Business News & Financial News

In Spain 3rd December 2025

Spain: Unemployment Falls to 10%

Bankinter | The number of unemployed people fell by -18,805 in November, compared to a rise of +22,100 in October. Unemployment stands at 2.4 million people (–0.8% month-on-month and –6.2% year-on-year). Seasonally adjusted Social Security affiliations total 21.84 million people (+44.5 thousand workers, +0.2% month-on-month, +2.5% year-on-year), although the average number of SS Affiliates for the month declined by −14.4 thousand people (−0.1% month-on-month). OPINION: The number of unemployed people…

European economy, In Europe 28th November 2025

Eurozone confidence indicators improve in November, except for industry

Singular Bank | According to the European Commission, in the final reading for November, the Eurozone Economic Sentiment Indicator (ESI) rose slightly by 0.2 points to 97.0 points. This development was driven by a notable increase in confidence in the services, construction and retail sectors. In contrast, there was a notable decline in economic sentiment in the industrial sector. Meanwhile, employment expectations in the European monetary bloc rebounded to 97.8…

In the World 2nd December 2025

China’s manufacturing PMI rises to 49.2 points in November, in line with expectations

Link Securities | China’s official manufacturing purchasing managers’ index, the manufacturing PMI, rose slightly in November to 49.2 points, from 49.0 points the previous month, in line with analysts’ consensus expectations. We note that a reading above 50 points indicates expansion of activity compared to the previous month, while a reading below that level indicates contraction. The underlying components showed an improvement, with production turning neutral. Meanwhile, declines in new…

“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…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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