Business News & Financial News

In Spain 17th August 2026

Government extends the lifespan of the Almaraz nuclear power plant until June 2030, but maintains the 2035 phase-out date

The limited extension is adopted after considering the energy situation marked by uncertainty in international energy markets. However, the Ministry emphasizes that this extension does not alter the closure date for the entire nuclear fleet in 2035. The Ministry for the Ecological Transition and the Demographic Challenge (Miteco) published Order TED/864/2026 of August 12 in the Official State Gazette (BOE) on Friday, granting the renewal of the operating authorization for…

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…

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In the World 14th August 2026

Development of artificial intelligence could surpass China’s industrial boom, say Capital Group

Analysis by Capital Group The potential of the artificial intelligence phenomenon could be greater than we realise. In the race for supremacy in this field, the tech giants are making capital investments on a scale and at a pace that could surpass the industrial boom experienced in China in the early 2000s, which many consider to be the greatest in modern history. After joining the World Trade Organisation in 2001,…

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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