Blackrock, the largest fund manager in the world, has raised its holding in the electricity company to 5.008% from the 4.998% it held, and remains the second largest shareholder behind the sovereign wealth fund Qatar Investment Authority (QIA).
The oil price has risen 70% in the last 12 months, from 45$/ barrel for Brent in June 2017 to around 80$ in May 2018. Thus, after three years of low prices, crude has returned to levels not seen since the end of 2014. What are the forces behind this increase in oil price? Could it damage the world economy?
Parques Reunidos buys “Wet n Wild” water park in Australia for 25 million euros, plus variable compensation depending on income. The operation makes sense to drive the internationalization of the company, currently present in Europe, the US, Asia and the Middle East.
According to the estimates of BBVA Research, social security enrollment increased 0.8% in second quarter , and unemployment reduced 1.6%.
In its strategic plan for 2018/2020, presented last February, Sabadell set the objective of reducing its exposure to problematic assets to below 9 billion euros. In the end the bank will exceed this target.
Bankinter analysts believe the markets are undervaluing the European Financial Sector. Expect average BPA for the sector as a whole to exceed 10% in 2018.
Luis Gómez Romero via The conversation | Mexico’s next president will be Andrés Manuel López Obrador, a former Mexico City mayor and outspoken critic of the political establishment both in Mexico and the United States. The 64-year-old leftist, who had for months led a crowded presidential field, beat three competitors on July 1 to triumph in his third presidential bid.
Recently renamed Naturgy, Gas Natural has presented its Strategic Plan 2018-2022 to analysts in London. In this new stage, the company will carry out radical changes in its share holding and leadership.
