Markets: Wall Street closes its best quarter since 1998 | Economy

The New York Stock Exchange closed the last session of the positive second quarter on Tuesday to end with the largest quarterly increase in more than two decades. According to provisional closing results, the Dow Jones advanced 0.84% ​​to 25,811.65 points, the Nasdaq 1.87% to 10,058.77 units and the S&P 500 gained 1.53% to 3,100.29 […]

Telefónica merges with Liberty to be leaders in the United Kingdom

Telefónica and Liberty have signed an agreement to integrate their subsidiaries in the United Kingdom: O2 and Virgin Media. In this way, a telecommunications giant will be created in this market, considered strategic for the Spanish multinational. The joint venture will be 50% owned by each company through an operation valued at 35.8 billion euros, […]

Microsoft’s revenue grew 15% in the first quarter driven by Azure

The company’s net profit rose to $ 10.75 billion, or $ 1.40 per share, from $ 8.81 billion, or $ 1.14 per share, a year earlier. While, The Swedish-based music platform Spotify announced that it reached 130 million subscribers in the first quarter of the year in the fight against the coronavirus, causing its shares […]

Unemployment: Gipuzkoa loses 1,100 employees in the first quarter

The effect of pandemic and the closure of activities such as hospitality, non-food trade and other sectors derived from the lack of activity has made the data of the Labor Force Survey of the first quarter are influenced by this atypical situation, although it is muffled by impacting in the last fortnight of March, as […]

the French economy in free fall in the first quarter

Under the shock of the coronavirus epidemic and a general containment which put the country practically shut down, French gross domestic product (GDP) fell by around 6% in the first quarter, plunging France into a recession of historically unprecedented magnitude. The estimate published Wednesday April 8 by the Bank of France specifies that it is […]

The ‘unicorn’ of mobility begins to be profitable | Economy

Cabify says it aims to make mobility in cities more sustainable, for people to gain space for cars. That was the goal when he was born in 2011 and continues to be in 2020, according to its founder and CEO, Juan de Antonio, after becoming the first company in the sector to be profitable. In […]

Euro zone GDP limits its growth to 0.1% in the fourth quarter and 1.2% in 2019

Euro zone GDP grew 1.2% last year, according to the review published this morning by the Community statistics office, Eurostat. The expansion of the European Union, the club of the 27 countries, was 1.4% in 2019. In the evolution of GDP growth figures in Europe, what was observed over the past year was a progressive […]