Business News & Financial News

In Spain 19th December 2025

Madrid, World Tourism Capital, Chosen as New WTTC Headquarters

The World Travel & Tourism Council (WTTC) announced this Thursday its decision to relocate its headquarters from London (United Kingdom) to Madrid, following a selection process among several candidates, including Geneva, Milan, Paris, and Dubai. This decision was unanimously supported by the 17 members of the international organization’s executive committee, based on evaluation criteria across six areas, such as rental costs, tax environment and incentives, government support, and proximity to…

European economy, In Europe 15th December 2025

Eurozone industrial production rises 0.8% in October, more than expected

CdM | Eurozone industrial production rose 0.8% in October, according to data from Eurostat, the EU statistics office. The figure was above consensus forecasts, which anticipated a more moderate increase of 0.1%. Across the European Union (EU), it grew 0.3% in the tenth month of the year. Analysed in detail, industrial production in the eurozone increased by 0.3% for intermediate goods, 1.1% for energy prices, 0.5% for capital goods, 0.2%…

In the World 18th December 2025

US employment figures reflect labour market weakness, non-farm job losses hit 105k

Bankinter | Non-farm payrolls (November) came in higher than expected at 65k versus 50k expected. Private payrolls surprised on the upside, reaching 64k versus 50k. However, October figures reflected notable weakness in the labour market, with non-farm payrolls down by 105k. The unemployment rate rose unexpectedly by two tenths of a percentage point to 4.6% (versus 4.5% expected and 4.4% previously), as a result of a proportionally higher increase in…

“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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