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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.
oryzon

Companies 12th March 2026

Oryzon strengthens global patent protection in Mexico for iadademstat

CdM | Oryzon Genomics has announced that the Mexican Patent Office has issued a decision to grant patent application MX/a/2021/011610, entitled ‘Combinations of iadademstat for cancer therapy’. The approved claims protect the use of iadademstat in combination with PD1 or PD-L1 inhibitors for the treatment of cancer, including small cell lung cancer (SCLC). Once formally granted, the patent is expected to provide protection until at least 2040, not including possible…

petroleo esg

In the World 12th March 2026

IEA proposes largest ever release of over 182 Mbd of oil reserves, exceeding 2022 releases due to invasion of Ukraine

Link Securities | According to The Wall Street Journal, sources familiar with the matter say that the International Energy Agency (IEA) has proposed the largest release of reserves in its history to lower oil prices, which have skyrocketed during the US and Israeli military conflict with Iran. According to some officials, the release could exceed the 182 million barrels of oil that EIA members put on the market twice in…

telefonica gran via

Companies 12th March 2026

Telefónica completes Altim acquisition for around €30 million

Link Securities | Telefónica (TEF) has completed the acquisition of Altim, a consulting firm specialising in the customisation of SAP business software for clients, for a total valuation of around €30 million, according to Expansión. The acquired company, which is headquartered in Las Rozas (Madrid), is primarily engaged in the implementation of customised solutions for the business market based on the business management system of the German company SAP. The…

indra edificio 2

Companies 12th March 2026

Indra signs agreement to integrate engineering consultancy Tresca into its global supply chain

Alphavalue/Divacons | The Spanish IT services and consulting company has signed a letter of intent with León-based engineering consultancy Tresca to integrate it into its global supply chain. This strategic alliance will allow the Spanish technology company to rely on Tresca’s product and development capabilities in both the domestic and international markets, according to a statement issued by the company on Wednesday. Indra: Reduce, Target Price €57/share.

redeia fachada

Companies 12th March 2026

S&P downgrades Redeia’s long-term credit rating to ‘BBB+’ from ‘A-’, maintaining ‘stable’ outlook

Link Securities | In relation to the information published yesterday by the credit rating agency Standard & Poor’s, Redeia (RED) reports that the agency has decided to downgrade Redeia’s long-term credit rating to ‘BBB+’ from ‘A-’, maintaining a “stable” outlook. With this decision, the agency resolves its ‘CreditWatch negative’ of 26 June 2025. Following this announcement, Redeia and Red Electrica de España, Sociedad Anónima Unipersonal change their long-term rating to…

prosegur nueva

Companies 12th March 2026

Prosegur, in joint venture with ESC Servicios Generales, wins Adif contracts worth €26.6 million in Andalusia and Extremadura

Link Securities | Ilunion and Prosegur have been awarded the three largest contracts tendered by Adif for surveillance and security in passenger stations, freight terminals, technical and administrative buildings and railway infrastructure, worth a total of €97 million. According to the minutes consulted by Europa Press, Iliunion has won two of the six lots (Madrid, Castilla La Mancha, Catalonia and Aragon) for €70.2 million. Prosegur, with the joint venture it…

Spain economy linda

Spanish economy 12th March 2026

Brussels calls for CJEU to fine Spain for failing to apply VAT exemption directive for SMEs and self-employed

Firstly, the Commission reproaches Spain for failing to incorporate the rules that update the VAT regime applicable to small and medium-sized enterprises (SMEs)—a reform adopted in 2020 with the aim of simplifying the tax obligations of these companies and reducing competition distortions within the internal market. The EU Executive explains that although Spain has indicated it does not intend to apply the VAT exemption for SMEs and the self-employed with…

BBVA Argentina

Companies 11th March 2026

BBVA close to agreement with Raiffeisen Bank International to sell Romanian subsidiary it controls through Garanti

Link Securities | According to the Romanian newspaper Ziarul Financiar, Raiffeisen Bank International is set to be the bank that will ultimately purchase BBVA’s Romanian subsidiary, which it controls through Garanti, Expansión reported yesterday. BBVA and Raiffeisen have declined to comment. Negotiations initially began with ING, although ultimately, the bank is more inclined to close the sale with Raiffeisen. The decision to sell will be made on Monday, according to…

Alemania Economia

In Europe 11th March 2026

Germany’s trade surplus grows to €21.2 billion in January (against €17.4 billion previously), while France reduces deficit by remarkable 55.8% to €1.9 billion

Singular Bank | According to Destatis, in January, German goods exports fell by 2.3% compared to the previous month (against an increase of 3.9% in December), standing at €130.5 billion. Meanwhile, imports of goods recorded a notable drop of 5.9% month-on-month (against an increase of 1.3% in December) to a total of €109.2 billion. Given this development, Germany’s trade surplus increased to €21.2 billion (against €17.4 billion in December), exceeding…

Airbus nuevo

Companies 11th March 2026

Airbus: 54 aircraft delivered so far this year, 77 orders recorded

Banc Sabadell | Airbus (AIR) announced on Monday after the market closed that it delivered 35 aircraft in February (against 40 in February 2025 and 25 in January 2025), bringing the total number of deliveries in 2026 to 54 (against 65 in 2025, 17% lower). On the other hand, a total of 28 new orders and no cancellations were recorded during the month. Thus, net orders in 2026 stand at…