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The Bank Of Spain Warns That Entities Are Facing A New Increase In Bankruptcies And Requests Aid Only For Viable Companies

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...

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%)...

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...

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...

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...

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...