The Plenary of the Fourth Chamber of the Supreme Court has established that the collective suspension of contracts (FOR HIM) due to force majeure, derived from the state of Covid-19 health alarm, is compatible with the concessionaire’s right to request the economic restoration of the contract. The judgment, a presentation by Judge Rosa MarÃa Virolà […]
Tag: economy / companies
CaixaBank and Bankia are unable to close the structure of the ‘superbank’: “It is a very sensitive issue”
Bankia and CaixaBank have not yet closed the distribution of positions and the organization of the structure in the new ‘superbank’ almost four months after announcing their integration. The president of the Madrid bank, Josà © Ignacio Goirigolzarri, has explained that these processes are “very delicate” and managers are focused on managing well other legal […]
The GameStop case or how a ‘trolling’ on Reddit triggers the shares of a company adrift
Wall Street has been revolutionized for days by the phenomenon GameStop, a popular chain of video game and electronics stores whose shares lead to daily increases of around 50%. The apparent troleo from a subgroup on Reddit called WallStreetBets It seems to be behind the operation that is shaking the orthodoxy of the American park, […]
The IFM investment fund launches a tender offer of 5,060 million for 22% of Naturgy
The Australian investment fund IFM has launched by surprise a takeover bid for the Spanish electricity company Naturgy valued at 5,060 million euros in cash to acquire 22.7% of the group. The company has already submitted its offer to Naturgy’s board of directors and now has one month to present the brochure with all the […]
PharmaMar soars 20% in the stock market due to the results of plitidepsin against Covid
PharmaMar he rides one more day on the Ibex 35 due to the results of his investigations against the coronavirus. The latest findings recognized by the journal Science about the chemical compound plitidepsin they are the reason that this Tuesday its shares rise more than 20% in the Madrid park and are above 108 euros. […]
UniCredit finalizes the signing of former UBS president, Andrea Orcel, as new CEO
UniCredit is considering appointing Italian banker Andrea Orcel, former UBS president, as its new CEO, sources close to the negotiations told Reuters. The figure of the executive began to sound strongly for the position thanks to the support of the bank’s international investors and a group of local shareholders headed by Leonardo Del Vecchio. However, […]
Johnson plans to isolate visitors to the United Kingdom in hotels for a price of 1,200 euros that travelers will have to bear
The government of Boris Johnson plans to introduce the drastic 10-day “Australian” isolation measure in hotels to visitors to the UK. He premier He was in favor of limiting the measure to visitors from Brazil, South Africa or countries considered high risk by the new strains of coronavirus, but the majority of his Cabinet has […]
Wuhan, mirror of China’s economic acceleration
From the top of the Yellow Crane Tower, if you look south, you can see the Optics Valley, the economic and technological development zone of Wuhan. A huge valley surrounded by buildings of more than 30 floors, luxury hotels and international corporations that began to settle in this place in the late 1990s, attracted by […]
Navantia, Pymar and Siemens present to Industry a program to digitize shipyards
Navantia, Pymar and Siemens have jointly submitted to the Ministry of Industry, Commerce and Tourism a program for digitize the Spanish shipyards, which aims to generate a 6% increase in turnover in six years and between 15 and 20% the competitiveness of the sector, with a total effect on the economy of more than 3,000 […]
The coronavirus further separates the two salary Spain: services sink and technology sectors fly
Spain is moving towards an economy and a labor market at two speeds. The crisis caused by the coronavirus has widened the differences between the sectors that suffer the most from the consequences of the pandemic and those others that have not only been able to overcome adversity, but have also improved their future prospects. […]
