Shares in FX firm Plus500 plunge as it suspends some accounts

LONDON - Shares in retail FX trading shop Plus500 shed over a third of their value on Monday after the firm, a sponsor of Spanish football team Atletico Madrid, said some clients' accounts had been suspended as it sought to meet money laundering rules.


Venezuela parliament leader squeezes media bosses over drugs story 14 May 2015

CARACAS - Venezuela's powerful parliament head Diosdado Cabello has sought a travel ban on some media bosses he is suing for slander over reproducing a story from a Spanish newspaper accusing him of running a drug ring.


Airbus A400M takes to air in first test after Spain crash 12 May 2015

TOULOUSE/BERLIN - Airbus carried out on Tuesday its first test flight of an A400M military transporter plane since Saturday's fatal crash in Spain that led some European countries to ground the carriers.


Airbus to continue A400M test flights following crash 10 May 2015

MADRID - Europe's biggest aerospace company, Airbus, said on Sunday it would continue test flights for the A400M military transport plane after the fatal crash of one of the aircraft on a test flight in Spain.

Spain's ruling PP retains poll lead but hung parliament looms 07 May 2015

MADRID - Spain's ruling People's Party (PP) is seen winning a year-end election with the socialists coming a close second, an opinion poll showed on Thursday, although the most disputed vote in 40 years is likely to lead to a hung parliament.

Spain's services sector grows at fastest pace in eight years in April - PMI 06 May 2015

MADRID - Spain's services sector saw the strongest growth in eight years in April thanks to buoyant new business, a survey showed on Wednesday, as domestic demand continues to drive a rebounding economy.


EU clears Caixabank bid for Portugal's Banco BPI 05 May 2015

LISBON - The European Commission has approved a takeover bid by Spain's Caixabank for Portugal's Banco BPI , paving the way for the Spanish bank to register the offer formally with regulators.


HSBC whistleblower Falciani says his work is not done - El Mundo 03 May 2015

MADRID - Herve Falciani, a former HSBC employee who leaked information on the bank's clients and tax situation, told Spanish newspaper El Mundo he had knowledge of other cases and could act again, adding his "work was not done".


Pope defends California missions' founder ahead of canonisation 02 May 2015

ROME - Pope Francis defended an 18th-century Spanish priest on Saturday from accusations he brutalised Native Americans in missionary work that helped lay the foundations for the Catholic Church in the United States.


Spain's Podemos founder resigns amid rift over party strategy 30 Apr 2015

MADRID - One of the founder members of Podemos, the one-year-old leftist party that has up-ended Spanish politics, resigned on Thursday in a surprise move that questions its strategy just as opinion polls show it may have peaked.