2020-08-04@11:15:43 GMT
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    London, Aug 4 (EFE) .- The oil company BP reported on Tuesday that it registered semi-annual attributable losses of 21,213 million dollars (18,031 million euros) and halved the payment of dividends in the second quarter before the fall of oil demand due to the crisis of the COVID-19 pandemic. In a statement sent to the London Stock Exchange, BP pointed out that these millionaire losses in the first half of the year contrast with the attributed profit of 4,756 million dollars (4,042 million euros) obtained in the same period of the previous year. The total turnover of the company amounted in the semester -January to June- to 90,730 million dollars (77,120 million euros), while the losses before taxes reached 24,547...
    Football : Stade de Reims and AS Monaco reached an agreement on Monday for the transfer of Axel Disasi (22) to the tune of 14 million euros and 3 as a bonus. The Rocher club had targeted the central defender of 1.90 m, author of a good season with the Champagne formation (for his first season as a professional holder). Paul Mitchell, the new sporting director of ASM, had set his sights on Axel disasi and he put his hand in his pocket. Reims will make the biggest sale in its history, 8 months after having sold Rémi Oudin to the Girondins de Bordeaux for 10 million euros. This inflow of money could allow the leaders to strengthen...
    Football : He has yet to play with Barca and yet Francisco Trincao’s value has reportedly more than doubled since the Blaugrana house enlisted him this winter. FC Barcelona believe in Francisco Trincao and have already proven it twice. The first time by betting no less than 31 million euros on the talented 20-year-old Portuguese winger, last January, for a transfer postponed by six months – the time that the person concerned, thus engaged until 2025, ends the season with Braga and won the Lusitanian League Cup there at the expense of Porto. The second quite recently if we are to believe the Catalan daily Sport, which assures that Barça has just rejected an offer of 60 million...
    Football : The French market is still very calm, even if certain clubs like Nice do not fail to animate it. In Marseille, we progress less quickly, witness the Cuisance file. Everything should quickly settle, however, between Dortmund and Manchester United for Jadon Sancho. Ansu Fati, he will certainly not leave Barça. Monstrous release clause requires. It becomes clearer for Jadon Sancho … Nothing is official yet, but the departure of Jadon Sancho at Manchester United would be on the right track. According to the German daily Bild, the Red Devils have indeed reached an agreement with Dortmund for the transfer of the young English winger (20 years). Borussia would have accepted the offer of 120 million euros...
    Ferrari trimmed its full-year earnings forecast on Monday after second-quarter earnings fell 60 p.c because of the impression of the coronavirus pandemic, however mentioned orders have been “very sturdy,” sending the luxurious carmaker’s shares up practically four p.c. Chief Government Louis Camilleri advised analysts that final quarter’s order ebook was up double digits (proportion) in absolute phrases, versus the identical interval of final yr. “Calls for stays vibrant and our order ebook is up considerably,” Camilleri mentioned. The corporate mentioned its gross sales in April-June had been hit by manufacturing suspensions and considerably decrease sponsorship and business and model revenues because of the pandemic, which has precipitated a hunch in automotive gross sales around the globe. That resulted in...
    MILAN (AP) — Italian sportscar maker Ferrari lowered its full year earnings guidance on Monday after reporting second-quarter profits were nearly wiped out by temporary halts in production and delivery due to the coronavirus. The automaker reported 9 million euros ($10.5 million) in net profit for the April-June period, coinciding with Italy’s strict lockdown, a 95% drop from the same quarter of 2019. Shipments were down by half, to 1,389 from 2,671 a year earlier, with Ferrari resuming full production on May 8. Revenues were down 42%, to 571 million euros. Ferrari lowered its full-year guidance for revenues to above 3.4 billion euros, from a previous forecast of up to 3.6 billion euros. Adjusted earnings before interest and taxes are...
    MILAN (AP) — Italian sportscar maker Ferrari lowered its full year earnings guidance on Monday after reporting second-quarter profits were nearly wiped out by temporary halts in production and delivery due to the coronavirus. The automaker reported 9 million euros ($10.5 million) in net profit for the April-June period, coinciding with Italy’s strict lockdown, a 95% drop from the same quarter of 2019. Shipments were down by half, to 1,389 from 2,671 a year earlier, with Ferrari resuming full production on May 8. Revenues were down 42%, to 571 million euros. Ferrari lowered its full-year guidance for revenues to above 3.4 billion euros, from a previous forecast of up to 3.6 billion euros. Adjusted earnings before interest and...
    Californias Apple Fire has grown to more than 20,000 acres and is 5% contained Alibaba expanded during the SARS health crisis — and its co-founder has advice to share Nordex Seeks Clean Energy Projects Outside Europe After RWE Sale (Bloomberg) -- Nordex SE is set to focus on developing onshore wind projects outside Europe after it agreed to sell its renewable energy project portfolio to RWE AG. The onshore wind turbine maker is selling 2.7 gigawatts of European projects to Germany’s biggest utility for 403 million euros ($473 million). Nordex said it’s taking advantage of a “huge appetite” for project portfolios in Europe. Nordex will continue to sell wind turbines in Europe alongside the new focus. © Bloomberg...
    MADRID, Aug 3 (.) – Spanish industrial group Abengoa plans to close a new debt restructuring process before August 4 as part of an attempt to survive the financial crisis it is undergoing. The self-imposed term by the company has already been postponed on more occasions by the company, which in this case said that “the documentation process for the operation has not yet been completed, given its complexity, although it hopes to be able to complete said process “before Tuesday. “The Company reiterates once again that the signing of the agreement is essential to resolve the delicate situation that its businesses are going through as a consequence of the lack of liquidity and guarantees that, as already mentioned, are...
    9:29 Three years ago yesterday, the controversial departure of Neymar to the PSG and the Bara You don’t want a similar move to repeat with your next star under any circumstances. Ansu Fati is the future of the club and the cul directive plans to shield him by making him a contract as a footballer for first team. This new position would involve a wage increase… and a termination clause of around 400 million euros. Who wants to take Ansu Fati I will have to do crazy 180 million euros higher than Neymar. The player Hispano-Guinean has a contract until 2022. The idea is that this renovation will take place soon. Ramiro Aldunate tells you the news here. ...
    Kai Havertz, Lautaro Martnez, Jadon Sancho, Timo Werner, Leroy San, Eduardo Camavinga, Ferran Torres, Achraf Hakimi, Eric Garca, Victor Osimhen… Names that surely have resonated in your head more than the account since June. They are some of the most prominent protagonists of the current transfer market, the first of the era coronavirus. And all together make an average age of 20.9 years. Acne on the face has never been so highly valued. The trend is clear: the top European clubs are betting onyoung players. In response to the investments they have made, or could make, these clubs are following a common policy of incorporation: looking for footballers with a margin of travel in the broad elite. Who knows if...
    Madrid, Aug 2 (EFECOM) .- Telefónica, Orange, Vodafone and MásMóvil entered this second quarter of 2020 in Spain with 5,691 million euros, 4.7% less than in the same period last year, despite the increase in use phone and internet during confinement. The one that saw its income drop the most in Spain from April to June compared to the same period last year was Vodafone, which billed 8.2% less and stayed at 994 million euros; followed by Orange, with 6.8% less and registered 1,216 million, and Telefónica, which fell 5.2% and invoiced 3,028 million euros. Unlike the other three, the fourth operator, MásMóvil, again registered an increase in revenues of 10% and stood at 453 million euros. If MásMóvil is...
