After the market’s close yesterday, NH Hoteles sent a statement to the Stock Market Regulator (CNMV) in which it informed of the board’s unanimous decision to reject the merger proposal made by Barceló on November 20.
Western democracies are inevitably prone to mounting national debts, as voting populations want government services or handouts, but do not want to pay for them.
If there is something that the months of January have in common every year are the numerous sectorial reviews which every analyst consensus makes. Tradition focuses on 12 companies in the Stoxx600 with a recent buy recommendation.
Caixin | The banking regulator has recently announced its punishment for a number of banks involved in illicit practices in 2017, imposing record fines totaling more than 2 billion yuan ($308 million).
Deutsche Bank’s shares fell again yesterday (-0,97% added to the 5.16% drop on Friday) after releasing a profit warning for the 2017 fiscal year. This is due to the negative impact of the tax reforms in the US and worse figures in investment banking as a result of low trading levels.
Property firm Metrovacesa, controlled by BBVA and Santander, has confirmed it will return to the stock market via an IPO of its shares amongst institutions.
Ence has signed agreements for the sale of 100% of its targeted pulp production in 2018. The news has already had a positive impact on the share price.
Spain ended 2017 with 611.146 more people in a job, a notable improvement on the results of the previous four years. The number of people signed on with the Social Security rose 3.4% to 18.460.201 from a year earlier.
Benoit Coeure, a member of the European Central Bank (ECB) Executive Board, believes the renminbi will eventually become a major international currency. He also warns about the bitcoin bubble, reminding that the bitcoin is not a currency but a speculative investment.
Greece enters a new year that could prove to be a watershed in its long and meandering traipse through three successive bailouts and faltering efforts to overcome the chronic weaknesses that contributed to one of the most damaging economic crises the developed world has seen.