spain

Spain’s Consumer Rights Ministry has instructed Airbnb Inc. (NASDAQ:ABNB) to remove over 65,000 listings from its platform. The government cites these listings as contributing to the country’s ongoing housing crisis due to violations of existing regulations. What Happened: A majority of...

Benimarfull. Hard to pronounce, fewer than 450 inhabitants and nearly invisible on the map of the Valencian Community. Yet here, in this quiet corner of Spain, a factory fuses centuries-old paper machinery with cutting-edge technology to produce some of the world's most famous rolling papers. The...

Spanish banking heavyweight Banco Bilbao Vizcaya Argentaria SA (NYSE:BBA), better known as BBVA, said Monday it secured regulatory consent to launch trading services for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the country. What Happened: BBVA received approval from Spain’s...

Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...

Spain's economy has outperformed Germany and France this year as international tourism climbs to record highs . But its strong economic performance may be curtailed by the worst flooding in decades.  The country’s gross domestic product expanded by 3.4% year-on-year in Q3, compared to 3....

Ongoing flooding in Eastern and Southern Spain has caused one of the worst humanitarian disasters in the region in decades. What Happened: At least 158 people have been killed by flooding caused by torrential rain on Tuesday night and Wednesday, according to the BBC. The damage is concentrated...

Parlay bets that combine the outcomes of several games or future championships have grown in popularity in the world of sports betting. A parlay that spans across basketball, golf and soccer could soon turn into nearly a million dollars for one bettor. What Happened: England and Spain entered the...

By Lucía Tedesco via El Planteo Spain appears to be spared from the fentanyl crisis due to the availability of heroin in the country. This is indicated by a study led by David Pere Martínez-Oró, director of the Episteme Social research center. "Fentanyl in Spain: Evidence...

Microsoft Corp. (NASDAQ:MSFT) is reportedly planning a $7.16 billion investment for the construction of new data centres in Aragon, a northeastern region of Spain. What Happened: Microsoft has applied for a permit to construct data centres on the outskirts of Zaragoza city, Reuters reported on...

Barcelona is renowned for its vibrant tourism, yet there’s a lesser-known attraction: cannabis clubs. Despite the allure, these clubs exist in a legal gray area, oscillating between regulation and the threat of closure. “People come here to relax, sometimes to work, or to unwind after...

The ban on Worldcoin (CRYPTO: WLD), a blockchain-based identity verification project, has been extended until the end of 2024 in Spain. What Happened: Tools for Humanity, a project contributor, has voluntarily extended the suspension of Worldcoin orb operations in Spain, The Block reported....

By Lucía Tedesco via El Planteo, adapted for Benzinga Amid Spain's efforts to regulate medicinal cannabis, a political clash has emerged between Isabel Díaz Ayuso, the President of the Community of Madrid, and Mónica García, the Minister of Health. This conflict,...

Amazon.com Inc.‘s (NASDAQ:AMZN) cloud computing arm, Amazon Web Services (AWS), is negotiating with the Italian government to invest billions of euros to expand its data center operations in the country. This initiative is part of the tech giant’s strategy to enhance its cloud services...

Amazon.com Inc‘s (NASDAQ:AMZN) web services division plans to inject €15.7 billion (US$17.02 billion) into establishing facilities in Spain. What Happened: Amazon Web Services will expand in Spain’s northeastern Aragon region, reported Reuters. The initiative supplants a prior...

In a significant development, Ford Motor Co. (NYSE:F) has announced plans to enhance production at its Valencia plant in Spain. The automaker aims to assemble 300,000 units of a new model annually starting in 2027. What Happened: Spain’s Industry Ministry confirmed Ford’s decision to...