Spain Business News

The U.K.'s TUI Travel said Tuesday that its net loss for the fiscal year ended Sept. 30 narrowed to 25 million pounds ($41 million) from 271 million pounds a year earlier and that trading for the winter season is continuing...

U.K.-based travel firm Thomas Cook Group PLC and rival TUI Travel PLC are both targeting Russia and China for expansion as their markets in Western Europe stagnate during the economic downturn. As it reported a 46% increased in net profit...

A package of regulatory reforms, tax changes and measures to spur job creation will reinvigorate the Spanish economy in 2010, Economy and Finance Minister Elena Salgado has said. Though the cabinet has agreed on the outline of the Sustainable Economy...

Spain's Telefonica said on Wednesday that it has bought 21 percent of Digital+, the pay television business of Spanish media group Prisa, for 470 million euros ($707.5 million). Of the 470 million euros, 230 million will be used to write...

Solar power forms the pillar of renewable energy strategies, Germany utility E.ON said as it enters into a partnership for solar energy in southern Spain. E.ON Climate & Renewables announced a partnership with Spain's Abengoa Solar to run two 50-megawatt...

British Airways alarmed passengers a decade ago by removing the Union Jack from its tailfins. But they now have the prospect of the Spanish flag flying alongside the national airline as BA closes in on a £3.96bn merger with rival...

Iberia and British Airways have approved an agreement establishing the basis for a merger, the Spanish carrier said late Thursday. Iberia called it a "binding agreement" aimed at creating one of the world's largest airline groups, with a fleet of...

The Unite trade union threatened to deepen its industrial dispute with British Airways if the airline cuts more jobs following a £4.3bn merger with Iberia. The union, which launches a ballot for industrial action over cost-cutting measures next week ,...

The majority of Javea apartments for sale greatly differ in the styles available. From a luxury penthouse with panoramic views of the sea to a traditional ‘piso’ or maybe a ground floor apartment with a garden, there is literally something...