Category Business

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High-speed train link between Spain and Portugal’s capitals confirmed- but it could take up to nine years to launch

SPAIN, Portugal, and the European Commission (EC) have struck a deal for a high-speed train link between Madrid and Lisbon to launch by 2034 with a journey time of just three hours. A ‘conventional’ five-hour link between the two capitals will…

Ryanair bumps up the number of seats to Spain it is slashing next summer to 1.2m – and kills off Asturias completely

RYANAIR’S boss, Michael O’Leary has announced the budget airline will cut 1.2 million seats at Spain’s regional airports for the 2026 summer season- including the ending of all flights to Asturias. It’s the latest salvo in the ongoing battle over…

BBVA can offer to buy Sabadell Bank shares from Monday as hostile bid moves into decisive stage in Spain

SPAIN’S stock market regulator, the CNMV, gave the green light on Friday to BBVA to attempt to get the majority of voting shares in Banco Sabadell. It means that its €14.9 billion hostile bid for Sabadell will officially begin on…

Bars and restaurants say turnover is 15% down despite record tourist numbers in Valencia

TOURISTS tightening up spending and heatwaves are two of the reasons why bars and restaurants in the Valencia area say turnover is down by as much as 15% during this year’s peak season That’s the key finding of the hospitality…