MADRID - The Spanish government is working against the clock to reach a deal with builders over a multibillion euro bail-out for nine bankrupt motorways which could directly hit the country's deficit.
MADRID - British telecoms group Vodafone has reached a preliminary deal to buy Spanish cable group Ono after raising its initial bid for the company, two people with knowledge of the discussions said on Friday.
MADRID - Spain's government on Friday approved new rules to help struggling companies cut debt and avoid bankruptcy as the country heads into economic recovery with weak job growth.
MEXICO CITY - Mexico's telecoms regulator said on Thursday it would take steps to boost competition in a market dominated by billionaire Carlos Slim's phone giant America Movil , exercising far-reaching new powers it was granted by the government last year.
MADRID - Spain's service sector expanded for the fourth straight month in February, a survey showed on Wednesday, though at a slower pace than a month earlier, suggesting the path to sustainable growth may be rocky.
DUBLIN/LONDON - Two of Bank of Ireland's largest shareholders, who helped keep it out of state hands at the height of the euro zone debt crisis in 2011, more than tripled their money when they sold part of their stake on Tuesday.
DUBLIN - Two of Bank of Ireland's largest shareholders, Wilbur Ross and Fairfax Financial , began selling a combined 6.4 percent stake in the country's largest lender on Tuesday, the placing's bookrunner Deutsche Bank said.
MADRID - Billionaire financier George Soros was one of the investors in bailed-out lender Bankia , after the Spanish government began selling down its stake, which was almost entirely placed with foreign funds, a source familiar with the process said.
GENEVA - Strong car sales figures from Germany, Italy and Spain added to the growing optimism over Europe's autos market as industry executives gathered on Monday for the Geneva motor show, though a dip in French demand suggests the recovery remains uneven.
MADRID/PARIS - Car sales in February fell in France, but rose sharply in Spain thanks to incentives, in a sign Europe's auto market recovery remains uneven at a time when executives gathering at the Geneva motor show are hoping for a sustained recovery.
FRANKFURT - Europe's banking sector needs to be cleaned up and companies' access to capital markets improved to support the economic recovery in the euro zone when it picks up speed, European Central Bank policymaker Yves Mersch said.