Business News & Financial News

In Spain 2nd March 2026

War in Iran disrupts start of defense-focused Mobile World Congress in Barcelona

Fira de Barcelona once again hosts the world’s largest technology fair, the Mobile World Congress (MWC), from March 2 to 5. The event expects to reach 110,000 attendees from 205 countries, generating an economic impact of 585 million euros. This year’s MWC is defined by the advancement of AI and the rise of the Defense sector. Despite a threatened boycott, Israel will be present with 39 companies, alongside Palestine, represented…

In Europe 2nd March 2026

Eurozone economic confidence falls one point to 98.3 in February due to declining confidence in industrial sector and construction

Singular Bank | According to the European Commission’s final reading, the Eurozone Economic Sentiment Indicator (ESI) fell by 1.0 points to 98.3 points in February. This development is explained by the decline in confidence in the industrial sector (7.1 points) and construction (2.1 points), together with the moderation of the outlook for the services sector (5 points). Meanwhile, employment expectations in the European monetary bloc fell by 0.6 points to…

In the World, Markets 2nd March 2026

Since 1991, conflicts between US and Middle Eastern countries have been bullish for three months (and beyond) for S&P 500

Renta 4 | The main US indices are starting the week in a very similar vein to the last three months, mired, especially the S&P 500, in a tedious sideways range, with support at 6,780 points and resistance at 7,000 points. The two major support levels for the S&P 500 and NASDAQ 100 this year can be clearly seen in the chart below, with November’s lows of 6,520 points as…

“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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