The most sophisticated humanoid robot in the world, which physically resembles a human being, and is designed in Japan, will hone its skills in Spain. The University has announced it will be programmed by experts from the Robotics Lab of the Carlos III University in Madrid to look after sick and disabled patients or move [...]
In the midst of a liquidity crisis which is threatening to engulf small and medium-sized businesses, Caja Madrid is granting 2,250m € under preferential conditions to help pay wage bills, social security, rent and supplies. Additionally, it will offer credit for investments with a two year grace period.
Small business owners who are finding themselves choked [...]
The Spanish Government is finalizing new measures to alleviate the financial problems which small and medium-sized companies are currently facing. Ministers are analysing ways which would allow those businesses to use the Official Credit Institute in order to obtain the necessary liquidity to carry out their daily activities. The move was confirmed by the Minister [...]
Caja Madrid has launched a new deposit, called “Barrilete Cósmico” which offers 6.5% APR interest over twelve months, advanced interest payments and the opportunity for both current clients at the bank who deposit cash from other banks and new clients to sign up, according to statements issued by the savings bank today.
The deposit takes its [...]
Spain is currently experiencing a tremendous boom in its sporting, business and cultural activities, so why not make the most of the opportunities presented from a financial standpoint too? A case which comes to mind and which is in the news lately is Caja Madrid’s creation of its “Cibeles Caja Madrid Holding”. The ensuing company [...]
FCC and Caja Madrid have put more than 100 million on the table to strengthen the presence of their affiliate Global Vía in the infrastructures sector. Concretely, they have closed a deal to buy Acciona shares in five concessions: 33.3% of Concesiones de Madrid (M-45 ring road), 25% of Ruta de los Pantanos (Reservoir Highway), [...]
The decision to postpone the conditions that the regulatory commission will impose on Iberdrola in its purchase of the US Company Energy East by one week have not gone down well with the electrical utilities company, whose shares have plunged by 1.32%, making the company one of Spain’s most bearish shares in the market, with [...]
UBS, the Swiss bank, has ramped up its stake in Union Fenosa to 3.151% following the purchase of 7.1 million shares in the electrical utilities company, according to the Spanish Securities and Exchange Commission (CNMV)
This takes UBS’s stake to a total of 28,802 million shares, representing 3.151% of the company, whose President is Pedro Lopez [...]
