LONDON Italian toll-road operator Atlantia has tapped banks to finance an upcoming cash-and-share bid for Spanish rival Abertis , sources told Reuters, as it seeks to create an industry giant with a market value of more than 35 billion euros (29.27 billion pounds).
GUERNICA, Spain Elderly survivors of a savage air raid that destroyed the Spanish town of Guernica in 1937 met relatives of the attacking German soldiers on Wednesday in a gesture of peace and reconciliation.
MADRID Spanish infrastructure group Abertis reported rising earnings on Wednesday and said it had received no concrete offer from Italian rival Atlantia after the companies held preliminary talks on a possible takeover.
MADRID Spain's High Court ruled on Tuesday that the son of one of Catalonia's most prominent political figures would be jailed to prevent him obstructing an investigation into an alleged money laundering and tax fraud scheme carried out by his family.
HOUSTON/CARACAS As political turmoil in Venezuela mounts, oil firms including Norwegian major Statoil ASA and Spain's Repsol SA have further reduced their already-dwindling ranks of expatriate employees in the country, sources familiar with the situation said.
MADRID Spanish police said on Tuesday they had arrested nine men and raided 12 properties in Barcelona in an operation against suspected Islamist militants believed to be linked to last year's attack on Brussels airport.
BRASILIA The governments of Spain and Brazil on Monday reinforced their commitment to completing a trade pact between the European Union and South American trade bloc Mercosur despite protectionist sentiments.
MADRID Britons are buying fewer houses in Spain since last year's vote to leave the European Union, put off by a slump in the pound and uncertainty about Britain's future relationship with the bloc.
ROME Italian toll-road operator Atlantia is interested in acquiring Spain's Abertis , but only if a deal can be agreed, and does not see a need to sell any of Abertis's assets to fund it, Atlantia's chief executive said on Friday.
MADRID A Spanish High Court graft inquiry that has led to the arrests of people linked to the ruling People's Party widened on Thursday as police searched the offices of construction group OHL and technology firm Indra.
NEW YORK World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the euro strengthened as euro zone inflation rose to hit the European Central Bank's target.