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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.
IPC varios Eurozona.

European economy 25th February 2025

Eurozone inflation rises to 2.5% in January due to increase in energy price, largest increase since July

CdM | Eurozone inflation rose by a tenth of a percent in January, bringing the year-on-year rate of the Consumer Price Index (CPI) to 2.5%, in line with estimates and the highest increase since July last year, according to the second reading published by Eurostat, the statistical office of the European Union (EU). The rise in inflation was mainly due to the increase in the cost of energy, which rose…

Spain defence spending

In Spain 24th February 2025

NATO accelerates pressure to increase military spending, including Italy and Spain

NATO Secretary General Mark Rutte urged Alliance partners on Thursday to raise military spending to 2% of GDP by summer and warned that those who do not comply will receive ‘a call from a very nice man in Washington,’ referring to President Trump. Rutte commented yesterday that there are already ’22 or 23′ states meeting the 2% commitment, but some are still lagging behind – Italy and Spain, among others…

grenergy

Relevant News Item 24th February 2025

Grenergy revamps brand to position itself among leaders in energy storage with $2.6-billion investment plan until 2026

CdM | Grenergy has presented its new brand image, reaffirming its strategic commitment to lead the energy storage sector globally. To achieve its goal, the company presented an investment plan of $2.6 billion between 2023 and 2026. The plan, which is very focused on storage, “underlines its commitment to move towards a more sustainable and efficient energy model, based on offering a stable energy supply,” they say. ‘Green must go…

sacyr 4 588x353

Relevant News Item 24th February 2025

Ahead of Sacyr 2024 results: pending asset rotation in Colombia; declines in concession revenues

Renta 4 | Awaiting to find out the date on which Sacyr (SCYR) will present its 2024 figures and hold its conference. Overweight, P.O. €4.29. Results that we hope will continue to be in line with the group’s strategy. Single-digit declines expected in concession revenues, as, despite the fact that concessions are still on the rise, construction revenues are falling due to the completion of major projects in 2023. In…

airbus A320

European economy 24th February 2025

Airbus CEO says deliveries to non-US customers could be prioritised if tariffs disrupt imports

Link Securities | Airbus (AIR) CEO Guillaume Faury made it clear on Thursday that he could prioritise deliveries to non-US customers if tariffs disrupt the aircraft manufacturer’s imports into the United States, according to Bolsamanía. We have great demand from the rest of the world, so if we face very significant difficulties in delivering to the United States, we can also adapt by bringing forward deliveries to other customers who…

ence 2

Relevant News Item 24th February 2025

Ence agrees with BBVA to acquire and promote La Galera biomethane plant: bank to contribute some €19 million

Link Securities | Spanish cellulose manufacturer Ence (ENC) has reached an agreement with BBVA (BBVA) to acquire and promote the La Galera biomethane plant, which it recently acquired in Tarragona through its subsidiary Ence Biogás, according to the Expansión newspaper. Using the project finance formula, BBVA will contribute just over €19 million for the purchase of the factory from a group of local ranchers, farmers and investors, as well as…

ECB Eurosystem

European economy 23rd February 2025

ECB says inflation risks increasingly ‘skewed to upside’ and could consider ‘pauses’ in rate cuts

BancaMarch | The ECB could discuss ‘pauses’ in rate cuts. Isabel Schnabel, a member of the ECB’s executive board, has said that the monetary authority could be close to ending the process of rate cuts in the eurozone, concluding that the risks surrounding inflation are increasingly ‘skewed to the upside’. It should be remembered that, since the summer, the ECB has cut the price of money relatively quickly, and everything…

Fed Septiembre 2023

In the World 23rd February 2025

Fed minutes show main risk is possible rise in inflation due to trade policies

Norbolsa | The policy proposals of the new Trump administration were causing inflationary concerns within the US monetary authority, as reflected in the minutes of its last meeting in January. In these, the attendees reflected the main risk of the scenario as the possibility of inflation picking up and not the concern that the labour market would lose strength, expressly citing the potential effects of trade and immigration policies, the…

Electricas

In Spain 21st February 2025

Electricity 200% more expensive than a year ago, but futures predict sharp decline in spring

Grupo ASE | The upward trend in electricity prices began last summer. This is mainly due to the rising costs of gas and CO2 emissions. However, analysts at Grupo ASE describe the increase recorded so far in February, of nearly 200% year-on-year, as extraordinary and point to wind energy, which has been well below its historical averages. They explain that the growth of renewables means that weather conditions increasingly impact…

iberdrola solar

Spanish economy 21st February 2025

Iberdrola to supply Diamond Foundry with 100% renewable energy for manufacture of synthetic diamonds in Trujillo

Link Securities | Iberdrola (IBE) and Diamond Foundry have signed a contract whereby the energy company will be responsible for supplying the energy to the company for the synthetic diamond manufacturing process at the plant that has been commissioned in Trujillo (Cáceres), according to the Bolsamanía portal. The contract states that the supply will be 100% renewable and with a guarantee of origin issued by the National Commission for Markets…