Business News & Financial News

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…

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 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…

“We are one of Europe’s leading R&D investors: €1.45 billion last year”

Luis Maroto is the CEO of Amadeus, which has just announced the acquisition of Idemia Public Security—for €1.2 billion—to strengthen its biometrics, security, and airport management business. Maroto explains that “alongside biometrics, digital identity is transforming how travelers move throughout their journey. Today, travelers are asked to prove their identity at almost every step: flight check-in, baggage drop, security, immigration, boarding, car rentals, hotel check-in… With digital identity, a traveller…

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

“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”

Irene Hernández, coordinating advisor of Ence, and advisor of Elecnor and Saint Croix explains that “In Spain and in the European Union, there are times when we are regulating too much and putting brakes on economic growth… 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. We are not in a position to…

…in the last week