    Transfers Rumors, movements, transfers, transfers, the latest market news Transfer market: Koulibaly and Neto are the protagonists of today 8:45 The Wolves they have an eye in Portugal in case Ral Jimnez ends up going somewhere else. According to RTP (Radio and Television of Portugal), the English have already well advanced the signing of Paulinho, forward of SC Braga. The agreement could be closed around the 30 million euros, although there is still no official announcement. The signing of Paulinho, 27, would fit in with the club’s intention (to replace Jimnez’s goals with more goals) and also in the squad, which already has several Portuguese soccer players such as Rui Patricio, Rubn Vinagre, Joao Moutinho or the...
    Mexican striker Raúl Jiménez already has a price and whoever wants it will have to pay $ 80 million dollars. It is said that Raúl Jiménez is already wanted by the Manchester United Red Devils and the Wolves are willing to let the Mexican go if an economic agreement of up to $ 80 million dollars, as reported by the Bleacher Report. Wolverhampton would have already put a price on Raúl Jiménez, in case Manchester United or any other team wishes to take the Mexican striker, This represents an increase of double what the Wolves paid for it. The Wolves paid $ 40 million by Raúl JiménezHowever, after the dream season that the Mexican has had both in the...
    create a structure in Switzerland in which to hide this money and who gave away a million euros to her friend Marta Gayá, now El Confidencial publishes a new controversy.“data-reactid =” 12 “> While coronavirus infections in Spain continue to rise, the g continuesinformation scanning related to Juan Carlos I. After learning that the monarch received a millionaire donation from the Saudi Government of 65 million euros that went to the hands of Corinna Larsen, who gave orders to create a structure in Switzerland in which to hide this money and which gave a million euros to her friend Marta Gayá, now El Confidencial publishes a new controversy. This is journalism turned into art. It is read with the same...
    House Democrats find administration overspent for ventilators by as much as $500 million CCTV Script 29/07/20 British Airways Parent Moves Ahead With $3.3 Billion Share Sale (Bloomberg) -- British Airways owner IAG SA advanced plans to raise 2.75 billion euros ($3.3 billion) in equity to help ride out the coronavirus crisis, saying No. 1 investor Qatar Airways has agreed to back a rights issue. © Bloomberg U.K. Kicks Off Quarantine That Will Further Slam Airlines The Gulf airline, which holds a 25% stake, has subscribed for its entitlement, with the rest of the capital increase fully underwritten, IAG said in a statement Friday. The plan will be put to shareholders on Sept. 8 and should be completed by the...
    A picture taken in June 2004 shows the Nokia logo on the door of the empty premises in Helsinki.MARKKU ULANDER | AFP | Getty Images Nokia saw its profits rise 22% to 316 million euros ($376 million) in the second quarter despite quarterly revenues falling 11% to 5 billion euros.  The mobile network equipment maker, which posted financial results for the April to June period on Friday, said the coronavirus crisis has reduced net sales by about 500 million euros for the first half of the year. However, it expects most lost sales to move to future periods. The Finnish firm, which is headquartered in Espoo, said it was able to boost profitability for the second quarter, and upgrade its...
    MADRID, Jul 30 (.) – The Spanish government and Airbus said Thursday that they have agreed on measures to support the aerospace sector and minimize job losses after a meeting between Prime Minister Pedro Sánchez and the chief executive of Airbus Guillaume Faury. “Both parties consider it essential to promote a series of initiatives to strengthen the entire sector in Spain and its auxiliary industries,” Airbus and the government said in a joint statement. Struck by the COVID-19 pandemic, Airbus, which is 4% owned by the Spanish state, has said it will lay off some 900 workers in Spain as part of the 15,000 cuts worldwide, prompting protests from its employees. The measures include an investment plan of 185 million...
    HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks said Friday that its net profit for the April-June period was up 22% at 316 million euros ($376 million). Sales were down 11% at 5.1 billion euros. CEO Rajeev Suri said in a statement that the majority of the drop in revenue was "the result of COVID-19 as well as a sharp decline in China based on the prudent approach we have taken in that market.” Nokia estimated that the COVID-19 crisis hurt its net sales by...
    HELSINKI (AP) — Nokia has reported better than expected second-quarter earnings on the back of improved margins for telecoms equipment and software despite the coronavirus crisis causing a substantial drop in revenue. The Espoo, Finland-based maker of new-generation 5G mobile and other networks said Friday that its net profit for the April-June period was up 22% at 316 million euros ($376 million). Sales were down 11% at 5.1 billion euros. CEO Rajeev Suri said in a statement that the majority of the drop in revenue was “the result of COVID-19 as well as a sharp decline in China based on the prudent approach we have taken in that market.” Nokia estimated that the COVID-19 crisis hurt its net...
    MADRID, Jul 31 (.) – The net profit of the Spanish bank Caixabank increased 30% year-on-year in the second quarter of the year due to lower restructuring costs, despite having allocated 755 million euros ($ 898 million) to offset the impact of the COVID-19 pandemic in the period from April to June. The country’s third largest bank in terms of total assets announced on Friday a net profit of 115 million euros in the quarter. Analysts polled by . expected a net profit of 195 million euros in the quarter. (Information from Jesús Aguado, edited by Inti Landauro, translated by Tomás Cobos)
    Madrid, Jul 30 (EFE) .- The Ministry of Finance has entered this Thursday in the accounts of the autonomous communities 13,073 million euros, of which 6,000 correspond to the first tranche of the COVID-19 fund and the remaining 7,073 million to liquidation of the regional financing system for the 2018 financial year. This has been assured by the Ministry in a statement highlighting the Government’s commitment to financing communities to ensure that they have the resources to provide quality public services during the current health emergency. Regarding the transfer of the 6,000 million from the COVID-19 fund, the Treasury recalls that this is the first tranche of this non-reimbursable fund that takes into account the impact of the virus on...
    Jul 29 (.) – Blood product group Grifols said on Thursday that the impact of the pandemic on its accounts as of June 30 has reached 185 million euros due to lower utilization of the expected productive capacity, the group reported to the Spanish stock supervisor. The Catalan group reported that its revenues rose 10.5% in the first half to 2,677 million euros, due to the evolution of the revenue of the Bioscience Division, responsible for the production of plasma for rare diseases. Gross operating result (EBITDA) fell 16.8% to 580 million euros. Net profit for the first half of 2020 fell to 218.2 million euros, 23.9% less than the previous year. In the context of the current health crisis...
    Jul 30 (.) – The offer by the KKR, Cinven and Providence funds to buy MásMóvil has received authorization from the Spanish stock exchange supervisor, the CNMV, paving the way for an operation of almost 3,000 million euros. In early July, the takeover bid also received the green light from the Spanish Government. On June 1, the three funds presented a takeover bid of 2,960 million euros (3,340 million dollars) for MásMóvil through the vehicle company Lorca Telecom, after receiving the approval of the company’s board of directors. If the operation is successfully completed, the funds will have 88.7% of MásMóvil, while the remaining 11.3% will be in the hands of current shareholders. AllianceBernstein, which has a stake of around...
    Paris, Jul 30 (EFE) .- Renault suffered a loss of 7,292 million euros in the first half, the largest by far in its history, due to the negative contribution of its partner Nissan, but also the strong impact of the crisis of the coronavirus in its activity and of the difficulties that it was previously carrying. Nissan’s losses translated into negative 4,796 million euros in Renault’s income statement, the French automobile manufacturer said in a statement Thursday, estimating the negative impact of COVID-19 on its own business at about 1,800 million euros on the operating margin. Thus, a negative operating margin of 1,203 million euros was fitted in, which represents 6.5% of turnover. Renault scored 804 million euros of charges...
