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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.

In Spain 16th January 2026

Spanish inflation moderates to 2.9% at end 2025 thanks to petrol and despite food prices

CdM | Inflation stood at 2.9% at the end of 2025, representing a 0.1% drop in the year-on-year rate in December, thanks to lower petrol prices and despite the rise in food prices, according to final data published by the National Statistics Institute (INE), which confirm the preliminary figures. In detail, transport and leisure and culture were the groups that stood out most for their influence on the decline in…

Companies 16th January 2026

Adolfo Domínguez loses €1.3 million between March and November and increases sales 2.5% to €93.3 million

CdM | Adolfo Domínguez (ADZ) announced on Friday a net loss of €1.3 million in the first nine months of the 2025/2026 financial year (March-November 2025), compared to a profit of €300,000 in the same period of the 2024/2025 financial year. Global sales for the period increased by 2.5% to €93.3 million. The designer fashion brand continues to strengthen its international presence, according to a statement, with 43.9% of its…

Companies 16th January 2026

Talgo completes capital increase fully subscribed by SEPI

Alphavalue/Divacons | On Thursday, the Spanish railway company notified the Spanish National Securities Market Commission (CNMV) of the completion of its capital increase, fully subscribed by SEPI (State Industrial Holdings Company). The transaction, which was registered in the Commercial Register on 2 January, consisted of a cash contribution with the exclusion of pre-emptive subscription rights for a nominal amount of €3,187,058.73.

Spanish Politics 16th January 2026

Sánchez runs out of narrative; neither governs nor stops Vox

Aurelio Medel (5Días) | The Prime Minister lacks the support to tackle serious problems (such as housing), and the far right is the primary beneficiary of this inaction. Every week, the Government proposes new regulations, marketing them as solutions to real problems of varying urgency and complexity, but they ultimately come to nothing. This past week, it was the regional financing reform (rejected even by regions governed by the PSOE)…

Companies, Uncategorised 15th January 2026

Atrys completes sale of Aspy to Grupo Echevarne and cancels €180 million in debt

CdM | Atrys Health announced on Thursday to the Spanish National Securities Market Commission (CNMV) that it has completed the sale of 100% of the capital of Aspy Global Services and its subsidiaries to Grupo Echevarne, a transaction that was announced on 4 November 2025 and whose closure was subject to the fulfilment of several suspensory conditions. According to the company’s statement to the regulator, the transaction was finally executed…

Companies 15th January 2026

Sacyr wins contract to build hospital complex in Perth (Australia) with estimated €500 million budget

Intermoney | Sacyr (SCYR) (Buy, Target Price €4.6/share) has been provisionally awarded (preferred bidder) the construction of a hospital complex near Perth (Australia) with an estimated budget of over €500 million, according to Expansión newspaper. This project is part of an investment programme by the province of Western Australia valued at €2.6 billion. Sacyr shares this award with local partner Built. Work is scheduled to begin in the middle of…

Companies 15th January 2026

Puig Brands left with debt of $12 million after Saks store chain bankruptcy

Renta 4 | The luxury retailer Saks has filed for Chapter 11 bankruptcy protection in the United States, with the aim of facilitating the restructuring of its debt, which is estimated to exceed €700 million. Saks’ creditors include leading global luxury companies such as Chanel, Zegna, LVMH, Christian Louboutin, The Estée Lauder, Giorgio Armani, Google, Burberry and Dolce & Gabbana. In the case of Puig Brands, the debt would amount…

Companies 15th January 2026

Telefónica reportedly begins official talks to acquire Vodafone Spain

Link Securities | Telefónica (TEF) has begun initial official talks to acquire Vodafone Spain. To do so, it will have to convince the Zegona investment fund, which bought the British telecommunications group’s business in the domestic market, according to a report on Wednesday by Vozpopuli.com. Reliable sources have confirmed to this newspaper that the talks took place a few weeks ago and that it was Telefónica that took the first…

In Spain 15th January 2026

14 of 15 Autonomous Communities Reject New Financing Model Agreed Upon by Sánchez and Junqueras

The Minister of Finance, Mª Jesús Montero, met yesterday at the Fiscal and Financial Policy Council with the finance ministers of all autonomous communities—with the exception of the Basque Country and Navarre, which are privileged with an “economic agreement and quota” system (concierto y cupo) similar to what Catalan pro-independence supporters now aspire to achieve—to explain the new financing system agreed upon by the Government and the leader of ERC,…

Relevant News Item 15th January 2026

Business creation in Spain rises 9% and records best November since 2006

CdM | Business creation experienced its best November since 2006. According to data from the National Statistics Institute (INE), in the penultimate month of 2025, 10,871 commercial companies were created, 9% more than in November of the previous year, marking eight consecutive months of growth. 19.6% of the commercial companies created in November were in the real estate, finance and insurance sectors, and 16% were in construction. By autonomous community,…

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