NewsBite

Spain

February

IFM Investors has pursued a bigger stake in Naturgy, the Spanish utilities giant, with limited success.

IFM faces barrage of bad press as it moves on Spanish energy utility

The asset manager backed by Australia’s biggest superannuation funds wants more of a say on Naturgy’s board, upsetting some of the company’s other investors.

January

European airlines have complained that Chinese carriers have an unfair advantage and are establishing a stranglehold on routes between the two regions.

Chinese airlines rush into Europe as Western carriers retreat

Scandinavian Airlines, Lufthansa, British Airways and Virgin Atlantic have all suspended some routes to the mainland in 2024, citing cost pressures from avoiding Russia.

The late Jimmy Carter was something of a deregulator and fresh thinker in office. But the electorate wasn’t fed up enough at that stage to entertain a total rupture with the postwar Keynesian consensus.

Rich democracies need an acute crisis to trigger real change

It is almost impossible to sell voters on drastic reforms until their nation is in acute trouble. The chronic kind isn’t enough.

December 2024

Israeli soldiers cross the security fence moving towards the so-called Alpha Line that separates the Israeli-annexed Golan Heights from Syria, in the town of Majdal Shams.

Israel to close Ireland embassy over Gaza tensions

The decision to close the embassy came in response to what Israel’s foreign minister has described as Ireland’s ‘extreme anti-Israel policies’.

Mango’s billionaire founder has died in an accident in the mountains.

Billionaire Mango founder falls to death on hiking trip

The fashion retailer started his business by selling clothes from the back of his car. He built a global empire with annual sales of €3 billion (5 billion).

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ANZ chairman Paul O’Sullivan with incoming CEO Nuno Matos.

‘Like a star football player’: meet ANZ’s next CEO

Born in Portugal with a globetrotting career spanning Peru, Brazil, Mexico and Hong Kong, Nuno Matos’ route to Australia has been an unlikely one.

November 2024

Tens of thousands of Spaniards protest housing crunch and high rents

The lack of affordable housing has become an urgent concern in Spain, mirroring the housing crunch across many parts of the world.

About 94 per cent of businesses continue to accept cash in Australia.

Cash to stay king for essential products

The federal government will also call time on the use of cheques in the Australian economy, limiting their use from 2028.

Protesters march in Valencia against the authorities’ perceived slow response to the deadly floods.

Thousands of Spaniards protest bungling of flood response

Huge numbers of angry flood survivors marched in the streets and clashed with riot police to demand the resignation of Valencia’s regional political leader.

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MinRes boss to leave; AFP search PwC’s HQ; Westpac’s CEO in $7b exit

Read everything that’s happened in the news so far today.

Police had to step in to keep the crowd back as locals in Paiporta, on the outskirts of Valencia, shouted abuse at the monarch.

‘Murderers’: Spain’s furious flood survivors hurl mud at king

Locals threw mud at political leaders and the Spanish king over a string of failures that left them helplessly exposed to a deadly deluge.

People clear mud from the streets in Paiporta municipality, in Valencia, Spain.

Thousands of volunteers aid Spain flood recovery

Spanish citizens flocked to Valencia to ease the devastation as the floods became a political flashpoint.

A family walks through muddy waters in a street after the recent flash flooding in the Alfafar municipality of Valencia, Spain.

Spain flood death toll surpasses 200, rescuers struggle to reach some parts

Rescuers have opened a temporary morgue and battled to reach areas still cut off in Europe’s worst weather disaster in five decades.

Flooded cars piled up are pictured in Valenci.

Spain flooding death toll rises to at least 158 lives

More horrors emerged from the debris and mud left by the walls of water behind the nation’s most deadly natural disaster in living memory.

October 2024

Karen Cariss will step down from the PageUp  board after selling her remaining stake in the company she founded in 1997.

Tech founder cashes out with more than $100m after 27-year run

Private equity giant EQT has acquired HR software business PageUp, buying out the founders.

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Spanish floods kill 95 as extreme weather keeps coming

Highway pile-ups and submerged farmland caused chaos in Valencia as a storm – mostly likely caused by climate change – dumped a year’s worth of rain in eight hours.

September 2024

Venezuelan opposition presidential candidate Edmundo Gonzalez

Venezuela opposition candidate flees to Spain

Edmundo Gonzalez, 75, who ran against President Nicolás Maduro in July, left after seeking refuge in the Spanish embassy in Caracas several days ago.

August 2024

Happy holidays for some. Garachico town of Tenerife.

The Canary Islands are revolting against British tourists

Permanent residents are dependent on an industry overwhelming their towns and destroying the environment.

July 2024

Carlos Alcaraz smiles after receiving his trophy from the Princess of Wales.

Alcaraz destroys Djokovic’s dream in Wimbledon final

Carlos Alcaraz has cancelled Novak Djokovic’s goal of a record-breaking 25th grand slam tennis triumph, outclassing the seven-time champion to defend his crown.

Spain’s Mikel Oyarzabal, right, celebrates with Nico Williams and Lamine Yamal, left, after scoring his side’s second goal during the final match between Spain and England at the Euro 2024 soccer tournament .

Spain beat England for record fourth European title

Mikel Oyarzabal’s 87th-minute goal clinched a 2-1 victory over England, whose painful decades-long wait for a major trophy goes on.

Original URL: https://www.afr.com/topic/spain-fdn