the last 12 months, reflecting growing pessimism among German companies.In September, the sub-index reflecting German companies’ expectations fell to…

Telefonica novisima

Companies 25th September 2025

Telefónica invests €77 billion in deployment of sustainable infrastructure

CdM | Telefónica (TEF) continues to make progress on the Sustainable Development Goals (SDGs) it launched a decade ago and on Thursday announced that over the last ten years it has invested a total of €77 billion in the deployment of sustainable, resilient and high-quality infrastructure and services, ‘which have facilitated the inclusion of use and access, the creation of quality employment and the economic development of the societies in…

inmobiliario oficina

In Spain, Spanish economy 25th September 2025

Home sales in Spain grow strongly -up 13.7% in July- supported by lower financing costs

Bankinter | Home sales in Spain were up 13.7% in July (year-on-year) versus 17.9% in June, to 64,730 units. The cumulative total for 2025 is 18.6%. Bankinter analysis team’s view: Good news. Transactions are growing strongly, supported by lower mortgage financing costs and with the impact of tariffs on the Spanish economy still very moderate. We are revising our estimates for housing transactions upwards to 10% in 2025 (against a…

Repsol nueva

Companies 25th September 2025

Repsol negotiates sale of stake in Pikka, while talks with Aramco on renewables stall

Banc Sabadell | Pertamina Hulu Energi, a subsidiary of Indonesian state-owned company Pertamina, is in final negotiations to acquire 12.5% of the Pikka project in Alaska for $1 billion (€847 million/5% capitalisation), according to press reports. Repsol (REP) owns 49% of the project, while the Santos group controls the rest. On the other hand, Reuters reports that negotiations between Aramco and Repsol for the purchase of 25% of its Renewables…