Spain News
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Updated 2 hours, 1 minute ago
Though he has been dead for almost 500 years, Leonardo da Vinci (1452-1519) continues to surprise.
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Updated 2 hours, 8 minutes ago
German business confidence probably rose to the highest in seven months in February as progress in taming Europe’s debt crisis tempered the risk of a recession.
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Updated 1 hour, 40 minutes ago
If Europe’s new plan for Greece succeeds, nobody will be more surprised than the politicians who designed it. At best, the arrangement is a holding action, one that fails yet again to deal with the much larger confidence crisis facing the euro area.
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Updated 1 hour, 5 minutes ago
Deutsche Telekom AG and France Telecom SA’s British mobile-phone venture plans to begin a fourth-generation high-speed mobile Internet service at the end of this year, the first operator to announce a U.K. rollout.
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Updated 3 hours, 1 minute ago
Tiger Woods beat Spain’s Gonzalo Fernandez-Castano on the final hole in the first round of golf’s World Match Play Championship, where the world’s former No. 1- ranked player avoided a repeat of his opening-day defeat a year ago.
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German bunds advanced for the first time in a week after European reports showed services and manufacturing unexpectedly contracted this month, boosting demand for the region’s safest securities.
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EON AG, Germany’s largest utility, is proceeding with the sale of energy assets in its home market valued at as much as 4.5 billion euros ($5.9 billion) as it seeks to cut debt and raise cash for growth elsewhere, according to three people with knowledge of the matter.
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Spain’s competition regulator fined Endesa SA 23 million euros ($30 million) for two counts of abusing its dominant market position.
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Spain will address the “human drama” of evictions by proposing a code of good practice for banks to help families stay in their homes and clear their debts, Economy Minister Luis de Guindos said.
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The Spanish government may impose temporary taxes or caps on earnings on renewable energy plants as it tries to reduce state spending, according to Standard & Poor’s and Banco Bilbao Vizcaya Argentaria SA.
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