The Corner, Author at The Corner

Articles by The Corner

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.

In Spain 13th November 2023

Demonstrations throughout Spain to protest against PSOE deal: amnesty for Sánchez’s investiture

Spain is baying against the Amnesty Law that Pedro Sánchez has agreed with the Catalan pro-independence supporters in exchange for his continuance in the Moncloa for four more years. Hundreds of thousands of people, called by the PP, gathered in all the capitals of Spain’s provinces to condemn the concessions that Pedro Sánchez’s PSOE has agreed to with the pro-government leaders of Catalonia and the Basque Country in order to…

World economy 11th November 2023

China’s inflation returns to negative territory: -0.2% year-on-year in October, down from 0% previously

Banca March: Yesterday in China, inflation returned to negative territory and continues to reinforce expectations of the need for further monetary stimulus. Specifically, October’s CPI was -0.2% year-on-year versus 0% previously and one tenth of a percentage point lower than expected. By components, it should be noted that the fall in inflation came from goods prices, which fell by -1.1% year-on-year in October and accumulated seven consecutive months of declines,…

European economy 11th November 2023

Germany’s inflation falls to 2021 lows after moderating to 3.8% in October; core stands at 4.3%.

CdM | Germany’s inflation stood at August 2021 lows after the Consumer Price Index (CPI) moderated to 3.8% in October, in line with the initial and consensus estimate, which is seven tenths lower than the previous month, according to confirmed data from Destatis, the federal statistics office. Compared with the previous month, German prices were unchanged in October. In particular, prices for energy products stood at 3.2 per cent, below…

Captura de pantalla 2023 11 09 a las 22.18.42

In Spain 10th November 2023

PSOE-Junts agreement includes international mediator, amnesty from 2012, negotiating referendum and total handover of taxes

The pact reached between the PSOE and Junts for the investiture of Pedro Sánchez involves a cession of the socialists in everything demanded by the Catalan ex-president Carles Puigdemont, fugitive from justice. It includes an international mediator who “has the functions of accompanying, verifying and monitoring the negotiation process and the agreements” and will grant amnesty for crimes related to the procés since 2012, before the November 9th consultation in…

Spanish economy 9th November 2023

Cellnex enters into an absolute return swap agreement for €150 million

Link Securities | In a Significant Event it was reported that Cellnex Finance Company, S.A. (Unipersonal), a wholly-owned subsidiary of Cellnex (CLNX), has entered into a total return equity swap contract with a global financial institution, guaranteed by the company, in relation to Cellnex shares for a notional amount of €150,000,000 which, at current market prices, represents approximately 5,000,000 Cellnex shares, or approximately 0.7% of its share capital, maturing within…

World economy 8th November 2023

Russia and Saudi Arabia to maintain voluntary oil supply cuts until at least end of 2023

Banca March: Russia and Saudi Arabia have confirmed that they will maintain voluntary oil supply cuts until the end of 2023, reviewing in December whether to prolong, deepen or end the supply cap. This supply cap began in the spring of 2023, when Russia responded to sanctions imposed for its invasion of Ukraine. Other OPEC+ members, including Saudi Arabia, opted to join voluntary cuts totalling 1.66 million barrels per day…

European economy 8th November 2023

Germany’s new drop in industrial production, down -1.4% in September, again fuels fears of protracted recession

Bankinter : Industrial Production falls more than expected in September and remains in negative territory for the fifth consecutive month. Industrial Production (September) falls -1.4% m/m against -0.1% expected and -0.1% previous (revised from -0.2%). By items: Manufacturing & Mining -1.7%; Intermediate Goods -1.9%; Capital Goods -0.2%; Consumer Goods (-4.9%); Energy -1.7%; Construction 0%. Assessment: Again, another bad Industrial Production reading, one that will once again fuel fears of a…

In Spain 8th November 2023

8.1 % of Spaniards, 3.8 million people, suffer severe poverty, according to Cáritas Española report

Housing has become a “great bottomless pit” for three million families in Spain, who have to spend more than six out of every ten euros (63 %) on household expenses, supplies and food. According to the report “Income and expenses: an equation that conditions our quality of life” presented this Tuesday by Cáritas Española and the Foessa Foundation, 16.8% of families fall below the severe poverty threshold once housing and…

In Europe 8th November 2023

Portuguese Prime Minister António Costa resigns over corruption scandal

Portugal’s Prime Minister António Costa has resigned after being implicated in a corruption scandal. On Tuesday morning the Portuguese Public Prosecutor’s Office announced that it was launching an investigation against him for possible prevarication, active and passive corruption, and influence peddling in lithium and hydrogen deals. Costa has acknowledged that he has not committed any crime, but has decided to put an end to eight years of a government that…

Spanish economy 8th November 2023

OHLA to participate in reconstruction of railway station in Czechia for more than €120 million

Link Securities| OHLA will participate in the Temporary Joint Venture (TJV) in charge of the reconstruction of the Brno-Královo Pole railway station, located in the Czech Republic, for more than €120 million, through its subsidiary OHLA ZS, as reported on Monday by Europa Press. This is one of the main railway contracts awarded by the company this year in the country and includes railway superstructure and substructure, platforms, bridges, walls,…

« 1 … 226 227 228 229 230 … 1,140 »

Articles by The Corner

About the Author