Business - Page 6
602 newsMadrid Allocates €1 Million to Support Businesses Hit by Wildfires
Madrid’s regional government launches €1 million in aid for small businesses and self-employed workers who lost IT equipment in recent wildfires. Grants of up to €5,000 per business will help restore operations.
Josep Cusí, Close Confidant of Juan Carlos I, Dies at 92 in Barcelona
Josep Cusí, a trusted friend and business partner of Juan Carlos I, has died in Barcelona at 92. His low-profile role in royal circles and sporting achievements marked decades of Spanish history.
Mercedes-Benz Unveils Bold Redesign for Iconic Clase C
Mercedes-Benz has revealed a major update for its best-selling Clase C, introducing a striking new design, advanced digital features, and a plug-in hybrid option with up to 395 HP and 100 km electric range. Orders have opened in Germany.
Marta Ortega Shares the Lesson from Amancio Ortega That Guides Inditex
Marta Ortega, chair of Inditex since 2022, draws on her father Amancio Ortega’s advice to keep the company grounded and ambitious. Her approach blends humility, constant work, and readiness for change, as revealed in a recent interview and the 2025 annual report.
Shaquille O'Neal Buys Three Rolls-Royces After Dealer Doubts His Wealth
Shaquille O'Neal, known for his love of cars, once faced skepticism at a Rolls-Royce dealership due to his casual attire. The incident led him to buy three luxury vehicles on the spot, turning a moment of disrespect into a statement purchase.
Spain’s AI Gigafactory Faces Brussels Test Amid Ebro Valley Heat
Spain’s bid to host a major European AI gigafactory in Móra la Nova hinges on strict sustainability criteria and the ability to operate efficiently during the region’s extreme summer heat. The project’s environmental plan is under scrutiny as Brussels weighs proposals.
Chinese Battery Makers Tighten Grip on Global EV Market
Chinese manufacturers now supply over 70% of the world’s batteries for electric and plug-in hybrid vehicles. CATL and BYD lead the surge, reshaping the industry and challenging global competitors with rapid growth and expanding influence.
Porsche Unveils One-of-a-Kind 911 GT2 RS Inspired by the 935 Flachbau
Porsche has transformed a client's 911 GT2 RS into a singular road-legal masterpiece, reviving the iconic Flachbau silhouette of the 935. The project, led by Sonderwunsch and Manthey, blends historic design with cutting-edge engineering.
Drug Money Laundering Schemes Expand in Cádiz Nightlife Sector
Authorities in Cádiz have uncovered complex money laundering networks tied to drug trafficking. Local nightlife businesses, frontmen, and crypto assets are at the center of ongoing investigations. The crackdown exposes new tactics used by criminal groups.
Morocco’s King Owns the World’s Only Two Laraki Sahara Hypercars
King Mohamed VI of Morocco is the sole owner of both Laraki Sahara hypercars, each boasting 1,550 horsepower and a Corvette-derived V8. Designed and built in Morocco, these unique vehicles highlight the country’s emerging automotive ambitions.
Porsche Breaks from Volkswagen, Joins XPeng in Emissions Pact
Porsche has left the Volkswagen Group to form a new emissions alliance with China's XPeng. The move aims to help both brands meet strict EU regulations and avoid hefty fines, signaling a shift in Europe's automotive strategy.
Ferrari CZ26: The One-Off Supercar Built for a Single Client
Ferrari has unveiled the CZ26, a one-of-a-kind supercar crafted for a private American collector. Developed by Ferrari Design Studio, this model pushes the boundaries of personalization and performance, blending futuristic design with hybrid power.
Kia EV3 Surges Ahead as Spain’s Top-Selling Electric SUV
The Kia EV3 has quickly become the brand’s most popular electric model in Spain, combining impressive range, innovative features like bidirectional charging, and a ChatGPT-powered AI assistant. Its success highlights a shift in the Spanish EV market.
Trackhouse Posts MotoGP Rider Job on LinkedIn With Unusual Perks
Trackhouse MotoGP Team is searching for a new rider through LinkedIn, offering a factory Aprilia bike, full medical coverage, and even champagne on Sundays. The requirements are as unconventional as the offer itself.
Why Inline-Six Engines Are Overtaking V8s in Heavy-Duty Work
Inline-six engines have quietly become the backbone of heavy trucks and machinery, outlasting the once-dominant V8s. Former Caterpillar engineer Jim Coles explains the mechanical reasons behind this shift and what it means for reliability and performance.
Catalan Statutory Council Approves Chamber Law and 'Silver Seats'
Catalonia’s Consell de Garanties Estatutàries has endorsed the new chamber law. The decision confirms the legality of reserved seats for major financial contributors. The move faced criticism from Comuns and CUP over business influence.
SAIC Motor’s Electric Car Plant in Galicia Sparks Security Debate
SAIC Motor plans to build its first European electric vehicle plant in Galicia, near critical military sites. The project promises jobs and investment, but its proximity to defense infrastructure has triggered concerns in Spain.
