The pandemic has forced 85,000 hotel establishments to close so far this year, although from now to February the figure could reach a third of the total number of stores in Spain (about 100,000) if measures are not approved to support the sector, according to data presented by HostelerÃa of Spain, which brings together more […]
Tag: economy / companies
Inditex resists the pandemic and earns 671 million until October
Despite the complicated situation generated by the pandemic, Inditex, the textile group that owns chains such as Zara, Berskha or Massimo Dutti, has managed to leave behind the historical losses registered in the first half of the year as a result of the crisisand gradually reduce the drop in sales, thus straightening their accounts. As […]
The ECB lifts the veto on banks and will allow them to distribute 15% of their profit as a dividend
The European Central Bank (ECB) has lifted the ban on the dividend distribution of banks that it established in the wake of the pandemic, although it limits them to 15% of the accumulated profit in 2019 and 2020, at least until September 2021. In addition, you must ¡N refrain from distributing dividends on account of […]
Brussels threatens to chop up big tech if they repeat anti-competitive behavior
The European Commission continues to tighten its belt digital giants. On the fiscal side, on the technical side and on the political side. After launching measures to try to advance the objective of fair taxation, this wednesday the team of Ursula von der Leyen It has presented two proposals in one of its main priorities […]
The ‘joint venture’ of BBVA and Allianz Seguros begins operating in Spain
BBVA has announced the birth of BBVA Allianz Seguros, the joint venture of bancaseguros agreed with Allianz in April, after the transfer from BBVA Seguros to Allianz of half plus one share of BBVA Seguros Generales for about 274 million euros. After having obtained all the necessary authorizations, and within the framework of their agreement […]
The collapse of tourism causes a 40% drop in cigarette sales linked to the sector
The collapse of tourism derived from the pandemic has caused a drop in cigarette sales related to the sector of 40%. That is in areas closely linked to tourist activity and which this summer have suffered a drop in visitor arrivals Foreign sales have been cut almost in half. This was stated today by Agueda […]
The United Kingdom removes the Canary Islands from its list of safe brokers
The British Government has decided to remove the Canary Islands from its list of “safe corridors”, which will force people who return from the islands to the country to keep a quarantine. The announcement has advanced it on Twitter British Transport Secretary Grant Shapps, claiming that it is due to the “increase in cases and […]
Airbnb soars 110% after its premiere on Wall Street
The stock price of the digital platform Airbnb has shot up 110.27% this Thursday after its premiere on Wall Street, in the line pointed out by experts who anticipated that it could double its starting price, set at $ 68. At 2:15 p.m. local time (19:15 GMT) the shares of the vacation rental platform stood […]
Regulators and US states denounce Facebook and ask to separate it from WhatsApp and Instagram
Facebook, the social media giant that accounts for 70% of that market in the United States, has encountered today the greatest threat in its history as a company since Mark Zuckerberg founded it at Harvard University 16 years ago: two lawsuits, one from the Federal Telecommunications Commission – the US competition regulator – and another […]
This is how the airline sector prepares for its greatest logistical challenge: the transfer of vaccines
The air sector, one of the sectors that is suffering the most from the impact of the pandemic due to restrictions on mobility, is preparing for the transfer of vaccines for the coronavirus that are being finalized by the different laboratories: Pfizer, Moderna and AstraZeneca. Their distribution “in the time to be determined” will be […]
