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Isla Binnie

Spanish oil company Cepsa postpones bumper IPO, blames market rout

Oct 15 2018

MADRID Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Monday, the latest IPO to succumb to a global sell-off in equity markets.

UPDATE 1-Spanish oil company Cepsa postpones bumper IPO, blames market rout

Oct 15 2018

MADRID, Oct 15 Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Monday, the latest IPO to succumb to a global sell-off in equity markets.

Spain scraps 'sun tax' in measures to cool electricity prices

Oct 05 2018

MADRID Spain took measures on Friday aimed at reducing electricity bills which are among the highest in Europe and are often criticized for reducing business competitiveness and consumer's purchasing power.

Catalan leader calls on Madrid to agree to independence referendum

Sep 04 2018

MADRID Catalan leader Quim Torra relaunched a campaign to split his region from Spain on Tuesday, calling on the central government in Madrid to agree to a referendum on independence and rebuffing a vote that could only offer greater autonomy.

Spain moves closer to exhuming dictator Franco's remains

Aug 24 2018

MADRID Spain's government took a step closer on Friday to removing the remains of dictator Francisco Franco from a grand mausoleum that it intends to turn into a memorial to victims of the country's brutal civil war.

Carlos Slim sees no threat to Mexican business from leftist's election

Jul 31 2018

MADRID Mexican tycoon Carlos Slim said on Tuesday he sees no risks to his telecoms-to-banking empire from the new left-wing government of Andres Manuel Lopez Obrador, a self-styled radical who clashed with business leaders before his election this month.

Spain to invest $35 million in initial costs of migrant influx

Jul 30 2018

MADRID Spain aims to invest 30 million euros ($35.1 million) in an emergency plan to manage its new status as the main destination for seaborne migration from Africa, the government said.

Spain's Telefonica sells 10 pct of masts unit to Zara owner

Jul 27 2018

MADRID Spain's Telefonica has agreed to sell a 10 percent stake in its masts unit Telxius to the holding company of Amancio Ortega, Europe's richest man and founder of fashion chain Zara, the telecoms firm said on Friday.

Spain's Telefonica sells 10 pct of masts unit to Zara owner

Jul 27 2018

MADRID, July 27 Spain's Telefonica has agreed to sell a 10 percent stake in its masts unit Telxius to the holding company of Amancio Ortega, Europe's richest man and founder of fashion chain Zara, the telecoms firm said on Friday.

Still no justice, says Spanish woman a decade after daughter killed in Pamplona

Jul 06 2018

IRUN, Spain A decade has passed since her daughter was beaten and strangled to death at Pamplona's annual bull-running festival, but Asuncion Casasola says there is still no justice for women affected by violence in Spain.

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