Here are key things to know before you buy a house abroad

Here are key things to know before you buy a house abroad

Courtneyk | E+ | Getty Images Mortgages, currency exchange complicates a purchase While there may be similarities to the U.S. market when buying a home overseas, there are also unique challenges on the financial side of the purchase. Oftentimes, Americans buying properties abroad end up financing the transaction with cash outright, experts say. If you … Read more

Spain’s BBVA launches rare hostile takeover bid for rival Sabadell

Spain’s BBVA launches rare hostile takeover bid for rival Sabadell

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the … Read more

Foreign Office warning as deadly virus that kills third of patients surges through Europe

Foreign Office warning as deadly virus that kills third of patients surges through Europe

British holidaymakers have been warned to be on high alert after a severe illness, which kills around a third of people infected, has been detected in Spain. The Foreign Office-backed Travel Health Pro website urged travellers to watch out for Crimean-Congo haemorrhagic fever (CCHF). The disease is transmitted by bites from infected ticks or by … Read more

Spain’s Deoleo says olive oil sector faces one of its toughest moments

Spain’s Deoleo says olive oil sector faces one of its toughest moments

Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices.  Anadolu | Anadolu | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says the industry needs to undergo a “profound transformation” as it grapples with one of … Read more

A shortage of olive oil has fueled a record price spike

A shortage of olive oil has fueled a record price spike

Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices. The effects of these adverse climate conditions have been particularly pronounced in the European Union (EU), where countries collectively account for a staggering two-thirds of global olive oil production, … Read more

Spain’s PM Decides To Stay, Vows To Curtail ‘Smear Campaign’ Against Family

Spain’s PM Decides To Stay, Vows To Curtail ‘Smear Campaign’ Against Family

MADRID (AP) — Spanish Prime Minister Pedro Sánchez on Monday ended days of speculation about his future by saying he will continue in office “with even more strength.” Sánchez shocked his country last Wednesday by taking five days off to think about his future, following the decision by a court to open preliminary proceedings against … Read more

Spain PM Denies Corruption Allegations Against Wife, Cancels Events To Consider Quitting

Spain PM Denies Corruption Allegations Against Wife, Cancels Events To Consider Quitting

BARCELONA, Spain (AP) — Spanish Prime Minister Pedro Sánchez denied corruption allegations against his wife but said he will consider resigning after the launch Wednesday of a judicial investigation into accusations by a right-wing legal platform that she used her position to influence business deals. Sánchez said in a letter posted on his X account … Read more

Spain’s PM considers resigning amid wife’s legal probe: ‘Is it all worth it?’ – National

Spain’s PM considers resigning amid wife’s legal probe: ‘Is it all worth it?’ – National

Spain’s Prime Minister Pedro Sanchez said on Wednesday he would step back from public duties “for a few days” to decide whether he wants to continue leading the government after a court launched a business corruption probe into his wife’s private dealings. Sanchez, who last year secured another term for his Spanish Socialist Workers’ Party … Read more

TikTok halting reward feature after pressure from EU regulators

TikTok halting reward feature after pressure from EU regulators

TikTok will halt a feature that rewards its app users in France and Spain for watching videos in the wake of scrutiny from European Commission regulators. “TikTok always seeks to engage constructively with the EU Commission and other regulators. We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns … Read more

A new gold rush for a potential clean energy source

A new gold rush for a potential clean energy source

The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central Sulawesi Province, Indonesia, 23 October 2023. Nurphoto | Nurphoto | Getty Images A global gold rush is underway for a long-overlooked resource that advocates say … Read more