Telefónica manages to reduce the impact of the pandemic on its accounts in the third quarter of this year, although revenues or ebitda suffer an inevitable erosion when compared with the figures for the same period in the previous year. Meanwhile, other problems arise, specifically a deterioration of the business in Argentina with a negative […]
Tag: business and finance
Spain ranks seventh in the EU in sustainable finance
Sustainability has become one of the factors that moves the investment world in recent times and that also affects the governments themselves. Spain is doing its homework in this regard and has managed to position itself among the European leaders in the issue of green bonds, occupying seventh place in the Financial Sustainability Indicator […]
Catalonia: bars and restaurants expropriated!
The media have chosen to talk about closings, but perhaps the word is not the most accurate. The Generalitat of Catalonia has imposed the suspension of the activity of bars and restaurants as a measure to face the second wave of covid-19, for a minimum period of 15 days. This has been accompanied by the […]
Tesla shatters records in its fifth consecutive profit quarter
Tesla has subscribed to the good results. With the data presented today at the close of Wall Street, there are already five consecutive quarters in which the electric vehicle company makes profits, the best streak in its 17-year history. Much of the blame is on a new three-month vehicle delivery record of 139,300, with […]
IAG loses 1.3 billion, with revenue drops of 83%
IAG, the group that owns Iberia, British Airways or Vueling, among others, suffered a loss of 1.3 billion euros in the third quarter of this year and a drop in its total income of 83%, as reported today to the National Securities Market Commission (CNMV). Detailed results for the third quarter will be released […]
The increase in VAT will mean a drop in turnover of up to 370 million and the loss of up to 6,165 jobs
The increase in VAT from 10 to 21% to sugary and sweetened beverages planned by the Government will result in a direct drop in turnover of between 119 and 370 million euros per year, as a result of the decline in consumption and between 1,980 and 6,165 jobs will be lost throughout the agri-food chain. The impact […]