BBVA, Houston, Texas. Credit: Brett Hondow, Shutterstock. BBVA has become the fourth-largest bank financing data centres in the U.S. between January and May 2025, according to its Global Head of Sustainability and CIB, Javier Rodríguez Soler. Speaking at an event hosted by the Spain–U.S. Chamber of Commerce in Houston, Rodríguez Soler reaffirmed BBVA’s growing footprint in the U.S., calling it …
Read More »Spain’s Sánchez apologises over top aide’s alleged corruption
Get the Editor’s Digest free In this weekly newsletter, Roula Khalaf, Editor of FT, chooses her favorite stories. Prime Minister Pedro Sánchez has apologised to Spaniards for being misled by a top aide accused of corruption who resigned after working “side by side” with the prime minister for more than a decade. The alleged kickbacks received by Santos Cerdán, a …
Read More »UK and EU close deal on Gibraltar status after Brexit
Get the Editor’s Digest free This weekly newsletter features the favourite stories of Roula Khalaf Editor at The Financial Times. The UK and Spain are close to reaching a deal on Gibraltar’s post-Brexit situation, which is one of the few outstanding issues created by Britain’s exit from the EU. Gibraltar is in limbo ever since Brexit took effect early 2020. …
Read More »Italy, Greece and Spain emerges as winners in the bond market anxiety
Get free updates to stay informed Just sign up. Sovereign bonds MyFT Digest – delivered straight to your mailbox Italian, Spanish, and Greek sovereign bonds emerged as the unexpected winners of this year’s bond markets ructions. Mounting a “relentless rally”, they have narrowed Germany’s benchmark lending costs to the smallest gap in over a decade. Bond fund managers claim that …
Read More »The blackout in Spain & Portugal is blamed for a game of blame
This is a version of the Energy Source newsletter that appears on our site. Subscribers can sign up for the newsletter. here Subscribe to the newsletter and receive it every Tuesday and Thursday. Upgrade to Premium or browse all FT Newsletters here for Standard subscribers Energy Source has arrived from London and Madrid. More than a month has passed since Spain and …
Read More »Airline companies are now credit card companies.
She thinks that she purchased a flight. She thinks that she purchased loyalty points. Credit: Iurii Maksymiv via Canva.com Once upon a time, airlines made money from flying airplanes. This seems pretty obvious, yes? You purchase a ticket. They deliver you to the destination and, hopefully, make some profit in the process. This is no longer true. Today, the biggest …
Read More »Baleares has a record number of freelancers
Baleares has record number of independent workers Photo Credit: StockSnap, via Pixabay Balearics are registering record numbers of self-employed people or freelancers. According to the National Federation of Freelancers, (or ATA in Spain), over 120,000 new members have joined the Special Regimen of Self-Employed Workers. Moreover, over a third of them are classified as societario – referring to a self-employed …
Read More »Court rules BBVA abusive — could more refunds follow?
BBVA was ordered to refund €684 over an abusive mortgage clause. Credit: vvaz from Imágenes de Vvaz via Canva.com When you get a mortgage, you expect to repay the loan and not the notary fees of your bank. That’s precisely what one Spanish court has ruled against this month, ordering BBVA to refund €684 to a client after declaring one …
Read More »Beach-hopping by bike on Spain’s Costa de la Luz
On the seafront in Tarifa stands a tall, metallic weather vane fashioned into the shape of a fish. It indicates which of the winds that shape everything from conversation to mood in this singular corner of Andalusia is in the ascendancy. In the midst of a stifling summer, locals might pray for a Poniente, the northwesterly that brings cooler air …
Read More »Offally good: La Tasquería, Madrid
This article is a part of FT Globetrotter Madrid guide If one were to walk into La Tasquería without having done any research, it may immediately offer a sense of what to expect. The decor, which includes oak cross chairs and granite-washed floor, is understated and organic. The food? The food? La Tasquería is not an average chichi Spanish eatery, …
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