The Bank of Spain warns that the balance sheet clean-up process that financial institutions have carried out in recent years has come to a halt as a result of the pandemic. Doubtful or failed loans that banks must prevent with provisions that allow absorbing their impact are once again one of the greatest risks to […]
Tag: Business
Iberdrola, Acciona and Repsol, the Ibex35 companies with the best presence in networks
Iberdrola (with a 36.66% share of interactions), Acciona (20.63%) and Repsol (6.95%) led the ranking Epsilon Icarus Analytics Ibex35 2020, developed by Epsilon Technologies to measure the impact of companies on social media. Santander (5.70%), Mapfre (5.10%), Telefónica (3.75%), Meliá (2.90%), Bankia (2.53%), Endesa (2.49%) and Aena (1.89%) completed the top 10. Regarding networks, Facebook […]
Bernanke, Gertler, Kiyotaki and Moore receive the Frontiers of Knowledge award
The BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Business Management has been awarded to Ben Bernanke, Mark Gertler, Nobuhiro Kiyotaki y John Moore “for their fundamental contributions to understanding how imperfections in financial markets can amplify macroeconomic fluctuations and generate deep recessions,” according to the minutes of the thirteenth edition of the […]
One in three companies no longer expects to recover their pre-crisis level of income until at least 2023
The bad economic start to the year has raised the pessimism of Spanish companies about the potential recovery of their billing levels prior to the outbreak of the pandemic. More and more companies do not foresee to recover their sales until next year or even from 2023, according to a survey carried out by KPMG […]
AstraZeneca earns 2,592 million euros in 2020, 159% more
The Anglo-Swedish pharmaceutical company has developed one of the vaccines against the coronavirus Anglo-Swedish drugmaker AstraZeneca, which has developed one of the coronavirus vaccines, made a net profit of 2,592 million euros (3,144 million dollars) in 2020, 159% more than the previous year. In a statement sent this Thursday to the London Stock Exchange, the […]
An insurance company is sentenced to compensate a Girona pizzeria for losses during confinement
The Civil Section of the Hearing of Girona has sentenced an insurance company to compensate a pizzeria with 6,000 euros that he claimed alleging a section in his policy that included the ‘stoppage of activity’ with an amount of 200 euros a day for 30 days. The restaurant contracted the policy on February 13, 2020 […]
Isabel Díaz Ayuso says that Pedro Sánchez “will abandon Catalonia” after the elections “like Spain in the pandemic”
Spurred on by the praise for his interventions in the debate on TV3 on Tuesday night, Alejandro Fernández faces the final stretch of the campaña electoral with the aim of improving the poor results of the PP in 2017 and recovering its own group in the Parliament. The head of the list popular He was […]
Biden halts plan to force TikTok to sell its US assets
The Joe Biden administration suspended the plan to force TikTok to divest its US assets while assessing the alleged security risks of the popular Chinese app, The Wall Street Journal reported Wednesday. Citing unidentified sources, the outlet claimed that the new government had indefinitely archived the plan to demand the sale of TikTok, owned by […]
Insurers revolt before the ruling that forces them to compensate the closure by Covid: “It does not go into the bottom of the matter”
The ruling of the Girona Provincial Court that obliges an insurer to compensate a pizzeria for the loss of profits generated by the closure during the state of alarm has shaken the sector. It is a firm sentence that, above all, could set a precedent for new demands in the same direction and that has […]
Jéssica Albiach: “Salvador Illa is now a conservative because he is hunting for Citizens’ votes”
Successor of the charismatic Xavier DomÚnech at the head of En Comú Podem in the Catalan Parliament, jassicca Albiach (Valencia, 1979) is the only candidate for the presidency of the Generalitat who publicly defends an entente to govern between her party , the PSC and Esquerra Republicana. Does governing with the Socialists in La Moncloa […]