The Court of Instruction number 6 of Madrid has confirmed the indictment of the Russian businessman MijaÃl Fridman in the so-called ‘Zed case’. Judge Manuel GarcÃa-Castellon has issued an order in which he rejects the appeals presented by both the PÃ © rez Dolset family and the Public Prosecutor’s Office and confirms that there are […]
Tag: Economy
BBVA prepares an ERE for 3,000 employees in Spain
BBVA prepares an ERE with which it plans to cut 3,000 jobs in Spain, which would represent 10% of its workforce. The bank wants to carry out an adjustment plan in the first half of the year to reduce its costs. The group had already opened the door to this possibility at the end of […]
They sentence a company to compensate its staff with 50,000 euros for not respecting the recoverable paid leave
A company in AbadiÃo (Bizkaia) has been ordered to compensate its staff with 50.000 euros for violating the fundamental right of workers “to their physical and moral integrity” when it reopened on April 2, 2020, one week before the paid leave established by the Government ended. The Social Chamber of the Superior Court of Justice […]
The hotelier Luis Riu, acquitted of the cause investigating the alleged payment of bribes in Miami
Businessman Luis Riu, one of the most important hoteliers in Spain and CEO of Riu Hotels & Resorts, has been exonerated in the judicial proceeding that the Florida Prosecutor’s Office had brought against him for three years for an alleged collection of bribes in kind by a senior Urban Planning official from Miami Beach, where […]
Kevin Sneader, terminated as director of McKinsey
McKinsey partners have voted to replace Kevin Sneader as global managing partner, according to the Financial Times. The consultancy’s next leader is expected to be Bob Sternfels or Sven Smit, who are in the final round of the election process. Sneader’s dismissal would have to do with his management during various crises and with his […]
The odyssey of the 2,700 Spanish cattle that have been roaming the Mediterranean for two months
Last Monday, February 22, the ship Karim Allah, loaded with 880 head of Spanish cattle, it returned to Cartagena (Murcia), from where it had left on December 18. He returned to the place of departure after spending more than two months roaming the Mediterranean after Turkey, the country to which the merchandise was destined, refused […]
The self-employed reject Sánchez’s plan: “If the closure was for everyone, the aid too”
Shortly after one year of the outbreak of the crisis and the hibernation of the economy to stop the pandemic, self-employed workers admit to being on the edge. With the vast majority assuming revenue declines that exceed 60% in six out of ten cases, the aid deployed by the Government will not be enough to […]
The Hosbec employers’ association will ask the Consell that a hotel reservation allows the perimeter closure to be skipped
With the de-escalation debate more present than ever after bending the curve of the third wave of coronavirus in the Valencian Community, and with Easter just around the corner, the hotel industry wants to start to get out of the situation of assisted breathing you are on today. With just one 20% of the hotel […]
We can believe that it is “difficult to understand” the change of opinion of the PSOE about the rent and warns that it is “a red line”
The confrontation within the Government over the regulation of the rental price continues. Nacho Ãlvarez, Secretary of State for Social Rights and spokesperson for Economía de Podemos, recalled that the coalition agreement “was clear.” So, after Josà © Luis Ãbalos Refusing to limit prices, he affirmed that “it is difficult to understand this change of […]
The bankruptcy of Abengoa unleashes a political war: the Government points to the banks and the Board
The Minister for the Government, MarÃa Jesús Montero, has defended the Government’s actions in the case of Abengoa’s bankruptcy and has pointed out other participants in its rescue, including the banks and the Board, as possible responsible for the situation. In Montero’s opinion, the Ejectuvo has done “its duties and tasks” to maintain the viability […]