    Portland protests: Photojournalist shot in the eye says its not just violent rioters being targeted by feds 5 CDC Safety Guidelines That Way Too Many Restaurants Are Ignoring Volkswagen posts $940 million first-half loss and cuts dividend as pandemic hammers sales Group sales fell by 23.2% while deliveries plunged 27.4% year-on-year. At its AGM in September, the German automaker will now propose a dividend per ordinary share for the fiscal year 2019 of 4.80 euros, down from a previously announced 6.50 euros. Volkswagen said it still expects to be profitable for the full year in 2020. © Provided by CNBC An automobile assembly line worker wears a protective face mask as Volkswagen AG (VW) restart production at...
    Jul 29 (.) – The Spanish technology group Indra announced on Wednesday a loss of 75 million euros in the first half, due to the impact of the COVID-19 pandemic on its accounts, although it again presented forecasts for the year as a whole by having more visibility of the future evolution of the business. The gross operating result (EBITDA) was negative, at 18 million euros, while revenue fell from 4% to 1,484 million euros, which was only 1.5% in local currency terms. The order book at the end of the period stood at 5,094 million euros, which represents an increase of 15.3% compared to June 2019. The company, which had announced in May that it was suspending its 2020...
    STOCKHOLM/NEW YORK (Reuters) - Spotify Technology SA said on Wednesday music streaming demand had rebounded from the coronavirus-related weakness it saw at the start of the quarter and its paid subscribers reached 138 million, ahead of Wall Street estimates. Premium subscribers, which accounts for most of the company's revenue, were up 27% from a year earlier. Analysts on average were expecting the company to have 136.4 million paid subscribers, according to IBES data from Refinitiv. Revenue rose 13% to 1.89 billion euros ($2.22 billion) for the three-months ended June 30, from 1.67 billion euros a year earlier. (Reporting by Supantha Mukherjee in Stockholm and Ken Li in New York, Editing by Johan Ahlander) Copyright 2020 Thomson Reuters.
    Jul 28 (.) – Spanish stainless steel maker Acerinox announced a net profit of 2.2 million euros on Wednesday, 87% less than a year ago, in a context of falling prices and less activity stemming from the coronavirus crisis. “The effects of the pandemic were significant during the second quarter, prompting a 26% decrease in mill production compared to the first quarter,” Acerinox said in a statement. However, the reduction in gross operating profit (EBITDA) was only 4%, up to 179 million (in adjusted terms), thanks, according to the company, to the reduction in costs and the integration of its new division of high-performance alloys ( VDM Metals). The group said in a statement sent to the CNMV that the...
    FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter, when the bank had large expenses related to its ongoing restructuring. The Frankfurt-based bank said Wednesday it had cut its cost base by 10 percent to 4.8 billion euros as it presses ahead with a drawn-out transformation aimed at improving profitability by reducing costs and riskier investments and activities. The bank said that set-asides for loans that aren't being repaid rose to 761 million euros in the quarter, from 161 million euros in...
    FRANKFURT, Germany (AP) — Deutsche bank reported a small net profit of 61 million euros in the second quarter as cost-cutting and revenue growth outweighed increased loan losses due to the virus outbreak. The gain compared with a loss of 3.1 billion euros in the year-earlier quarter, when the bank had large expenses related to its ongoing restructuring. The Frankfurt-based bank said Wednesday it had cut its cost base by 10 percent to 4.8 billion euros as it presses ahead with a drawn-out transformation aimed at improving profitability by reducing costs and riskier investments and activities. The bank said that set-asides for loans that aren’t being repaid rose to 761 million euros in the quarter, from 161 million euros...
    Jul 28 (.) – The energy network group Red Eléctrica announced on Wednesday a decrease of 8.4% in the first half net profit, to 332 million euros, due to the increase in amortizations after the incorporation of Hispasat and a greater financial burden as a consequence of the increase in debt. In a statement sent to the stock regulator on Wednesday along with the presentation of results, the group said that the effects of the covid-19 pandemic at the operational level have been minimized, although some items, such as those related to the construction of new infrastructure in Spain and Latin America, they had suffered temporary delays due to the total or partial paralysis of the imposed economic activities. The...
    A Deutsche Bank AG flag flies outside the company's office on Wall Street in New York.Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank on Wednesday reported a net loss attributable to shareholders of 77 million euros ($90.3 million) for the second quarter of 2020. This marks a stark improvement from the bank's 3.2 billion euro loss for the same period last year in the throes of a mass restructure, and outstrips its own consensus estimates of a 133 million euro net loss. Analysts polled by Reuters had projected a net loss of 182.9 million euros. The German lender allocated credit loss provisions of 761 million euros, up from 506 million in the first quarter, and said it had increased its investment bank...
    (Reuters) - Dutch semiconductor manufacturing equipment supplier ASM International NV said on Tuesday it expects third-quarter sales to fall from the previous quarter, which was boosted by continued high demand in the logic and foundry segments. The company sees sales between 300 million euros and 320 million euros ($351.87 million-$375.33 million) in the July to September period, compared with 342 million euros in the quarter ended in June, which was in line with its earlier forecast. (Reporting by Milla Nissi and Anna Rzhevkina in Gdansk; Editing by Tomasz Janowski) Copyright 2020 Thomson Reuters.
    BERLIN (AP) — A German man who was convicted of poisoning his co-workers’ food over several years is liable for more than 1 million euros ($1.18 million) in damages, a court ruled Tuesday. The 59-year-old was sentenced to life in prison in March last year when a court in Bielefeld in western Germany found him guilty of attempted murder. A young man who was one of his victims died in January, four years after he was poisoned and fell into a coma. Two other victims suffered serious kidney damage after the defendant, who has been identified only as Klaus O. for privacy reasons, peppered co-workers’ food and drinks with mercury and other substances over several years. A labor court in...
    PARIS (AP) — The maker of Peugeot and Citroen cars, PSA Group, said Tuesday that it made a profit in the first six months of the year even as the coronavirus pandemic caused a deep drop in sales. The French company, which is in the process of merging with Fiat Chrysler Automobiles, said its first-half profits fell to 595 million euros ($696 million) from 1.83 billion euros a year earlier as sales dropped 35%, to 25.1 billion euros. Sales rebounded in July as showrooms reopened from the pandemic lockdown in many countries and PSA said it still expects to report a profit over the period from 2019 through 2021, with an adjusted operating margin of over 4.5%. That all depends,...
    PARIS (AP) — The maker of Peugeot and Citroen cars, PSA Group, said Tuesday that it made a profit in the first six months of the year even as the coronavirus pandemic caused a deep drop in sales. The French company, which is in the process of merging with Fiat Chrysler Automobiles, said its first-half profits fell to 595 million euros ($696 million) from 1.83 billion euros a year earlier as sales dropped 35%, to 25.1 billion euros. Sales rebounded in July as showrooms reopened from the pandemic lockdown in many countries and PSA said it still expects to report a profit over the period from 2019 through 2021, with an adjusted operating margin of over 4.5%. That all depends,...
    Madrid, Jul 28 (EFE) .- Endesa obtained in the first half of the year, in which the covid-19 had a negative effect of 75 million on its accounts, a net profit of 1,128 million euros, 45.4% more than in the same period of the previous year, due to the effect of the reversal of commitments provisions of the new collective agreement. Without this effect of 267 million euros due to the entry into force of the new collective agreement and the registration of provisions for workforce restructuring, the increase in net profit would be 11% and would remain at 861 million euros, according to the results reported by the electricity company this Tuesday to the National Securities Market Commission (CNMV)....
