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coches venta

European economy, European politics, In Europe, Relevant News Item 22nd August 2024

EC lowers tariffs on Chinese car imports after concluding investigation

Link Securities | As part of the conclusions of the European investigation into China’s anti-competitive subsidies, the European Commission (EC) has revised tariffs on Chinese car imports downwards, after gaining a clearer picture of the support enjoyed by China’s car industry, according to Expansión newspaper on Tuesday. In this sense, the EC said yesterday that it considers that Chinese manufacturers enjoy an “unfair” advantage because of the subsidies they receive…

iberdrola junta sanchez galan

Companies, Ibex, Relevant News Item 22nd August 2024

Iberdrola included again in international FTSE4Good index

Link Securities | Iberdrola (IBE) has been included for another year in the prestigious FTSE4Good international index, designed to facilitate investments in the world’s most sustainable companies, using ESG (environment, sustainability and governance) criteria as a benchmark, the company announced yesterday. IBE has met the requirements of the committee in charge of deciding the members of the index. In this way, it complies with an increasingly demanding methodology that includes…

Talgo

Companies, Relevant News Item 21st August 2024

Talgo could sell 20 high-speed trains to Saudi Arabia, adding around €700m to its order book

Banc Sabadell : The company’s CEO reportedly said that the company had intensified its contacts with the Medina – Mecca consortium with the aim of manufacturing and supplying 20 high-speed trains, according to press reports. According to these sources, the company and the consortium have not reached an agreement on the final price of the trains, since the costs have risen substantially from the €35 million per unit that had…

EEUU industria

In the World, Relevant News Item, World economy 20th August 2024

US leading indicator deteriorates in July to lowest level since 2016

Bankinter: The leading Indicator deteriorated more than expected in July (-0.6% month-on-month from -0.2% previously and -0.4% expected). The Leading Indicator fell by – 0.6% (month-on-month) in July; in year-on-year terms -5.2%, which broke with the slight trend of improvement of the last six months. From a historical perspective, the indicator registers the lowest level since November 2016 (one tenth below April 2020). By components, the improvement in Consumer Orders…

Técnicas Reunidas 2

Companies, Relevant News Item 20th August 2024

Técnicas Reunidas successfully develops technologies with critical raw materials and rare earths

Link Securities | Técnicas Reunidas (TRE) has announced that it has successfully developed proprietary technologies in two areas that are currently of great strategic and geopolitical importance: critical raw materials and rare earths, according to the Bolsamanía portal. In addition, TRE has other proprietary technological developments in fields that are fundamental to the energy transition, such as carbon capture, green hydrogen production, the circular economy and biorefining. The company carries…

exportaciones comercio viajes 1

European economy, In Europe, Relevant News Item 20th August 2024

Eurozone trade surplus rises to €22.3 billion in June

Link Securities | According to Eurostat data, the Eurozone’s trade surplus rose to €22.3 billion in June, exceeding analysts’ consensus forecast of €13.3 billion and also surpassing the €18 billion surplus in the same month last year. Imports decreased by 8.6% year-on-year to €214 billion, mainly due to lower purchases of manufactured goods (-11.0%); transport equipment and machinery (-11.0%); mineral fuels, lubricants and related products (-9.1%); and chemicals (-6.8%). Meanwhile,…

mercados broker

In the World, Markets, Relevant News Item, World economy 16th August 2024

Macro benchmarks ease recession fears

Renta 4: European stock markets point to a new upward opening (EuroStoxx futures +0.27%) to end the weekly session in positive territory . On the bond market, in the US, the 2-year IRR rose more than 14 bps to 4.11%, while the 10-year rose c.+9 bps to 3.91% (3.90 this morning). In Europe, we also witnessed a rebound in IRRs, on average +6 bps, with the T-Bund at c. 2.25%…

inflacion precios

In Spain, Relevant News Item, Spanish economy 16th August 2024

Inflation falls to 2.8% due to electricity and food; underlying at 2.8%, lowest since January 2022

CdM | In July, the fall in electricity prices caused inflation to drop six tenths of a percentage point, with the Consumer Price Index (CPI) falling to 2.8%, according to the final data published by the National Statistics Institute (INE). The moderation in food prices also contributed. The CPI is thus at its lowest level since February and has now fallen for two consecutive months after the rises recorded in…

faes farma muro

Companies, Relevant News Item 15th August 2024

Faes Farma’s rise is serious

Renta 4: Since 2020, the stock has accumulated four years of consolidation since 2012. These consolidation ranges are usually of continuity of the previous trend (upwards since 2012). Since March, the price has shown a striking robustness and faces the passage of the guideline linking the highs of 2007, with those of 2020 and 2022 at €3.70, above which it would confirm its good form. The narrowness of the price…

Repsol novedad

Companies, Ibex, Relevant News Item 14th August 2024

Repsol signs alliance with Honeywell to create new avenues for production of biofuels and circular materials

Link Securities | Repsol (REP) has signed a partnership with Honeywell to create new production pathways for biofuels and circular materials, according to BolsaMania. The two companies will also explore the possible integration of these methods into Repsol’s existing facilities. They plan to expand and commercialise Honeywell’s technologies for the production of renewable chemicals and fuels at REP’s refineries. They aim to produce different biofuels, including sustainable aviation fuel (SAF)…