Amazon Will Open New R&D Centre In Barcelona
Amazon will open a new research and development centre in Barcelona, where over 100 scientists and software engineers will work.
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Siemens Gamesa pursues the repowering of wind farms
Siemens Gamesa will increase the annual amount of energy produced at the wind farms of NextEra Energy Resources in Texas (US) by up to 25%. As a result, it will boost their profitability and efficiency, as well as extend their useful life, the company said.
Tourism Spending In Spain Beats Records Once Again
Tourism spending in Spain in the month of July totalled 11.902 billion euros, up 16.3% from 2016 and, yet again, beating records. Accumulated spending for the year totals 49.119 billion.
Could Italy Benefit From A Hung Parliament?
Unlike next German elections, investors are getting nervous ahead of Italy’s elections, but t the truth is that risks look much lower than a year ago these days. In fact, analysts at Citi Research don’t expect a ‘perfect storm’.
What Really Drives Latin American Equities
Latin American equities have been on a wild ride in recent years. After heavily underperforming global equity markets until 2015, their fortunes have turned. As pointed by Deutsche Bank AM, the MSCI Latin America Index is up by more than 20% in 2017. A closer look at correlations reveal Latin American equities correlate with metals and mining, not with politics.
Renfe Will Submit Bid To Develop First High-Speed Rail Line In The US
On Wednesday September 6, Renfe will submit a bid to develop what will be the first AVE train in the US, running between Los Ángeles and San Francisco in California. The bid fits in with the company’s internationalisation strategy.
Top Picks In The Spanish Real Estate Market: Merlin Properties Leads The Pack
Spain’s property sector continues generating good news: housing purchases over the last two years have been rising at double digit rates, prices increasing ten months in a row around 4%. Real estate companies as well as Socimis underlie behind this positive trend. Merlin Properties is a top pick in the real estate sector. It has a portfolio of top quality, diversified assets.
Bundesbank Revives The Debate About ‘Ultra Low’ Rates Hurting The Small Banks
The latest survey carried out by the Bundesbank and BaFin (Germany’s Federal Authority for Financial Supervisión) highlighted a matter which is causing great concern for the “European growth driver”: the “ultra low” official interest rates continue to “strongly weigh” on the smaller German banks.
Clouds Over US Outlook, Sunshine In Europe
While the euro area managed to sustain its upbeat momentum over the summer months , market doubt s about the trajectory of the US recovery have started to deepen. As economic growth becomes less dependent on accommodative monetary policy, markets are increasingly focusing on politics and the ability of governments to implement fiscal and structural reforms.
French Labour Reform Will Fuel Fast Improvement In Job Creation, Boost Economy
French President Emmanuel Macron’s government has announced reforms to loosen labour market regulations, fuel a fast improvement in employment numbers and boost the economy.