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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.
unemployment office

In Spain 28th April 2025

Unemployment rate surprises negatively in Q1 2025: number of employed moderates, unemployed increase 7.5%

Bankinter | The unemployment rate stands at 11.36% in Q1 2025, compared to the 10.7% expected and the previous 10.61%. The number of employed workers decreases to 21.8M (down 92.5 thousand people since Q4 and up 515.4 thousand people year-on-year). The number of unemployed increases to 2.8M people (up 193.7 thousand people in the quarter and down 188.7 thousand year-on-year). Analysis team opinion: The unemployment rate surprises negatively, with a…

España deuda publica

Spanish economy 28th April 2025

‘Invest in Spain’ Forum, with 75 companies from 25 countries to attract investment held in Spain

Representatives from 75 companies from 25 countries will attend the meeting, of which 20 are American, with investments in Spain or in the process of having them. They will speak with national companies and members of half a dozen ministries and autonomous communities about the projects they are interested in. The government denies that, for the moment, a slowdown in trade relations with the US has been noticed, stating that…

InmoColonial

Spanish economy 28th April 2025

Colonial’s investment in Deeplabs not to detract from REIT’s traditional model

Banco Sabadell: The company announced at closing an investment of €200 (6% of capitalisation) in Deeplabs, a rental platform in the science and innovation (S&I) segment. The agreement foresees an alliance with Stoneshield to jointly manage a REIT in which new capital will enter to increase the asset base, which will initially be €400 million (of which Colonial holds 90% or the equivalent of 3% of the asset portfolio) but…

bbva sabadell

Spanish economy 27th April 2025

CNMC could approve BBVA’s Sabadell takeover bid on Monday

Link Securities | The National Markets and Competition Commission (CNMC) expects to approve next Monday, 28 April, its opinion on the takeover bid launched by BBVA for Banco Sabadell (SAB), according to sources close to the process, the Efe news agency reported. The work of the CNMC has been well advanced for weeks and now the result of the market test initiated at the beginning of the month to approve…

salarios recurso

European economy 27th April 2025

ECB says wages in Europe grew 4.8% in 2024, 3.1% expected in 2025

Intermoney | The ECB’s wage monitoring report continues to show that pressures on negotiated wages will ease over the course of the year. The ECB’s wage monitoring report continues to indicate that pressures on negotiated wages will diminish over the year. In particular, it pointed to a growth rate of negotiated wages, including exceptional payments spread over time, of 4.8% in 2024 (with an average coverage of 48.8% of employees…

petroleo extractora

In the World 25th April 2025

Several OPEC members considering production increase from June onwards

Bankinter | OPEC could accelerate production increase in June. According to press reports, several members are considering an increase in production. As a reference, OPEC will increase its production by 138,000bd in April and 411,000bd from May onwards. OPEC has the objective of bringing 2.2Mbd to market and, if this increase is maintained, it would achieve its objective in September this year, compared to July 2026, as predicted in April….

Eurozona IPC 1

In Europe 25th April 2025

Eurozone advance composite PMI falls to 50.1 from 50.9 in March, pointing to near-stagnant economy

Singular Bank: April’s preliminary reading of the Eurozone manufacturing purchasing managers’ index showed a slight gain of 0.1 points to 48.7 points (versus 48.6 points in March), the highest in 27 months and above analysts’ consensus estimates (47.4 points). On the other hand, the preliminary services PMI has decreased 1.3 points with respect to March to 49.7 points. Thus, the preliminary reading of the Euro zone composite PMI in April…

Forty years of Spanish constitution: What's next?

In Spain 25th April 2025

NATO corrects Sánchez and demands additional €3 billion in defense spending

NATO yesterday once again pointed to Spain as the member of the Atlantic Alliance that makes the lowest investment in defense relative to the size of its economy. In fact, the organization’s annual report indicates that the country’s military spending closed 2024 at 1.24% of its GDP, compared to the 1.4% outlined in the government’s rearmament plan. The figure increases the outstanding gap to reach the commitment of 2% of…

iberdrola wikinger

In Europe 25th April 2025

Iberdrola to invest in 315 MW Windanker offshore wind farm in Baltic together with Kansai Electric

Alphavalue / Divacons | The Spanish utility informed the National Securities Market Commission (CNMV) that it has closed the agreement with Kansai Electric to co-invest in the Windanker offshore wind farm (315 MW) in the Baltic. Iberdrola will hold a majority stake of 51%. The project will have 21 turbines of 51 MW and will come into operation in the fourth quarter of 2026. The closing of this transaction, which…

TrumpVsPowell

In the World 25th April 2025

Trump U-turns again: now says he never intended to fire Powell, but calls for more decisiveness on rate cuts

Link Securities | Speaking to reporters, US President Donald Trump said he never intended to fire Federal Reserve Chairman Jerome Powell, saying it was “media fabrications”. Trump repeated his criticism of Powell and said he would like Powell to be more active in lowering interest rates, but even if he did not, it would not have to mean his dismissal. Concerns about this possible dismissal were heightened by comments from…