Business News & Financial News

In Spain 7th August 2026

Red Eléctrica forecasts eclipse will reduce solar generation on Iberian Peninsula by 5 GW

Consejeros Editorial Team The solar eclipse on 12 August will have a limited and temporary impact on solar generation, specifically on photovoltaic power. Red Eléctrica’s algorithm estimates that this early sunset will reduce solar generation on the Iberian Peninsula by approximately 5 GW. The phenomenon will occur during a time slot when this technology naturally begins to decline. In this context, the eclipse will bring forward and slightly accentuate this…

In Europe 10th August 2026

Germany’s economic reality far less negative than public sentiment suggests, according to DWS

Recent growth figures, leading indicators and signals from the financial markets suggest that the German economy is performing better than the prevailing sentiment would suggest. Analysis by DWS Public perception suggests that the German economy remains marked by the crises of recent years. The energy crisis, the inflationary shock and the prolonged weakness of the industrial sector have weighed heavily on confidence. However, the latest data paint a more encouraging…

In the World 10th August 2026

World Bank sees AI as opportunity for developing countries to accelerate growth by decades

The technology could significantly boost productivity by 2030, but this requires closing gaps in energy, connectivity, skills and institutional quality. Consejeros Editorial Team Artificial intelligence (AI) could enable developing countries to achieve in a decade what might otherwise take a century, according to the World Development Report 2026: The Promise of Artificial Intelligence, produced by the World Bank Group. The institution believes that the technology offers an opportunity to boost…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

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