Shame about the ‘nein’ to a Banking Union
Miguel Ángel Rodríguez, financial analyst at XTB, accuses core euro governments of impeding progress towards a real Banking Union that would stop contagion spreading from public debt risk to credit entities.
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Indra wins €20m contract to expand management system for thirty satellites
The company has developed two telemetry, tracking and command stations and 10 data up-link station. Analysts expect operational profitability to reach 10% by 2015.
Honda’s one million marks milestone in hybrid car market
Cumulative worldwide sales of Honda hybrid vehicles reached one million units.
Spain and the ever higher tax revenue bait
VALENCIA | Economist Ernest Sena reveals data of spending rates that tells a different tale about the Spanish regions: they aren’t as wild and rebels as it has been portrayed. But there is a common mistake to all public administrations, which have used budgets like propaganda tools.
Kissing frogs in Europe: look for the small-cap hidden champions
LONDON | From Standard Life, an optimistic nudge for investors seeking opportunities amidst recession-threatened Europe. Despite the stress the euro zone is under, some small listed companies show resilience and maintain a strong leadership in their sectors.
Telefónica rekindles Bluevia with Telenor’s app platform
The operator groups Telefónica and Telenor, which have a combined reach of more than 400 million customers, have banded together in an attempt to seize control of mobile app payments.
Brazil: it’s not for the want of stimuli
Brazil will invest 53.5 billion euros in infrastructures. The effectiveness of these measures, though, depends on their correct and swift implementation, note CaixaBank analysts.
Heathrow traffic numbers bolster BAA’s expansion plans
Passenger and cargo traffic at Heathrow rose in September. BAA, owned by a Ferrovial-led consortium, took the opportunity to remind the British government of the strategic importance of strengthening London’s largest airport.
SSE completes €308 million acquisition of Endesa’s Irish subsidiary
Spain’s Endesa has sold 100% of its business in Ireland to Scottish and Southern Energy. The operation represents an expansion in market share of 12% for SSE.
German growth model will turn country into “Europe’s sick man” again, Barclays warns
Barclays analyst A. Vigil alerts of the many weaknesses of Germany’s economy behind its current standing as ‘Europe’s savior’.