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Business/Economy news & information for Spain

Shoppers camp in streets ahead of iPhone 11 launch
Economy Fri, Sep 20, 2019

Shoppers camp in streets ahead of iPhone 11 launch

THOUSANDS of eager shoppers camped outside Apple stores across Spain last night (Thursday) in a bid to be the first to get their hands on the new iPhone 11, which officially hit the shelves this morning. Retailing at...

Bottled gas prices fall again: Cheapest in three years
Economy Tue, Sep 17, 2019

Bottled gas prices fall again: Cheapest in three years

BOTTLED gas has dropped in price again today (Tuesday) for the fifth time on the trot and is now at its lowest in three years. As at yesterday, butane gas cost €12.78 for a standard 12.5-kilo orange bottle – the...

IFEMA exhibition centre set for massive expansion
Economy Wed, Sep 11, 2019

IFEMA exhibition centre set for massive expansion

MADRID'S huge IFEMA exhibition centre is set to be expanded into the next town with three new pavilions at a cost of €180 million. The globally-famous trade fair hall, which houses the international tourism...

Map reveals highest-earning companies by province
Economy Sat, Jul 27, 2019

Map reveals highest-earning companies by province

FUEL giant Repsol has taken over from supermarket chain Mercadona as the company in Spain with the highest turnover – the former reporting €22.3 billion and the latter €22.2bn for 2018. These figures have been...

Mercosur and EU 'historic' trade deal will 'save Spain a fortune'
Economy Mon, Jul 1, 2019

Mercosur and EU 'historic' trade deal will...

AN HISTORIC trade deal has been struck between the European Union and its Latin American counterpart, Mercosur, after 20 years of negotiations – an agreement in which Spain has played, and is likely to continue to...

Europe pulls Spain out of 'debt watch' after a decade of supervision
Economy Wed, Jun 5, 2019

Europe pulls Spain out of 'debt watch' after a...

THE EUROPEAN Commission has scored Spain off its 'debt monitoring' list after concluding that the country's deficit is now comfortably below 3% of its Gross National Product (GNP) and likely to stay that way...

Seven months of continuous growth in retail industry
Economy Fri, May 31, 2019

Seven months of continuous growth in retail industry

SPAIN'S retail industry has seen seven months of consecutive growth with profits having increased year on year by 2% - an apparently negligible figure, but one that translates into millions of euros nationwide. The...

Inditex founder ‘Amazon’s landlord’
Economy Thu, Mar 28, 2019

Inditex founder ‘Amazon’s landlord’

SPAIN’S richest man Amancio Ortega - founder of the global high-street clothing empire Inditex – has just bought a chunk of Amazon’s headquarters, his second-largest purchase ever after buying the London Adelphi...

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