Articles by The Corner

About the Author

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.
sanchez elections

Sánchez offers Puigdemont to limit judges’ investigation, undoing reform he himself approved in 2020

Pedro Sánchez is trying to convince Junts to approve the Amnesty Law by undoing the reform of the Criminal Procedure Law that he himself approved in 2020. He intends to limit the investigation time of judges in criminal cases showing he is willing to legislate again at the dictates of the Catalan independentists.   A week after Junts per Catalunya stopped the amnesty law in the Congress of Deputies, returning to…


Neinor nuevo

Neinor reinforces its commitment to Catalonia with investment of €437 million over five years

CdM| Neinor Homes (HOME) has strengthened its presence in Catalonia with the start of the marketing of a portfolio of 74 homes in the area of Vallès Occidental, in the province of Barcelona, and the delivery of 97 homes in Salou, Tarragona, as reported Monday by the company in a statement. Specifically, these are the Atlas Homes, Sant Cugat Homes and Salou Homes developments, whose combined investment amounts to more…


ACS novisimo

ACS wins new contracts for €400 million in several ports in the USA and the UK

Intermoney: The daily newspaper Expansión reports today that ACS (Buy, PO 43) has been awarded several construction contracts in the US and UK for a total of approximately construction contracts in the US and the UK for a total of approximately €400 M€. Thus, the Group has been the preferred bidder for a contract worth some £100 million ( €117 million) at the port of Immingham, the UK’s main port…


alemani piruli

Germany’s December trade surplus improves to €22.2 billion from €20.4 billion in previous month

Bankinter : Trade Balance (Dec): €22.2bn versus €19bn expected against €20.8bn previous (revised from €20.4bn). Exports -4.6% versus -2.8% expected versus +3.5% previous. Imports -6.7% versus -1.9% expected versus +1.5% previous. Assessment: The improvement in the trade surplus stems from a sharp drop in imports in the month, reflecting the weakness of the country’s domestic demand. 4Q23 GDP contracted -0.3% year-on-year (versus +0.0% in 3Q23) resulting in a -0.3% year-on-year…


When the Supreme Court adds to the lack of confidence in Spanish politics

Supreme Court prosecutor changes criteria after meeting with State Attorney General: no longer sees terrorism in the ‘Tsunami Democratic’ case

  After meeting with the State Attorney General – who is directly appointed by the Government – ​​the Supreme Court prosecutor, Álvaro Redondo, who until last summer saw signs of terrorism in the Tsunami Democratic case being instructed by Judge García Castellón, has changed his opinion and now he does not see the signs of terrorism that he did see before to accuse the fugitive Carles Puigdemont of them, who…


indra edificio

Indra interested in taking control of Tess Defence

Link Securities| Indra (IDR) informed the National Securities Market Commission (CNMV) that the current CFO of the Company, Mr. Borja García-Alarcón, has informed the company of his decision to leave his position at the end of February, following the preparation of the accounts and the presentation of results for the financial year 2023, in order to begin a new professional stage. Indra would like to thank Mr. García-Alarcón for his…


Spain tourism GDP

Spain breaks new tourist record in 2023: up 18.7% to 85.1 M travellers, Catalonia, Balearics and Canaries most visited

CdM| Spain closed the year with a new record in tourist arrivals, as all forecasts had predicted. According to National Statistics Institute (INE) data published today, a total of 85.1 million tourists visited Spain in 2023, an increase of 18.7% over the previous year, reports Europa Press. Comparing this figure with 2019, before the pandemic, tourist arrivals were 1.9% higher. The British and French are at the head of tourist…


unemployment spain

Number of unemployed in Spain increases by 60,404 people in January

Bankinter: The number of unemployed increased in January by 60,404 people, after falling in the last two months of last year (by 24,570 Nov-23 and 27,375 in Dec-23). The total number of unemployed stands at 2.77m people (up 2.2% month-on-month; down 4.8% year-on-year) and seasonally adjusted Social Security enrolment stands at 20.88m people (up 38.5 thousand in the month). Assessment: Employment figures increase in January, slightly above the average of…


caixabank2

CaixaBank posts profit of €4.82 billion in 2023, up 53.9%, and will pay €2.89 billion dividend

CaixaBank Group posted an attributable net profit of €4.82 billion in 2023, up 53.9% against the €3.13 billion reported in 2022. The Group serves 20.1 million customers through a network of around 4,200 branches located across all of Spain and Portugal and has more than €600 billion in assets. The Board of Directors has submitted a proposal to the General Shareholders’ Meeting for the payment of a cash dividend of…


FeijooyRueda

Campaign begins for Galician elections on February 18

This Friday the electoral campaign, which will last two weeks, begins in Galicia. Next February 18, Galicians are called to the polls. The polls predict that Alfonso Rueda, the current president – ​​in office – of the PP will win. But if he does not achieve an absolute majority, the PSOE, which appears in the polls as the third force, would support the Galician Nationalist Bloc (BNG) to support its…