Business - Page 8
604 news
First Ferrari Luce to Be Auctioned for Charity, Expected to Top €1 Million
Ferrari’s first all-electric car, the Luce, will be auctioned for charity at Monterey Car Week. With a unique design and historic status, the one-off model is expected to fetch well above its €600,000 retail price.
Debt Collection Firm Céltica and Employee Face Multiple Legal Complaints
Céltica de Cobros and its employee Alberto Pugilato are under scrutiny after a series of complaints for threats and violence against debtors. The company’s methods and staff backgrounds have sparked legal and political action in Castilla y León.
Mercedes-Maybach GLS Sets New Benchmark for Luxury SUVs
The Mercedes-Maybach GLS returns with a bold redesign, electrified V8 engine, and a suite of innovations aimed at redefining luxury travel. Orders open in China, with Europe and the US to follow in summer 2026.
Why Bugatti’s Top US Executive Drives an Audi, Not a Bugatti
Sascha Doering, Bugatti’s operations chief in America, chooses a luxury sedan for daily life instead of the brand’s iconic hypercars. His approach centers on personal connections with clients, not flashy displays.
Julio Martínez Points to Zapatero in Plus Ultra Bailout Testimony
Julio Martínez Martínez confirmed before the judge that José Luis Rodríguez Zapatero guided the process leading to Plus Ultra's €53 million bailout. The businessman stated he does not know which officials were contacted.
Workplace Absenteeism in Spain Hits Record 7.6% in 2025, Costing €59 Billion
Spain's absenteeism rate has reached a historic 7.6% in 2025, with economic losses totaling €59.1 billion. The postal sector is among the hardest hit, prompting new monitoring measures. Companies are intensifying controls to address unjustified absences.
De Beers Halts Major South African Diamond Mine Amid Industry Turmoil
De Beers will suspend diamond mining at Venetia in South Africa for two years, citing falling prices and the rapid rise of lab-grown stones. The move threatens thousands of jobs and signals deepening challenges for the global diamond industry.
Aena Auctions Off Abandoned Aircraft at Seville Airport for €10
Aena has launched a public auction for a light aircraft left abandoned at Seville Airport. The starting price is just €10. The move aims to free up space after failed attempts to contact the owner.
Zapatero Implicated in Plus Ultra Bailout by Key Associate
A written statement sent to the National Court reveals that José Luis Rodríguez Zapatero played a direct role in the Plus Ultra bailout. The document details a 1% commission agreement and outlines the ex-president’s influence in securing public funds.
Gadis Demands €1.2 Million From Unions Over June Strike Losses
Gadis is suing four unions and eight union leaders for €1.2 million, citing damages from a June strike in A Coruña. The move has sparked strong reactions from labor groups, who call the claim an attack on the right to strike.
Zapatero Accused of Directing Plus Ultra Bailout Strategy
Julio Martínez, under investigation in the Plus Ultra bailout case, alleges that José Luis Rodríguez Zapatero played a decisive role in securing public funds for the airline. The case highlights high-level involvement in pandemic-era financial aid.
Volkswagen Turns to Sheep to Maintain Massive Solar Park in Poland
Volkswagen has swapped lawnmowers for a flock of 100 sheep at its Września factory in Poland. The animals help manage vegetation beneath 31,000 solar panels, while scientists study the impact on biodiversity, soil, and animal welfare. The project aims to cut emissions and rethink land use at industrial sites.
Driving Schools in Crisis as DGT Delays Threaten Survival
Spain’s driving schools are facing a financial squeeze as exam backlogs at the DGT force students to pause lessons. Owners warn that fixed costs keep mounting, pushing many small businesses to the brink.
Omoda 9 and Jaecoo 7: Chinese Plug-In Hybrids Challenge Europe
Omoda and Jaecoo, two Chinese brands, have landed in Europe with plug-in hybrid SUVs packed with features and aggressive pricing. We compare the Omoda 9 and Jaecoo 7 to see if they can unsettle established European rivals.
Galician Marble Expert Warns of Looming Skills Crisis as Orders Surge
Juan José Martínez, a marble worker with 38 years of experience in Galicia, says orders for marble work remain strong, but the trade faces a critical shortage of young talent and formal training. Without new recruits, the sector risks losing decades of expertise.
Las Tartas de Julita Opens New Alicante Store With Free Slices and Live Baking
Las Tartas de Julita is opening a new 140-square-meter shop in Alicante’s Calle de las Setas, offering visitors a chance to watch cheesecakes being made live. The launch event features free slices, music, and special prices, marking a return to the brand’s roots.
Hundreds Left in Limbo After Sudden Closure of Lahsen Dental Clinics in Madrid
Patients who prepaid thousands for dental work at Lahsen Dental clinics in Madrid now face unfinished treatments and lost savings. With clinics closed and medical records inaccessible, both patients and staff are seeking legal recourse as police investigate possible criminal liability.
Congress Proposes New Funding Model to Upgrade NASA Facilities
A bipartisan bill in Congress could allow private companies to help fund NASA infrastructure, targeting urgent needs at Kennedy Space Center. The move aims to address capacity issues as launch rates rise.
