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Articles by The Corner

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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.
Lack of political will for renewables energy

In Europe 16th September 2018

Why Is There Still A Lack Of Political Will For Renewables?

Arek Sinanian | There appears to be a continuing struggle between economic rationalism and efforts to abate greenhouse gas emissions and, in particular, commitment to the 2015 Paris Climate Agreement. I have no doubt that such struggle and disjointedness in the introduction of renewables into the mix of the global energy supply is inevitable. After all, it’s another industrial revolution of sorts — one that is green in color instead of a black sooty one.

quiebra lehman

World economy 15th September 2018

Ten Years After Lehman, The Crisis Is Not Over

Currently no one is really satisfied on the way the great recession of 2008 has been solved. As Philippe Waechter, chief economist at Ostrum AM, points, “banks profitability is back to a higher level but, even with a stronger regulation, no one is totally convinced that it would resist to a new major crisis.”

Mapfre

Ibex, Markets 14th September 2018

The Mutualist Roots Of Mapfre Has Not Let It Keep Up With The Rest Of The Sector

The Spanish leader in insurance has registered a modest performance of +14% in the last two years, the weakest among the insurers analysed at Alphavalue. Since August 2017, when the hurricane season began in the US, Mapfre has not been able to keep up with the rest of the sector. In Alphavalue´s estimates, the company should benefit from a first series of three consecutive years of growth in net profits in the period 2018-20.

Naturgy enters the TOP 5 of independent renewable operators in Australia

Ibex, Markets 13th September 2018

Naturgy Enters The Top 5 Independent Renewable Operators In Australia

Australia has awarded to a subsidiary of Naturgy a total of 180 MW installed capacity in a windpower project located approximately 150km from the city of Melbourne. The wind farm is expected to contribute gross operating profits (Ebitda) of approximately 22 million euros when it is in full operation.

Google setback to China

World economy 13th September 2018

Google’s Playbook to Succeed in China

L.B. Chong via Caixin | The cat is out of the bag: Google LLC is reportedly working on a trial version of a filtered search app for China after a hiatus of eight years. Although Google subsequently reiterated that it was not close to launching a search service in China, this is still big and deeply divisive news.

The paradox of the ECB long-term refinancing operations

In Europe 12th September 2018

ECB’s Meeting: Draghi Will Not Stop To Remind That The Purchases Programme Is Flexible

The ECB’s meeting next Thursday will serve to prolong the continuist tone and will be characterised by an appearance by Draghi in which he will continue with his message of prudence. The Italian will also recall that the ammunition remains ready and will insist on the roll-over of matured assets in the portfolio linked to QE, at the same time as again deferring raising interests rates, signalling summer 2019 as a posible date.