https://www.theolivepress.es/spain-news/category/other-news/business-finance/ Best Expat Newspaper in Spain Fri, 15 Aug 2025 17:51:05 +0000 en-GB hourly 1 https://www.theolivepress.es/wp-content/uploads/2023/07/oplogo-favicon-150x150.png https://www.theolivepress.es/spain-news/category/other-news/business-finance/ 32 32 https://www.theolivepress.es/spain-news/2025/08/15/were-all-poorer-food-prices-in-spain-shoot-up-38-while-wages-have-risen-by-barely-a-third-of-that/ https://www.theolivepress.es/spain-news/2025/08/15/were-all-poorer-food-prices-in-spain-shoot-up-38-while-wages-have-risen-by-barely-a-third-of-that/#respond Fri, 15 Aug 2025 15:00:00 +0000 https://www.theolivepress.es/?p=429789 THE price rises of food in Spain has far outstripped the boost in wages over the last six years, leaving everyone poorer. Filling a shopping basket has become 38.5% more]]> https://www.theolivepress.es/spain-news/2025/08/15/were-all-poorer-food-prices-in-spain-shoot-up-38-while-wages-have-risen-by-barely-a-third-of-that/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/14/how-to-teach-kids-money-management-top-financial-lessons-for-parents-in-the-uk-us-and-spain/ https://www.theolivepress.es/spain-news/2025/08/14/how-to-teach-kids-money-management-top-financial-lessons-for-parents-in-the-uk-us-and-spain/#respond Thu, 14 Aug 2025 13:01:46 +0000 https://www.theolivepress.es/?p=429404 By Peter Dougherty WHAT large financial risks do you currently face? That your investment portfolio might suffer losses if there’s a sudden stock market downturn? Maybe, but oftentimes your biggest]]> https://www.theolivepress.es/spain-news/2025/08/14/how-to-teach-kids-money-management-top-financial-lessons-for-parents-in-the-uk-us-and-spain/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/14/dexter-shines-at-sanlucar-races-in-spains-andalucia-drawing-over-300-business-leaders/ https://www.theolivepress.es/spain-news/2025/08/14/dexter-shines-at-sanlucar-races-in-spains-andalucia-drawing-over-300-business-leaders/#respond Thu, 14 Aug 2025 12:45:40 +0000 https://www.theolivepress.es/?p=429395 THOUSANDS of people flocked last Tuesday to the sands, grandstands, and VIP boxes of Sanlúcar de Barrameda for the kickoff of the famed Sanlúcar Horse Races, with DEXTER taking centre]]> https://www.theolivepress.es/spain-news/2025/08/14/dexter-shines-at-sanlucar-races-in-spains-andalucia-drawing-over-300-business-leaders/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/14/e300000-raised-to-fight-aging-radical-life-extension-group-in-spain-receives-funding-for-breakthrough-longevity-research/ https://www.theolivepress.es/spain-news/2025/08/14/e300000-raised-to-fight-aging-radical-life-extension-group-in-spain-receives-funding-for-breakthrough-longevity-research/#respond Thu, 14 Aug 2025 11:16:20 +0000 https://www.theolivepress.es/?p=429370 Radical Life Extension Group (RLE), a nonprofit longevity research organisation based in Alfaz del Pi, Alicante, has secured €300,000 in funding to support its scientific development efforts through 2025–2026. The]]> https://www.theolivepress.es/spain-news/2025/08/14/e300000-raised-to-fight-aging-radical-life-extension-group-in-spain-receives-funding-for-breakthrough-longevity-research/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/13/collapse-in-european-sales-of-tesla-cars-spells-bad-news-for-spains-valencia/ https://www.theolivepress.es/spain-news/2025/08/13/collapse-in-european-sales-of-tesla-cars-spells-bad-news-for-spains-valencia/#respond Wed, 13 Aug 2025 09:21:20 +0000 https://www.theolivepress.es/?p=429091 Tesla has put a halt to expansion plans in Valencia after a drop in two-thirds of its European sales. This comes after a promising deal had been signed with the]]> https://www.theolivepress.es/spain-news/2025/08/13/collapse-in-european-sales-of-tesla-cars-spells-bad-news-for-spains-valencia/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/11/spanish-council-hires-private-detectives-to-crack-down-on-sick-leave-abuse/ https://www.theolivepress.es/spain-news/2025/08/11/spanish-council-hires-private-detectives-to-crack-down-on-sick-leave-abuse/#respond Mon, 11 Aug 2025 14:12:28 +0000 https://www.theolivepress.es/?p=428747 FUENGIROLA Town Hall is hiring private detectives to spy on council workers off sick –  in a bid to tackle what it calls ‘sky-high’ absenteeism. The council wants contract proposals]]> https://www.theolivepress.es/spain-news/2025/08/11/spanish-council-hires-private-detectives-to-crack-down-on-sick-leave-abuse/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/08/spain-to-receive-e23-billion-in-fifth-round-of-eu-funds/ https://www.theolivepress.es/spain-news/2025/08/08/spain-to-receive-e23-billion-in-fifth-round-of-eu-funds/#respond Fri, 08 Aug 2025 14:31:31 +0000 https://www.theolivepress.es/?p=428432 THE European Commission has approved a new payment of €23.1 billion to Spain as part of the EU recovery plan. The money comes from the fifth round of funding and]]> https://www.theolivepress.es/spain-news/2025/08/08/spain-to-receive-e23-billion-in-fifth-round-of-eu-funds/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/07/global-investment-diversification-matters-more-than-ever-2/ https://www.theolivepress.es/spain-news/2025/08/07/global-investment-diversification-matters-more-than-ever-2/#comments Thu, 07 Aug 2025 14:03:03 +0000 https://www.theolivepress.es/?p=428187 MANY expats in Spain rely on investment portfolios, pensions, and savings plans that are still heavily exposed to markets thousands of miles away. Most of the time, that’s a strength.]]> https://www.theolivepress.es/spain-news/2025/08/07/global-investment-diversification-matters-more-than-ever-2/feed/ 1 https://www.theolivepress.es/spain-news/2025/08/06/sabadell-bank-shareholders-massively-back-tsb-sale-as-fight-against-bbva-takeover-continues-in-spain/ https://www.theolivepress.es/spain-news/2025/08/06/sabadell-bank-shareholders-massively-back-tsb-sale-as-fight-against-bbva-takeover-continues-in-spain/#respond Wed, 06 Aug 2025 11:00:00 +0000 https://www.theolivepress.es/?p=427940 AN EXTRAORDINARY meeting of Sabadell Bank shareholders on Wednesday has overwhelming approved the sale of their UK subsidiary, TSB, to Santander. 99.6% of votes cast were in favour of the]]> https://www.theolivepress.es/spain-news/2025/08/06/sabadell-bank-shareholders-massively-back-tsb-sale-as-fight-against-bbva-takeover-continues-in-spain/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/05/telefonica-to-phase-out-huawei-tech-in-spains-5g-network-amid-chinese-espionage-fears/ https://www.theolivepress.es/spain-news/2025/08/05/telefonica-to-phase-out-huawei-tech-in-spains-5g-network-amid-chinese-espionage-fears/#respond Tue, 05 Aug 2025 10:46:13 +0000 https://www.theolivepress.es/?p=427693 SPANISH telecom giant Telefonica is set to phase out equipment made by Chinese technology company Huawei from Spain’s 5G network. “In both Germany and Spain, we are reducing our exposure]]> https://www.theolivepress.es/spain-news/2025/08/05/telefonica-to-phase-out-huawei-tech-in-spains-5g-network-amid-chinese-espionage-fears/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/05/spanish-retail-giant-mango-targets-britains-gen-z-in-latest-market-push/ https://www.theolivepress.es/spain-news/2025/08/05/spanish-retail-giant-mango-targets-britains-gen-z-in-latest-market-push/#respond Tue, 05 Aug 2025 10:46:04 +0000 https://www.theolivepress.es/?p=427696 SPANISH clothing brand, Mango, is looking to the British teen market to propel international growth beyond Spain. Though the company is best known for its womenswear line, a rise in]]> https://www.theolivepress.es/spain-news/2025/08/05/spanish-retail-giant-mango-targets-britains-gen-z-in-latest-market-push/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/05/from-barcelona-to-seoul-wallapop-spains-favourite-secondhand-app-snapped-up-by-korean-tech-giant-naver/ https://www.theolivepress.es/spain-news/2025/08/05/from-barcelona-to-seoul-wallapop-spains-favourite-secondhand-app-snapped-up-by-korean-tech-giant-naver/#respond Tue, 05 Aug 2025 10:03:14 +0000 https://www.theolivepress.es/?p=427658 IF you’ve ever bought a secondhand bike in Barcelona, offloaded a blender in Bilbao, or picked up vintage Levi’s in Valencia – chances are you’ve used Wallapop, Spain’s online marketplace]]> https://www.theolivepress.es/spain-news/2025/08/05/from-barcelona-to-seoul-wallapop-spains-favourite-secondhand-app-snapped-up-by-korean-tech-giant-naver/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/04/stocks-bonds-and-your-mortgage-why-smart-expats-in-spain-need-a-tailored-investment-strategy/ https://www.theolivepress.es/spain-news/2025/08/04/stocks-bonds-and-your-mortgage-why-smart-expats-in-spain-need-a-tailored-investment-strategy/#respond Mon, 04 Aug 2025 13:37:13 +0000 https://www.theolivepress.es/?p=427493 By Peter Dougherty WE’VE all heard of stocks and bonds, and most of us have a basic understanding of what they are. Stocks represent ownership in a company, while bonds]]> https://www.theolivepress.es/spain-news/2025/08/04/stocks-bonds-and-your-mortgage-why-smart-expats-in-spain-need-a-tailored-investment-strategy/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/04/spains-unemployment-hits-18-year-low-but-job-growth-slows-in-july/ https://www.theolivepress.es/spain-news/2025/08/04/spains-unemployment-hits-18-year-low-but-job-growth-slows-in-july/#respond Mon, 04 Aug 2025 10:23:30 +0000 https://www.theolivepress.es/?p=427348 SPAIN’S unemployment fell slightly in July, with 1,357 fewer people out of work, bringing the total to 2.4 million – the lowest figure for this month since 2007.  