Business News & Financial News

In Spain 13th October 2025

“In AI, as with all new technologies, there is an overvaluation in the short term.”

According to Fuencisla Clemares—Vice President for Europe, the Middle East, and Africa at Google, board member of Sonae, and advisor to Cosentino—“in Spain, our productivity is stagnant, and we are losing competitiveness as a country. Artificial intelligence is clearly an opportunity that we must embrace, develop, and implement as soon as possible and with the depth required. Our studies suggest that, in the case of Spain, AI could have an…

European politics, In Europe 13th October 2025

Macron reappoints Sébastien Lecornu as Prime Minister for government with little chance of survival

Bankinter | Emmanuel Macron yesterday appointed a new government to be headed once again by Sébastien Lecornu. He made some changes to the Council of Ministers, notably in the Economy and Finance portfolio, with Roland Lescure taking charge of presenting the 2026 budget. The first Council of Ministers meeting will be held tomorrow. Analysis team’s view: Good news, although this new government offers little guarantee of survival. The fragmentation of…

In the World 13th October 2025

US consumer confidence remains virtually unchanged in October compared to previous month: 55.0 points from 55.1

Link Securities | The index measuring US consumer sentiment, compiled by the University of Michigan, fell slightly in its preliminary October reading to 55.0 points from 55.1 points in September, falling below the 55.8 points expected by FactSet consensus analysts. The index remained virtually unchanged from the previous month, as improvements in current personal finances and future business conditions for the coming year were offset by declines in expectations for…

“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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