Finance

Credit: Peter Milto/Shutterstock| Credit: Peter Milto/Shutterstock Ken Burrows is an experienced mortgage broker in the United States. Now he is backing a bold real estate venture named KinLux.  The plan? Snap up distressed commercial properties—think rundown hotels, motels, or other forgotten gems—and turn them into vibrant, high-occupancy group rental spots for vacationers. Burrows’ plan benefits both the housing market and the …

By: Olivier Acuña Barba • Published: 11 Jul 2025 • 23:09 • 5 minutes read Credit: Shutterstock| Credit: Shutterstock Eric Stearns, who entered the life insurance industry over thirty years earlier, probably did not imagine that technology would transform his world. Stearns Financial Group and Infineo, an innovative digital platform designed to “tokenise life insurance”, teamed up in order to achieve this.  …

Bitcoin. Credit: Pexels & WorldSpectrum Bitcoin’s bull-run continued on July 11, breaking through new highs, and igniting debate in financial markets. The world’s largest cryptocurrency soared to $118,239 (€108,778), driven by institutional demand and pro-crypto signals from Donald Trump’s administration. In the early hours of Friday morning, Bitcoin rallied past several key thresholds – $113,000 (€96,713), then $115,000 (€98,394), and …

Get the Editor’s Digest free This weekly newsletter features the favourite stories of Roula Khalaf Editor at The Financial Times. A 20-second clip of a player in flamenco, shirtless, was the beginning. The clip went viral, capturing the heart of a nation and catapulting Manu Moreno, 26 – the personification of Spanish rugby’s new wave – to fame. He has …

WOOHOO, Dubai. Credit: Instagram @woohoo.dubai Reif Othman, a chef and AI named Aiman has teamed up to redefine the dining experience. Dubai is taking futuristic fine dining to the next level this September 2025, with the launch of WOOHOO – an Asian-inspired restaurant led by an artificial intelligence chef named AimanThe Kempinski Boulevard Hotel is near the Burj Khalifa. According …

Being ‘cultural’ in Europe. Credit: Rokas Tenys, Shutterstock In recent times, being ‘cultural’ in Europe might have meant visiting a museum – but chances are, during 2024, it was streamed, scrolled, or downloaded instead. According to new Eurostat Report published on July 10, 2025Last year, the majority in Europe turned to the Internet for cultural purposes, raising questions about the …

It can be difficult to sell a property in Spain’s Costa del Sol. You will have to navigate a competitive Spanish market, and meet complex legal requirements. A trusted expert with deep market knowledge is vital for owners who want a smooth, stress-free transaction. John Blanca Iborra, of Spanish Property Choice is that expert. His local knowledge, commitment to his …

Monzo banking. Credit: Ink Drop, Shutterstock Britain’s digital bank Monzo has been fined £21 million (€25 million) for failing to prevent financial crime, after it allowed thousands of accounts to be opened using clearly fake or implausible addresses, including Buckingham Palace and 10 Downing Street. The Financial Conduct Authority announced the fine Tuesday, July 8 citing “completely insufficient” anti-financial crimes …

PROPERTY purchase deals in Spain by foreigners flattened out last year to €11.7 billion of sales- up by just 0.4% in value compared to 2023. That compares to over €14.5 million in sales recorded in 2018. The Ministry of Housing compiled figures that showed the majority of non-Spanish buyers were buying second hand housing. READ MORE The number of foreign …

BBVA LAUNCHES BITCOIN TRADER. Credit: Pixabay, Pexels Retail customers in Spain can now buy and sell Bitcoin and Ether using the BBVA app. The service will be fully implemented on July 4, 2025. After receiving clearance by Spain’s National Securities Market Commission CNMV, BBVA confirmed this service is now available for all retail clients who are of legal age directly …