Articles by The Corner

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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.
Iberdrola Guggenheim

Iberdrola and Microsoft deepen collaboration on energy and artificial intelligence projects

Link Securities | Spanish electricity company Iberdrola (IBE) announced on Tuesday a partnership with Microsoft to deepen their collaboration on energy and artificial intelligence projects. The partnership builds on the success of previous initiatives and includes the signing of two long-term power purchase agreements (PPAs) in Spain, the first that both companies have signed in Europe. The agreement envisages expanding the use of Microsoft’s Azure computing and cloud platform, the…


Spain construction

Absenteeism Skyrockets in Spain: 1.2 Million People Miss Work Daily

The Círculo de Empresarios (Circle of Businessmen) reports that nearly 1.2 million people are absent from their jobs every day, representing a cost to Spain that could now reach up to 5.4% of GDP. The primary driver of this increase is absences due to temporary disability (incapacidad temporal). “The rise in absenteeism is eroding business competitiveness and generating a growing cost for the economy as a whole. It is essential…


BBVA Holvi

EIB Group helps BBVA mobilise around €1.3 billion to finance SMEs, mid-caps, and sustainable housing projects

Alphavalue / Divacons | The EIB Group (comprising the European Investment Bank and the European Investment Fund) invested more than €714 million in two BBVA securitisation transactions, enabling the bank to mobilise around €1.3 billion to finance Spanish SMEs, mid-caps and entrepreneurs, as well as sustainable housing projects. The first is a securitisation of a consumer loan portfolio of approximately €1.1 billion in financing, enabling companies to address their liquidity…


japan best cities tokyo

Tankan index, measuring confidence of large Japanese manufacturing companies, improves despite weak economic growth

Bankinter | The Tankan index, which measures the confidence of large manufacturing companies, improves to 15 points in Q4 2025 (compared to the expected 15 and the previous 14). In the case of Services, it fell slightly to 34 points, in line with expectations (compared to 35 expected and 34 previously). Small manufacturing companies also improved somewhat compared to the previous quarter and recorded better-than-expected figures (6 compared to 2…


china precios 2

Retail sales in China grow 1.3% year-on-year in November, lowest rate since pandemic

Link Securities | According to data from China’s National Bureau of Statistics, retail sales in China grew by 1.3% year-on-year in November (2.9% in October), the lowest rate since the COVID-19 pandemic. The reading was below the 2.9% expected by the FactSet analyst consensus. There was a sharp 19.4% drop in sales of household appliances during the month. Car sales also declined, and sales of essential goods fell slightly. In…


metro nueva york

Empire State Manufacturing Index enters contraction territory in December, falling to -3.9 points against 18.7 in November

Bankinter | Empire Manufacturing (December) below expectations: -3.9 compared to +10.0 expected and +18.7 previously. The indicator, which surveys 200 executives in the manufacturing sector in New York State, is below expectations and enters contraction territory (<0), affected by the fall in New Orders. With regard to prices, the components of prices paid and prices charged declined, pointing to an improvement in inflationary pressures. Also on the positive side, the…


Acciona energia guapa

Acciona Energía to build two new wind farms in South Africa with 194 MW combined capacity, owning 51% of each

Link Securities | The renewable energy company announced that it will begin construction of two new wind farms in South Africa in the coming weeks, with a total capacity of 194 MW. The energy generated by both projects – Zen and Bergriver – will be supplied to Etana Energy, one of the country’s leading energy traders, for the first 20 years of operation. Located between Gouda and Saron in the…


ezentis antenas

Ezentis enters into new contracts worth over €11.8 million

Link Securities | According to the Ezentis Group (EZE), a company specialising in smart solutions in the field of integrated facilities, communications networks and advanced technologies, the company has signed new contracts in Q4 2025 worth more than €11.8 million, strengthening the group’s commercial visibility and progress in the execution of its 2025-2028 Strategic Plan. For its part, Grupo CYS, a subsidiary specialising in communications networks, has been awarded new…


Spanish SMEs provide jobs for 71% of social security contributors

Association of Self-Employed Workers reports government to EC for refusing to apply VAT exemptions for low-turnover freelancers

The Government’s refusal to implement a VAT exemption for self-employed workers with lower income volumes—a measure already implemented in most European Union countries and which was supposed to be approved by January 2025—has led the main self-employed association, ATA, to report the Spanish Executive to the European Commission. The complaint cites the refusal to transpose the community directive modifying the special VAT exemption regime for the self-employed and SMEs—known as…


oryzon

Oryzon to increase capital through cash contributions and with exclusion of pre-emptive subscription rights, for effective amount of up to €125 million

Link Securities | Oryzon’s Extraordinary General Shareholders’ Meeting has approved, among other matters, a capital increase of up to €125 million, as reported by the company through the National Securities Market Commission (CNMV). Specifically, it has approved “a capital increase, through cash contributions and with the exclusion of pre-emptive subscription rights, in an effective amount of up to €125 million and delegation to the Board of Directors of the power…