Economy

Ford will manufacture hybrid engines for all of Europe in Almussafes

Production will begin in 2022 and will partially palliate the end of the Mondeo model.  The management of Ford Almussafes in Valencia has once again gathered this morning the union leaders of the factory’s works council (of which UGT, CC OO, STM-Intersindical and CGT are part) to announce that the Valencian plant will begin to manufacture engines hybrids …

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Santander UK will close 111 branches in the United Kingdom, 20% of its network in the country

Santander UK, the British subsidiary of the Spanish bank, plans to close 111 branches in the United Kingdom by the end of next August, which is equivalent to one in five of its network in the country, while it will carry out a reduction of its corporate centers , including the relocation of its headquarters to the new …

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Amazon Vs. Alibaba: Comparing The Risks

Summary The potential return is largely beyond our control. But the risk that we take can be assessed and compared more or less objectively.  Amazon’s higher average return comes with relatively low risk.  Statistical assessment of the risk parameters speaks in favor of Amazon.  Hand holding chooses wooden block cubes with risk word. Risk management concept.  When it …

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Calviño, Maroto and Montero defend the rescue of Plus Ultra while Ábalos discards the influence of his ministry

The rescue of the airline Plus Ultra by SEPI for a value of 53 million euros has generated controversy by questioning its strategic nature. The figure multiplies by ten the assets of the company , which has about 300 employees and has accumulated losses for a decade.  Several parliamentary groups have asked the Government for explanations but …

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