A few years ago, Tesla was fighting for its economic survival. Company boss Elon Musk calls Tim Cook for help, but the Apple boss shows no interest. The iPhone manufacturer escapes a billion dollar business. According to CEO Elon Musk, Tesla could have been in the hands of Apple today. As Musk confirmed on Twitter, […]
Tag: Economy
Recovery is a long time coming: Tourism has had a real horror year
The pandemic is shaking tourism to the core. Since most trips have been canceled or canceled, companies have to refund a lot of money. That puts pressure on liquidity. Not only small travel agencies are facing the end, the industry leader is also in difficulties. Improvement is not in sight. Bargain pleasure instead of corona […]
“Economy more resilient”: Altmaier does not expect a broad recession
The second wave will not have as negative an impact on the German economy as the first in spring, expects Federal Minister of Economics Altmaier. 71 billion euros in aid have already flowed to companies alone. Altmaier does not expect a broad recession Federal Minister of Economics Peter Altmaier does not expect the economy to […]
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 Government assumes the management of European funds without attempting a consensus with the opposition
The Council of Ministers approved this Tuesday to assume the management and approval of European funds of a historical dimension for Spain by means of a Decree-Law without consensus with the opposition. The First Vice President of the Government, Carmen Calvo, has presented the new regulations for the control of up to 140,000 million euros […]
Pablo Iglesias, dissatisfied with the rule that prohibits evictions: “The decree is not the panacea”
The team of Pablo Iglesias a victory can be scored in at least one of the battles he had raised in the negotiation of the new decree to prohibit evictions. The norm will finally extend the prohibition to cut the basic supplies of electricity, water and natural gas to people in vulnerable situations until the […]
The National Court will investigate the sale of Alcoa’s plants in Avilés and La Coruña
The judge of the National audience Maria Tardon has admitted to processing the complaint presented by the Confederation of Professional Staff against a total of ten individuals and nine between legal entities in relation to the sale process of Alcoa’s plants in Avilà © s and La Coruna. The complaint is presented for facts considered […]
Hotel nights plummet 84% despite a 17% drop in price
The collapse of tourism was visibly noticeable in the middle of the second wave, in the month of November, when nights in hotels fell 84% compared to last year. With half of Spain with restrictions on mobility, hotel establishments received only 1.1 million travelers, with a total of 2.8 million nights recorded, compared to 18 […]
The Generalitat demands money from Pedro Sánchez for the stigmatized neighborhood of La Mina in Barcelona
The Generalitat tries to get the Executive of Pedro Sánchez to invest to unblock the operation to relocate dozens of residents of La Mina and demolish the most ramshackle block in the neighborhood, in the humble suburbs of Barcelona. The plan to demolish the building of the Venus street and displacing its inhabitants is budgeted […]
The Government approves with two months of delay a rescue to the hotel industry without direct aid
The Government has approved this Tuesday, almost two months after its announcement, a rescue plan for hotels and businesses that aims to alleviate the critical situation these businesses are experiencing due to the impact of the pandemic, but which these sectors consider insufficient because there is no direct aid, which was what they asked for. […]
