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.
Indra novedad

Indra to maintain and operate high-speed rail control systems for Mecca-Medina line for €130 million

Bankinter | Indra (IDR) will maintain and operate the high-speed rail control systems for the Mecca-Medina line in Saudi Arabia for the next five years for €130 million. With this contract, Indra will continue to provide support for rail traffic management, signalling, telecommunications, ticket sales and reservations, access control, security, etc. Bankinter analysis team’s view: Positive impact. However, the amount is not high. Assuming that the contract is distributed evenly…


nadia calviño 2

EIB invests new record of nearly €14 Billion in Spain in 2025

The President of the European Investment Bank (EIB), Nadia Calviño, highlighted this Monday the “record” investment the organization made in Spain during 2025: approximately €11 billion in financing from its own resources, plus a total of €2.9 billion deployed from the European Next Generation funds. Calviño shared these figures during an interview on TVE’s Canal 24 Horas, coinciding with her visit to Spain to present the Bank’s activity for the…


energy sector

Electricity demand in Spain rises 3% in 2025 compared to 2.3% in 2024

Alphavalue/ Divacons | Electricity demand in Spain grew by ‘just over 3%’ in 2025, consolidating the upward trend after the 2.3% rebound in 2024, according to projections by the International Energy Agency (IEA). This acceleration will continue with an average annual increase of ‘just under 2%’ between 2026 and 2030, a rate that the agency describes as ‘well above’ the meagre average of 0.4% recorded over the last decade. The…


Talgo building

Talgo wins contract to manufacture and maintain 20 new high-speed trains worth €1.332 billion

Renta 4 | Talgo has informed the CNMV (Spanish National Securities Market Commission) that it has been awarded a contract by the Saudi Arabian government for the manufacture and maintenance of 20 new high-speed trains for the Haramain High-Speed Railway project. The new contract is worth €1.332 billion, bringing Talgo’s order book to a record figure of approximately €6 billion. The 20 new units will be produced with the same…


OHLA.new

Adif entrusts OHLA with repairing section of track where collision occurred on 19 January

Link Securities | Adif has entrusted OHLA (OHLA) with the main repair work on the section of railway track where two trains collided on 19 January near Adamuz (Córdoba), killing 46 people, according to a report in the newspaper elEconomista on Friday. The railway operator has resorted to several emergency contracts to restore the infrastructure given the urgency of re-establishing traffic on the high-speed line between Andalusia and Madrid. Among…


produccionindustrial pantalla

Spanish industrial production closes 2025 with average increase of 1.3%, marking two consecutive years of growth

CdM | Industrial production rose by an average of 1.3% in 2025 compared to the previous year, according to data from the General Industrial Production Index (IPI) published by the National Statistics Institute (INE). This marks two consecutive years of growth. It also represents the largest increase since 2022. By sector, those with the highest average increase were the manufacture of other transport equipment (5.8%), extractive industries (4.9%) and electricity…


bankinterchuliCM

Morningstar DBRS raises Bankinter’s outlook from ‘stable’ to ‘positive’ but maintains “A” rating

Alphavalue/ Divacons | On Friday, the rating agency Morningstar DBRS improved its outlook on Bankinter, raising its outlook from ‘stable’ to ‘positive’. Despite this improvement in the forecasts, the agency has decided to maintain the entity’s rating unchanged, reaffirming it at “A”. The agency justified the improvement in Bankinter’s outlook on the basis that the bank is well positioned to sustain robust levels of profitability in the medium term, and…


ACS new

ACS subsidiaries Schiavone and Dragados affected by suspension of work on New York-New Jersey railway tunnel

Link Securities | The public entity promoting the construction of a rail tunnel between New York and New Jersey (Gateway Development Commission or GDC) has halted the project after the Trump administration blocked federal funds earmarked for the work, the newspaper Expansión reports today. One of the many contracts included in this project is currently being executed by two ACS subsidiaries (Schiavone and Dragados). Specifically, it involves the construction of…


inditex zara interior

Inditex approves share buyback programme for maximum €180 million, equivalent to 3 million shares

Link Securities | Under the current authorisation granted by the Ordinary General Shareholders’ Meeting on 11 July 2023 for the derivative acquisition of treasury shares, the Board of Directors of Inditex approved, at its meeting held last week, a Temporary Share Buyback Programme with the following characteristics: The purpose of the Programme is to enable Inditex to comply with its obligations to deliver shares to certain members of the management…


Seguro Portugal

Socialist António José Seguro wins Portugal’s Presidential Election

Socialist former minister António José Seguro has secured a clear victory in the second round of Portugal’s presidential elections. With 99.05% of the votes counted, Seguro achieved 66.79%, compared to the 33.21% obtained by the far-right candidate André Ventura of the Chega party. With this triumph, a leftist figure returns to the Palácio de Belém—the seat of the Portuguese Presidency—twenty years after Jorge Sampaio left office in 2006. Sampaio was…