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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.

Companies, Relevant News Item 23rd July 2026

Repsol triples profit to €2.2 billion amidst oil price volatility

The company explains that these figures come against a backdrop of high volatility in the energy markets, which has led to greater price fluctuations and restricted supply. Reported by Consejeros Editorial Team Repsol’s net profit soared in the first half of the year to €2.201 billion. According to information submitted to the National Securities Market Commission (CNMV), this result represents a threefold increase (265%) in profits compared with the period…

In the World, Markets 23rd July 2026

Neuberger: A story of real interest rates

The firm believes that, despite the impact of the rise in real interest rates on fixed-income markets in the coming quarter, the credit market may continue to show resilience as long as growth remains robust and inflation stays under control. Report by Neuberger Movements in interest rates this year have been driven primarily by the rise in real interest rates rather than by an increase in inflation expectations. Real interest…

In Europe 23rd July 2026

Eurozone deficit falls to 3.1 per cent of GDP and debt rises to 88.9 per cent in first quarter

Reported by the Consejeros Editorial Team The Eurozone’s public deficit at the end of the first quarter fell by one tenth of a percentage point compared with the last three months of the previous year, to 3.1 per cent of Gross Domestic Product (GDP), whilst public debt rose by 1.2 percentage points, reaching 88.9 per cent, according to figures from Eurostat, the statistical office of the European Union (EU). As…

Companies, Relevant News Item 23rd July 2026

Naturgy’s profit rises 6% to €1,215 million in first half of 2026

Naturgy reported a net profit of €1,215 million in the first half of the year, representing a 6% increase compared to the same period last year. The company also upgraded its 2026 forecast, targeting record earnings of more than €2,100 million for the full year, according to a company announcement. Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the country’s largest gas company and third-largest power utility stood at…

In Spain 23rd July 2026

Spain becomes EU country with the most burned land

Spain is the European Union country with the largest amount of burned land so far this year, exceeding 120,000 hectares, according to updated data from the European Forest Fire Information System (EFFIS). It is followed at a distance by Italy (with 48,000 hectares) and France (with 46,000 hectares). Provisional data from the Ministry for the Ecological Transition and the Demographic Challenge (Miteco) indicated that, up until July 12, fires had…

In the World 23rd July 2026

2026 already best year for European M&A since 2018

The cumulative value of deals announced in 2026 has already reached $211bn, surpassing any full year since 2018. Meanwhile, activity in the first seven months of the year is approximately 80 per cent higher than that recorded in the same period of 2025. Report by Morgan Stanley One of the most notable developments in recent weeks has been the sharp rebound in M&A activity in Europe, a trend that has…

Ibex, Markets 23rd July 2026

Corporate results drive stock markets: Ibex 35 rises by 1% to close at 19,571 points

Report by Singular Bank The main European indices closed the session with widespread gains, buoyed by an earnings season that continues to surprise on the upside. The Euro Stoxx 50 rose by 0.5 per cent and the Ibex 35, in line with the main European markets, rose by 1 per cent. In the United States, at the close of European trading, performance was more subdued. The S&P 500 was virtually…

Companies, In Europe 23rd July 2026

AliExpress hit with largest fine imposed to date under European Digital Services Act

Reported by the Consejeros Editorial Team The European Commission has imposed a record fine of €550 million (around $629 million) on AliExpress, the retail platform owned by the Alibaba Group, for breaching the EU’s content moderation regulations (Digital Services Act), by failing to adequately assess the sale of illegal or counterfeit products on its platform. It is the largest fine imposed to date under this regulatory framework. The case directly…

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European economy, In Europe 22nd July 2026

Credit supply in Eurozone tightens in second quarter of 2026, whilst demand continues to decline

Supply contracted across the board in the second quarter of 2026, with a tightening of either lending criteria, the terms applied, or both, depending on the segment. Reported by Consejeros Editorial Team The results of the European Central Bank’s (ECB) Bank Lending Survey reveal that, in the second quarter of 2026, lending criteria tightened slightly for both corporate financing and loans to households for the purchase of homes, whilst remaining…

Companies, Relevant News Item 22nd July 2026

Iberdrola’s profit reaches €4.336 million, up 22 per cent, with adjusted EBITDA of €8.050 million

Reported by Consejeros Editorial Team Iberdrola has posted a reported net profit of €4.3364 billion between January and June 2026, 21.7 per cent higher than the €3.5622 billion recorded in the same period of the previous year, as reported by the company to the Spanish National Securities Market Commission (CNMV). “Adjusting for the contribution from Mexico in 2026 (up €74.8 million), for the net capital gain (€953.3 million) following the…

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