News
Spain's Endesa steps up investment to improve power grids under three-year plan
2+ hour, 11+ min ago (490+ words) Endesa will invest "10.6B in 20262028, prioritizing power grids ("5.5B) and trimming renewables to ~"3B. The plan follows Iberia's 2025 blackout and sets 2028 EBITDA at "6.26.5B. (cincodias.elpais.com) MADRID, Feb 24 (Reuters) - Spanish utility Endesa will increase investments, chiefly in upgrading power networks, and boost shareholders…...
Airbus capable of developing a fighter alone, CEO says amid FCAS row
4+ day, 8+ hour ago (420+ words) Airbus says it could build a fighter on its own and backs a two'fighter option to break the FCAS deadlock. CEO Guillaume Faury notes other FCAS pillars are progressing despite the Airbus'Dassault dispute. By Tim Hepher and Gianluca Lo Nostro…...
Airlines Reject Aena's Proposed Fee Hike for Spanish Airports
6+ day, 1+ hour ago (319+ words) Aena proposes a 0.43 euro annual fee increase for airlines until 2031 to fund a 13 billion euro investment plan, affecting ticket prices and passenger traffic. MADRID, Feb 18 (Reuters) - Spanish airport operator Aena has proposed raising the passenger fees it charges airlines to…...
Spain's $8 Billion Financial Aid for Storm Recovery Efforts
6+ day, 21+ hour ago (310+ words) Spain approves $8 billion in aid for storm-affected regions, focusing on Extremadura and Andalusia. Over 12,400 people evacuated and 14,000 hectares of crops damaged. MADRID, Feb 17 (Reuters) - The Spanish government approved financial aid worth around 7 billion euros ($8 billion) on Tuesday for people affected…...
Spain Investigates Social Media for AI Child Abuse Material
1+ week, 2+ hour ago (175+ words) Spain is investigating X, Meta, and TikTok for AI-generated child abuse material. The probe, announced by Prime Minister Pedro Sanchez, highlights concerns over AI's role in harmful content. MADRID, Feb 17 (Reuters) - The Spanish government has ordered prosecutors to investigate social…...
Portugal's New Social Media Rules: Protecting Minors Online
1+ week, 4+ day ago (261+ words) Portugal's new law mandates parental consent for minors' social media access, aiming to shield them from cyberbullying and harmful content. LISBON, Feb 12 (Reuters) - Portugal's parliament on Thursday approved a bill, on its first reading, requiring explicit parental consent for children…...
Future of FCAS Fighter Jet Programme: Key Decisions Ahead
1+ week, 5+ day ago (108+ words) Future of FCAS Fighter Jet Programme: Key Decisions Ahead'Global Banking & Finance Review" BERLIN, Feb 11 (Reuters) - German Defence Minister Boris Pistorius said on Wednesday that the future of the French-German-Spanish FCAS warplane programme would become clear in the next few days....
Storm Damage in Portugal: Financial Impact and Recovery Efforts
1+ week, 5+ day ago (527+ words) Portugal's storms lead to evacuations in Coimbra due to flood risks. Authorities warn of potential dam overflow as heavy rains persist. COIMBRA, Portugal, Feb 11 (Reuters) - More heavy rain flooded several rural areas in the north of storm-battered Portugal on Wednesday,…...
Saudi Arabia Orders 20 New High-Speed Trains from Spain
2+ week, 1+ day ago (296+ words) Global Banking & Finance Review" Saudi Arabia orders 20 high-speed trains from Spain's Talgo for "1.33 billion, boosting the Spanish rail sector. MADRID, Feb 8 (Reuters) - Saudi Arabia has ordered 20 new high-speed trains from Spain's Talgo SA, the company and Spain's transport minister said…...
Storm Leonardo: Evacuations and Flooding Impact in Iberia
2+ week, 4+ day ago (653+ words) Published by Global Banking & Finance Review" Storm Leonardo causes evacuations and flood risks in Spain and Portugal, with significant economic impacts and extended state of calamity. By Jon Nazca and Miguel Pereira GRAZALEMA, Spain/ALCACER DO SAL, Portugal Feb 6 (Reuters)…...