Business News & Financial News

In Spain 13th May 2026

Brussels confirms Spain used €10.2 billion of ‘Next Generation’ funds for current expenditure

The European Commission has confirmed that Spain utilized €10.2 billion from the Next Generation funds exclusively for current expenditure during the first five years of the Recovery, Transformation, and Resilience Plan. Records from the community statistics office indicate that the current expenditure used by Spain was €519 million in 2021, €1.767 billion in 2022, €2.777 billion in 2023, €2.900 million in 2024, and €2.257 billion in 2025. According to Brussels’…

In Europe 13th May 2026

Record share buybacks in Europe, totalling $80 billion so far this year

So far this year, European companies have bought back shares worth $80 billion, the highest figure to date, with half of this concentrated in just 20 companies. In March alone, a monthly record of €30 billion was reached, and it is expected that over the next three months, 3% of the free float will be bought back. Analysis by Morgan Stanley The volume of share buybacks so far this year…

In the World, Markets 13th May 2026

SpaceX: the deal of the century designed for insiders

SpaceX is preparing to go public with a valuation of $1.75 trillion without ever having published its audited accounts. Elon Musk’s company controls over 80% of US orbital launches and has more than 10 million Starlink subscribers, yet it is set to trade at 110 times its annual sales. Analysed by Franco Macchiavelli SpaceX is preparing for its IPO with a valuation of $1.75 trillion, a figure higher than Spain’s…

“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