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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 7th January 2026

FCC wins contract for third runway at King Salman Airport in Saudi Arabia, worth around €800 million

Alphavalue/Divacons | The Spanish construction company will be awarded the contract to build the third runway at King Salman International Airport in Saudi Arabia, in a contract worth around €800 million. The project, developed in partnership with Al-Mabami, is part of the plan to turn the airport into one of the largest in the world and includes a 4,200-metre runway with multiple taxiways to optimise air traffic. FCC: Add, Target…

Companies 7th January 2026

Airbus would have achieved its guidance by delivering 793 aircraft in 2025

Banc Sabadell | Airbus (AIR) would have delivered 793 aircraft in 2025 (against 790 aircraft in its revised guidance) after accelerating deliveries in the last days of the year, according to Bloomberg. If this figure is confirmed, they would have been able to deliver 136 aircraft in December (as opposed to 72 in November and 123 aircraft in December 2024; up 10.6%). Assessment: Pending confirmation of the final number of…

Spanish economy 7th January 2026

90 of top 100 beneficiaries of European funds are public entities

Spain’s primary issue with the EU’s Next Gen funds is its low actual execution rate. The latest figures compiled by the General Comptroller of the State Administration (IGAE), closed as of November 2025, report that payments effectively made stand at less than €4.8 billion this year—representing only 27% of the total amount budgeted for the fiscal year. However, the bulk of direct EU transfers has already been disbursed, making it…

Companies 7th January 2026

Telefónica: application period for voluntary redundancy under Movistar+ redundancy plan begins today and runs until 6 February

Link Securities | The telecommunications company has opened the application period for voluntary redundancy under the redundancy plan (ERE) it has launched at Movistar+, which affects 175 employees, from today, Wednesday, until 6 February, in accordance with the schedule agreed with the trade unions. The figure is significantly lower than the 279 redundancies initially proposed by Telefónica, which represented around 32% of the workforce, comprising some 860 employees.

Companies 5th January 2026

Talgo wins large maintenance contract in Uzbekistan: €80 million over 10 years for six Talgo 250 trains

Alphavalue / Divacons | The Spanish railway company has signed an €80 million, ten-year maintenance contract for the high-speed fleet in Uzbekistan, which includes six Talgo 250 trains operated by the public railway company UTY. This is Talgo’s largest maintenance contract in the country, where it has been present since 2009, and reinforces the consolidation of its high-speed technology in Central Asia. Talgo shares rose 6.43% on Friday. The Talgo…

Companies 5th January 2026

DIA opens 94 new stores and logistics centre in Spain in 2025, and increases market share by 5.2% in November

Link Securities | The retail distribution company has announced that it will close 2025 with the opening of 94 stores throughout Spain, a new logistics centre and a larger market share in the country, the Bolsamania.com portal reported on Friday. Thus, as explained by the company in a statement, DIA achieved a 5.2% share in November, two tenths of a percentage point more than in the same period in 2024,…

In Europe 5th January 2026

M3 monetary aggregate rises 3% year-on-year in Eurozone in November

Link Securities | According to the ECB, the M3 monetary aggregate rose 3.0% year-on-year in November in the Eurozone, accelerating from 2.8% in October and exceeding the consensus forecast of FactSet analysts, who had expected a 2.7% increase for the month. In November, credit granted to households by euro area institutions rose by 2.9% year-on-year (the highest rate since March 2023) from 2.8% in October. Meanwhile, loans to non-financial corporations…

Companies 5th January 2026

Hisdesat (Indra) activates contingency plan to ensure continuity of services after satellite impact

Link Securities | Indra (IDR) informed the National Securities Market Commission (CNMV) that Hisdesat Servicios Estratégicos, S.A., a company in which Indra has a majority stake, has implemented a contingency plan to ensure the continuity of services committed to the Ministry of Defence and the rest of its customers, following the accidental impact of a space particle on its SpainSat NG II satellite during the orbital transfer phase. Hisdesat confirms…

Companies 5th January 2026

Telefónica Deutschland begins internal process to become an ‘AI First’ company

Link Securities | Telefónica Deutschland (O2 Telefónica Germany, a subsidiary of Telefónica (TEF), has embarked on an internal strategic transformation process with the aim of becoming an AI First company, according to the newspaper elEconomista. This new slogan, which places artificial intelligence (AI) at the centre of the telecommunications company’s future technological developments, will shape the German subsidiary’s destiny in its search for efficiencies and new sources of revenue over…

Companies 5th January 2026

Repsol likely to benefit from hypothetical regime change in Venezuela

Bankinter | Repsol (REP) has almost 15% of its global oil reserves (for extraction, in the form of concessions) and 12% of its production in Venezuela, the country with the largest proven reserves in the world, approximately 17% of the total. Before the arrival of the Chavista regime, daily oil production in the country was 3.5 million barrels, compared to the current 0.9 million out of a total of 103…

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