Finance

Co-op, London. Credit: WD Stock Photos, Shutterstock Shirine Khoury-Haq confirmed to the CEO of Co-op that 6.5 million mutual members had their data stolen by a cyberattack in April 2025. “It hurt my members… and that I do take personally,” Khoury-Haq told the BBC, The woman added, “I am incredibly sorry for this breach.” Information stolen included names, addresses and …

Indra Group. Credit: Joana Stock, Shutterstock Spain’s Indra Group has signed a €385 million loan agreement with the European Investment Bank (EIB) to boost its investments in space and defence technologies, marking the largest EIB defence-related financing deal in Spain to date. The agreement announced on July 15 will fund projects related to radar, electronic war, electro-optics and command and …

FC Atletico Madrid pitch. Credit: Yuri Turkov, Shutterstock American private equity firm Apollo Global Management is reportedly negotiating a multi-billion-euro investment in Atlético de Madrid, marking its most aggressive push yet into Spanish sport. According to Expansión, Apollo is in talks to acquire a majority stake in Atlético Holdco – the company controlling 70.35 per cent of the club’s shares …

Puerto Banús, where luxury and eccentricity are everyday sights, had something remarkable leave bystanders gawping on Wednesday: the Yangwang U8, a massive plug-in hybrid 4×4 which floats from Chinese automaker BYD’s luxury division, executed a stunning 360-degree spin on its own axis almost as if it were performing a Michael Jackson moonwalk. In a city where luxury is the norm, …

According to a report by Sociedad de Tscion, the prices of new homes will continue to rise in Spain in the second half 2025. Their report published on Wednesday showed that average new home prices reached €3,151 per m2 in June- a yearly rise of 7.5%- to make house prices the highest since their surveys started. They predict that by …

Social media sharing can expose more people to your private life than you realize. Credit : Shutterstock, JOURNEYSTUDIO7 We all love a bit of social media – sharing that holiday snap, a check-in at your favourite pub, or posting the big news when you move house. But here’s a question: have you ever thought about just how much you’re telling …

Palma de Mallorca Cathedral. Photo credit Reinhard_S via Pixabay Mallorca is usually associated with relaxation, vacations, and tourism. This paradise offers as many opportunities for business as there are fish in the sea. This island, with its high number of international tourists, growing interest in sustainable development, and diverse economy, is a fertile ground for those who have a global …

Editor’s Digest: Unlock it for Free In this weekly newsletter, Roula Khalaf, Editor of FT, chooses her favorite stories. Brussels is to unveil a new way to allocate more than €750bn of EU farming and development funds, shifting the common budget to favour newer member states and those bordering Russia, according to a leaked proposal. The European Commission on Wednesday …

Huawei devices. Credit: Andrey Matveev, Pexels Spain faces increasing scrutiny for what many call a contradiction in strategy: despite being blocked from participating on the 5G infrastructure of the country, Huawei is still trusted to store sensitive wiretaps and spy recordings. Huawei wins €12.3m contract to store Spanish wiretaps The Ministry of the Interior has awarded Huawei €12.3 million to …

By: Olivier Acuña Barba • Published: 12 Jul 2025 • 23:44 • 5 minutes read Credit: Electroneum| Credit: Electroneum In his early teens he didn’t know what he wanted to do when he grew up. He had no idea that one day he’d be the CEO and Founder of Electroneum. This cryptocurrency project was launched to give people in developing nations a …