The Big Tech de Silicon Valley it is still immune to the coronavirus. Amazon, Facebook, Apple y Google presented numbers higher than expected by the analysts of Wall Street, showing, once again, its dominant position worldwide and its undeniable power in the midst of one of the greatest economic crises that the United States has […]
Tag: economy / companies
IAG already loses more than 5.567 million until September and criticizes the measures of governments to face the pandemic
IAG, the group that owns Iberia, British Airways or Vueling, suffered a loss of 1.3 billion euros in the third quarter of this year (July-September) due to the collapse in passenger traffic derived from the pandemic, as reported this Friday. In these nine months the losses amount to 5,567 million euros, compared to the profit […]
Iberia will wait for the Government to close the rescue of Air Europa to renegotiate the price
The pandemic has blocked one of the largest operations in the Spanish air sector. Iberia’s purchase of Air Europa from the Globalia group continues because “the strategic value still makes sense”, but the airline of the IAG group will wait for the government to close the rescue of Air Europa to renegotiate the price. “We […]
ACS earns 477 million until September, 38% less, due to the impact of Abertis results
ACS earned 477 million euros in the first nine months of the year, representing a drop of 37.9% compared to the same period of the previous year, weighed down by the negative contribution of Abertis, whose traffic has been “strongly affected” by the containment measures introduced in most of the countries to stop the advance […]
Telefónica resists against the covid but its profit is reduced by half, weighed down by the business in Argentina
Telefónica manages to reduce the impact of the pandemic on its accounts in the third quarter of this year, although revenues or ebitda suffer an inevitable erosion when compared with the figures for the same period in the previous year. Meanwhile, other problems arise, specifically a deterioration of the business in Argentina with a negative […]
“The future of the planet would have been worse ecologically without the pandemic”
Has the coronavirus opened up opportunities? Is the pandemic going to leave something positive after sweeping the planet with more than a million deaths and sinking the global economy? What role will the ecological transition play in the recovery of the economy? The President of EY Espa , Federico Linares placeholder image, has highlighted this […]
Spain ranks seventh in the EU in sustainable finance
 Sustainability has become one of the factors that moves the investment world in recent times and that also affects the governments themselves. Spain is doing its homework in this regard and has managed to position itself among the European leaders in the issue of green bonds, occupying seventh place in the Financial Sustainability Indicator […]
Garamendi believes that the Government Budgets are “unrealistic”
This was stated during the 35th congress of Aecoc, the Association of Manufacturers and Distributors of Mass Consumption, which is held today in Valencia. According to Garamendi, now “is not the time to raise taxes.” “It is a mistake and it goes in the opposite direction to what other countries are doing”, such as France, […]
Tourism is entrusted to the communities to “save Christmas and get to Easter”
 The fact that the Government wants to extend the declaration of the state of alarm until May to curb the second wave of the pandemic throws more uncertainty about the Christmas tourist campaign and even Easter. The sector believes that what worries the most is the announcement of the deadline because it deters international tourists. […]
Hotel nights registered the biggest drop in the summer, although prices fell by 13%
The overnight stays (nights) in hotel establishments they fell 78.4% in September compared to the same month of the previous year, due to the outbreaks of late summer, the closure of some hotels that already gave up the season for lost and the restrictions (quarantines) of some European countries. That is only two out of […]
