Brazil’s economy grew by 0.5% in the second quarter. According to market expectations, an upswing in activity as from the third quarter should come in but there will also be more pressure on prices, CaixaBank research notes.
The company has been recognised as the energy company with the best environmental performance in 2012. For the second consecutive year, Repsol leads the Green Ranking of the energy sector that evaluates environmental practices of the world’s top 500 major listed companies.
Enric Fernández, in Barcelona | In spite of their differences, both candidates are aware that the country needs a credible adjustment plan. And, in fact, neither the United States nor the world economy can allow themselves to prolong, for too long, the uncertainty regarding the sustainability of the public finances of the world’s leading economy.
Moving away from traditional web pages. “Companies can resolve their queries easily and in real time,” Banco Sabadell affirms, “and for the bank it represents an excellent tool for communication.”
MADRID | Without the debt mutualisation well organised single-currency unions have, the euro zone is nothing but a bunch of weak links. Citi strategist JL Campuzano advocates for deeper budget consolidation now, for economic growth in the near future.
In peripheral countries such as Greece, Portugal, Italy and Spain, the political class has been clearly overwhelmed by the crisis and its devastating effects, says commentator Carlos Díaz Güell.
MADRID | Ferrovial reinforced its international footprint. Sales outside Spain accounted for 63% and international projects accounted for 63% of the combined Construction and Services backlog, which totalled 22.460 billion euro.
British retailer marks & Spencer advances plans to rebuild its presence in continental Europe using online shopping, from core euro zone’s Germany to peripheral Spain.
Japan is slowing down and faces a second half of 2012 with weak activity, CaixaBank research shows. The fact that the nuclear switch-off will increase the cost of energy imports doesn’t help.
Large institutional investors such as Pimco have publicly acknowledged their interest in Spanish debt, precisely because of the ECB buying program, but it remains to be seen whether the foreign interest is consolidated.