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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.

Relevant News Item 8th July 2025

Profitability of buying property in Spain to rent out falls to 7.2% in second quarter, compared to 7.5% in same period 2024

CdM | The gross return on buying a property to put on the rental market fell to 7.2% in the second quarter, compared to 7.5% in the same period in 2024, according to a study by Idealista. Offices remain the most profitable real estate investment. They offer a gross return of 11.5%, down from 12.8% twelve months ago. Commercial premises offer a return of 10.1% (9.7% a year ago) and…

In Spain 8th July 2025

Utilities: draft financial remuneration rate for networks set at 6.46%; comments allowed until 4 August

Renta 4 | On Friday, the Spanish regulator CNMC published a consultation on the methodology for calculating the financial remuneration rate for electricity transmission and distribution activities, and natural gas regasification, transmission and distribution, and establishes the financial remuneration rate applicable to electricity transmission, system operation and distribution activities in the 2026-2031 regulatory period. The draft financial remuneration rate is 6.46%. A period for comments is now open until 4…

In Europe 7th July 2025

Delivery of 60 aircraft by Airbus in June means annual target of 820 difficult to meet

Norbolsa | The aerospace company announced that it had delivered around 60 aircraft in June, bringing the total for the first half of 2025 to just over 300. This figure is below the pace needed to reach its annual target of 820 deliveries. The company would have needed to deliver 410 aircraft by June to be on track to meet its annual target. In this regard, the company announced that…

In Spain 7th July 2025

XXI PP Congress: Feijóo Offers to “End the Nightmare” of Pedro Sánchez

Acclaimed by all attendees and with 99% of the votes, Alberto Núñez Feijóo was re-elected as the Secretary-General of the PP this weekend. But the political news from the XXI PP Congress is that Feijóo pledges not to govern in a coalition with Vox, not to make pacts with “this PSOE,” and not to “submit” to the nationalists. In other words, he intends to govern alone. “I don’t want to…

In Spain 7th July 2025

PSOE Federal Committee: Sánchez Says Captain Does not Abandon Ship in Storm (If Necessary, He Sinks With It)

Permanently blackmailed by his legislative partners—ranging from the far-right Catalan party Junts to the communists of Sumar or the heirs of ETA—the PSOE has been unable to present a budget in two years, and the processing of every law has become an impossible mission. It was known that governing after losing the elections, with impossible alliances, would lead to an impossible labyrinth. The dead end we find ourselves in today….

In Europe 5th July 2025

EC aims to reduce net greenhouse gas emissions by 90% by 2040, compared to 1990 levels

Alphavalue/ Divacons | The European Commission yesterday presented an ambitious proposal for the European Union to reduce its net greenhouse gas emissions by 90% by 2040, compared to 1990 levels. The proposal includes new flexibilities designed to ease the burden on domestic industries. Under the plan, the EU could purchase carbon credits from developing countries, which could account for up to three percentage points of the overall 90% reduction target.

World economy 4th July 2025

US and Vietnam reach trade agreement: 20% tariff on Vietnamese exports in exchange for full access to American market

Intermoney | Donald Trump announced yesterday that he had reached an agreement with Vietnam. The terms stipulate that Vietnam will pay the United States a 20% tariff on all goods exported to US territory and a 40% tariff on any transhipments, while in return, Vietnam will grant the United States full access to its commercial markets. Vietnam presented a particular challenge for the Trump administration, as some of the president’s…

In Spain 4th July 2025

United Arab Emirates organising summit in Madrid to propose stronger investment in renewables and revive interest in Naturgy

Link Securities | The United Arab Emirates is organising a summit in Madrid on 8 July where it will propose strengthening its investment in renewables and reviving its interest in Naturgy (NTGY), following the failed takeover bid in 2023 alongside CriteriaCaixa. Abu Dhabi has €30 billion to invest in Spain, and recent changes at Criteria, with Francisco Reynés at the helm, could facilitate new negotiations. Other major Naturgy shareholders, such…

In Spain 4th July 2025

Duro Felguera attempts to agree on restructuring plan before 31 July to avoid bankruptcy proceedings

Link Securities | Duro Felguera (MDF) reports that the company’s objective is to agree on a restructuring plan with its creditors before 31 July, the date authorised by the judge handling the proceedings, in order to avoid bankruptcy. If a restructuring plan is agreed, MDF will request its judicial approval. The restructuring plan involves a risk for shareholders, as it could affect the company’s financial position. At the date of…

In Spain 4th July 2025

Spanish Government to Announce Public Employment Offer of Up to 27,000 Positions, 15% fewer Than in 2024

The Spanish government will release a Public Employment Offer (OEP) this year for up to 27,000 positions for the General State Administration (AGE), a 15% decrease compared to last year’s offering. The CCOO trade union, which did not support last year’s OEP—considering it insufficient—estimates around 27,000 positions, with 16,500 being newly created. These figures do not include positions for the Armed Forces and State Security Forces. The reduced number of…

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