    By Benoit Van Overstraeten | Reuters PARIS – France’s prime minister vowed on Monday to develop “railway highways” to carry food and other goods that now go by truck, part of a government push to reduce the country’s carbon footprint. Jean Castex said the “fresh food train” linking the main wholesale market in Paris to the southern city of Perpignan would reopen after that line was closed last year. The line would eventually be connected to a broader European line between Antwerp (Belgium) and Barcelona (Spain), he said, and two new national North-South lines would be launched. “This is a very strong signal the government is giving and it’s a first step in the comeback of railway freight,” Castex...
    Sevilla FC With a purchase option, not mandatory, of just under 20 million euros Rony Lopes (24), at the San Pablo airport. The departure of Rony Lopes from Sevilla its T next. BRAND has been able confirm the news that Rcord advances by reporting that there is already a verbal agreement for the transfer of the end to the french set, than would include a purchase option of just under 20 million euros. A few days ago appears published in France than the Nice and the sevillista already they had an agreement on economic conditions in which Rony Lopes will play in the French team and BRAND reported last Saturday of the start of negotiations between clubs....
    Madrid, Jul 27 (EFE) .- The pharmaceutical companies that have presented results today follow divergent paths on the stock market, since Rovi rises almost 4% while Almirall falls 5%. At 10:30 am, Rovi gained 3.92%, the highest rise in the Continuous Market, up to 31.8 euros per share; and Almirall lost 5%, the fifth steepest decline in the Ibex 35, up to 9.5 euros per share. The biotech company Biosearch was up 0.16%, up to 1.24 euros per share. Laboratorios Rovi earned 29.6 million euros in the first half, 83% more than in the same period last year, driven by the pharmaceutical specialty business. Operating income increased 8%, reaching 191.1 million euros. For his part, Almirall earned 42.4 million euros...
    Madrid, Jul 27 (EFE) .- The pharmaceutical companies that have presented results today follow divergent paths on the stock market, since Rovi rises almost 4% while Almirall falls 5%. At 10:30 am, Rovi gained 3.92%, the highest rise in the Continuous Market, up to 31.8 euros per share; and Almirall lost 5%, the fifth steepest decline in the Ibex 35, up to 9.5 euros per share. The biotech company Biosearch was up 0.16%, up to 1.24 euros per share. Laboratorios Rovi earned 29.6 million euros in the first half, 83% more than in the same period last year, driven by the pharmaceutical specialty business. Operating income increased 8%, reaching 191.1 million euros. For his part, Almirall earned 42.4 million euros...
    The US government will provide up to an additional 472 million dollars (403 million euros), in addition to the 483 million (412 million euros) already announced to support the development of the vaccine against the coronavirus. Massive tests The vaccine developed by the American company Moderna to fight against coronavirus must enter Monday in the last phase of his clinical test. The US government then decided to strengthen its financial support for the project. According to the company’s statement on Sunday, United States doubled their financial investment to reach $ 1 billion in total. Indeed, the US government has decided to provide up to 472 million additional dollars (403 million euros), in addition to the 483 million (412 million euros)...
    Sterling International Soccer tops the list of the top-rated figures Sterling, Salah and Harry Kane are three of the top names The transfer market continues its course and MARCA continues its analysis of the best rated footballers, according to data from the financial portal ‘Transfermarkt’. Today we are located in the United Kingdom, specifically in the queen competition of football, the Premier League. For years, the English league has stood out for being the most voracious when it comes to bringing foreign talent to its shores. That is why, in turn, it is the one that invests the most in the purchase and sale of signings, attracting stars to its paradise. Discounting Mbapp and Neymar, the top player...
    EFEMADRID Updated: 07/23/2020 21: 12h Save Related News The Bankinter Group obtained a net profit of 109 million euros between January and June this year, which implies an interannual cut of 64.7% -equivalent to 199 million less-, due to the extraordinary provisions of 192.5 million euros to face the coronavirus pandemic. In a statement sent to the National Securities Market Commission (CNMV), the bank also highlights the absence of extraordinary, although it notes that credit investment grew by 7% and customer funds by 10%. Likewise, the highest quality capital ratio (CET1 fully loaded) stood at 11.8%, 1.4 billion euros above the minimum requirement of the European Central Bank (ECB). The group presents the Direct Line accounts separately, before the...
    On Monday, July 20, the young Swedish activist was awarded one million euros alongside the Portuguese Gulbenkian Prize. “It’s more money than …” On his Twitter account, in comments translated by the French press, Greta Thunberg writes that “this is more money than I can even begin to imagine”. So, she decided that all the money for this award will be donated through her foundation “to different organizations and different projects, which are helping people on the face of the climate and ecological crisis, especially in the south of the planet.” First, 100,000 euros will be paid to ‘SOS AmazoniaOf the Brazilian branch of Fridays for Future as part of the fight against coronavirus. Another sum of 100,000 euros will...
    Real Madrid Madrid’s obsession is sales and not buying players in this market At first it seemed a dissuasive tactic to what was happening and the sensitivity of the situation in all aspects, but reality says that the priority of the Real Madrid It is still the one to sell players, the one to give out to the many footballers who have a contract for the next season, the one that still has no start date and whose market will be open until 4th of OctoberThe objective to which the Madrid leaders want to approach speaks of 180 million euros, complicated amount, but not impossible to achieve. From the noble area of ​​the Bernabu they remain calm. They know...
    BRUSSELS (AP) — The Belgian government and Lufthansa have agreed on a rescue plan for struggling airline Brussels Airlines. The deal reached this week is made up of 290 million euros ($337 million) in loans from the government and a capital injection of 170 million euros ($198 million) by Lufthansa, the airline’s parent company. Hard-hit by the coronavirus crisis, Brussels Airlines announced in May it was planning to cut a quarter of its workforce as part of a cost-cutting plan. The company said in a statement Friday that the rescue package will secure “tens of thousands of direct and indirect jobs.” The plan, which needs to be approved by the European Commission and Germany’s economic stabilisation fund, also...
    Killing of men’s rights lawyer in California probed for link to shooting at federal judges home Almost 16,000 Restaurants Have Closed Permanently During The COVID-19 Pandemic Milan Digital Fashion Week Scores Highest EMV Among European Fashion Capitals © courtesy image MILAN — The first edition of Milan Digital Fashion Week closed on July 17 with a bang, according to DMR Group. Although observers have been pointing out that digital showcases could and should not replace the fascination of IRL fashion shows, the online traffic generated by the London, Milan and Paris fashion weeks sent a reassuring message to the industry, forced to forgo physical events for the most part at least until September. More from WWDValentino Couture Fall 2020 The...
    Madrid, Jul 22 (EFE) .- The shares of the energy companies Iberdrola and Naturgy registered losses in the trading session on Wednesday after both companies presented their semi-annual accounts to the market. At 9:30 am, Naturgy’s losses stood out, at 1.57%, the second largest drop in the IBEX 35, to 17.19 euros per share. In the first half of the year, Naturgy earned 334 million euros, 43.6% less, due to the coronavirus crisis, which pushed down demand and plunged gas and electricity prices. The company has announced that in the fall it will update the objectives of its strategic plan until 2022. For its part, Iberdrola left 0.65% on Wednesday, up to 24.33 euros per share. In the case of...
