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Top The Corner News

China’s factory activity contracts for 7th month, reflecting tariffs pressure on trade — REUTERS / pwu404

China Economy · China

China’s factory activity contracts for 7th month, reflecting tariffs pressure on trade

57% Center coverage: 23 sources

Spain's Telefónica Said to Slash Dividend Through 2026 Under New Policy

Stock Markets · Madrid

Spain's Telefónica Said to Slash Dividend Through 2026 Under New Policy

50% Left coverage: 6 sources

The Corner Bankinter | Telefónica (TEF) will present its new Strategic Plan tomorrow, 4 November, replacing the previous 2024/2026 plan. In this plan, Telefónica could announce a dividend cut from the previous €0.3 per share for the years covered, according to media reports. Bankinter analysis team’s view: We believe that the probability of this happening is high. According to statements by its CEO, Telefónica has lofty ambitions, with the inten…See the Story

No longer any difference in Spain between minimum wage (€15,120) and most frequent salary (€15,575)

Minimum Wage · Spain

No longer any difference in Spain between minimum wage (€15,120) and most frequent salary (€15,575)

100% Center coverage: 2 sources

The Corner The urgency with which the minimum wage (SMI) has been increased in Spain (a 46% rise just between 2018 and 2023, triple the increase of the preceding decade) clashes with companies’ real capacity to absorb it. And this has an impact: if the nominal SMI was equivalent to 60% of the modal (most frequent) salary in 2018, it reached 97% in 2023. Thus, in Spain, the interprofessional minimum wage is...See the Story

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