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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.
Airbus C295 Espana Defensa

Companies 29th December 2025

Airbus wins contract with Ministry of Defence to manufacture 18 C295 military transport aircraft

Link Securities | According to the newspaper Expansión, aerospace giant Airbus (AIR) has been one of the major beneficiaries, along with INDRA (IDR) and Navantia, of the special modernisation programmes (PEM) launched by the Spanish government. Under the PEMs, Airbus has secured a contract with the Ministry of Defence to manufacture 18 C295 military transport aircraft, which will replace the current CN235 and C212 aircraft. These aircraft will be used…

repsol diesel nexa

Companies 29th December 2025

Repsol reaches 1,500 stations with 100% renewable Nexa Diesel in Spain and Portugal

CdM | Repsol (REP) has reached a new milestone in its transport decarbonisation strategy, with 1,500 service stations supplying 100% renewable Nexa Diesel in Spain and Portugal. Specifically, 1,429 are located in Spain and 71 in Portugal, thus meeting the target set in the updated 2024-2027 strategic plan. With this advance, Repsol has positioned itself as the most important network in Europe for 100% renewable fuels. So far this year,…

iberdrola offshore

Companies 29th December 2025

Trump’s intention to halt work on five offshore concessions has limited impact on Iberdrola

Alphavalue/DIVACONS | Despite the Trump administration’s intention to halt work on five offshore concessions, our analysts believe that the measure has limited impact on Iberdrola (IBE). The company itself clarified that 80% of the wind turbines at the Vineyard Wind One offshore wind farm have been producing electricity for months and supply power to nearly 400,000 homes in Massachusetts. Only two of the 62 nacelles remain to be installed. The…

unemployment spain

In Spain 29th December 2025

Unemployment rate for over-55s, 9.8%, exceeds over-25s at 9.4%

The unemployment rate for people over 55 stood at 9.8% in 2025, 0.4 percentage points higher than the rate recorded for the over-25 age bracket. Historically, this age group has shown lower levels of unemployment than the rest of the workforce, according to the latest analysis by the BBVA Foundation and the Valencian Institute of Economic Research (Ivie) in their publication Esenciales, which tracks trends since 1980. However, this barrier…

Spanish Banks precious

Relevant News Item 26th December 2025

Bank of Spain updates GDP forecasts: 2.9% for 2025; 2.2% for 2026 and 1.9% for 2025

Bankinter | The Bank of Spain has updated its forecasts for the Spanish economy, raising GDP growth for this year and the next two years: 2025 will close with an increase of 2.9% (up 0.3%), 2026 with 2.2% (0.4%) and 2027 with 1.9% (0.2%). The improvement in growth projections is based on a review of recent quarterly activity and domestic demand, particularly the dynamism of private consumption. With regard to…

salaries spainTC

Spanish economy 26th December 2025

Spain’s GDP moderates by one tenth year-on-year to 2.8% in Q3 2025, lowest in almost two years

Singular Bank | According to the INE, in Q3 2025, our country’s GDP moderated its growth rate slightly to 0.6% in quarterly terms, after standing at 0.7% between April and June. Meanwhile, in year-on-year terms, the pace of growth in Spanish economic activity slowed by 0.1 pp to 2.8%, its lowest rate in almost two years. This trend can be explained by the moderation of the year-on-year contribution of final…

The year has just started with the banking sector rising strongly

In Spain 26th December 2025

The European Deposit Insurance Scheme: The Missing Step for Banking Union

By Gloria Hervás (Global Head of Public Policy, Banco Santander) | I have been working in banking for nearly 25 years, and I have experienced the debate over European financial integration firsthand—even before the complicated months leading up to the 2008 financial crisis. I still remember how doubts regarding the solvency of one part of the financial sector dragged down the industry as a whole, and how this fed into…

exports gorgeous

In Spain 23rd December 2025

Spain’s trade deficit grows 47% due to sharp rise in imports

The Spanish trade deficit increased in the first ten months of the year (10M2025) to €45,799.5 million, a 47.6% increase compared to the same period in 2024 (€31,023.1 million), driven by a strong surge in imports. According to trade balance data published this Monday by the Ministry of Economy, Trade and Business, Spanish exports rose by 0.8% between January and October, reaching €324,772.7 million; however, the rebound in imports was…

oryzon

Companies 23rd December 2025

Oryzon Genomics obtains patent in Japan for ‘Combinations of iadademstat for cancer therapy’

ORYZON GENOMICS (ORY) announced on Monday that the Japan Patent Office has issued a Grant Decision for patent application JP2021-557187, entitled ‘Combinations of iadademstat for cancer therapy,’ strengthening the global protection of its iadademstat compound. Once the formal grant is issued, the company expects the patent to remain in force until at least 2040, excluding any possible extension of its term. With this decision, ORY has secured patent protection for…

caf cartel fachada

Companies 23rd December 2025

Belgian national railway operator SNCB awards CAF contract for new train fleet, initially worth €1.7 billion

Bankinter | SNCB, Belgium’s national railway company, has awarded CAF the contract to renew its fleet. It is a framework agreement, with an initial scope of 180 trains, which would amount to €1.7 billion. The agreement provides for extensions of up to 380 additional units. Analysis team’s view: Good news for CAF, confirming the positive momentum in contracting. The initial amount represents a 10% increase on the order book at…