    Madrid, Jul 22 (EFE) .- The shares of the energy companies Iberdrola and Naturgy registered losses in the trading session on Wednesday after both companies presented their semi-annual accounts to the market. At 9:30 am, Naturgy’s losses stood out, at 1.57%, the second largest drop in the IBEX 35, to 17.19 euros per share. In the first half of the year, Naturgy earned 334 million euros, 43.6% less, due to the coronavirus crisis, which pushed down demand and plunged gas and electricity prices. The company has announced that in the fall it will update the objectives of its strategic plan until 2022. For its part, Iberdrola left 0.65% on Wednesday, up to 24.33 euros per share. In the case of...
    Valencia Taking a slice with your sales is not easy due to your current situation, contract, age and market. Coquelin and Parejo in a session with Valencia. VCF The clubs already know the market and with Valencia even more. It was not necessary to go ‘face to face’ to bid or show interest for a player. The club has been in charge of moving the tab with its agents and it is going to have a serious problem when the market really moves. The Mestalla club maneuver does not benefit him at all. He has put them at the feet of the horses. He has caused his situation to be publicized and is a point against the entity. The...
    Greta Thunberg has pledged to donate 1 million euros – more than $1.14 million – in prize money. The 17-year-old climate activist was awarded the inaugural Gulbenkian Prize for Humanity, which recognizes people for their contribution to climate change mitigation and adaptation. In a video tweeted by Thunberg, she said all the prize money will be donated through her foundation to "different organizations and projects who are working to help people on the frontlines affected by the climate crisis and ecological crisis, especially in the Global South." She said the prize money is more than she can "begin to imagine," and that she hopes it will help her "do more good in the world." Get Breaking News Delivered to Your...
    By Sruthi Shankar and Susan Mathew Jul 21 (.) – European stocks closed above four-month highs on Tuesday, and the selective DAX erased almost all of its losses for the year, after European Union leaders agreed to a historic stimulus package to revive economies. of the block, affected by the coronavirus pandemic. * The STOXX 600 jumped to 1.3% before closing with a gain of 0.3% at its highest level since the beginning of March, an advance also seen in the leading shares of the euro zone, which totaled 0.5 %. * Shares in the oil sector were the biggest drivers, also marking their best day since the beginning of March, against the rise in values ​​of the barrel. *...
    THE HAGUE, Netherlands (AP) — A Dutch government auction of frequencies that can be used by mobile telecom companies to provide new, high-speed 5G communications raised 1.23 billion euros ($1.4 billion), the minister responsible for the sale said Tuesday. Three companies, KPN, T-Mobile and VodafoneZiggo, bought bandwidth, said State Secretary for Economic Affairs Mona Keijzer said. The online auction of 700, 1,400 and 2,100 megahertz frequencies began June 29, with the government saying it should raise a minimum of 900 million euros ($1 billion). KPN said it spent 416 million euros on a total of 75MHz of spectrum for a period of 20 years. “The new licenses allow us to further improve the quality of our mobile services and we...
    D. TerceroBarcelona Updated: 07/16/2020 18: 09h Save Artur Mas has assured, this Thursday, that he has already assumed all the “political responsibilities” for the Palau de la Música case and has defended that Convergència Democràtica de Catalunya (CDC) and his former treasurer Daniel Osàcar still they can be described as “innocent”, Despite the final judgment of the Supreme Court, they have appealed to the Constitutional Court (TC). In his initial speech, in the Institutional Affairs Committee of the Parliament of Catalonia, Mas limited himself to defend the party of which he was president, to his treasurer and point out that at no time, of the ten years in which the judicial case was open, was he involved nor was...
    MADRID, Jul 21 – The main index of the Spanish stock market rose more than 1% in the early stages of Tuesday, motivated by the European agreement reached in Brussels for Europe to resurface from the pandemic and the hopeful news from the University of Oxford around a vaccine against COVID-19. After nearly five days of talks, the leaders of the bloc’s 27 economies sealed a pact for economic reconstruction that aims to tackle Europe’s deepest recession since World War II. Said recovery fund, of 750,000 million euros, of which 390,000 million will be lost fund grants and the rest repayable loans, will join the common budget of the EU for 2021-2027, of around 1.1 billion euros. Spain will receive...
    The marathon summit of European leaders ended late Tuesday morning with “white smoke”: they finally agreed to create a multi-million dollar fund for the recovery of the bloc’s economy after the pandemic. “Agreement,” European Council President Charles Michel announced on Twitter at 5:31 local time (3:31 GMT) on Tuesday, following a summit that began last Friday morning. The fund amounts to 750,000 million euros (around US $ 860,000 million), and consists of 390,000 million euros of grants and 360,000 million euros of low-interest loans. The fund seeks to support members of the bloc to mitigate the economic downturn caused by the covid-19 pandemic. It required unanimous approval from the 27 member states and is considered a victory for German Chancellor...
    VIENNA (Reuters) - Austrian chipmaker AT&S on Monday said it plans to invest up to 120 million euros ($137 million) over four years in technology upgrades to increase and modernise production capacity at its home location. Around 100 million euros are to be spent on new machinery and processing and 20 million euros will go into research and development, said AT&S, which produces circuit boards for smartphones and tablets and supplies the likes of Apple and Intel . AT&S plans to use the investment to increase its circuit board production capacity at its site in Leoben, in Austria's Styria province, by 50% to around 340,000 panels per year. (Reporting by Kirsti Knolle; Editing by Michelle Martin) Copyright 2020...
    Olympics: Human Rights Watch report documents abuse of child athletes in Japan Subscription boxes for kids that will deliver endless fun Philips Betting on Rebound to Help Keep 2020 Target in Sight (Bloomberg) -- Royal Philips NV said demand for ventilators used to treat Covid-19 patients in intensive care and a recovery in spending on other hospital equipment will help the Dutch company meet a target for revenue growth this year. © Bloomberg A patient with Covid-19 lies connected to a ventilator in the intensive care unit (ICU) at Moscow City Clinical Hospital 52 in Moscow, Russia, on Tuesday, May 12, 2020. Russia has the world’s second-highest number of coronavirus infections at 290,678 so far. The maker of body...
    Best of the 2020 Major League Soccer season Kansas dog makes nearly 60-mile journey back to her previous house in Missouri Philips Betting on Recovery to Help Keep 2020 Target in Sight (Bloomberg) -- Royal Philips NV said demand for ventilators used to treat Covid-19 patients in intensive care and a recovery in spending on other hospital equipment will help the Dutch company meet a target for revenue growth this year. © Bloomberg A patient with Covid-19 lies connected to a ventilator in the intensive care unit (ICU) at Moscow City Clinical Hospital 52 in Moscow, Russia, on Tuesday, May 12, 2020. Russia has the world’s second-highest number of coronavirus infections at 290,678 so far. The maker of body...
    Tokyo, Jul 20 (EFE) .- Japan registered a trade deficit of 268,824 million yen (2,200 million euros / 2,500 million dollars) in June, the government reported on Monday. The negative balance is lower than the deficit of 838.218 million yen (6,840 million euros / 7,800 million dollars) in May, but contrasts with the surplus of 588,110 million yen (4,800 million euros / 5,500 million dollars) registered in June 2019, according to data published today by the Ministry of Finance. Japanese exports fell in the sixth month of the year by 26.2% year-on-year to 4.86 trillion yen (39.7 billion euros / 45.3 billion dollars), while imports decreased 14.4%, to 5.13 trillion yen (41,850 million euros / 47,790 million dollars). By country,...
