The Corner5h
FCA fines TSB, Sabadell’s British subsidiary, for unfair treatment of customers with problems
The Financial Conduct Authority (FCA) has fined TSB, the British subsidiary of Banco Sabadell, £10.91 million (around €13.04 ...
The Corner5h
IAG: British Airways readjusts long-haul capacity due to delays in delivery of Rolls-Royce engines and parts
British Airways (BA; 52% of IAG 2024 BS(e) capacity) is readjusting its long-haul capacity schedule in the face of delays in ...
The Corner5h
China takes some fiscal measures, but remains hesitant to move decisively on measures to boost domestic consumption
Finally, China is finalising certain fiscal measures, although it is still not taking a decisive step. The main novelty of ...
The Corner13h
Iberdrola doubles UK investment plan to €28bn on back of strong growth prospects for energy demand
According to press reports, the company will revise upwards its investment forecasts in the UK until 2028, to £24,000 million (approximately ...
The Corner14h
ArcelorMittal agrees to buy 50% of Nippon Steel’s JV in Calvert for $1, only if Japanese company eventually acquires US Steel
The European steelmaker has reached an agreement with Nippon Steel to buy 50% of its stake in the Calvert mill. ArcelorMittal holds the remaining ...
The Corner22h
Lagarde should act now
j.P. Marín-Arrese | Headline inflation is markedly dropping in Europe, even if the core one trails behind. Plummeting energy costs have played a key role in reining in prices. Yet, the ongoing Middle ...
The Corner1d
Banco Santander acquires CLM Fleet Management in UK, specialist in passenger car and commercial vehicle leasing management
Link Securities | Banco Santander (SAN) has taken new steps to grow in the leasing business, which has become one of its ...
The Corner1d
OPEC+ cuts 2024 and 2025 global oil demand estimate for third consecutive month
OPEC+ has lowered its global oil demand estimate for the third consecutive month for 2024 and 2025. It will reach 104.14 mbd ...
The Corner1d
Navantia in talks to buy ‘Titanic’ shipbuilder to save €1.9 billion contract
The Spanish company Navantia, along with its subsidiary Navantia UK, is currently exploring all kinds of alternatives, ...
The Corner1d
Fitch maintains France’s rating at AA-, but reduces outlook to Negative due to sharp rise in public deficit, potentially 6.1% at year’s end
Bankinter: Fitch maintained its rating at AA-, but downgraded its outlook to Negative. It justified its decision on the sharp ...
The Corner1d
Sacyr wins fourth concession of 2024, Ruta del Itata in Chile: minimum 18 years and €1.2 billion revenue portfolio
Intermoney | Sacyr (Buy, PO €4.4) announced on Sunday that it has won the concession for the Ruta del Itata (Northern Access ...
The Corner1d
Basque steelmaker Sidenor considers entering Talgo with injection of funds from Mirai investment vehicle, and Basque Government as partner
The president and owner of the Spanish steelmaker Sidenor, José Antonio Jainaga, is postulated as an industrial investor to take the entry in Talgo ...