Oryzon shares continue to soar after announcing HQ move to Madrid
Shares in biotech company Oryzon Genomics continued their advance today, after the company said on Tuesday that it plans to move its headquarters from Barcelona to Madrid.
Spanish economy
Spanish services sector pushed by new business in September
Spain’s services sector, about 50% of the country’s GDP, was boosted in September thanks to new business at the fastest rate in more than two years, according to Markit’s Purchasing Managers’ Index (PMI).
Spain jobless figures to September are, on first sight, mediocre: but the best in net SS affiliates since 2005
Bankinter |The variation in the number of jobless in September (according to the Social Security register) was apparently slightly higher (worse) than forecast: +27.900 vs +21.500 expected vs +22.801 in September 2016. (That said it was slightly better than the 26.087 registered in September 2015).
Spanish bond prices do not reflect the Catalan “issue”
Spanish bond prices are not reflecting the risk of Catalan secession simply because the foreign economic press doesn’t rate the likelihood of it happening, nor the conflict which will follow 1-O.
Education In Spain: At The Bottom Of All The International Rankings
All the figures and statistics related to education in our country paint a picture which is not just bad, but catastrophic…For example, the number of young Spaniards who don’t even have a high-school education, 35%, is double the OECD average.
Housing prices in Spain have grown 16% since end-2014
Housing prices have grown 16% since end-2014, according to the Bank of Spain. This is after a decline of 37% in nominal terms (45% in real terms) since their peak at end-2007.
Spain tourism sector has three key drivers to maintain its momentum
CaixaBank Research | Spain’s tourist sector is on course for another record-breaking year, with close to 50 million international visitors arriving on its shores in the first seven months of 2017, an 11.3% rise on 2016 and 49.4% higher than in 2010.
Foreign Investors Have Confidence In Spain’s Listed Companies: They Hold 43% Of Their Shares
Foreign investors have increased their leadership in terms of how many shares they own in Spanish listed companies. They held 43.1% of the total at end-2016.
No Changes In The Spanish Electricity Market; Chronic Overcapacity Will Remain
Spain’s energy minister, Alvaro Nadal, has explained current week in a meeting with companies from Spanish electricity market that he is betting on a mix of competitive electricity generation which takes advantage of all kinds of technology, including coal and nuclear.
Omissions In The Bank Of Spain’s 2017 Report On Spain’s Financial And Banking Crisis
Pablo Fernández | The “Report on the financial and banking crisis in Spain, 2008-2014” published by the Bank of Spain last May is 252 pages long, but omits important facts and dates. The most surprising thing is that it seems to assume that the financial and banking crisis in Spain was the result of “contagion” from the ‘”international financing crisis”.