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After being part of American Express, the former Caja Madrid and Visa Europa, Pilar Aurrecoechea has been in charge of MasterCard in Spain and Portugal for just over two years. Read

The Chevrolet Corvette Stingray, one of the most equipped versions of the American firm’s supercar, will hit the Spanish market in October this year and with a starting price of 79,990 euros. Read

Baidu wants Spanish companies to sell in China and has found two partners in our country to make the most of all the possibilities it offers them. Read

Uneven sign within the premium European brands of automakers, following data released yesterday by ACEA. The two British brands Jaguar and Land Rover posted growth above double digits, while their German rivals fell except Mercedes. Read

The fall in the stock market accumulated by the vast majority of the large companies of the Ibex 35 since the beginning of the crisis places these companies in the spotlight of the market. Telefónica, whose assets the US giant AT&T has been interested in, has lost 30,000 million in market value in the last two years and has a capitalization of less than 47,000 million euros. Read

The large Spanish companies have created or have plans in place to hire more than 25,000 young people this year, according to EXPANSIÓN, which has contacted more than 60 companies to find out about their plans on young employment. The initiative of these companies will partly alleviate the strong job losses that Spain has suffered during the last five years. Read

Spanish tourism has been the great beneficiary of the political instability that its rival destinations in the Mediterranean have experienced since the outbreak of the Arab Spring. At the beginning of summer, the sector is now likely to receive part of the tourists who reconsider going to Turkey if the riots persist. Read

The EU will mitigate the hit to deposits of SMEs and individuals in bank bailouts

The extra protection for deposits of SMEs and individuals does not come for free: large companies would assume greater risks. Read

No noise and no disturbances. This is how the departure of employees from Santander and Banesto is taking place as a result of the merger of both networks. Last week, the bank opened the period for workers to sign up for incentive leave. The entity has offered some 300 employees the possibility of availing themselves of them voluntarily, while 650 employees have already decided to take early retirement.

Author: skit