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.
tierras raras

Australia announces $1.185 billion investment to create Critical Strategic Minerals Reserve

Bankinter | The Australian Government has announced an investment of $1.185 billion to create a Critical Strategic Minerals Reserve. Initially included are antimony, gallium and rare earths for magnets, elements considered essential for high technology, clean technologies and advanced military hardware. They highlight the use of antimony for storage batteries, night vision equipment and high-performance fire-retardant materials; gallium for advanced semiconductors used in radar and telecommunications systems; and rare earths…


Grenergy

Grenergy wins contracts for storage projects in Poland worth €132 million

CdM | Grenergy has secured capacity contracts for five stand-alone storage projects in Poland in the latest auction organised by Polskie Sieci Elektroenergetyczne (PSE), the country’s electricity system operator. In total, the company has obtained a guaranteed minimum financial allocation of over €132 million. Starting in January 2030, these services will be remunerated at a fixed price (indexed to the CPI) of PLN 465.02/kW per year for the entire 17-year…


endesa cartel

Endesa hacked, sensitive user data compromised

Singular Bank | The company confirmed unauthorised access to its commercial platform, which has led to the theft of its customers’ personal data linked to their contracts. The information compromised in this security incident includes identity document numbers and registered payment methods, according to the company itself. The company’s shares fell 1.3% yesterday. Early in the day, Endesa was down 0.48%.


arcelormittalsenorCM

Stability for ArcelorMittal in Q4 despite difficulties and rising figures for 2026/27

Deutsche Bank | The steel giant will report its fourth-quarter results, and we expect stable figures in sequential terms, as more moderate results in North America and Brazil are likely to be offset by stronger contributions from Europe, Mining and Sustainable Solutions. EU spreads have already developed strongly, supported by stricter CBAM regulation, and we reflect the increase in steel prices and iron ore assumptions, raising our EBITDA estimates for…


Airbus nuevo

Airbus meets forecasts thanks to delivery of 102 aircraft in December

Deutsche Bank | Christophe Menard: Airbus (AIR) successfully met its revised delivery forecasts for 2025 thanks to an unprecedented rebound of 102 aircraft in the second half of December, demonstrating its resilience and ability to ramp up production ahead of 2026. This strong performance warrants a longer-term valuation assessment, shifting the focus to 2028. Accordingly, we have raised our target price from £222 to £250, reflecting the shift to the…


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Santander closes sale of Santander Bank Polska to Erste Group Bank for €7 billion, with capital gains of €1.9 billion

Link Securities | Banco Santander (SAN) and Erste Group Bank announced the closing of the sale of Santander Bank Polska, according to Bolsamanía on Friday. Erste has acquired 49% of the share capital of Santander Bank Polska and a 50% stake in the asset management business in Poland (TFI) that Santander Bank Polska did not control, for a total cash amount of approximately €7 billion. The transaction was announced in…


Galp new

Merger of Moeve and Galp’s downstream businesses brings them closer to Repsol in number of service stations and refining capacity

Norbolsa | Moeve and Galp announced last week that they are in negotiations to merge their downstream businesses. The possible creation of two European energy platforms is being evaluated: An industrial platform focused on refining, chemicals, trading, green molecules and low-carbon fuels, aimed at serving B2B customers (IndustrialCo); Moeve’s current shareholders, Mubadala and Carlyle, will control the industrial platform, while Galp will retain a stake of more than 20%. Another…


EUU empleo casco trabajador

US economy generates 50,000 net non-farm jobs in December, below expectations.

Link Securities | According to the Department of Labour, in December the US economy generated 50,000 net non-farm jobs, slightly less than the 56,000 jobs created in November, and below the consensus forecast by FactSet analysts, which was 55,000 new jobs. In the month analysed, the private sector generated 37,000 net jobs (50,000 jobs in November), while the public sector created 13,000 jobs (6,000 jobs in November). Analysts had projected…


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OECD inflation falls 3/10 p.p. in November, to 3.9% from 4.2% in September

CdM | Year-on-year headline inflation in the OECD, as measured by the Consumer Price Index (CPI), fell to 3.9% in November 2025, from 4.2% in September 2025, the closest month with complete CPI data for all OECD countries. Food inflation and core inflation (inflation excluding food and energy) in the OECD fell by 1 and 0.2 percentage points respectively, both reaching 4%. In contrast, energy inflation rose to 3.5% from…


Mapfre

Mapfre CEO confirms growth targets for turnover, channels and customers for 2026 financial year

Alphavalue/Divacons | Mapfre (MAP) Iberia CEO Elena Sanz confirmed the growth targets for turnover, channels and customers for the 2026 financial year, emphasising the importance of the new territorial structure in gaining proximity to users. During the closing ceremony of the annual meeting, the insurer’s chairman, Antonio Huertas, highlighted the fulfilment of the strategic plan and the historic milestone achieved in 2025, when the company exceeded €13 billion in market…