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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.

In Spain 12th June 2026

AI could result in net loss of 400,000 jobs in Spain between 2025 and 2035

The OECD estimates that 27.4% of jobs in Spain are potentially at risk of task automation — a figure slightly higher than the OECD average (26%) — although the proportion of jobs at high risk of actual automation remains much lower, standing at 5.9%. By Francisco Rodríguez Fernández According to the article by Francisco Rodríguez Fernández, director of the Funcas Finance and Technology Observatory, ‘Artificial Intelligence and the Labour Market…

In the World, Markets 12th June 2026

SpaceX, largest IPO in history, to begin trading today, raising $75 billion at $135 per share, with valuation of $1.77 trillion

Report by Renta 4 European markets open higher (Eurostoxx futures up 1.7%, US futures flat) and strong gains in Asia (Japan’s Nikkei up 3%, South Korea’s Kospi up 5%), in a session dominated by SpaceX’s market debut, against the backdrop of a potential US-Iran deal. In this regard, yesterday’s session was highly volatile, with initial threats from Trump of new air strikes against Iran and of taking control of Kharg…

In the World, Markets 12th June 2026

Is space the new Eldorado for investors?

By Edmond de Rothschild SpaceX’s initial public offering (IPO), scheduled for 12 June, has reignited investor interest in the space sector. The sector offers enormous commercial potential for telecoms operators, defence companies and data processing infrastructure providers. The total potential market is estimated at $1.8 trillion by 2035, and whilst it could be much larger, it is difficult to calculate at this early stage. The main bottleneck lies in launching…

Companies 12th June 2026

What will Acciona decide to do with Acciona Energía? Answer, after the summer

Report by Banco Sabadell José Manuel Entrecanales, having defined renewables as assets for national security, has invited expressions of interest in Acciona Energía and continues to evaluate various strategic alternatives. Currently, all options are on the table: launching a takeover bid for 100% and delisting the company, the possible inclusion of a major shareholder, a sale to a third party, a spin-off or a merger with the parent company or…

European economy, In Europe 12th June 2026

ECB raises rates from 2% to 2.25%, first increase in three years, in response to energy crisis

Reported by Consejeros Editorial Team Three years on, the European Central Bank (ECB) has decided to raise key interest rates by 25 basis points, from 2% to 2.25%. The decision is based primarily on the consequences of the conflict in the Middle East and the closure of the Strait of Hormuz. “The ECB’s rise in official interest rates came against a backdrop of stagflation. The move was also intended to…

In Spain, Uncategorised 12th June 2026

Company formations fall 2% and dissolutions rise 24.9%

Reported by Consejeros Editorial Team The number of commercial companies formed in Spain fell by 2% in April compared with the same month in 2025, whilst the number of companies dissolved rose by 24.9% year-on-year, according to data from the National Institute of Statistics (INE). In April, 11,558 commercial companies were formed, 2% fewer than in the same month of 2025. The subscribed capital for their incorporation recorded an annual…

In the World 11th June 2026

US inflation rises above 4% year-on-year in May, more than double Fed’s target

By Consejeros Editorial Team The US Consumer Price Index (CPI) soared in May to 4.2% year-on-year, the highest level since April 2023 and in line with market forecasts, which predicted a continuation of an upward trend driven by rising energy costs due to the war in Iran. Energy prices rose by 3.9% over the month, slightly above the 3.8% recorded in April and following a 10.9% increase in March. Inflation…

In Spain 11th June 2026

Inflation (3.2%) outpaces average wage increase in agreements signed this year (3%)

The average wage increase agreed upon in collective bargaining agreements registered through May was 3%, according to data updated yesterday by the Ministry of Labor. This percentage was reached for the first time this year, having climbed slowly in recent months from the 2.87% recorded at the start of the fiscal year. Consequently, the average pay improvement has remained below the CPI (Consumer Price Index) for the third consecutive month….

reino unido londres metro South Kensington

Companies 11th June 2026

ACS secures contract for London Underground improvements, valued at €974 million

Through its subsidiary, Dragados, and in partnership with Amey and Costain, it will carry out improvement works at South Kensington and Elephant & Castle Underground stations, expected to take up to four years. Report by Link Securities Dragados, a subsidiary of ACS, is one of three companies to have secured a framework contract with Transport for London (TfL), the public body that manages public transport in the English capital, to…

In the World, Markets 11th June 2026

Keep an eye on ECB today: first interest rate hike since September 2023 widely expected

Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.5%) whilst US markets edged higher (S&P futures up 0.3%, Nasdaq futures up 0.4%) following falls of more than 1% yesterday, closing at session lows, and a flat session in Asia (Japanese Nikkei up 0.1%, South Korean Kospi up 0.1%) on a day when the main focus will be on the ECB, which we expect to announce its first…

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