Articles by The Corner

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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.
Italy precious

Fitch raises Italy’s rating from “BBB” to “BBB+” with “stable” outlook, first improvement in country’s credit rating since 2021

Link Securities | Last Friday, credit rating agency Fitch announced that it had raised Italy’s debt rating from “BBB” to “BBB+” with a “stable” outlook. This is the first improvement in the country’s credit rating since 2021. The upward revision of the rating represents international recognition of greater confidence in the budgetary trajectory, supported by increased fiscal prudence and a strong commitment to achieving the short- and medium-term objectives of…


silicon valley

Trump imposes $100,000 fee on new visas to attract tech talent

Alphavalue/ Divacons | Donald Trump has introduced a £100,000 fee for new H-1B visa applications, which are the visas used by tech companies to recruit talent from countries such as India and China. The White House clarified that it will only apply to new applicants, not renewals, and that it will be a one-time payment, not an annual one. This dispelled doubts among companies. Even so, it is a measure…


Indra novedad

Indra potentially interested in Comforsa, biggest Catalan public company specialising in large forged parts

Link Securities | Indra (IDR), with businesses in technology and the military industry, has its sights set on Comforsa, the largest Catalan public company, which specialises in large forged parts for heavy vehicles and civil engineering machinery, according to Expansión newspaper. Informed sources confirm Indra’s interest in acquiring the largest industrial firm owned by the Catalan government, which the regional executive controls 100% through the Avançsa holding company, although only…


escriva

Governor of Bank of Spain and Former Minister Now Labels Spanish Public Policies “Inefficient” at Reducing Inequality

“Spain structurally has an income inequality problem that is well-identified, and what it basically shows is that the public policies that should be aimed at reducing this inequality, like many other policies, suffer from a lack of efficiency,” says the Governor of the Bank of Spain, José Luis Escrivá, who, as Minister of Inclusion and Social Security, was responsible for designing the Minimum Living Income (IMV) in 2020. Today, the…


Endesa eolica

Endesa joins European Blades2Build project to carry out largest wind farm repowering in Spain

Link Securities | The company, through its renewable energy subsidiary, Enel Green Power España, has connected its largest repowered wind farm in Aldeavieja, between the municipalities of Santa María del Cubillo and Ojos Albos in Ávila, according to a report by the website Bolsamania.com last Friday. The facility has gone from 22 wind turbines to four, with greater renewable production capacity. ‘For us, this repowering is a real milestone,’ said…


Iberdrola edificio

Iberdrola to announce annual investment of €12-14 billion for 2025-28 at CMD, mainly aimed at improving networks

Bankinter | This Wednesday, 24 September, Iberdrola will hold its Investor Day, or Capital Markets Day (CMD), at which it will present its new three-year strategic roadmap (2025-2028) and offer an overview of its expectations until 2031. The press is leaking some of the guidelines that will be included in the Plan. These leaks point to an annual investment of between €12 billion and €14 billion. Net profit could reach…


industrial production worker

Spanish industrial turnover slows in July to 1.9% growth, service sector to 4.7%, both 1.7 points below June

CdM | In July, industrial turnover rose by 1.9% compared to the same month last year, while the service sector increased by 4.7%. In both cases, the rate is 1.7 points lower than the previous month, according to data from the National Statistics Institute (INE). Thus, industry sales have seen two months of year-on-year increases, and service sector sales have seen 16 consecutive months of positive year-on-year rates. In terms…


Alemania Economía

Germany approves first budget after relaxing fiscal rules with €116 billion total planned investment

Norbolsa | On Thursday, the German parliament approved the first budget after the radical reforms carried out at the beginning of the year to relax fiscal rules, including record investment to stimulate the economy in tandem with a commitment to increase defence spending. The budget includes a total investment of €116 billion, made possible by the €500 billion infrastructure fund and the exemption from considering defence spending as debt approved…


Ebro Foods productos

Ebro Foods chairman says level of debt “very low” and they have capacity to acquire a company

Link Securities | In an interview with Expansión newspaper, the chairman of Ebro Foods (EBRO), Antonio Hernández Callejas, stated that the group’s debt level is very low and they have significant purchasing power. The executive indicated that they are considering acquisitions to grow in the ready-made meals sector. Hernández Callejas pointed out that, for them, purchasing a company worth €300 million – €400 million would not be a problem. Likewise,…


Eurozona salarios

ECB forecasts lower wage pressures for coming months

Bankinter | The ECB’s Wage Tracker shows an expected wage increase of 1.7% for the first half of 2026 against 2.1% in the second half of 2025 and 4.3% in the first half of 2025. Analysis team’s view: Good news for inflation in Europe. The ECB’s Wage Tracker is a tool developed by the ECB and the national central banks of the Eurosystem to monitor wage pressures in the euro…