US Startup Unveils Electric Trailer That Turns Diesel Trucks Hybrid
A San Francisco-based company has developed an electric trailer that transforms existing diesel trucks into hybrids without modifying the engine. The system slashes fuel costs and emissions, offering a practical path for fleets to modernize.
US Bans New Chinese-Made Robot Vacuums Over Security Fears
The US has blocked approval of new robot vacuum models made outside the country, citing cybersecurity and supply chain risks. Existing devices remain legal, but future imports face strict new rules. Major brands like Roborock, Dreame, and Xiaomi are affected.
Changan Deepal S07 2026 Ups the Game With Major Battery and Power Upgrades
Changan’s Deepal S07 2026 arrives with a new, faster-charging battery, a more powerful and efficient motor, and a refined interior. The update aims to challenge established European electric SUVs with improved range and technology.
Porsche Confirms Electric 718 Boxster and Cayman Will Go Ahead
Porsche has officially committed to launching electric versions of the 718 Boxster and Cayman, ending speculation about their future. The company also hints at possible synergies with Audi and confirms that combustion engines will remain for top models.
Chinese Car Brands Surge but Global Sales Crown Remains Elusive
Chinese automakers like BYD and Geely are rapidly gaining ground, setting new sales records and reshaping the European market. Yet, official data shows they still lag behind established global leaders in total vehicle sales.
La Casa de las Carcasas Drives Growth With More Than Just Phone Cases
La Casa de las Carcasas has built a €300 million business by turning simple phone case purchases into multi-product sales. Its strategy relies on cross-selling accessories and a fast-growing network of over 1,100 stores across 13 countries.
SANY Unveils Autonomous Electric Mining Truck With 90-Ton Capacity
SANY has launched the SKT145Ei, a fully electric mining truck designed for autonomous operation in open-pit mines. With no cab or driver, it can haul up to 90 tons and is equipped with a powerful 801 kWh battery. The vehicle is already working as part of an automated fleet.
China’s SuperPanther eTopas Truck Rolls Off Austrian Assembly Line
SuperPanther’s eTopas 600, a Chinese-designed electric truck, is now assembled in Austria by Steyr Automotive. The launch marks a turning point for European logistics, with the first units delivered to major clients across five countries.
Six Months of Training for 10,000 Tortas: Inside Inés Rosales’ Demanding Craft
At Inés Rosales, each worker spends half a year learning to shape 10,000 olive oil tortas daily. The process demands rare manual skill, constant visual checks, and a tradition that technology cannot replace. Only a fraction of candidates succeed.
Burj Al Babas: 587 Unfinished Castles and a $67 Million Fraud Trial
Hundreds of castle-like villas in Turkey’s Burj Al Babas remain abandoned after a failed luxury project. Authorities accuse 13 people of defrauding Gulf investors out of $67 million. The site stands as a symbol of broken promises and ongoing legal battles.
Audi Confirms New Q8 Generation After Months of Uncertainty
Audi has officially announced that the Q8 will continue with a new generation, ending speculation about its future. The decision comes as the brand shifts focus to electrification and updates its SUV lineup.
How María Turned Giant Sandwiches Into a Local Sensation in Zamora
Every week, María Luisa Díaz Gallego prepares 240 half-meter bocadillos at Bar La Revuelta in Zamora, drawing crowds with generous portions, simple fillings, and prices starting at 7 euros. Her approach blends experience, teamwork, and a focus on customer connection.
Spanish Law Grants Six Paid Weekly Hours for Job Hunting After Objective Dismissal
Employees in Spain who receive an objective dismissal notice are entitled to six paid hours per week to look for a new job during the 15-day notice period. This right, protected by law, ensures workers can attend interviews and manage their transition without losing income.
Volvo Prepares EX50: A Larger, More Affordable Electric SUV
Volvo is developing the EX50, a fully electric SUV designed to bridge the gap between the EX40 and EX60. Built on the SPA3 platform, it promises advanced technology, competitive pricing, and European production.
BMW Faces Backlash Over In-Car Spiderman Movie Ads
BMW has sparked controversy by displaying a Spiderman movie trailer on the infotainment screens of its latest cars. Many owners see this as an unwelcome intrusion of advertising into their vehicles, raising questions about the future of in-car marketing.
Desert Sand Transformed: DuneCrete Cuts Cement Use by Half
A Dubai-based company has developed DuneCrete, a new building material that uses desert sand once considered unsuitable for construction. The innovation promises up to 50% less cement and carbon, offering a sustainable alternative for architectural projects in harsh climates.
Publix Reports Drop in Comparable Sales as Food Prices Rise
Publix saw only slight sales growth in the second quarter, with comparable-store sales falling. Rising food prices and economic pressure are changing how customers shop. The company’s net earnings increased, but internal stock value dropped.
BYD Overtakes MG as Spain's Top-Selling Chinese Car Brand
BYD has surpassed MG in monthly sales, signaling a major shift among Chinese car brands in Spain. With just over 2,000 units separating them for the year, the race for the top spot is closer than ever.
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