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  • 1 month ago | gurutrade.com | Joao Mauricio |Inti Landauro |Ed Osmond

    March 25 (Reuters) - Energy costs lifted Spanish industrial prices in February to their highest level in two years, the National Statistics Institute (INE) said on Tuesday. Over the 12 months through February 2025, industrial prices rose 6.6%, up from a 2.6% increase in the 12 months through January. Annual price variations at factory gates rose for the past five months in Spain and stood at their highest level since February 2023 when they were up 8%.

  • 1 month ago | gurutrade.com | Joao Mauricio |Inti Landauro |Tomasz Janowski

    March 13 (Reuters) - Spanish telecom company Telefonica agreed to sell its stake in its Colombian unit to Millicom for $400 million, as part of a strategy to gradually reduce its exposure to Latin America, it said on Wednesday evening. The Spanish unit of Luxembourg-headquartered telecom Millicom will buy the 67.5% stake in the Colombian unit of Telefonica, both companies said in separate statements.

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