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  • DETROIT, April 28- General Motors Co on Friday reported a record quarterly first-quarter profit on robust sales of its large pickup trucks and crossovers in the United States, as uncertainty surrounds the overall pace of domestic auto sales for the industry. The results demonstrate that GM will "continue to strengthen the core business, generate the best...

  • MADRID— Spain's economy expanded by 0.8 percent in the first quarter, the National Institute of Statistics said Friday, keeping it as one of the fastest-growing in the European Union. It was Spain's 14th consecutive quarter of growth since it emerged from a grueling five-year financial crisis in late 2013.. It has managed to reduce unemployment from a 27...

  • MADRID _ Banco Bilbao Vizcaya Argentaria, S.A. on Thursday reported first-quarter profit of $1.28 billion. The Madrid- based bank said it had earnings of 18 cents per share. Access a Zacks stock report on BBVA at https://www.zacks.com/ap/BBVA.

  • LONDON/ SYDNEY, April 27- Two weeks after Elliott Management's surprise assault on BHP Billiton, the fund manager's three-point demand for change is gaining little traction with investors, prompting expectations a second strike is imminent. "I think the case for agitating for management to do what a shareholder wants is always there," said Neil Boyd-Clark,...

  • MADRID— Spain's unemployment rate edged up slightly to 18.8 percent in the first quarter, partly due to the end of temporary jobs tied to the winter holiday, and interrupting an overall downward trend in recent years. National Statistics Institute said Thursday that the number of people out of work rose by 17,200 in January through March to a rounded 4.3 million.

  • CARACAS, April 26- Demonstrators injured in Venezuela's often violent street protests are facing additional hardship: how to get treatment in a crisis-hit country where basics like antibiotics and painkillers are running short. Venezuela's state prosecutor says 437 people were hurt in nearly a month of protests against leftist President Nicolas Maduro,...

  • MADRID, April 26- Spanish infrastructure group Abertis reported a rise in first-quarter core earnings on Wednesday, boosted by higher traffic and new operating concessions in countries including Italy, where it is being eyed as a takeover target by rival Atlantia. Abertis said first-quarter earnings had been driven by a 2.3 percent rise in traffic on its...

  • **FRANKFURT- Deutsche Bundesbank Executive Board Member Andreas Dombret speaks in Frankfurt. BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT.

  • SAO PAULO, April 24- The Spanish and Brazilian governments have teamed up to lay an undersea cable in the Atlantic Ocean to offer fast online and cloud services to citizens of both countries by 2019, underscoring efforts to rout communications outside North America. The cable will also connect the archipelagoes of Madeira, Spain's Canary Islands and Africa's...

  • BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • CARACAS, April 24- General Motors' Venezuelan subsidiary has sent a message to almost 2,700 staff informing them that they are no longer employed by the company and had received severance pay in their bank accounts, according to two employees. Workers say that before the seizure was announced, GM had been dismantling the plant, which has not produced a car since...

  • BRASILIA, April 24- The governments of Spain and Brazil on Monday reinforced their commitment to completing a trade pact between the European Union and South American trade bloc Mercosur despite protectionist sentiments. On a two-day visit to Brazil, Spanish Prime Minister Mariano Rajoy said he agreed with Brazilian President Michel Temer about the need to...

  • BRASILIA, April 24- The governments of Spain and Brazil on Monday reinforced their commitment to completing a trade pact between the European Union and South American trade bloc Mercosur despite protectionist sentiments. On a two-day visit to Brazil, Spanish Prime Minister Mariano Rajoy said he agreed with Brazilian President Michel Temer about the need to...

  • MADRID— Thirteen ferry passengers were injured when the boat slammed into a breakwater in a port on the Canary Islands, Spanish authorities said Saturday. Manolo Vidal, spokesman for Naviera Armas, the company that owns the ferry, says that a "loss of electrical power" caused the accident as the boat was leaving the Puerta de la Luz on the island of Gran Canaria...

  • Pyotr Levashov, who was arrested in Barcelona, Spain, this month, is accused of running a computer network that sent hundreds of millions of spam emails worldwide each year. The Justice Department announced on April 10 that it had taken action to dismantle the Kelihos botnet and that Levashov had been arrested. The FBI in Connecticut is leading the investigation...

  • MADRID— The government says it has granted Spanish citizenship to the editor of Venezuela's El Nacional newspaper because of the political persecution it said he was subjected to in his country. A government statement Friday said Miguel Henrique Otero, whose paper is the last remaining national newspaper critical of Venezuelan President Nicolas Maduro's...

  • Spain can live with recent financial reforms, but going forward

    José María Roldán, chairman of the Spanish Banking Association, says that "having a current account surplus is going to be very important for us."

  • WASHINGTON, April 20- U.S. officials are reviewing Venezuela's seizure of General Motors Co's assets in the country, U.S. State Department spokesman Mark Toner said on Thursday. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies. Total auto production in Venezuela fell to a historic low of...

  • WASHINGTON, April 20- U.S. officials are reviewing Venezuela's seizure of General Motors Co's assets in the country, U.S. State Department spokesman Mark Toner said on Thursday. "We are reviewing the details of the case," Toner said in a statement, saying the United States hoped to resolve the case "rapidly and transparently." GM said on Wednesday that Venezuelan...

  • General Motors said Thursday that it will stop doing business in Venezuela after authorities took control of its only factory there. Last month, a World Bank arbitration panel determined that Venezuela would not have to pay $1.4 billion to Irving, Texas- based Exxon Mobil for confiscating company assets during a wave of nationalizations.