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Siemens Gamesa hires new execs as COVID-19 helps cut $1.2 billion from sales outlook

Jul 30 2020

MADRID Siemens Gamesa named new senior executives on Thursday as the wind turbine maker sought to tackle a coronavirus-driven downturn that has led the group to cut its sales outlook for the year by 1 billion euros (903.7 million pounds).

UPDATE 2-Siemens Gamesa hires new execs as COVID-19 helps cut $1.2 bln from sales outlook

Jul 30 2020

* Three new executives hired as part of turnaround - CEO (Writes through with new hires)

UPDATE 2-After criticism, Madrid rows back on COVID 'immunity card'

Jul 29 2020

* Immunity passport would have allowed access to higher-risk areas

Spain's Naturgy shares tumble as low energy demand squeezes profit

Jul 22 2020

MADRID Spanish utility Naturgy on Wednesday reported a 14% drop in first-half core earnings on lower demand for gas and electricity as a result of the coronavirus outbreak, sparking a sharp drop in its shares.

Making masks compulsory everywhere bad for tourism, Balearic lobby group says

Jul 10 2020

MADRID Making face masks mandatory everywhere is likely to chase off tourists when Spain badly needs them, the Balearic Islands' business association said on Friday.

Nasdaq's $1.2 trillion biotech index draws Europe's COVID drug hunters

Jun 30 2020

MADRID/LONDON Spain's Pharma Mar is looking at listing on New York's Nasdaq market, joining a flurry of biotech companies aiming to tap investors' voracious appetite for the sector as it tests one of its therapies to treat COVID-19.

Coronavirus traces found in March 2019 sewage sample, Spanish study shows

Jun 26 2020

MADRID Spanish virologists have found traces of the novel coronavirus in a sample of Barcelona waste water collected in March 2019, nine months before the COVID-19 disease was identified in China, the University of Barcelona said on Friday.

Spain to decide this week which non-European tourists can visit

Jun 22 2020

MADRID Spain will decide this week which visitors from outside Europe can enter as it welcomes back travellers from neighbouring nations in an effort to revive a tourism industry hammered by the coronavirus lockdown, a minister said.

Spain may quarantine British tourists, minister tells BBC

Jun 16 2020

MADRID Spain is considering imposing a quarantine on British travellers when it reopens its borders next week, in response to a similar policy at London's end, its foreign minister said.

MasMovil shareholder seeks better terms on takeover bid

Jun 09 2020

MADRID/LONDON AllianceBernstein , which holds around a 1.25% stake in MasMovil , said on Tuesday a takeover offer for the Spanish telecoms company from three private equity funds was too low and asked the board to seek better terms or rival bids.

World News