Business News & Financial News

In Spain 10th June 2026

The Spanish Government Opposes the European Commission’s Ban on Huawei

The Spanish Government opposes the Cybersecurity Act (CSA) currently being drafted in Brussels empowering the European Commission (EC) to designate so-called High-Risk Vendors (HRVs). In practice, this would mean banning Chinese telecommunications equipment providers, such as ZTE and especially Huawei, from European telecom infrastructures. The European Commission’s proposal turns what was previously a recommendation into an obligation: banning Chinese manufacturers from mobile networks, granting a three-year deadline for their replacement….

In Europe 9th June 2026

Apparent cost of debt rose slightly in most EU countries between 2024 and 2025

Reported by Consejeros Editorial Team In most European Union (EU) countries for which data was available, the apparent cost of public debt rose slightly or remained stable between 2024 and 2025, according to data published by Eurostat. The highest apparent cost of gross government debt among the countries for which data was available was recorded in Romania (5.2%), followed by Poland (4.5%), the Czech Republic (3.1%) and Italy (3%). The…

In the World, Markets 9th June 2026

AI drives China’s trade surplus to $105.43 billion annually in May

Report by Renta 4 Flat opening on European markets (Eurostoxx futures down 0.1%, S&P futures up 0.2%, Nasdaq futures up 0.3%) and a strong rebound in Asia (Japan’s Nikkei 2%, South Korea’s Kospi 8%) Yesterday, once again, and following the overnight escalation in the Middle East conflict, with crossfire between Israel and Iran and Hezbollah’s admission of having taken part in the attack on Israel (whilst banning Israeli shipping in…

“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