Top Stories

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.
bbvasabadell

In Spain 17th October 2025

BBVA Gives Up After Failure of Its Takeover Bid (OPA) for Banco Sabadell, Accepted by Only 25.33% of the Capital

The takeover bid (OPA – Oferta Pública de Adquisición) by BBVA for Banco Sabadell has failed, having been accepted by only 25.33% of the voting shares (25.47% excluding treasury stock), as reported by the two affected entities to the National Securities Market Commission (CNMV). Ultimately, and 17 months after its announcement, BBVA failed to reach the 50% acceptance threshold. It also failed to reach the 30% threshold that would have…

Pharmamar

Companies 16th October 2025

Pharmamar receives $50 million from Jazz Pharma for approval of Zepzelca + Tecentriq combo treatment for small cell lung cancer

Bankinter | The payment corresponds to the FDA’s full approval on 2 October of the Zepzelca + Tecentriq (Roche) combination as a first-line maintenance treatment for adults with advanced small cell lung cancer whose disease has not progressed after first-line induction treatment with atezolizumab, carboplatin and etoposidei. Jazz Pharma is the exclusive licensee of Zepzelca for the US. Bankinter’s opinion: Positive news, despite which the stock fell yesterday, marking eight…

industrial production worker

European economy, In Europe 16th October 2025

Eurozone industrial production contracts 1.2% in August compared to July

Link Securities | The European statistical agency Eurostat reported that seasonally adjusted industrial production contracted by 1.2% in the Eurozone in August compared to July, significantly less than the 1.8% decline projected by the FactSet consensus of analysts. In August, industrial production fell by 0.2% for intermediate goods, 0.6% for energy, 2.2% for capital goods, and 1.6% for durable consumer goods. Conversely, production increased by 0.1% for non-durable consumer goods….

The US is waiting for the impeachment

In the World 16th October 2025

Senior Treasury official estimates cost of government shutdown could reach $15 billion per week

Norbolsa | A senior Treasury official has corrected estimates of the cost of the federal government shutdown, determining that it could cost the economy $15 billion per week, rather than per day as Scott Bessent had publicly claimed on two occasions. On the other hand, Bessent, without giving much detail, also stated that the deficit for fiscal year 2025 will be less than the $1.833 trillion published in the previous…

InmoColonial

Companies 16th October 2025

Colonial considers investing outside Paris, Madrid and Barcelona

Banc Sabadell | The CEO of Inmobiliaria Colonial (COL), Pera Viñolas, said at a conference that the company plans to invest in new geographical areas in addition to those it has ‘historically touched’, which have been Paris (France), Madrid and Barcelona. Assessment: This is nothing new. Following the announcement of the agreement with Stoneshield on DeepLabs, they already commented that they expect to invest in other geographical areas in the…

Budimex Ferrovial

Companies 16th October 2025

Ferrovial obtains highest overall rating in public tender launched by Polish railway network administrator

Link Securities | Ferrovial (FER), in consortium with its Polish subsidiary Budimex, has obtained the highest overall rating in the public tender launched by Poland’s public railway network administrator (PKP) to build a new line for €610 million. The consortium is 80% owned by Budimex and 20% by Ferrovial, according to Expansión newspaper. Meanwhile, Ferrovial announced to the CNMV (National Securities Market Commission) an interim dividend totalling €342 million, payable…

Naturgy edificio 640x420

Companies, Relevant News Item 16th October 2025

Naturgy begins construction of first battery storage projects in Spain

CdM | Naturgy (NTGY) has begun construction of its first battery storage projects in Spain. These are batteries that will hybridise the Tabernas I and II photovoltaic parks in the province of Almería, and El Escobar and Piletas I in Las Palmas (Canary Islands), also managed by Naturgy. These projects are part of a total portfolio of ten facilities that Naturgy plans to launch in 2026, nine of which will…

FEDEAok

In Spain 16th October 2025

Inequality in Spain Continues to Grow: Richest 1% Now Holds Over 21% of Total Wealth compared to 13% in 2002

The average wealth of households has increased by 80.9% over twenty years (in real terms), spanning from 2002 to 2022, driven by the revaluation of real estate assets and, more recently, by the growth of financial assets. However, this progress has been concentrated in the highest percentiles: the richest 1% today accumulates over 21% of the total wealth, compared to 13% in 2002. The Gini index for household wealth has…

fcc edificio

Companies 15th October 2025

FCC Environmental Services awarded new €610 million contract in US

Link Securities | FCC Environmental Services, a subsidiary of FCC Enviro, which in turn is a subsidiary of FCC, has been awarded a new contract in the United States worth $705 million (approximately €610 million) to maintain the energy recovery facility in Pinellas County (Florida) for the next 10 years, according to elEcomista.com. This plant, which has been in operation since 1983, processes approximately 2,450 metric tonnes of solid waste…

china calleCM

In the World 15th October 2025

China’s CPI falls 0.3% year-on-year in September compared to 0.4% previously

Link Securities | According to official data, China’s consumer price index (CPI) fell 0.3% year-on-year in September, a deeper decline than the 0.1% consensus forecast by analysts, although slightly lower than the 0.4% decline in the previous month. Food prices accelerated their decline (a drop of 4.4% against 4.3% in August), recording the largest contraction since January 2024, amid widespread declines across all categories, with pork prices falling further due…