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Tag: Economic News Specials

Valencia and Barcelona rebel against the ‘tax exile’ of vehicle rental companies

Valencia and Barcelona rebel against the ‘tax exile’ of vehicle rental companies

The exponential increase in vehicle renting and leasing that has occurred in Spain in the last five years is generating an unexpected effect in the cities where this formula has been implemented with greater force. Despite the fact that the mobile park in the renting modality has shot up 66.07%, according to the figures of […]

Amazon launches Amazon Fresh and challenges supermarkets

Amazon launches Amazon Fresh and challenges supermarkets

Amazon has launched its Amazon Fresh service fast home delivery of supermarket products, which aims to compete with supermarkets, and which joins the Dia supermarket store, launched at the beginning of the year, according to the electronic commerce giant. Specifically, the multinational has indicated that Its goal is to serve millions of Amazon Prime customers […]

The weight of trade and the low technological intensity of the industry limit the response of the economy to Covid

He strong weight of trade and low technological intensity of the industry of the Valencian Community limit the response of the region’s economy to Covid-19, according to the latest report of the Observatory on Government, Strategy and Competitiveness of Companies (GECE), promoted by Bankia and the Valencian Institute of Economic Research (Ivie), in which the […]

The super assure that there will be no shortage: “This is not like March. It is a matter of hours”

The super assure that there will be no shortage: “This is not like March. It is a matter of hours”

Madrid supermarkets have returned to an alert situation similar to that of MarchThis time due to the storm Filomena, with the shelves of the stores in some areas completely empty and people gathering food in case the situation continues. Mercamadrid has been closed since Saturday, and trucks have not been able to access the city […]

El Corte Inglés will create a new logistics subsidiary to compete with Amazon

El Corte Inglés will create a new logistics subsidiary to compete with Amazon

The English Court will create a new independent subsidiary dedicated to logistics to compete with Amazon and with the aim of offering its infrastructure to third parties and tripling its business volume to a turnover of 1,200 million euros, as reported to Europa Press in sources by the group chaired by Marta Ãlvarez. Specific, the […]

Endesa reaches an agreement with the unions to lay off 10% of its workforce: 1,200 employees

Endesa reaches an agreement with the unions to lay off 10% of its workforce: 1,200 employees

Endesa has reached with all its union forces (UGT, SIE and CCOO) an agreement for voluntary departure for up to a maximum of 1,200 employees during the next four years, framed within the process of energy transition and digitization set by energy in its new strategic plan. This agreement implies the accounting record of a […]

The digital infrastructure sector aims to attract up to 32.5 billion European funds

The digital infrastructure sector aims to attract up to 32.5 billion European funds

Digital infrastructure companies aspire to attract a total of 32,500 million euros from European funds, as calculated in the Conference Investment opportunities in digital infrastructures organized this Thursday by the DigitalES association. Jose Antonio Vázquez, from the operator Onivia, recalled that, of the 72,000 million investment going to Spain from Brussels to face the covid […]

The Government will invest 4.32 billion in deploying high-speed broadband and 5G

The Government will invest 4.32 billion in deploying high-speed broadband and 5G

The Government foresees an investment in 5G for five years of 4,320 million euros of public investment, 883 million of these already foreseen in the Budgets for 2021, with the aim of mobilizing a private investment of 24,000 million euros, such and as explained by the Minister of Finance and spokesperson MarÃa Jesús Montero, after […]

Endesa’s parent company shoots up its investments in renewables by 36%: 40,000 million until 2023

Endesa’s parent company shoots up its investments in renewables by 36%: 40,000 million until 2023

Enel, the Italian electricity company to which Endesa belongs, plans to make investments worth 40,000 million euros until 2023, which represents an increase of 36% compared to what has been foreseen so far. This is reflected in the Strategic Plan 2021-2023, presented this Tuesday by the Italian company, which contemplates that these investments will mobilize […]

Repsol launches its ‘profitable decarbonisation’: it will invest 5.5 billion in ‘green’ from crude oil

Repsol launches its ‘profitable decarbonisation’: it will invest 5.5 billion in ‘green’ from crude oil

Repsol has presented its new 2021-2025 strategy with which it intends to accelerate its transformation towards a more sustainable business model without losing sight of profitability. With this objective in mind, the group will invest in the next five years a total of 5.5 billion euros in renewable energy to double its generating power to […]