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Spain
A split between Spain and Catalonia would cause a major political shake-up in the country but would also have significant consequences for the economy of both sides, experts have told CNBC.
*Spain- Germany bond yield spread widens on Catalonia concerns. LONDON, Sept 20- Euro zone government bond yields nudged down on Wednesday as investors awaited the conclusion of a U.S. And any weakening in the single currency, up around 14 percent against the dollar this year, could encourage the European Central Bank to press ahead with plans to unwind its hefty...
MILAN, Sept 20- Deal-making and political turmoil in Spain livened up a flat session in Europe' stock markets on Wednesday as investors awaited pointers from the Federal Reserve on the U.S. interest rate outlook. "Market are starting to realize how deep the crisis is," said Jesus Castillo, an economist covering Southern Europe for French bank Natixis.
MADRID— Spanish fashion retailer Inditex, which owns the Zara stores, says its net profit jumped by 9 percent in the first half of its fiscal year, following strong growth in online and in-store sales. Founded in 1975 by Amancio Ortega, Inditex operates eight brands including Massimo Dutti, Bershka and Pull& Bear. Inditex shares were down 2.5 percent at 32 euros in...
*Spain slow to take advantage of EU funds to tackle unemployment. But Spain took so long to jump on some of the help sent its way- namely a jobs scheme bankrolled by Europe- it risks not fully using a golden opportunity to help youngsters scarred by a deep recession, politicians, unions and jobseekers say. Yet a slow start to a European Union youth jobs and training...
*But European fishermen rely heavily on UK waters. *UK exports around 75 percent of its catch to the EU. After 45 years chafing under what they saw as unfair quotas in one of the world's richest fishing grounds, the UK government would finally, in the lexicon of Brexiteers, "take back control" of British waters.
MEXICO CITY, Sept 18- The central Mexican state of Puebla said on Monday it had revoked the operating license of ride-hailing firm Cabify after one of its drivers was arrested on suspicion of murdering a female passenger. The body of Mara Fernanda Castilla, 19, was found near a motel in the city of Puebla on Friday, sparking weekend protests about violence against...
*Expects 20 mln euros in pay-outs, 5 mln euros in lost fares. DUBLIN, Sept 18- Ryanair boss Michael O'Leary admitted on Monday to a "cock up" over pilot shortages that led him to cancel flights and disrupt the plans of hundreds of thousands of travellers in his bid to improve the budget airline's punctuality. The Irish airline said it was preparing for up to 20 million...
Some of the biggest companies in the world are finding they need to play by an entirely new set of rules on the once-anarchic internet.
DUBLIN, Sept 15- Ryanair on Friday announced plans to cancel between 40 and 50 flights per day until the end of October, disrupting hundreds of thousands of journeys, in what it said was a bid to improve its ratio of on-time flights. The Dublin- listed budget airline next week celebrates the fourth anniversary of its Always Getting Better campaign, which Chief...
Sep 15- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...
Spain and Ireland were among the top nations investing the most in the U.S. last year, according to the U.S. Department of Commerce.
BARCELONA, Spain— Barcelona police declare incident near landmark basilica a "false alarm," say no explosives found in suspicious van.
*Spain- Italy bond yield gap tightest since late June. *Austria launches sale of 100- year bond. "Though Madrid is doing its best to stop the independence bid, it will still get a lot of attention," said DZ Bank strategist Daniel Lenz.
- Here are the countries that invested the most in the US last year — and China didn't make the top 10
Spain and Ireland were among the top nations investing the most in the U.S. last year, according to data published by the U.S. Department of Commerce.
MADRID— Spanish authorities say economic growth in 2016 and 2015 was slightly stronger than previously reported as a result of revising the national accounting. The National Institute of Statistics says that economic output grew 3.3 percent in 2016, up from the 3.2 percent reported in March. Spain emerged from recession in late 2013 and is now one of the...
MADRID/ HONG KONG, Sept 11- Spain has launched an investigation into the European management of the Industrial and Commercial Bank of China in Luxembourg as part of a widening probe into the alleged laundering of hundreds of millions of euros through the Chinese banking giant's Madrid branch. A Reuters investigation in July revealed Spanish prosecutors were...
*Spain- Italy bond yield spread at tightest level since June 27. About one million Catalans rallied in Barcelona on Monday, waving red and yellow striped flags and banging drums, in a show of support for independence after Madrid moved to block a referendum on the region's split from Spain. "Though Madrid is doing its best to stop the independence bid, it will still...
RIO DE JANEIRO, Sept 11- Brazilian police on Monday launched an operation involving possible money laundering by the agricultural arm of Venezuela's state-run oil company PDVSA through imports of agricultural equipment from Brazil, authorities said. According to police, Venezuela's Tracto America, a trading company, bought agricultural equipment from...
MADRID/ HONG KONG, Sept 11- Spain has launched an investigation into the European management of the Industrial and Commercial Bank of China in Luxembourg as part of a widening probe into the alleged laundering of hundreds of millions of euros through the Chinese banking giant's Madrid branch. A Reuters investigation in July revealed Spanish prosecutors were...
