Business

Spain’s new international debt swap hub is a symbol for the country’s commitment to ethical finance reform. Credit: JaviBueAnt via Canva.com Spain has created a debt exchange hub. The idea is simple: it helps poor countries to stop sending money overseas and instead invest in their own country. If a country has millions of dollars owed to a lender it …

Elon Musk is a billionaire entrepreneur, CEO of Tesla, and SpaceX. He has launched the America Party, a political party that will represent the “80% of people in the middle”, as he describes it. The announcement was made on 5 July via his social media platform X. (formerly Twitter) and marks one of most important outsider entry into American politics. …

Nvidia achieved a historical point in its own history on Thursday, 3 July, by reaching a market valuation of $3.92 trillion, and becoming the most valued company in history. This surpasses Apple’s prior record of $3.915 billion set in 2024.  Wall Street is unrelentingly optimistic about artificial intelligence, which drove the share price of the chipmaker up by 2.4% to …

Lidl’s €19.99 alarm helps keep it that way. Credit: Pixelshot via Canva.com The doormat looks normal, but when you step on it, a loud alarm of 105 decibels will be emitted. This is loud enough to send burglars running and wake up the neighbors. Lidl’s latest low-cost gadget, the EasyMaxx pressure-sensitive alarm mat, is now available for just €19.99. The …

UK Bonds plunge fast On Tuesday, July 1, UK bonds and sterling fell dramatically amid concerns over the future of Finance Minister Rachel Reeves. The 10-year gilt yields experienced their largest surge since 2022 and sterling fell over 1%. After Reeves appeared emotionally charged during a major fiscal reform in Parliament, market uncertainty followed. EU merge clash escalates  EU countries …

Santander has announced it will buy British bank TSB for £2.65 billion, raising fresh concerns about job losses and branch closures across the UK. Santander is expected to close the deal in early 2026. TSB will be absorbed into Santander UK’s current operations and become the third largest provider in the UK of personal accounts. TSB employs around 5,000 people …

To stay competitive, small businesses and independent contractors need the best tools. For this reason, the Spanish Government has created the Kit Digital programme. This initiative offers financial support to small companies and autónomos (self-employed workers) so they can invest in digital tools and equipment that improve their business operations. Kit Digital – What is it and who can apply …

It has been nicknamed Mordor’s Land. Less romantically, aficionados of the Camí de Cavalls, the coastal footpath that encircles the island of Menorca, know this northern section of the route as “the hard walk”. While the steep gullies, jagged rock, and slippery shingle make the terrain difficult for those with weak knees, it does not take away from the natural …

Spain’s Prime Minister Pedro Sánchez left this week’s Nato summit with a smaller defence bill than the alliance’s other members, but Donald Trump warned the EU’s top leftwing leader that he would be made to pay in other ways. After Sánchez’s resistance to a new spending target riled many European colleagues, the US president accused Spain of seeking a “free …

Elon Musk is still facing backlash in Europe as his sales are on a downward trend for the past five months. This was reported by several media outlets on Thursday. Tesla sales dropped 28 percent in 30 European countries last month while overall EVs sales grew dramatically, according to AP. “The poor showing comes after Tesla’s billionaire CEO had promised …