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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.

In Europe 22nd June 2025

Indra to implement A-CDM/i-AOP collaborative decision-making system at Helsinki Airport

Link Securities | The company has signed a strategic alliance with Finnish airport operator Finavia to implement its A-CDM/i-AOP collaborative decision-making system at Helsinki Airport, the country’s main airport, with the aim of optimising the management of airport ground operations and aircraft turnaround times before take-off. As part of the agreement, Indra will also be responsible for the maintenance and future development of the system until 2031. This project reinforces…

In the World 22nd June 2025

Global oil demand to peak at 105.6 Mbd in 2029 and fall slightly in 2030, supply to rise to 114.7 Mbd, IEA predicts

Bankinter | The International Energy Agency estimates that global oil demand will continue to rise until the end of the decade. This is despite the fact that Chinese demand will peak in 2027, before moderating due to the advance of electric mobility. In the US, lower-than-expected electrification and lower energy costs will help boost oil demand. It estimates that developed countries will reach peak consumption in 2029, at 105.6 Mbd,…

In Spain 22nd June 2025

Redeia blames power companies for blackout

Bankinter | Redeia presented a report on Wednesday with its view of the causes of the blackout. Redeia chairwoman Beatriz Corredor justified the presentation of the report on the grounds of the company’s ‘legal obligation’ to produce such a document whenever a significant event occurs. The report points to a lack of energy absorption in the system, which caused a power surge. Absorption is a mechanism that allows some power…

In the World 20th June 2025

Fed keeps rates steady (4.25-4.50%), lowers GDP forecast and raises inflation forecast

Link Securities | The Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) kept its benchmark rates unchanged in the 4.25%–4.50% range for the fourth consecutive meeting in June, in line with expectations, as its members adopted a cautious stance to fully assess the impact of President Trump’s policies, particularly those related to trade tariffs, immigration and taxation. FOMC members also noted that uncertainty about the economic outlook has…

Spanish economy 20th June 2025

If Banco Sabadell sells TSB for around €2 billion, BBVA could cut takeover bid by up to 15%

Link Securities | BBVA could reduce its takeover bid for Banco Sabadell by up to 15% (between €1.6 billion and €2.3 billion, according to sources consulted) if the Catalan bank sells TSB for around €2 billion, according to today’s edition of the newspaper Expansión. The newspaper notes that the market believes that the sale of TSB is Sabadell’s last chance to halt the takeover bid, as it is taken for…

In the World 20th June 2025

Nippon Steel acquires US Steel: favourable for ArcelorMittal, which acquires 50% of one of North America’s best factories

Renta 4 | Nippon Steel finally acquires US Steel for $14.1 billion. This transaction means that ArcelorMittal (MTS) will acquire 50% of the joint venture it had with Nippon Steel in Calvert. Arcelor will pay $1. Nippon Steel will receive compensation of $900 million in cash and debt cancellation. The plant will be renamed ArcelorMittal Calvert. AM expects this acquisition to increase the group’s net debt by $1.3 billion and…

In Spain 19th June 2025

Entrepreneur Recommended by Sánchez’s Wife Indicted by European Public Prosecutor’s Office

In April 2024, the wife of the Prime Minister and Secretary-General of the PSOE signed at least two letters supporting the UTE (Temporary Union of Companies) formed by entrepreneur Barrabés’s consultancy in two bidding processes initiated by Red.es in 2020. The company, backed by Begoña Gómez, ended up winning the three lots it bid for, totaling €10.2 million, after outperforming other rivals in the subjective evaluation part of the tenders….

European economy 19th June 2025

Iberia (IAG) plans to invest €6 billion by mid-2030s, 70% in aircraft

Renta 4 | Yesterday was Iberia Day, attended by senior executives from IAG and Iberia, who gave presentations. Iberia is a success story of a restructuring process that began in 2012 and focused on three pillars: comprehensive transformation, leadership position in attractive markets and cost efficiency. Iberia remains well positioned to continue gaining market share in its main markets (Europe-Latin America, Spain-North America, domestic market and Spain-Europe). Management continues to…

In Spain 18th June 2025

Judges and Prosecutors Announce Three-Day Strike in July if Justice Reforms not withdrawn

All associations of judges and prosecutors, except the progressive ones, have agreed to go on a three-day strike in July to protest the reforms announced by the Minister of the Presidency, Justice, and Relations with the Cortes, Félix Bolaños. These reforms concern access to both careers and the Public Prosecutor’s Office, aiming to adapt it to the future change in the criminal procedural model, where investigations will transfer from judges…

In Europe 18th June 2025

First day of Paris Air Show sees Airbus get orders for 132 aircraft from two Saudi companies, Poland’s LOT and Japan’s ANA

Bankinter | Airbus announced yesterday several orders for 132 cargo and passenger aircraft on the first day of the Paris Air Show being held this week, from Saudi leasing company AviLease (40 aircraft of various models, which could be expanded in the future), Riyadh Air (25), Polish airline LOT (27) and Japanese airline ANA(40). Analysis team’s view: Good news on orders, although the company’s main challenge remains to speed up…

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