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The Swiss manager Pictet buys a hotel in Valencia from Jordi Mestre for 30 million | Companies

Draft operation in the hotel sector. Funds managed and advised by Pictet Alternative Advisors (Pictet AA), the alternative investment division of the Swiss Pictet group, have bought the Expo Hotel Valencia, owned by Jordi Mestre, previous owner of the Selenta group. The operation represents the most important hotel transaction in Valencia since the pandemic began …

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Mercadona will leave bread production to outsource it among its suppliers | Companies

Mercadona will abandon its own bread production to leave it in the hands of its suppliers. The supermarket company, which in 2018 began working with specialized manufacturers that supplied it with 20 million kilos a year, confirmed this Wednesday that it will complete the process with the gradual closure of the 20 bread production lines …

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This is how gas escapes from Russian gas pipelines; everything points to sabotage | Companies

Three verified leaks in the last 48 hours in the Nord Stream 1 and Nord Stream 2 gas pipelines have set off alarms among European countries for fear of a new blow to the energy crisis in the bloc. Although both pipelines are no longer supplied from Moscow, any failure poses a risk to shipping …

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Sateliot partners with Amazon to connect IoT devices directly from satellites | Companies

Satellite, the Spanish telecommunications company that will launch a constellation of nanosatellites to operate in the Internet of Things (IoT) with 5G coveragehas teamed up with Amazon Web Services to develop a 5G solution in the cloud and be able to connect IoT devices directly from satellites. The Spanish company which last February announced a …

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The Bank of Spain notes that despite the sharp increase in fuel prices, consumption hardly suffers | Economy

The Bank of Spain notes that the consumption of automotive fuels, especially gasoline, has increased in recent quarters, especially that of gasoline (segment in which residential consumption is concentrated), which contrasts with the strong growth of gasoline and diesel prices from the beginning of 2021. This is one of the conclusions that can be drawn …

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The ECB sees it as essential that aid to combat inflation be temporary

Christine Lagardepresident of European Central Bank (ECB), considers that it is “essential” that the aid approved by the governments of the eurozone to help households to counteract the high inflation be “temporary and directed”. In turn, the head of the issuer of the euro acknowledged on Monday that the depreciation of the euro “has contributed …

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The CNMC reduces the guarantees that must be sent by electricity marketers to REE | companies

The National Commission of Markets and Competition (CNMC) has approved this Monday a new measure aimed at alleviating the financial burden faced by marketers and direct consumers when they buy electricity in the wholesale market. Thus, the resolution adopted supposes an adjustment of the calculation of the guarantees to use the most precise measurement values …

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Video: Aubergine ‘Polpette’: vegetarian meatballs that look like croquettes

The polpette di melanzane are an example of the best Italian cuisine of subsistence. Typical of Calabria and other regions of southern Italy, they manage to satisfy hungry stomachs and fine palates alike using just a few of the most basic ingredients: aubergine, stale bread, grated cheese and egg. Garlic and parsley liven up the …

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BlackRock believes that Spain can be the transforming country in Europe in terms of energy | companies

BlackRock’s CEO, Larry Fink, highlighted this Thursday that Spain has the opportunity to become Europe’s transforming country in terms of energy due to several factors, such as its leadership in solar and wind energy, its proximity to gas sources and the presence of large international companies. This was stated during a conversation with the president …

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