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.
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Ence plans to triple renewable energy division EBITDA by 2030 by managing over 2 million tonnes of biomass annually

Alphavalue / Divacons | Ence plans to triple the EBITDA of its renewable energy division by 2030. This ambitious strategy is underpinned by the management of over 2 million tonnes of biomass annually, making it the leading operator in the Iberian Peninsula. In the same press release, the company announced that it continues to develop the largest renewable energy platform based on the conversion of biomass into industrial heat, regulated…


unicaja logo fachada

Unicaja Banco confirms “preliminary discussions” with Wizink Bank regarding potential agreement to boost card and consumer finance business

Link Securities | In relation to certain reports that appeared in some media outlets yesterday, Unicaja Banco informed the National Securities Market Commission (CNMV) that it regularly analyses potential investment opportunities or corporate transactions that could be of interest to all its shareholders. In this regard, it confirms preliminary discussions with WizinkBank, S.A., with the knowledge of the Board of Directors and within the framework defined in the Strategic Plan,…


ACS novisimo

ACS shares set to rise fivefold over four years thanks to data centre construction business

Morgan Stanley | Nic Mora (analyst) upgrades ACS to OW, seeing greater growth potential in its data centre construction division. Nic acknowledges the strong share price rally (5x in 4 years), which reflects the impressive data centre construction business (Turner), with global leadership, growth and potential for margin expansion. His new EBITDA estimates are 9–15% above the consensus, driven by both revenue growth and improved margins in data centres. Furthermore,…


Grifols

Grifols plans to make early repayment of €500 million of its 7.5% secured bonds maturing in 2030

Link Securities | Grifols (GRF) plans to make an early repayment of €500 million of its 7.5% senior secured bonds maturing in 2030. This transaction would enable the company to reduce its higher-cost debt, as part of its strategy to lower its cash interest expense and strengthen its capital structure. The partial repayment of the 7.5% senior secured bonds maturing in 2030 will take place following the previously announced and…


aena el prat

Total of 24.7 million passengers pass through Aena’s airports in March, 65.6 million in first quarter of 2026

Alphavalue/ Divacons | Aena’s network of airports in Spain recorded a total of 24.7 million passengers in March, 3.9% more than in the same month of 2025, although at a slower growth rate than the 4.2% recorded a year earlier. During the month, 216,024 aircraft movements were also handled (up 6.8% year-on-year) and 114,194 tonnes of cargo were transported, virtually in line with March 2025 (up 0.1%). In the first…


se alquila

Fedea reports: lower classes bear the brunt of government rent caps

The Spanish Government is currently seeking to ratify a Royal Decree in Congress that would extend rent controls for two years and cap annual increases at 2%. This decree, championed by Sumar—the more left-wing partner of the coalition—faces a difficult path to approval. Consequently, the PSOE has moved to process it separately to prevent Parliament from voting it down alongside other measures designed to mitigate the effects of the conflict…


telefonica nuevo logo

Telefónica unveils new drone operation solution based on remote rather than physical piloting

Alphavalue/ Divacons | The Spanish telecoms firm has launched a commercial service aimed at businesses and public authorities from its new T_Space facility, staffed by specialists in remote drone piloting. With this initiative, Telefónica is introducing a solution that transforms the traditional model of drone operation—which until now required pilots to travel physically to each mission, apply for specific permits and carry out preliminary assessments of the environment, all of…


EEUU consumidores conference board

US CPI for March yet to reflect full impact of Iran conflict: 3.3%, slightly below 3.4% expected

Bankinter | The CPI rose slightly less than expected in March: 3.3% against an estimate of 3.4% and a previous reading of 2.4%. Core rate 2.6% compared to an estimated 2.7% and the previous 2.5%. Analysis team’s view: the monthly figure (0.9% month-on-month) is the highest since June 2022, driven by the energy shock following the outbreak of the conflict in the Middle East. The rise excluding energy is more…


Turismo españa granada

Spanish tourism sector ends Q1 2026 with real growth of 2.1%, compared with 2.5% estimated, and despite war in Iran

Alphavalue/ Divacons | The Spanish tourism sector closed Q1 2026 with real growth of 2.1%. Although this figure is below the 2.5% estimated for the national economy as a whole, the period stands out for the strength of foreign demand. This progress has been achieved despite operational volatility and the uncertainty generated by the conflict in the Middle East.


china autos

Total vehicle sales in China fall 0.6% year-on-year in March to 2.899 million units, down 15.2% in February

Link Securities | The China Association of Automobile Manufacturers (CAAM) reported that total vehicle sales in China fell by 0.6% year-on-year in March (down 15.2% in February), reaching 2.899 million units. It should be noted that February sales plummeted as volumes were affected by the significant reduction in working days, since the Lunar New Year holidays fell in February this year rather than January last year. It is also worth…