Business

Goldman Sachs Spain and Portugal co-head Alvaro del Castaño retires after 30 years

Goldman Sachs Spain and Portugal co-head Alvaro del Castaño retires after 30 years

Alvaro del Castaño. Credit: Linkedin Goldman Sachs Group Inc. announced that Alvaro del Castaño, its co-head for Spain and Portugal and head of private wealth management, will retire after more than three decades at the bank. According to Reuters, del Castaño’s departure follows reports that he had authored political opinion pieces criticising both Donald Trump and Pedro Sánchez. The articles …

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Why Alicante leads the charge with solar panels for southern Spain

Why Alicante is leading the way with solar panels in southern Spain

The newcomers have brought a fresh perspective to communities already shaped and influenced by tourism. The climate, slower pace of living, and affordable property in comparison to their home country attracted them. This migration has had a clear impact on the demand for solar panels. Solar panels are a popular choice for people who want to take advantage of the …

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The Government has proposed a higher wage amid tax controversy

Government proposes higher wage amid tax debate

Since 2018, Spain’s minimum wage has increased by 61%, rising from €736 to €1,184 per month in 14 payments. Photo credit: Andrey_Popov/Shutterstock The Spanish Minister of Labour, Yolanda Díaz, has proposed a potential increase to the Salario Mínimo Interprofesional (SMI) that would vary depending on whether it becomes subject to income tax. Díaz has stated that if the Ministry of …

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YouTube pays $24,5m to settle Trump lawsuit regarding account suspension

YouTube pays $24.5m to settle Trump lawsuit over account suspension

Trump. Credit: Brian Jason, Shutterstock. YouTube has settled a lawsuit by U.S. Donald Trump for $24.5 million over the suspension his account due to the Capitol Riots of January 6, according to court documents filed on Monday September 29. The deal makes YouTube the last of the three major tech companies – alongside Meta and X – to resolve lawsuits …

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Sigma Central talks about the global gambling boom

Sigma Central speaks to the global gambling boom

The gambling industry is booming at an unprecedented rate. Credit: Sigma Group Photo| Credit: Sigma Group Photo Global gambling is a giant in the entertainment industry, combining thrills, technology and commerce at an unprecedented scale. The overall market revenue, which includes online platforms, casinos, lotteries, and sports betting, is expected to reach $700 billion by 2025. While “market cap” isn’t …

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Spain to enforce VeriFactu invoicing for autónomos in 2026

Spain to enforce VeriFactu invoicing for autónomos in 2026

The goal is to eliminate tax fraud, and transfer all bookkeeping onto a digital system that can be traced. VeriFactu – What it is VeriFactu, despite the confusion that often occurs, is a technical standard and not a government portal. Invoicing software that is approved must produce invoices that comply with strict criteria. Each invoice has a unique code and …

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Mercadona expands in Portugal with new jobs paying almost €4,900

Mercadona expands in Portugal with new jobs paying almost €4,900

Mercadona trolleys. Credit: Rafa Jodar, Shutterstock Mercadona is pressing ahead with its expansion in Portugal, offering hundreds of new jobs with some salaries reaching nearly €4,900 gross per month. The Spanish supermarket giant has also unveiled a €290 million logistics hub and continues to open new stores across the country. Mercadona offers legal jobs with high salaries NIT states that …

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The Spanish economy beyond tourism

The Spanish Economy beyond Tourism

Diversification is being driven by EU funding and tax incentives. Climate change and rural depopulation are still major challenges. Understanding Spain’s GDP Spain’s GDP will grow 3.2% by 2024. This is higher than the previous projections, and it will lead all of Europe in terms of growth.[1]. The real GDP growth rate is projected to be around 2.6% in 2025, …

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Open Horizons, a project of the EU, attracts 256 female-led startups

EU’s Open Horizons project attracts 256 women-led startups

Open Horizons project. Credit: Instagram @openhorizonsprojecteu According to the EU-funded Open Horizons Project, which aims to boost women-led deep tech and digital startups, its first call for applications received 256 submissions from 32 different countries. European Commission. The applications covered fields like AI, green technology, IoT and agritech, energy, sustainability, blockchain, cyber security, textiles and next-generation Internet. The ten countries …

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Nokwesi is the soul and heart of Qolweni

Nokwesi, the heart and soul of Qolweni

Nokwesi holds a child who attends her pre-school. Photo credits: Alexander Sánchez Siyakhula Preschool, located in Plettenberg bay, South Africa in the township Qolweni has been a source of hope and opportunity for children in this area since 1997. Nokwesi founded the preschool, which she also heads, with a simple, but powerful, mission: to make sure that children from the …

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