Business News Madrid

  • MADRID, Jan 14- Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned the timing was dependent on regulators. That is earlier than indicated by Ryanair boss Michael O'Leary this month when he said the airline might not receive its first 737 MAX...

  • Jan 9- Willie Walsh, the chief executive of British Airways- owner IAG, will step down from the airlines group he helped to build later this year and hand the reins to Luis Gallego. Born in Madrid, he began his career in the Spanish Air Force, where he trained officers, and has degrees in aeronautical engineering from Madrid's Politécnica University and in business...

  • MADRID, SPAIN - JANUARY 04: Spain's interim Prime Minister Pedro Sánchez gestures during his speech during the investiture debate at the Spanish Parliament on January 04, 2020 in Madrid, Spain.

    Spain is on track to get a new government Tuesday, but its economic and political future remains uncertain.

  • SYDNEY, Jan 3- Pillars of fire and smoke from bushfires are tarnishing Australia's reputation for pristine vistas abounding in wildlife and wreaking havoc on tourism, operators say, as authorities are forced to cancel concerts, close parks and evacuate towns. "Seeing all the images of fires on television and social media is not going to help, it puts a dent in...

  • SYDNEY, Jan 3- Pillars of fire and smoke from bushfires are tarnishing Australia's reputation for pristine vistas abounding in wildlife and wreaking havoc on tourism, operators say, as authorities are forced to cancel concerts, close parks and evacuate towns. "Seeing all the images of fires on television and social media is not going to help, it puts a dent in...

  • WASHINGTON/ LONDON, Dec 19- The failure of global climate talks in Madrid last week to decide the fate of billions of old carbon credits raises the stakes for the U.N aviation body in Montreal, which must choose in March which offsets can be used for its carbon market. This task made has been made harder by the failure in Madrid to agree what carbon markets should be...

  • MADRID, Dec 17- Spain's Telefonica plans to drastically reduce the amount of equipment it buys from Chinese technology giant Huawei for the core of its next-generation mobile networks in Europe, its Chief Technology and Information Officer said. Europe's fourth-largest telecoms group will buy from several different providers the pieces of the most...

  • *Brazil, China, US among those dragging heels- delegates. The COP25 talks in Madrid were viewed as a test of governments' collective will to heed the advice of science to cut greenhouse gas emissions more rapidly, in order to prevent rising global temperatures from hitting irreversible tipping points. Brazil, China, Australia, Saudi Arabia and the United States had...

  • VANCOUVER, Dec 15- The Canadian government-owned Trans Mountain oil pipeline expansion faces its latest legal hurdle in a federal court this week as indigenous groups appeal the pipeline's expansion, arguing the government did not adequately consult them before approving it. A three-day hearing begins on Monday at Canada's Federal Court of Appeal in...

  • MADRID, Dec 15- A U.N. climate summit closed on Sunday with major states snubbing calls for tougher action to combat global warming, prompting sharp criticism from smaller countries and environmental activists. Here are some key quotes from the final days of the COP25 summit:. Sofie Nordvik, Norway's youth delegates:.

  • *Brazil, China, US among those dragging heels- delegates. The COP25 talks in Madrid were viewed as a test of governments' collective will to heed the advice of science to cut greenhouse gas emissions more rapidly, in order to prevent rising global temperatures from hitting irreversible tipping points. Brazil, China, Australia, Saudi Arabia and the United States had...

  • *Brazil, China, US among those dragging heels- delegates. The COP25 talks in Madrid were viewed as a test of governments' collective will to heed the advice of scientists to cut greenhouse gas emissions more rapidly in order to prevent rising global temperatures from hitting irreversible tipping points. Brazil, China, Australia, Saudi Arabia and the United States...

  • The Madrid talks were viewed as a test of governments' collective will to heed the advice of scientists to cut greenhouse gas emissions more rapidly in order to prevent rising global temperatures from hitting irreversible tipping points. "These talks reflect how disconnected country leaders are from the urgency of the science and the demands of their...

  • MADRID, Dec 15- A U.N. climate summit ground towards a delayed close on Sunday with major economies reluctant to issue a bold new call for action to combat global warming, prompting sharp criticism from smaller states and environmental activists. "These talks reflect how disconnected country leaders are from the urgency of the science and the demands of their...

  • MADRID, Dec 14- Green activists dumped horse manure and staged a mock hanging outside the venue of a U.N. climate summit in Madrid on Saturday, airing their frustration at the failure of world leaders to take meaningful action against global warming. Twelve members of the group stood on melting blocks of ice, nooses drawn tight around their necks to symbolise the...

  • MADRID, Dec 14- The great majority of countries at ongoing U.N. climate talks want a final text that pushes for more ambitious commitments, a senior official said, hours after the circulation of a draft that was widely criticised as too weak. "The vast majority of delegations are asking for a more ambitious text, and that's what we're aiming at," said Andrés...

  • MADRID, Dec 14- Major economies resisted calls for bolder climate commitments as a U.N. summit in Madrid limped towards a delayed conclusion on Saturday, dimming hopes that nations will act in time to stop rising temperatures devastating people and the natural world. "At a time when scientists are queuing up to warn about terrifying consequences if emissions...

  • MADRID, Dec 14- The European Union warned on Saturday that a U.N. summit in Madrid must send a strong signal that countries are ready to do more to cut emissions, as fears grew that international efforts to fight climate change were slipping into reverse. Krista Mikkonen, Finland's environment minister, speaking on behalf of the EU, told the latest session at the...

  • MADRID, Dec 14- The European Union warned on Saturday that a U.N. summit in Madrid must send a strong signal that countries are ready to do more to cut emissions, as fears grew that international efforts to fight climate change were slipping into reverse. Countries including Nepal, Switzerland, Uruguay and the Marshall Islands echoed the call from the EU for more...

  • *Brazil, Australia, United States under fire. MADRID, Dec 13- Big polluting countries faced last-ditch pressure from smaller nations to show serious commitment to fighting climate change as negotiators battled into the early hours of Saturday to salvage a result from a fraught U.N. summit in Madrid. Fast-growing emerging economies such as China, India and...