MADRID | Studies on Augmented Reality forecast that this market will reach a value of $600 billion in the next four years. Telefónica plans to tap it through a partnership with specialised provider Aurasma.
In the Apple-Samsung battle, there might be an element missing from the iPhone creator that it could borrow from its counterpart: humour.
The Spanish bank released Innovation Edge. BBVA claims it will share with readers its knowledge on innovation and trends affecting the financial sector.
The Spanish Group approached the €1 billion net profit mark in the first six months of the year, surpassing analysts expectations. Although growth comes from non-domestic demand, investment in Spain will reach €450 million.
The Spanish company’s Brazil division Autometal now owns 50 percent of Nanjing Forging, in which Donghua had a 96.75 percent stake. The joint venture deal cost Cie Automotive €17 million.
Spain’s Ferrovial was given by Sustainable Asset Management, which assesses companies’ sustainability, 83 points or 27 above industry’s average. The corporation was first included in the Dow Jones sustainability index in 2002.
BARCELONA | “La Caixa” will be the first European bank offering its private banking clients a Facebook-like service so they can more easily communicate with asset managers. The entity seeks to increase total funds to €47 billion.
MADRID | After its first shop opening in China in 2006, Zara has this month started online retail activity with a dedicated website. Inditex, the parent company, expands towards emerging economies to avoid the European recession.
Abengoa has acquired a majority stake in South Korean company Hankook R&M with the option of raising its ownership rate to 100 percent. South Korea is the world’s fourth larger producer of steel dust.
Israel Railways will activate a contract option with Vossloh España, the Spanish subsidiary of the German Vossloh Group, and purchase nine more train Euro3000 locomotives . Last year, Vossloh España provided 15 Euro3000 units and 14 Euro4000 ones. Israel Railways has already been delivered 73 locomotives designed and manufactured in Vossloh España’s factory in Valencia. The €100-million initial operation has now been extended at a further €30 million value. Israel Railways…