Business

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 …

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Offally good: La Tasquería, Madrid

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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Eroski just bet €100M on tech — here’s how they plan to take on Lidl.

Eroski just bet €100M on tech — here’s how they plan to take on Lidl.

Eroski’s €3M ‘Autostore’ uses robots like these to speed up logistics. Credit: vanitjan Eroski, on the other hand, is cutting costs to ensure its survival in 2025. The Basque retailer has committed to a substantial €100 million investment in digital tools, automation systems, and AI models, all aimed at streamlining their operations and challenging Lidl’s growing dominance. The investment includes …

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EU warns Spain against blocking BBVA-Sabadell deal

EU warns Spain against blocking BBVA-Sabadell deal

Get the Editor’s Digest free In this weekly newsletter, Roula Khalaf, Editor at the Financial Times, chooses her favorite stories. The European Commission is warning the Spanish government that it does not have the power to block BBVA’s €11bn hostile bid for rival lender Sabadell. The Spanish Government ordered Tuesday that the bid will be fully reviewed by the cabinet. …

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Elon Musk announced that X Money would be coming soon

Elon Musk announces X Money is coming soon

By: Olivier Acuña Barba • Published: 26 May 2025 • 22:53 • 2 minutes read Elon Musk is about to launch his payments on X. Credits: Shutterstock/Evolf| Credits: Evolf/Shutterstock Tesla CEO Elon Mots confirmed that the X platform will soon launch a beta version of a payment service.  Tesla Owners Silicon Valley: How to Respond account’s Musk said that X Money will …

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Spain uses threats to push EU Recognition of Minority Languages

Spain deploys threats to push EU recognition of minority languages

This article is a version on-site of our Europe Express email newsletter. Subscribers can sign up. here Subscribe to the FT newsletter and receive it every Saturday morning, as well as on weekdays. Subscribers can upgrade to premium here or view all FT newsletters Good morning. Donald Trump said that he would delay his threat to impose tariffs of 50% …

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Spain remains the sole major holdout of Nato’s 5% defence budget goal

Spain left as sole major holdout on Nato’s 5% defence spending goal

Unlock White House Watch for free What Trump’s second term will mean for Washington, the business world and the rest of the world Spain is the final major holdout of a Nato Plan to announce, early next month, that all alliance members will spend 5% on defence by the year 2032. The target set by US President Donald Trump. Madrid …

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Uganda export earnings increase, driven by coffee and gold

Uganda’s export earnings rise, driven by gold and coffee

Uganda discovered 31 millions tons of undiscovered gold by 2022 | Photo: Mehmet ali Poyraz/Shutterstock Uganda, a nation that announced two years ago its discovery of a 31-million-tonne ore gold worth $13 trillion saw its export earnings increase by 40% in March 2025. According to the Ministry of Finance, Planning and Economic Development, exports of gold, coffee, cacao beans, sugar, …

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Spanish grid operator blames big power plants for blackouts

Spanish grid operator faults big power plants in blackout blame game

Keep informed with our free updates Just sign up. EU Energy MyFT Digest – delivered straight to your mailbox The grid operator in Spain has accused large power plants for not performing their duties to help regulate the electricity system of the country just moments before the catastrophic blackout that swept the Iberian Peninsula last month. Beatriz Corredor, chair of …

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Spanish police kill a Ukrainian politician linked to Russia

Russian-linked Ukrainian politician shot dead in Spain

Editor’s Digest: Unlock it for Free This weekly newsletter features the favourite stories of Roula Khalaf Editor at The Financial Times. According to Spanish and Ukrainian officials, a former high-ranking Ukrainian political figure connected to the ousted pro Russian president of the country was shot dead outside a exclusive international school near Madrid on Wednesday. Spain’s interior ministry confirmed the …

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