Pronovias projects further losses in 2024 despite restructuring
Pronovias, under Bain Capital's ownership since April 2022, reported a €128.5 million loss in 2023, higher than initially reported due to impairments, and anticipates further losses in 2024 despite a restructuring plan focused on cost efficiency and market expansion.
Pronovias projects further losses in 2024 despite restructuring
Pronovias, under Bain Capital's ownership since April 2022, reported a €128.5 million loss in 2023, higher than initially reported due to impairments, and anticipates further losses in 2024 despite a restructuring plan focused on cost efficiency and market expansion.
Progress
40% Bias Score
Rovi Expands Audit Reports Following CNMV Requirements on Sustainability
Following a CNMV request, Laboratorios Rovi expanded its audit reports to address climate change mitigation, ESG objectives, alternative performance measures, ethical channels, and water usage in its Alcalá de Henares and San Sebastián de los Reyes plants, with plans to update the ESG plan in 2025.
Rovi Expands Audit Reports Following CNMV Requirements on Sustainability
Following a CNMV request, Laboratorios Rovi expanded its audit reports to address climate change mitigation, ESG objectives, alternative performance measures, ethical channels, and water usage in its Alcalá de Henares and San Sebastián de los Reyes plants, with plans to update the ESG plan in 2025.
Progress
32% Bias Score
BSH to Close Navarra Plant, 660 Jobs Affected
BSH, a German home appliance manufacturer, will close its Esquíroz (Navarra) plant in six months, impacting 660 employees due to persistent market difficulties and competition despite a national profit of 60 million euros in 2023.
BSH to Close Navarra Plant, 660 Jobs Affected
BSH, a German home appliance manufacturer, will close its Esquíroz (Navarra) plant in six months, impacting 660 employees due to persistent market difficulties and competition despite a national profit of 60 million euros in 2023.
Progress
48% Bias Score
Spain's Skills Gap Threatens AI-Driven Economic Progress
A recent OECD PIAAC study shows Spain lags behind OECD and EU averages in adult literacy and math skills, with nearly a third of the adult population at basic levels, highlighting a significant skills gap that could worsen due to AI's uneven impact on employment.
Spain's Skills Gap Threatens AI-Driven Economic Progress
A recent OECD PIAAC study shows Spain lags behind OECD and EU averages in adult literacy and math skills, with nearly a third of the adult population at basic levels, highlighting a significant skills gap that could worsen due to AI's uneven impact on employment.
Progress
48% Bias Score
WiZink Pivots to B2B Strategy, Reevaluates WiZink Center Sponsorship
WiZink, a digital bank, plans a strategic shift from B2C to B2B services by 2028, aiming to increase B2B's contribution to its bottom line from 20% to 40%, reevaluating sponsorships like the WiZink Center, and canceling the sale of its Portuguese subsidiary.
WiZink Pivots to B2B Strategy, Reevaluates WiZink Center Sponsorship
WiZink, a digital bank, plans a strategic shift from B2C to B2B services by 2028, aiming to increase B2B's contribution to its bottom line from 20% to 40%, reevaluating sponsorships like the WiZink Center, and canceling the sale of its Portuguese subsidiary.
Progress
36% Bias Score
Energy Lobbying Weakens Spain's Electricity Tax
Spain's energy companies are successfully lobbying against a tax on electricity generation, leveraging a lack of government majority in parliament to form an unlikely alliance between the PP, PNV, and Junts, potentially jeopardizing \u20ac7.2 billion in EU funds.
Energy Lobbying Weakens Spain's Electricity Tax
Spain's energy companies are successfully lobbying against a tax on electricity generation, leveraging a lack of government majority in parliament to form an unlikely alliance between the PP, PNV, and Junts, potentially jeopardizing \u20ac7.2 billion in EU funds.
Progress
64% Bias Score
Citi Identifies Key Investment Themes Beyond the AI Hype for 2025
Citi analysts forecast strong investment returns in 2025 from diverse sectors, including AI-driven companies like Schrodinger and Marqeta, and also from agriculture (Darling Ingredients, Hormel Foods), clean energy (First Solar), and other growth areas; their strategy balances AI-focused growth with...
Citi Identifies Key Investment Themes Beyond the AI Hype for 2025
Citi analysts forecast strong investment returns in 2025 from diverse sectors, including AI-driven companies like Schrodinger and Marqeta, and also from agriculture (Darling Ingredients, Hormel Foods), clean energy (First Solar), and other growth areas; their strategy balances AI-focused growth with...
Progress
44% Bias Score
Bitcoin Hits New High Above \$100,000 Amidst Institutional Buying Spree
Bitcoin sustained its price above \$100,000 for a week, hitting a record high of \$108,000, driven by institutional demand and MicroStrategy's upcoming Nasdaq100 listing; altcoins like Ether and XRP also saw significant gains, while digital asset investment products attracted \$3.2 billion in inflow...
Bitcoin Hits New High Above \$100,000 Amidst Institutional Buying Spree
Bitcoin sustained its price above \$100,000 for a week, hitting a record high of \$108,000, driven by institutional demand and MicroStrategy's upcoming Nasdaq100 listing; altcoins like Ether and XRP also saw significant gains, while digital asset investment products attracted \$3.2 billion in inflow...
Progress
56% Bias Score
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Progress
32% Bias Score
EU Launches €10.6 Billion IRIS² Satellite Constellation for Secure Communications
The European Commission and ESA launched IRIS², a €10.6 billion multi-orbital satellite constellation (up to 300 satellites) led by SpaceRISE, providing secure communications for EU governments and businesses, with the first launch expected in 2029.
EU Launches €10.6 Billion IRIS² Satellite Constellation for Secure Communications
The European Commission and ESA launched IRIS², a €10.6 billion multi-orbital satellite constellation (up to 300 satellites) led by SpaceRISE, providing secure communications for EU governments and businesses, with the first launch expected in 2029.
Progress
40% Bias Score
Musk Accuses SEC of Harassment as New Chair Signals Regulatory Shift
Elon Musk's lawyer released a letter accusing the SEC of years of harassment and politically motivated investigations; this follows a recent demand for monetary settlement and a reopened Neuralink probe; incoming SEC Chair Paul Atkins's deregulation stance suggests a potentially more lenient regulat...
Musk Accuses SEC of Harassment as New Chair Signals Regulatory Shift
Elon Musk's lawyer released a letter accusing the SEC of years of harassment and politically motivated investigations; this follows a recent demand for monetary settlement and a reopened Neuralink probe; incoming SEC Chair Paul Atkins's deregulation stance suggests a potentially more lenient regulat...
Progress
56% Bias Score
El Salvador to Potentially Abandon Mandatory Bitcoin Acceptance Amid IMF Loan Deal
El Salvador is nearing a \$1.3 billion IMF loan agreement, conditioned on making Bitcoin acceptance by businesses voluntary, potentially reversing its 2021 decision to make Bitcoin legal tender and raising concerns about the viability of cryptocurrency as a national currency.
El Salvador to Potentially Abandon Mandatory Bitcoin Acceptance Amid IMF Loan Deal
El Salvador is nearing a \$1.3 billion IMF loan agreement, conditioned on making Bitcoin acceptance by businesses voluntary, potentially reversing its 2021 decision to make Bitcoin legal tender and raising concerns about the viability of cryptocurrency as a national currency.
Progress
60% Bias Score