Articles by The Corner

About the Author

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.
Spanish mortgages market

Number of mortgages taken out on homes in Spain grows 0.6% year-on-year in October, compared to 12.2% in September

Link Securities | In Spain, the number of mortgages taken out on homes in October was 52,198, representing a 0.6% year-on-year increase (12.2% in September). According to the INE, with October’s year-on-year increase, the signing of mortgages on homes has now risen for 16 consecutive months. In addition, the average amount of these transactions was €167,080, representing an increase of 10.4%. In 10M25, the number of mortgages for the purchase…


Indra novedad

Indra acquires Wake Engineering’s Unmanned Systems technology and integrates it into Weapons & Ammunition division

Renta 4 | The company has announced the acquisition of Wake Engineering to strengthen its vertical take-off capabilities. Wake Engineering is part of the CPS Group, whose main activity is the design, development and production of Unmanned Systems (UAS). With this acquisition, Indra strengthens its position to respond to Special Modernisation Programmes (PEM) and the enormous potential for growth in the international arena, mainly through the ReArm Europe plan programmes….


amadeus logo fachada

Amadeus confirms dividend distribution of 50% of consolidated profit and approves dividend of €0.53/share payable on 16 January 2026

Alphavalue / Divacons | The board of directors of the technology solutions provider has ratified its dividend policy for 2025, proposing to set the distribution at 50% of consolidated profit, which is the maximum limit of the 40% to 50% range established by the company. Consequently, it has approved the distribution of an interim dividend charged to the results for the 2025 financial year for a fixed amount of €0.53…


aena aeropuerto luton

Aena acquires 51% of Leeds Bradford and Newcastle airports for €310 million

Intermoney | Aena has just announced the acquisition of a 51% stake in the holding company that wholly owns Leeds and Newcastle airports for around £270 million, or €310 million. The operator expects to complete the transaction in Q2 2026. There will be a conference call today at 9 a.m. Aena already has a presence in the United Kingdom through Luton Airport, which it consolidates globally, and which we expect…


Talgo diferente

Final closure of Talgo share transfer; awaiting Strategic Plan

Renta 4 | Talgo has informed the CNMV (Spanish Securities Market Commission) that today it has executed the sale agreement whereby Trilantic, through its vehicle Pegasus International, has transferred its 29.76327% stake in Talgo to the Basque consortium formed by Clerbil, S.L., Finkatze Kapitala Finkatuz, S.A., Fundación Bancaria BBK and Fundación Bancaria Vital – Vital Banku Fundazioa. In addition, the following changes have been made to the composition of the…


CarlosCuerpo

Spain abandons 64 EU-funded plans deemed “unachievable”

The European Commission has revealed that the Spanish Government has abandoned 64 measures originally planned to be financed with European funds for various reasons that render them “unreachable.” This was disclosed in the Commission’s decision to accept Spain’s new Recovery Plan, in which the Government extensively revises its 2021 commitments downwards, withdraws from major programs—the so-called PERTEs—and renounces 37% of the European funds to which it was entitled. According to…


EEUU empleo 2

US employment figures reflect labour market weakness, non-farm job losses hit 105k

Bankinter | Non-farm payrolls (November) came in higher than expected at 65k versus 50k expected. Private payrolls surprised on the upside, reaching 64k versus 50k. However, October figures reflected notable weakness in the labour market, with non-farm payrolls down by 105k. The unemployment rate rose unexpectedly by two tenths of a percentage point to 4.6% (versus 4.5% expected and 4.4% previously), as a result of a proportionally higher increase in…


Naturgy edificio 640x420

Blackrock sells 7.1% of Naturgy stake, becoming fourth largest shareholder

Alphavalue / Divacons | Blackrock adjusted its stake in Naturgy to 12.6% after selling 7.1% held through Global Infrastructure Partners (GIP), according to the latest update of the National Securities Market and (CNMV) records published yesterday. This makes the investment fund the fourth largest shareholder, behind Criteria (23.96%), CVC (18.58%) and the Australian fund IFM (15.16%). Meanwhile, CriteriaCaixa strengthened its position as Naturgy’s main shareholder by increasing its stake to…


faes farma muro

China’s 19.8% tariffs on EU pork imports affect Faes Farma: animal nutrition division, specifically pigs, accounts for 13% of revenue

Renta 4 | China has decreed the imposition of 19.8% tariffs on pork imports from the European Union. Following an investigation, China has concluded that the EU was exporting pork to China in terms of unfair competition. However, given that Spain has cooperated in the investigation, the tariffs imposed on Spanish pork will only amount to 9.8%. Furthermore, this tariff does not affect Iberian pork. Assessment: This news is negative…


Spain real estate

Home sales in Spain fall 2.5% year-on-year in October to 67,789 transactions due to collapse in new-build sales

Link Securities | The National Statistics Institute (INE) reported that in September, home sales in Spain fell by 2.5% year-on-year to 67,789 transactions. Compared to September, the number of home sales rose by 6.3%, while the cumulative increase for the year to October (10M25) was 12.3%. In the month analysed, 93.4% of the homes sold in October were private and 6.6% were social housing. Furthermore, in year-on-year terms, the number…