Top Stories

Articles by The Corner

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.
china aranceles

In the World 14th October 2025

China’s trade balance deteriorates in September, but due to 7.4% rise in imports

2025 Bankinter | China’s trade balance deteriorates in September, although due to higher imports. The trade balance is $90.45 billion versus $98.05 billion estimated and $102.3 billion previously. Exports are up 8.3% year-on-year against 6.6% expected and 4.4% previously. Imports are up 7.4% year-on-year against 1.8% expected and 1.3% previously. Analysis team’s view: Although the trade balance is apparently weak, having fallen more than expected, the truth is that this…

cirsa

Companies 14th October 2025

Cirsa issues bonds worth €1 billion following July’s upgrade of debt rating

Renta 4 | The company has notified the National Securities Market Commission (CNMV) that it will issue senior secured fixed-rate bonds maturing in 2031 and senior secured variable-rate bonds maturing in 2032 for a total nominal amount of €1 billion. This refinancing is being carried out by taking advantage of the improvement in its debt rating by rating agencies at the end of July and the reduction in net debt…

Grenergy nueva

Companies 14th October 2025

Grenergy inaugurates ‘Monte Aguila’ hybrid plant, combining solar generation and storage, in El Cabrero, Chile

Alphavalue / Divacons | The renewable energy company held the groundbreaking ceremony for the ‘Monte Aguila’ hybrid plant, located in El Cabrero (Chile). The project will combine solar generation and storage with an installed capacity of 340 MW of solar energy and 960 MWh of battery storage. The total investment amounts to $264 million (approximately €228 million). This plant is part of the Central Oasis project in Chile and is…

inditex zara interior

Companies 14th October 2025

Inditex opens store in Caesars Palace in Las Vegas, one of Nevada’s largest shopping centres

Link Securities | Inditex (ITX) has set its sights on Las Vegas (Nevada, United States), with the opening of a store in Caesars Palace, one of the largest gaming and shopping establishments in the state, according to a report on Tuesday by Expansión. Inditex announced that it will open a Zara flagship store in The Forum Shops at Caesars Palace, the shopping centre of the famous hotel and casino. The…

Aena nuevo

Companies 14th October 2025

Aena passenger traffic up 2.6% in September, exceeding 30 million passengers

Intermoney | Aena (AENA) (Hold, Target Price €24) announced its passenger traffic figures for September 2025 on Monday when the market opened. Figures in Spain showed a increase of 2.6% last month, exceeding 30 million passengers, of which nearly 11.3 million were distributed between Barajas and El Prat, which increased their figures by slightly less than 1% and 4%, respectively. Among the other major airports, Malaga (up 5%) and Alicante…

bbva sabadell

Companies 14th October 2025

Only 2.8% of retail shareholders with shares deposited at Banco Sabadell accept BBVA’s takeover bid

Bankinter | Only 2.8% of retail shareholders who have their shares deposited at Banco Sabadell (SAB) accept BBVA’s takeover bid (BBVA). Bankinter analysis team’s view: This is a very low percentage, implying acceptance of only ~1.1% of the capital, as these shareholders represent ~30.8% of Sabadell’s share capital. We do not yet know the percentage of acceptance among retail investors who have their shares deposited with other entities and among…

young spaniards

In Spain 14th October 2025

Only 72% of Young People Aged 25-29 are Employed In Spain, Second Lowest Figure in EU-27

According to Funcas, the Spanish Savings Banks Foundation, in 2025, only 72% of young people aged 25 to 29 in Spain are employed. This figure is lower than the EU-27 average (77%) and places Spain in 26th position out of the 27 EU countries (ranking from highest to lowest rate), far behind the leaders: Lithuania (84%), the Netherlands (87%), and Malta (90%). Funcas, which finds it striking that more than…

Talgo building

Companies 13th October 2025

Talgo delays delivery of 13 new high-speed trains to Renfe

Link Securities | Talgo (TLGO) has once again delayed the delivery of 13 new high-speed trains to Renfe, which could result in further penalties from the public company, in addition to the €116 million it already faces for the delay of more than two and a half years in the delivery of the Avril 106 trains, according to Expansión newspaper.

tecnicasreunidasentrada

Companies, Relevant News Item 13th October 2025

Técnicas Reunidas, strong candidate to participate in €5.6 billion oil projects put out to tender by Kuwait

Link Securities | Técnicas Reunidas (TRE) is one of the strong candidates to participate in the oil projects put out to tender by Kuwait, through the state oil company Kuwait Oil Company (KOC), according to Expansión newspaper. Specifically, the process is divided into several lots totalling around $6.5 billion (around €5.6 billion). The newspaper notes that Técnicas Reunidas has submitted the best bids to build several fluid separation facilities and…

lecornu

European politics, In Europe 13th October 2025

Macron reappoints Sébastien Lecornu as Prime Minister for government with little chance of survival

Bankinter | Emmanuel Macron yesterday appointed a new government to be headed once again by Sébastien Lecornu. He made some changes to the Council of Ministers, notably in the Economy and Finance portfolio, with Roland Lescure taking charge of presenting the 2026 budget. The first Council of Ministers meeting will be held tomorrow. Analysis team’s view: Good news, although this new government offers little guarantee of survival. The fragmentation of…