Bobby Aitkenhead Unveils Long-Term Investment Plan for Real Zaragoza
A.GAIN's Bobby Aitkenhead has outlined a new direction for Real Zaragoza. The plan includes a €22 million capital increase and a shift in club leadership. Key changes aim to secure the club's future.
Twitch Streamers Face Scrutiny Over Alleged Viewbotting and Revenue Claims
Kick CEO Eddie Craven’s claims of viewbotting by StableRonaldo and Lacy have triggered a rare public disclosure of streamer revenues. The controversy highlights ongoing tensions over audience authenticity and platform policies.
Two Abandoned Historic Planes Up for Auction at Bilbao Airport
Bilbao Airport is auctioning off two long-abandoned light aircraft, both with decades of history and a starting bid of zero euros. The sale aims to free up space and could attract collectors, aviation enthusiasts, or businesses seeking a unique piece of aviation heritage.
How a Colombian Scientist Built Argentina’s Leading Gourmet Mushroom Business
Santiago Jaramillo Mejía arrived in Argentina for a university exchange and ended up founding Micelio Bio, a company that transforms agricultural waste into high-quality oyster mushrooms. Now producing a ton per month, he aims to expand across Latin America.
Rafael Nadal Expands Business Focus with New International Partnerships
Rafael Nadal is shifting his focus from tennis to business, driving the global expansion of Rafa Nadal Academy and the ZEL hotel chain. Strategic partnerships and family involvement are shaping his new legacy beyond sports.
From Migrant Child to Onion Pioneer: Javier Novoa’s 100-Hectare Success
Javier Novoa arrived in Argentina as a child with nothing but hope. Decades later, he leads a major onion operation, exporting to Brazil and embracing new technology. His journey reflects the determination and innovation driving the region’s agricultural growth.
At 81, Cristian Bianchi Still Transforms Cattle Farming Before Dawn
Cristian Bianchi, now 81, has spent nearly six decades as a veterinarian and 37 years guiding La Gofredina. His relentless drive and expertise in Braford genetics have set new standards for beef production on challenging land, inspiring a new generation of farmers.
Therapy and Inheritance Dispute Deepen Rift in Mango Founder’s Family
A family conflict between Mango founder Isak Andic and his son Jonathan escalated to psychiatric intervention. The dispute over inheritance and business succession now plays a role in a homicide investigation.
Europe’s Trailer Giants Unite Against New EU CO2 Rules
Thirty leading European trailer manufacturers have joined forces to challenge the EU’s latest CO2 emissions regulation. They warn that unrealistic targets could threaten jobs and the continent’s industrial base if not urgently revised.
How Vitalfit Turned a €250,000 Investment Into a Multi-Million Euro Gym Chain
Roberto González, founder of Vitalfit, has built a thriving gym business in Palma de Mallorca, with monthly revenues reaching €180,000 and annual turnover set to exceed €3 million. He explains the investment, strategy, and profitability that drive his success.
AI Skills Set to Define Graduate Job Prospects by 2030
ESSCA Business School’s director Jean Charroin believes students who master artificial intelligence will have a clear edge in the job market by 2030. The French institution is expanding in Málaga, aiming to attract 500 students annually and reshape business education for the digital era.
Athisa Medio Ambiente to Leave Badajoz Animal Shelter After Criticism
Athisa Medio Ambiente will stop managing Badajoz’s animal shelter in September. The company cites lack of resources and facility problems. Political and animal welfare groups demand urgent action from the city.
Xiaomi Unveils SkyNomad: A Bold Step Into Luxury Electric SUVs
Xiaomi has introduced SkyNomad, its new electric SUV line focused on adaptable, intelligent interiors and premium comfort. The brand shifts its strategy to target families and professionals seeking flexibility beyond performance.
At 20, He Built a Thriving Free-Range Egg Farm from Just 50 Hens
Javier José Vázquez Zayas started with 50 hens in a family shed. Less than a year later, his JN Farm in Corozal houses 1,400 free-range chickens and produces 1,200 eggs daily, focusing on animal welfare and quality over mass production.
Beatriz Padín Steps Down After Four Decades at Inditex
Beatriz Padín, a key figure at Inditex and Zara Mujer director for 25 years, is leaving the company. Her departure marks a major change in the leadership of one of Spain’s most influential fashion groups.
Aena to Auction Iconic Abandoned Boeing 747 at Valencia Airport
Aena has launched the process to auction the long-abandoned Boeing 747 at Valencia Airport, ending nearly two decades of uncertainty. The aircraft, once the centerpiece of Pronair's ambitious plans, has stood idle since 2008 and is now officially listed for public sale.
Vitoria Shop Owners Demand Clear Rules After Fines for Street Displays
Small businesses in Vitoria-Gasteiz are being fined for placing products and signs outside their shops, despite a city ordinance promised in 2021 that remains unapproved. Merchants and political groups are calling for clear, fair rules to avoid further penalties and uncertainty.
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