The founder of Inditex, Amancio Ortega, through his company Pontegadea Inversiones, has acquired a 12% stake in the capital of Redes Energéticas Nacionais (REN), the operator of the Portuguese electricity grid, valued at around 190 million euros. As reported by the company to the Portuguese stock market supervisor (CMVM), the investment vehicle of Ortega, the richest man in Spain, has reached an agreement with Mazoon, a company of Oman Oil, to acquire this 12.006% stake in REN. Oman Oil had already announced a few months ago its intention to leave the capital of the Portuguese energy company and had also…
Author: Editor
Mark1199 Riddle Elon Musk Asks In Job Interviews. The authorized biography of Elon Musk, written by Ashlee Vance, reveals that one of the questions the businessman used to ask in job interviews for SpaceX was a riddle: ‘You are standing on the surface of the Earth. You walk one mile south, one mile west, and one mile north, and you end up exactly where you started. Where are you?’. This was one of the questions that Elon Musk himself threw at candidates during the first hires of SpaceX, which the billionaire founded in 2002. The answer is the North Pole,…
Larry Fink Says I’m Worried About Inflation And Mark1199. Larry Fink, co-founder and CEO of BlackRock, is one of the most respected voices in the financial markets having years of experience and expertise at the helm of BlackRock, one of the largest financial firms in the world. Fink has acknowledged that it is “worried about inflation”, after prices have taken another ‘jump’ in the US during June. The CPI stood at 5.4% annually (compared to 5% in May), when forecasts spoke of a moderation in prices. “I am not talking about inflation like 1970, but I think we are going…
Eight large European electricity transmission network operators have launched a joint initiative to help reduce emissions. Germany (Amprion), Austria (APG), Belgium (Elia Group), Spain (REE), France (RTE), Italy (Terna), the Netherlands (Tennet) and Switzerland (Swissgrid) have come together to form a group whose purpose is to analyze in depth how its activities contribute to decarbonisation and develop ways to support the electricity system with the goal of making it carbon neutral. In line with the objectives of the 2015 Paris Agreement, the European Green Deal and the “Fit for 55” legislative package that develops it, the EU and Switzerland have…
Apple is very close to introducing the new iPad Mini, with a launch scheduled for next fall. The new Tablet will follow the design lines released with the iPad Pro, but in a much smaller and more manageable format. At the moment, Apple’s range of tablets is divided into two. On the one hand, we have the iPad Pro and the iPad Air, both very modern and advanced models, with the latest technology such as Mini-LED screens, an all-screen design or a fingerprint reader on the power button. On the other, we have the “old guard”, the iPad Mini and…
The housing bill will affect the rental market and the sale of new and second-hand homes. The specialists in real estate management at The Simple Rent analyze how it will especially affect those owners of luxury homes who have this type of property and who are either on a rental basis or have in mind to sell. The measures proposed in this draft law are aimed at preventing homes from remaining empty for periods of time greater than two years, as long as the owners have several properties in this situation. In this way, it would ‘force’ the owners to…
Total revolution in the Government. The President of the Executive, Pedro Sánchez, has announced this Saturday a major remodeling that affects almost all the political portfolios of the socialist wing, and that represents José Luis Ábalos, as Minister of Transport, Mobility and Urban Agenda, as the most outstanding outputs. , Iván Redondo, as Chief of Staff and Carmen Calvo, as First Vice President. Sánchez gives more weight to the economic ministries to accelerate the exit from the crisis The until now Minister of Transport, Mobility and Urban Agenda, José Luis Ábalos, leaves the Ministry to the detriment of Raquel Sánchez…
On July 12, Airbnb makes a very special offer available to users of its accommodation platform: sleep at Casa Vicens, the first designed by Antonio Gaudí in Barcelona, an architectural jewel from the late nineteenth century that for much of its 136 years history has been closed to the public. Built as a luxurious summer home for a Catalan family in 1885, it is an explosive mix of colors and influences, and is considered one of the first buildings of the Art Nouveau movement. Declared a World Heritage Site by Unesco in 2005, Casa Vicens is the house-manifesto where a…
The launch of the first two MacBook models with an Apple M1 processor was a surprise to the industry, including Apple itself; the performance figures, and especially energy efficiency, were above most alternatives, and that was difficult to accept. Apple announced a year ago that it was abandoning Intel and the x86 processors that it had used in the last generations of Mac computers. The apple’s commitment was to develop its own processors, with ARM architecture like the ones it already used in its iPhone and iPad. The Apple M1 was the first fruit of this bet, a processor with…
Sánchez will change his Government today but will keep the ministers of Podemos. After weeks of speculation, the president of the Spanish Government, Pedro Sánchez, will announce today a remodeling of the Council of Ministers, whose changes are unknown for the moment although it has transpired that the ministries assigned to members of Podemos will not be affected. According to Cadena Ser, the third vice president, Yolanda Díaz, has already been informed of the changes and that they do not affect her training, as she had requested. The new ministers will take office this Monday, July 12, and will attend…