Business News & Financial News

In Spain 13th November 2025

Spain: Electricity Rises 24% in October Compared to September

Spanish electricity demand fell by 0.5% in October, while generation grew by 2.1%, driven by increased exports to Portugal. The daily price in the wholesale market (POOL) averaged €75.73/MWh in October. This marks an increase of 24.07% over the previous month (€61.04/MWh) and 10.5% compared to the price a year ago (€68.54/MWh). Electricity prices interrupted their downward trend in October, mainly due to scheduled outages for refueling at several nuclear…

In Europe 13th November 2025

Final CPI in Germany confirms preliminary annual figure of 2.3% compared to 2.4% previously

Bankinter | A slight moderation in German inflation in October is confirmed. The final CPI confirms the preliminary figure of 2.3% (year-on-year) against 2.4% previously. Wholesale Price Index 1.1% in October (year-on-year) against 1.2% previously. Analysis team’s view: Inflation moderates slightly, moving towards the ECB’s target (2%). We do not expect any changes in ECB rate expectations, so it should have a neutral impact on stocks and bonds.

In the World 12th November 2025

Singles’ Day aims to counteract weak domestic consumption in China: Alibaba extends it to 20 countries

Bankinter | Yesterday marked the biggest online shopping event of the year in China (and the world), known as ‘Singles’ Day’ (11.11). Launched in 2009 by Alibaba as a promotional event, it has grown in duration over the years. In 2025, it began on 9 October (JD.com) and 11 October (Alibaba), the earliest start in its history, resulting in a duration of five weeks compared to 28 days in 2024…

“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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