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.
oil barrels

OPEC+ agrees to increase production by 547,000 b/d in September and ends restoration of 2.2 Mb/d withdrawn from market in 2023

Bankinter | OPEC+ agreed to increase production in September by 547,000 b/d. This is the sixth consecutive monthly increase. With this move, it completes the restoration of 2.2 Mbd that it withdrew from the market in 2023. OPEC justifies its decision on the basis of the stability of the global economic outlook and the solid fundamentals of the market (low inventory levels). As a reference, OPEC+ (which includes other countries…


empleo hosteleria

Number of unemployed falls slightly in July to 2.4 million (implicit rate 10%)

Bankinter | The number of unemployed fell by 1,357 in July, from 48,900 in June. Unemployment stands at 2.40 million people (down 0.06% month-on-month and 5.71% year-on-year). Seasonally adjusted Social Security enrolment stands at 21.6 million people (up by 31,080 workers, 0.14% month-on-month and 2.24% year-on-year). Bankinter analysis team’s view: The number of unemployed fell slightly in July, compared to the slight upturns in August in recent years. The number…


banco sabadell

Sabadell completes share buyback, reaching maximum amount of €755 million

Link Securities | Banco Sabadell (SAB) announces that, following the last of the acquisitions, it has completed the execution of the Share Buyback Programme, having reached the maximum monetary amount of €755 million provided for in the Programme, which represents the acquisition of a total number of 264,551,530 treasury shares or approximately 5.003% of SAB’s share capital as of this date. As indicated, the purpose of the Buyback Programme is…



telefonica

CNMC liberalises 100% of broadband market: Telefónica will have to continue renting physical infrastructure

Banc Sabadell | The National Markets and Competition Commission (CNMC) has liberalised 100% of the broadband market, a decision that will come into force in February 2026. The CNMC believes that with the rollout of fibre by telephone companies and the creation of Masorange, Telefónica (TEF) can no longer be considered to have a dominant position. The last market review was carried out in 2021, increasing liberalisation to 70% of…


amper. def

Amper closes 1H2025 with record order book worth €572 million thanks to increased defence sector demand

Link Securities | Amper (AMP), specialising in energy, defence and communications, closed the first half of this year with a record order book, mainly thanks to increased demand from the defence sector, where orders are skyrocketing due to international geopolitical tensions, according to the newspaper Expansión. Amper, as reported to the National Securities Market Commission (CNMV), managed an order book worth €572 million at the end of the first half…


BCE noche

ECB test shows Banco Sabadell and Unicaja as institutions with greatest capital deterioration

Renta 4 | On Friday, the ECB released the results of the stress test. This exercise, we recall, does not establish a pass/fail threshold, but is designed to provide additional information for the supervisory review and evaluation process. The adverse stress scenario has been designed by the EBA/JERS for a three-year time horizon (2025-2027) and assumes a hypothetical worsening of geopolitical tensions, with very negative and persistent trade and confidence…


china componentes

China’s manufacturing PMI returns to contraction territory, falling to 49.5 points in July

Bankinter | The Caixin manufacturing PMI returns to economic contraction territory (<50 points) after falling to 49.5 points in July (versus 50.4 expected and 50.4 previously). Bankinter analysis team view: The decline in activity reflects the loss of momentum in global trade due to the trade war and weak domestic demand in China. The manufacturing PMI has been in expansionary territory continuously from October 2024 to April 2025, but everything…


Acciona windpower

Acciona Energía reviews whole portfolio of facilities and projects in Mexico as part of asset rotation process

Link Securities | Acciona Energía (ANE), the renewable energy subsidiary of Acciona (ANA), has put its entire portfolio of facilities and projects in Mexico under review as part of the group’s asset rotation process, according to the newspaper Expansión, citing financial sources. Acciona Energía declined to comment on the matter. Mexico is Acciona Energía’s fourth largest market in terms of installed renewable energy capacity worldwide and the most important in…