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Olive Press News Spain

Welcome to our new incisive weekly business mailout for getting a grip on what's important in the finance, tech and money matter world in Spain right now.

Sabadell Bank shareholders massively back TSB sale as fight against BBVA takeover continues in Spain

Sabadell Bank shareholders massively back UK TSB sale as fight against BBVA takeover continues in Spain

AN EXTRAORDINARY meeting of Sabadell Bank shareholders on Wednesday has overwhelming approved the sale of their UK subsidiary, TSB, to Santander.

99.6% of votes . . .

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Telefonica to phase out Huawei tech in Spain’s 5G network amid Chinese espionage fears

hauweiya

SPANISH telecom giant Telefonica is set to phase out equipment made by Chinese technology company Huawei from Spain’s 5G network.

“In both . . .

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Spanish retail giant Mango targets Britain's Gen Z in latest market push

Mango Teen

SPANISH clothing brand, Mango, is looking to the British teen market to propel international growth beyond Spain.

Though the company is best known . . .

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From Barcelona to Seoul: Wallapop, Spain’s favourite secondhand app, snapped up by Korean tech giant Naver

Wallapop wikimedia

IF you've ever bought a secondhand bike in Barcelona, offloaded a blender in Bilbao, or picked up vintage Levi’s in Valencia - chances . . .

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Stocks, bonds and your mortgage: Why smart expats in Spain need a tailored investment strategy

Bonds and stock as a choice – pictured as words Bonds, stock on road signs to show that when a person makes decision he can choose either Bonds or stock as an option, 3d illustration

By Peter Dougherty

WE’VE all heard of stocks and bonds, and most of us have a basic understanding of what they . . .

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Spain's unemployment hits 18-year low, but job growth slows in July

office

SPAIN'S unemployment fell slightly in July, with 1,357 fewer people out of work, bringing the total to 2.4 million - the lowest figure for this month . . .

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Game over? Spain's multi-billion euro videogame industry is in crisis amid mass layoffs — with AI taking the blame

Two Young Men Sitting On Sofa, Playing Video Game, Low Section

ACROSS the Spanish videogame industry, significant layoffs are taking place. This reflects a worldwide restructuring that many are attributing to the rise of Artificial . . .

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Spain's banks enjoy nearly 12% rise in profits during first six months of 2025

Spain's banks enjoy nearly 12% rise in profits during first six months of 2025

SPAIN'S biggest banks have seen profits soar by 11.8% in the first half of 2025, compared to the same period last year.

The combined net . . .

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Spain criticised for failing to act on anti-corruption reforms, says European watchdog

Congress de los diputados

Spain has failed to fully implement a single one of the 19 anti-corruption reforms recommended by the Council of Europe’s anti-corruption body in 2019, a new . . .

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