It marks]]> https://www.theolivepress.es/spain-news/2025/08/04/spains-unemployment-hits-18-year-low-but-job-growth-slows-in-july/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/01/game-over-spains-multi-billion-euro-videogame-industry-is-in-crisis-amid-mass-layoffs-with-ai-taking-the-blame/ https://www.theolivepress.es/spain-news/2025/08/01/game-over-spains-multi-billion-euro-videogame-industry-is-in-crisis-amid-mass-layoffs-with-ai-taking-the-blame/#respond Fri, 01 Aug 2025 11:10:13 +0000 https://www.theolivepress.es/?p=427065 ACROSS the Spanish videogame industry, significant layoffs are taking place. This reflects a worldwide restructuring that many are attributing to the rise of Artificial Intelligence (AI). Madrid-based videogame studios, Secret]]> https://www.theolivepress.es/spain-news/2025/08/01/game-over-spains-multi-billion-euro-videogame-industry-is-in-crisis-amid-mass-layoffs-with-ai-taking-the-blame/feed/ 0 https://www.theolivepress.es/spain-news/2025/08/01/spains-banks-enjoy-nearly-12-rise-in-profits-during-first-six-months-of-2025/ https://www.theolivepress.es/spain-news/2025/08/01/spains-banks-enjoy-nearly-12-rise-in-profits-during-first-six-months-of-2025/#comments Fri, 01 Aug 2025 10:00:00 +0000 https://www.theolivepress.es/?p=426975 SPAIN’S biggest banks have seen profits soar by 11.8% in the first half of 2025, compared to the same period last year. The combined net profits of the six largest]]> https://www.theolivepress.es/spain-news/2025/08/01/spains-banks-enjoy-nearly-12-rise-in-profits-during-first-six-months-of-2025/feed/ 2 https://www.theolivepress.es/spain-news/2025/08/01/spain-criticised-for-failing-to-act-on-anti-corruption-reforms-says-european-watchdog/ https://www.theolivepress.es/spain-news/2025/08/01/spain-criticised-for-failing-to-act-on-anti-corruption-reforms-says-european-watchdog/#comments Fri, 01 Aug 2025 09:45:32 +0000 https://www.theolivepress.es/?p=426980 Spain has failed to fully implement a single one of the 19 anti-corruption reforms recommended by the Council of Europe’s anti-corruption body in 2019, a new report has found. According]]> https://www.theolivepress.es/spain-news/2025/08/01/spain-criticised-for-failing-to-act-on-anti-corruption-reforms-says-european-watchdog/feed/ 1 https://www.theolivepress.es/spain-news/2025/07/30/airbnb-begins-removing-holiday-rentals-in-spain-without-a-rental-registration-number/ https://www.theolivepress.es/spain-news/2025/07/30/airbnb-begins-removing-holiday-rentals-in-spain-without-a-rental-registration-number/#respond Wed, 30 Jul 2025 08:32:16 +0000 https://www.theolivepress.es/?p=426444 SPAIN’S Airbnb crackdown has officially begun, with a July directive from government officials ordering the removal of all unregistered holiday rentals. The American rental giant will begin identifying “irregular” listings]]> https://www.theolivepress.es/spain-news/2025/07/30/airbnb-begins-removing-holiday-rentals-in-spain-without-a-rental-registration-number/feed/ 0 https://www.theolivepress.es/spain-news/2025/07/29/politicians-in-spains-barcelona-vote-to-double-tourist-tax-by-2029/ https://www.theolivepress.es/spain-news/2025/07/29/politicians-in-spains-barcelona-vote-to-double-tourist-tax-by-2029/#comments Tue, 29 Jul 2025 19:25:29 +0000 https://www.theolivepress.es/?p=426418 BARCELONA’S crusade against tourists shows no signs of slowing down after the city council agreed to hike visitor levies over the next four years. The incremental rises of €1 per]]> https://www.theolivepress.es/spain-news/2025/07/29/politicians-in-spains-barcelona-vote-to-double-tourist-tax-by-2029/feed/ 1 https://www.theolivepress.es/spain-news/2025/07/29/explainer-how-will-trumps-controversial-new-eu-trade-deal-impact-spains-economy/ https://www.theolivepress.es/spain-news/2025/07/29/explainer-how-will-trumps-controversial-new-eu-trade-deal-impact-spains-economy/#comments Tue, 29 Jul 2025 13:15:42 +0000 https://www.theolivepress.es/?p=426332 FOUR months since President Trump unleashed a tariff blitz that sent shockwaves through the global economy and upended decades of trade diplomacy, the US and EU have finally put pen-to-paper]]> https://www.theolivepress.es/spain-news/2025/07/29/explainer-how-will-trumps-controversial-new-eu-trade-deal-impact-spains-economy/feed/ 1