Business News & Financial News

In Spain, Spanish economy 15th July 2026

Catalonia bears highest cost of workplace absenteeism at €11.557 million, followed by Community of Madrid at €10.290 million

According to the 15th Adecco Report on Healthy Workplaces and Absenteeism Management, absenteeism cost the Spanish economy €59,109 million last year, 11.7 per cent more than in 2024 and almost double the figure for 2019, when it stood at €30,171 million. Reported by Consejeros Editorial Team Spain is facing 2026 with absenteeism at historically high levels. Data from the fifteenth edition of the Adecco Report on Healthy Workplaces and Absenteeism…

In Europe, Markets 9th July 2026

ESMA publishes technical standards on CCP admission criteria

Reported by Consejeros Editorial Team The European Securities and Markets Authority (ESMA), the regulatory and supervisory body for the European Union’s financial markets, has published its final report on the regulatory technical standards (RTS) relating to the elements of the admission criteria for central counterparties (CCPs), following the revision of the European Market Infrastructure Regulation (EMIR 3). EMIR 3 introduces amendments to the provisions relating to the requirements for participation…

In the World 15th July 2026

Physical climate risk: now a recurring factor in capital allocation decisions, according to Neuberger

Global economic losses caused by natural disasters reached $224,000 M, exceeding the historical average for the last 30 years. The increasing frequency of extreme weather events is forcing the financial system to factor in risks that were historically considered sporadic or idiosyncratic. By Neuberger The physical effects of climate risk are becoming increasingly evident in the rising frequency and severity of natural disasters, and economic losses now consistently exceed historical…

rosa garcia consejera caixabank acerinox ence

“Many companies complicate CSRD implementation more than necessary”

Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…

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

“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…

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