    The actress and her husband, producer Cash Warren, have put up for sale their Spanish-style mansion in Beverly Hills, one of the most exclusive neighborhoods in Los Angeles. The marriage has released it to the market for 6.2 million dollars (about 5.5 million euros).
    Around 1.6% the Ibex has risen in the week despite the fact that the falls have been imposed this Friday, it closed with a decrease of 0.46%. The selective ended last session with slight decreases after the European Central Bank (ECB) kept its monetary policy unchanged. The organisation’s president, Christine Lagarde, encouraged the European Union to approve an “ambitious” Reconstruction Fund with “urgency”. Today begins the two-day summit for leaders to reach a pact. There are many doubts about whether it will finally come. Investors will be very aware during the weekend of what may happen. “We are not confident that an agreement will be reached this weekend, but we hope that is reached before the European Commission begins its...
    Related news The spicy perched in the network of supermodels Gigi hadid (24 years old) and Bella Hadid (23) have passed into a discreet background since the father of the sisters, Mohamed Hadid (71), it will be declared bankrupt after building a mega mansion in California declared illegal and dangerous. The magnate is a well-known builder and real estate developer who has a fortune of between 90 and 190 million euros. In 2011 Mohamed with his company 901 Strada LLC began the construction of a magnificent mansion located in Bel-Air, California, of approximately 2,800 square meters, the same that has been classified by the Los Angeles authorities as illegal, ordering that it be destroyed immediately. Hadid’s neighbors had...
    Beijing, Jul 17 (EFE) .- Hong Kong’s flagship airline, Cathay Pacific, announced on Friday estimated losses of some 9.9 billion Hong Kong dollars (1,277 million dollars, 1,118 million euros) in the first half of the year . In a statement to the Hong Kong Stock Exchange, where it is listed, the company warns its investors of these net losses, which are compared to the profit of HK $ 1.3 billion (USD 168 million, EUR 147 million) achieved in the first six months of 2019. Although the figures have yet to be revised, Cathay Pacific specifies that $ 2.4 billion ($ 310 million, € 271 million) of total losses is due to “impairment charges” related primarily to the fact that 16...
    How New York has been able to keep coronavirus at bay while other states see surges 21 Shocking Secrets Restaurant Workers Know—and You Dont Bayern star Thiago Alcantara set to join Liverpool: report Spain midfielder Thiago Alcantara is on the verge of joining Premier League champions Liverpool after stalling over signing a contract extension at Bayern Munich, according to a report in Bild on Friday. © SASCHA SCHUERMANN Bayern Munich midfielder Thiago Alcantara is on the verge of joining Premier League champions Liverpool, according to the German media. The paper claims Liverpool manager Jurgen Klopp wants to sign the playmaker who helped Munich win the Bundesliga title and German Cup double last season, but the clubs have yet to...
    Madrid, Jul 17 (EFE) .- Iberdrola has positioned itself for the first time in its history as the company with the highest value of the IBEX 35 by surpassing Inditex by market capitalization, with more than 71,500 million euros. Specifically, at 10.12 am, the capitalization of the electricity company reached 71,538.1 million euros, slightly above the 71,527.5 million of Inditex, which in recent years has held the top spot, only exceeded on some occasions by Banco Santander. Telefónica also managed to position itself for some years as the company with the most value on the Spanish Stock Market. In today’s session, and after Iberdrola and Inditex, the third most important value in the IBEX 35 is Banco Santander, although with...
    Trump, Census Bureau collecting drivers license data to check citizenship status of Americans Walmart now requires shoppers to wear masks -- and so do these other stores Stuttgart join cash-strapped Bundesliga clubs seeking state aid Newly-promoted VfB Stuttgart are the latest cash-strapped Bundesliga club seeking financial aid because of lost matchday revenue due to the coronavirus pandemic. © Michael Sohn Matchday revenue lost due to the coronavirus pandemic has left German clubs like VfB Stuttgart seeking state aid Stuttgart finished runners-up in Germany's second division at the end of June to win promotion back to the Bundesliga a year after being relegated. However, the 2007 German champions are among established names needing help balancing the books. "During the lockdown...
    Madrid, Jul 16 (EFE) .- The Spanish Treasury has placed this Thursday 5,965 million euros in medium and long-term debt of various denominations that, in all cases, have been sold at a lower interest rate. Of the total of 5,965 million placed, the majority, 2,102 million euros, has been in thirty-year government obligations, which has been awarded a marginal yield of 1,217%, less than the 1.68% previously applied. Another 1,527 million have come out in five-year bonds, at an interest of -0.180%, even more negative than the -0.133% applied in the bid on July 2. Likewise, in fifteen-year obligations, the Treasury has sold 1,416 million, at a lower interest of 0.703% (previous 0.95%). Lastly, 920.6 million have been awarded in...
    BRUSSELS (Reuters) - The European Union's top court fined on Thursday Romania and Ireland for delays and incomplete application of the bloc's rules against money laundering and terrorist financing, it said in a statement. Romania was ordered to pay to the European Commission a lump sum of 3 million euros, while Ireland was fined 2 million euros. "Both member states failed to transpose in full, within the period prescribed, the directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing," the court said, referring to anti-money laundering rules adopted by the EU in 2015. Those rules reinforced surveillance requirements for banks, lawyers and accountants and mandated more transparency on company...
    Algeciras (Cádiz), Jul 14 (EFE) .- The Civil Guard estimates at 35 million euros the amount of money laundered by those involved in the so-called Domus operation, the largest operation against money laundering from drug trafficking in the Cadiz region. from Campo de Gibraltar. In a statement, the armed institute explains that 71 people have been arrested and 43 others investigated, 150 vehicles have been intervened valued at more than one million euros, 60 properties valued at 16 million euros, more than 200 bank accounts have been blocked and intervened 550,000 euros in cash. The investigation began in the fall of 2018, when it was found that most of the most important drug traffickers in the area were residing in...
    Beijing, Jul 14 (EFE) .- China’s foreign trade fell 3.2% year-on-year during the first half of 2020, according to data published today by the General Administration of Customs, reaching 14.24 trillion yuan ( about 2.03 trillion dollars, 1.79 trillion euros). The official source indicated that in those six months exports fell by 3% while imports did so by 3.3%. Foreign sales stood at 7.71 trillion yuan ($ 1.10 trillion or 971,146 million euros) during that period, and purchases at 6.53 trillion yuan (932,611 million yuan, 822,402 million yuan). euros). Thus, the trade surplus was 1.18 trillion yuan ($ 168,472 million or € 148,566 million). Exchanges with the United States, the country with which it has been waging a trade war...
    By ROB HARRIS, AP Global Soccer Writer LONDON (AP) — In a season that could end with four trophies, Manchester City’s biggest victory hasn’t been secured by Kevin De Bruyne or Raheem Sterling. City fans are celebrating a squad of lawyers outsmarting UEFA’s judicial machinery in extra time and saving the club from a devastating two-year Champions League ban. “Absolutely vindicated,” supporter Dante Friend said outside City’s stadium on Monday shortly after the Court of Arbitration for Sport ruled largely in the club’s favor in the Financial Fair Play case. “We can prove where the money has come from over the years.” Money coming from companies such as Etihad Airways, the Abu Dhabi-owned carrier that took on the stadium naming...
