China: improvement is expected for the second half of the year
Trade records disappointed, with exports growing just 1%. But expansionary policies continue to boost growth, note analysts at CaixaBank.
Articles by The Corner
About the Author
The Corner
The Corner
Investment managers do not lurk in the shadows!
Richard Saunders, chief executive at the Investment Management Association, calls for clarity on which entities are or are not ‘shadow banks’. Saunders makes the point that asset managers are not the same as banks because they don’t pose any systemic risk.
The bailout and Spain: a guide, so far
Luis Martí, former World Bank director, briefs us about the map of a no-one’s land where the Spanish government seems to be wandering in search of Brussels help to face its financial needs.
Telefónica joins Lisbon Council to launch StartUp Europe
The collaborative project aims at halting current “brain drain,” which is “crucial to Europe’s future leadership in technology and innovation,” Telefónica said.
The European temptation of taxing the rich
Something common to all euro zone countries is the habitual use of tax avoidance strategies by the wealthy. Ever higher tax rates on large fortunes can now be popular among ordinary taxpayers, but could do more harm to the economy than good, believes Carlos Díaz Guell.
US business to business default rate 2.6% higher than in Europe
The Atradius Barometer, a survey of B2B suppliers of products and services in North America found that, on average, 5.3% of the value of receivables is written off as uncollectable. This compared to 4.0% one year earlier.
Agroman grabs new €30 million highway contract in Puerto Rico
Through subsidiary Ferrovial Agroman, Ferrovial is to build a section of Highway PR-9 in the municipality of Ponce, the second-largest city in Puerto Rico.
Brussels uncertainty is killing the chance of a Spanish recovery
BARCELONA | While macroeconomic estimates are revised downwards in Madrid and elsewhere, CaixaBank analysts point the blame finger at the seeming inability of euro zone big deciders to come to terms with the urgent fiscal and banking union.
Spain’s Amadeus broadens IT service in Germany, Austria, Switzerland
MADRID | More airlines are expanding their selling extra services added to travel tickets, with almost twice more companies now using IT solutions to increase offers than five years ago.
Ignore our digital natives at your peril
Did you know that at O2, 20% of the workforce is under the age of 25? Ann Pickering, human relations head at Telefónica UK, sees a generation with the necessary skills to pull the British economy out of recession. Her view may even be applicable to the rest of the European Union.