Tag: #Madrid
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Billionaire Zara founder builds global real estate empire
Madrid, Nov 17 (AFP/APP): Spanish billionaire Amancio Ortega, the founder of clothing giant Zara, has built up a global real estate empire that includes offices used by Facebook and Amazon in Seattle and large swathes of London’s Oxford Street. Diversifying his fashion fortune to preserve his sizeable wealth, the value of the real estate portfolio…
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Catalan separatists again block Spain-France motorway
Madrid, Nov 13 (AFP/APP): Catalan separatists once again blocked a major motorway linking Spain and France on Tuesday to try to draw international attention to the Catalan independence issue. Hundreds of activists blocked the AP7 motorway in Girona, Catalonia’s transport authority said, hours after French and Catalan police dispersed a group that blocked that same…
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Conservative Spanish party leader tries moderate reboot
Madrid, Nov 7 (AFP/APP): The young leader of Spain’s conservative Popular Party, Pablo Casado, has toned down his harsh rhetoric ahead of Sunday’s repeat general election after leading the PP to its worst ever results with an aggressive campaign the last time around. Before the April polls he regularly lobbed insults at his main rival,…
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UK airline giant IAG agrees to buy Spain’s Air Europa
London, Nov 4 (AFP/APP): British Airways owner IAG agreed Monday to buy Spain’s Air Europa for 1.0 billion euros to expand routes to Latin America and the Caribbean, boosting Madrid as a key hub. The London-listed company said in a statement that it has signed a transaction agreement with Air Europa owner Globalia in a…
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Nadal named in Spain squad for Davis Cup
Madrid, Oct 21 (AFP/APP): World number two Rafael Nadal has been named in the Spain squad for the Davis Cup finals in Madrid next month. Nadal was included in a list of five Spanish players, with Roberto Bautista, Pablo Carreno, Feliciano Lopez and Marcel Granollers also picked by coach Sergi Bruguera. A wrist injury forced…
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Oldest champion of modern era, dies at 82
Andres Gimeno, the oldest male French Open Champion dies
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More than 132,000 Sephardic Jews apply for Spanish nationality
Madrid, Oct 1 (AFP/APP):Over 500 years after their descendants were expelled from Spain in 1492, more than 132,000 Jews have applied for Spanish nationality under a limited-term offer, officials said Tuesday after the deadline expired. Passed by the Spanish parliament in October 2015, the law sought to try and address a “historic mistake” by King…
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Santander to book 1.5 bln euro impairment charge on UK unit
Madrid, Sept 25 (AFP/APP):Spanish banking giant Santander said Wednesday it will book an impairment charge of around 1.5 billion euros ($1.65 billion) linked to its British unit due to the uncertainty caused by Brexit and changes in regulations. The impairment was “mostly due” to “various negative impacts” of changes in baking regulations in Britain which…