    LONDON (AP) — In a season that could end with four trophies, Manchester City’s biggest victory hasn’t been secured by Kevin De Bruyne or Raheem Sterling. City fans are celebrating a squad of lawyers outsmarting UEFA’s judicial machinery in extra time and saving the club from a devastating two-year Champions League ban. “Absolutely vindicated,” supporter Dante Friend said outside City’s stadium on Monday shortly after the Court of Arbitration for Sport ruled largely in the club’s favor in the Financial Fair Play case. “We can prove where the money has come from over the years.” Money coming from companies such as Etihad Airways, the Abu Dhabi-owned carrier that took on the stadium naming rights after a member of the emirate’s...
    Madrid, Jul 13 (EFE) .- Abengoa negotiates “in extremis” with the ICO -the Official Credit Institute- and with the Andalusian Government to receive some 70 million euros, to which 180 million more would be added than the banking, and thus avoid bankruptcy, according to sources close to the talks. Pending to know how the negotiations conclude, Abengoa has risen 14.44% this Monday on the Stock Exchange, up to 0.010 euros per share. Apart from the 300 million in guarantees that the group requested in recent weeks, it needs 250 million in liquidity and it is precisely this financing that it is trying to close before July 15, the same sources explain to Efe. Abengoa has held talks for months with...
    BRUSSELS (Reuters) - Europe's second top court on Wednesday cut German chipmaker Infineon Technologies' 82.78 million euro ($93.3 million)antitrust fine to 76.87 million euros. The Luxembourg-based General Court said EU competition enforcers took insufficient account of the limited number of anti-competitive contacts Infineon had with its rivals. The Court of Justice of the European Union in 2018 told the General Court to review the case again after Infineon appealed the lower tribunal's 2016 ruling, rejecting its challenge against the EU antitrust fine. The case is T-758/14 RENV Infineon. (Reporting by Foo Yun Chee, editing by Louise Heavens) Copyright 2020 Thomson Reuters.
    Florida county asks governor to find new home for Confederate general statue Devin Nunes winery, yacht clubs, a resort in West Virginia owned by its governor – heres who got PPP loans Six Nations confirm forward thinking CVC talks The Six Nations confirmed on Tuesday it was holding talks with a private equity firm to buy shares in the competition. © Paul ELLIS Wales won the Six Nations Grand Slam last year CVC Capital Partners, which formerly owned a controlling stake in Formula One, has already purchased parts of the English Premiership and the Pro14 domestic leagues. "Over the past year, Six Nations has been involved in exclusive negotiations with CVC Capital Partners. These negotiations have been very constructive...
    By ARNO PEDRAM, Associated Press PARIS (AP) — Unlike other museums thumped by the coronavirus pandemic, Paris’ Rodin Museum might have an ace up its sleeve to help see it through the crisis: It can sell limited-edition versions of the French sculptor’s masterpieces. The self-financed museum dedicated to the works of Auguste Rodin is facing a mountain of challenges. Tourists were scarce as it reopened Tuesday after four months of virus-enforced closure, and a return to the good old days is a long way off. Signs seeking donations now line its walls. But a measure of relief may come from a century-old system set up by Rodin himself allowing the museum to sell up to 12 replicas of select sculptures...
    Reese Witherspoon and Ryan Phillippe’s Son Deacon Teases His First Single Stocks making the biggest moves midday: Novavax, Shake Shack, Tesla, Apple & more FFR chief Laporte announces re-election bid to keep work going Bernard Laporte told AFP on Tuesday he will run for re-election as French Rugby Federation (FFR) president later this year. © FRANCK FIFE Bernard Laporte won the Six Nations title on four occasions as France head coach Laporte, 56, who coached Les Bleus between 1999-2007 before becoming the country's Secretary of State for Sport, faces competition from the chief of Paris' greater region's rugby federation Florian Gill. At the FFR's annual general meeting on Saturday, Laporte announced an annual loss 5.63 million euros ($6.32 million)...
    PARIS (AP) — Unlike other museums thumped by the coronavirus pandemic, Paris’ Rodin Museum might have an ace up its sleeve to help see it through the crisis: It can sell limited-edition versions of the French sculptor’s masterpieces. The self-financed museum dedicated to the works of Auguste Rodin is facing a mountain of challenges. Tourists were scarce as it reopened Tuesday after four months of virus-enforced closure, and a return to the good old days is a long way off. Signs seeking donations now line its walls. But a measure of relief may come from a century-old system set up by Rodin himself allowing the museum to sell up to 12 replicas of select sculptures every year. The bronzes are...
    Dunkin ‘announced in a statement that it will close 450 stores in the US by the end of 2020. The locations to be closed will be those located within Speedway service stations. Most of the locations to be closed are located on the East Coast. Dunkin ‘, the famous donut and coffee chain known as Dunkin’ Donuts, reported in a statement that it plans to permanently close 450 stores in the United States by the end of 2020, according to Today Food. Dunkin ‘noted that the locations they will close will be only those located within Speedway service stations. Dunkin ‘revealed to Today Food that the move is intended to support further efforts by the donut chain to...
    The Italian and Romanian judicial authorities have dismantled a criminal organization which had developed a system of fraud on the internet, European Union agencies for the coordination of police and justice, Europol and Eurojust, announced on Tuesday. The organization is said to have extorted at least 20 million euros from its victims across Europe. Twelve suspects were arrested, including the two alleged leaders of the organization. It is one of the largest transnational networks of this type ever discovered in Italy, according to Eurojust. The organization specialized in different forms of online fraud and cyber scams. For example, it sold and rented non-existent goods and services, or phished by email and via copies of corporate web pages. The scammers...
    The Pontegadea Group, which encompasses all holding companies owned by Amancio Ortega, its real estate subsidiaries and business interests, closed the financial year 2019 with a net profit of 1,778 million euros, with an increase of 14.7% compared to the previous year, after accounting for 104 million euros in donations to the Amancio Ortega Foundation, and raised the market value of its real estate portfolio to 15,163 million euros. This figure consolidates you as the largest operator in the Spanish real estate market and places it above its direct European competitors. Amancio Ortega’s investment arm closed the 2019 financial year with a turnover of 2,261 million euros, which represents an increase of 18% compared to 1,916 million in 2018. Of...
    Bilbao, Jul 6 . .- The Euskaltel group distributed on Monday a complementary dividend of 30 million euros, corresponding to the year ended December 31, 2019, and which was approved by the Ordinary General Shareholders’ Meeting held electronically on June 2. In a statement, the aforementioned telecommunications company recalls that the Board of Directors of the company approved in October last year the distribution among the shareholders of a dividend on account of the results of the fiscal year 2019 of 0.14 cents of gross euros per each action, which became effective on February 5. The final dividend charged to the 2019 results to be distributed among the shareholders is 0.31 euros per share. This means that the total amount...
    Abengoa You have to clarify your future before July 14. Just over a week in which he will negotiate against the clock with creditors (both financial and commercial), with state entities such as the ICO and under the magnifying glass of public administrations. He will do it with the need to restructure your debt and avoid, for the second time in five years, bankruptcy. In these negotiations, the requirement that creditors have to bear the bill again, overcomes you can get up to 90%, according to sources familiar with the conversations. In the strictly financial field, at the end of 2019 (exercise whose balance must also be made official on July 14) the Abengoa’s gross financial debt reached 5,948 million...
    80 artists are skytyping over US ICE facilities Fourth of July barbecue food safety: Grilling your burgers wrong could kill you this Independence Day FIA pledges 1m euros to back diversity, drivers split on taking knee Formula One’s ruling body, the International Motoring Federation (FIA), on Sunday pledged to give 1 million euros ($1.1m) to the sport's new 'We Race As One' diversity foundation. © Mario RENZI Formula One’s ruling body, the International Motoring Federation (FIA), on Sunday pledged to give 1 million euros ($1.1m) to the sport's new 'We Race As One' diversity foundation In a statement issued ahead of the belated season-opening Austrian Grand Prix at the Red Bull Ring, FIA president Jean Todt said it was...
    The Tax Agency has already returned 216.4 million euros to Asturian taxpayers corresponding to the 2019 personal income tax campaign that has just closed. Given the economic situation, the Treasury had promised to accelerate these payments to the maximum and, according to the statistics that it has just released, it has more than kept its word. Since the amount he has paid represents 73% of what corresponded to the region’s taxpayers in their declarations (296 million). What’s more, the Tax Agency itself ensures that the number of payments made has grown by 4.8% compared to the same dates last year. In the country as a whole, the Treasury has paid taxpayers 7,547 million euros. He even assures that the...
    The Council of Ministers yesterday approved a new package of economic measures to cushion the Covid-19 crisis and promote recovery, which includes 50,000 million for a new line of ICO guarantees and a company rescue fund, the plan ” Vehicle renewal “or the mortgage moratorium in the tourism sector. The Government creates a new line of ICO guarantees for an amount of 40,000 million, which will be used to boost and encourage investment in areas where greater added value is generated, around the axes of environmental sustainability and digitization. The so-called Fund to Support the Solvency of Strategic Companies, endowed with 10,000 million, will be dedicated to providing temporary public support to non-financial companies severely affected by the...
    Breaking News — Madrid, Jul 3 . .- The Tax Agency has returned 7,547 million euros to 11.5 million taxpayers as part of the 2019 income campaign, which ended on June 30, as reported on Friday by the Agency in a statement. In these three months of campaigning, the Agency has received 20.99 million declarations, 1.9% more than last year, of which 14.4 million included a refund request (0.24% less) for a total amount of 11,163 million euros (3.05% more). At the end of the campaign, the Treasury had already paid the amount of its return to 11.5 million taxpayers -79.7% of those requested-, 4.77% more than last year, for a total of 7,547 million euros – 67.6% of...
    The extraordinary Council of Ministers this Friday has approved a Royal Decree-Law on Urgent Measures to support the economic revival and employment. This new package aims to reinforce and accelerate the recovery that the economy has already started after the crisis caused by COVID-19. To do this, measures are launched to boost investment and strengthen the solvency of companies, which in turn instead it will support thousands of jobs. These measures include the creation of a new Line of Guarantees of the Official Credit Institute (ICO) for the amount of 40,000 million euros. This new line is aimed at promoting investment activity and promoting it in the areas where the greatest added value is generated, around two main axes:...
    The Council of Ministers approved the program this Friday ‘Renew 2020‘for the renovation of the vehicle fleet. The objective of this plan, endowed with 250 million euros, is to stimulate demand, activate production in Spain and promote the replacement of older and more polluting vehicles. Aid from the ‘Renove 2020 plan’ will be granted directly and can range from 300 to 4,000 euros, depending on the type of vehicle and the beneficiary. There may be an additional 500 euros in the event of scrapping a vehicle over twenty years old, from beneficiaries with reduced mobility or those who belong to households with monthly incomes of less than 1,500 euros. Vehicle acquisitions made since June 16, 2020 can qualify...
    The Spanish government announced on Friday that it will be able to make another 50 billion euros ($ 56 billion) available to companies trying to overcome the economic difficulties caused by the coronavirus pandemic. After an extraordinary meeting of the council of ministers, the government said it will provide € 40 billion in loan guarantees for new investments, especially in technology and sustainable economy. A similar € 100bn plan launched in March satisfied high demand from companies. The executive set aside another 10 billion euros to help strategic industrial companies with liquidity problems, through the purchase of shares or debt, for example. Also on Friday, the government signed a pact with business groups and unions to work together to save...
    The front desk at Delivery Hero's headquarters in Berlin, Germany.Delivery Hero German online takeaway food company Delivery Hero reported a near-doubling of orders in the second quarter as lockdowns due to the coronavirus crisis prompted people to order meals from home, sending its shares to a record high. The Berlin-based company, which runs platforms for food delivery in 44 countries, said second-quarter orders rose 94% to 280 million euros ($314 million) compared to 144 million a year earlier. In June, despite easing of lockdown restrictions in some countries, order growth was up 104%. In Asia, the company's largest market, orders almost quadrupled to 157 million euros. Orders increased by 46% in Europe and were up 111% in the Americas. In the Middle East and North Africa region, orders...
    MANCHESTER, England (AP) — Manchester City is reportedly selling Leroy Sane to Bayern Munich in a deal worth 60 million euros ($67 million). According to British media reports, including the PA news agency, the deal could include a further 11 million euros based on bonuses. City manager Pep Guardiola said recently that Sane had rejected offers of a new contract and wanted to leave. The 24-year-old Germany winger joined City from Schalke in 2016. Sane only made his return to action last week after recovering from knee ligament damage sustained in the Community Shield in August. While the Bundesliga campaign ended last weekend with Bayern defending the title, the Premier League runs until the end of July after being suspended...
    The Spanish tennis player has managed to invest his earnings | Jam Media / . Even someone who is not a tennis fan has heard of Rafael Nadal. The Spanish is, along with Roger Federer, one of the best players of his generation and in history. Winner of 19 Grand Slam tournaments, Nadal is usually in the spotlight. His insurance prize income has been affected by this slowdown due to the COVID-19 pandemic, but he has made enough money not to worry. In the last two years, about 80 million dollars have been entered into their accounts through this channel alone. Rafael Nadal; The destination of the famous Lisbon pastry shop, the current world No. 1, has a stake in...
    With the entire world enclosed between the four walls of their house and closed borders, the tourism sector has experienced an unprecedented drop in activity and has been one of the hardest hit by the pandemic. Exceltur, the tourism association, estimates that the losses will be more than 83,000 million euros. In this scenario, the Prime Minister, Pedro Sánchez, announced a package of measures to boost tourism activity endowed with 4,262 million euros. With this amount, government support for tourism rises to 19,535 million euros, since different shock measures have been activated since the start of the pandemic to support the Spanish economy, which have meant an injection of 15,273 million euros for the tourism sector. Essential economic pillar This...
    This implies that these companies increased their value by $ 277 billion in 2020 despite the coronavirus, according to the BrandZTM list. The 100 most valuable brands in the world have increased their value by 5.9% in 2020 compared to the previous year, reaching 5 billion dollars (4.4 billion euros). This implies that these companies increased their value in 2020 by 277 billion dollars (around 246,325 million euros), despite the coronavirus, according to the BrandZTM list of the 100 brands with the highest value prepared by Kantar and WPP this year 2020. The most valuable companies “have proven to be stronger and less volatile” in the crisis of the COVID-19 “Than they were during the 2008-2009 global economic crisis.”...
    For all this, the company plans to allocate a total of 1,800 million euros in 2020, with which in addition to further improving its efficiency and service, it will reactivate the economy. This investment will go mainly to the opening of new supermarkets, 69 in Spain; to the reform of 160 supermarkets to adapt them to the New Efficient Store Model (Store 8); to continue developing the Global Frescos Project, and the implementation of the new Ready to Eat section in 460 other supermarkets also throughout the year. In addition, this investment drive will also have an indirect impact on job creation, since more than 150 people and technicians from different trades will work in each of the reforms...