BBVA bank in Madrid. BBVA’s quarterly net income of €689 million compares with an €849 million loss in the same period a year ago when the bank took a charge for reducing its investment in China, the lender said in a filing to regulators on Wednesday.

Banco Bilbao Vizcaya Argentaria, Spain’s second-biggest bank, swung to a fourth-quarter profit, beating estimates on higher returns in its home mar(...)

 Spanish prime minister Mariano Rajoy gives a speech at the Spain Global Tourism Forum held in Madrid. Photograph: EPA/BALLESTEROS

Spain’s economy expanded at its fastest pace in seven years in the fourth quarter, defying the threat of deflation as lower prices helped boost domest(...)

Women look at clothes in a store in the Andalusian capital of Seville, southern Spain. Spanish consumer prices  fell 1.5 per cent in January from a year earlier, the most since 1997. (Photograph: Marcelo del Pozo/Reuters)

Spain’s economy expanded at its fastest pace in seven years in the fourth quarter, defying the threat of deflation as lower prices helped boost domes(...)

European Central Bank (ECB) president Mario Draghi and Vice President Vitor Constancio (left) leave after addressing an ECB news conference in Frankfurt. Photograph: Kai Pfaffenbach/Reuters

Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, a day after the European Ce(...)

Sky and Telefónica are said to have been talking since late 2014

Sky has approached Telefónica about a possible alliance with the Spanish telecoms group’s British mobile phone business, a move that would push the sa(...)

The NTMA building. The agency has sold seven-year bonds worth €4bn.

The NTMA has borrowed €4 billion in the bond markets at an record low interest rate of 0.867 per cent. The successful sale of the seven-year bond mean(...)

It is understood that the bond offering could be launched and priced as early as today. Photograph: Eric Luke

The National Treasury Management Agency is planning to raise between €3 billion and €4 billion this week as part of a syndicated bond transaction. T(...)

Michael Noonan: reiterated his recent comments that the Government was in no rush to offload some or all of its 99.8 per cent shareholding in AIB

The Department of Finance has tendered for an adviser to assist it in dealing with its strategic options for AIB. It will choose from one of the thre(...)

Michael Jeffries stirred controversy when he said Abercrombie’s clothes were not meant for “fat” people. Photograph: Shannon Stapleton/Reuters

Abercrombie & Fitch Co chief executive Michael Jeffries, who transformed the logo-centric clothing retailer from a drab sports brand into a fashio(...)

Ireland is fully pre-funded through to the end of 2016 after resuming regular bond auctions this year

The National Treasury Management Agency (NTMA) received over €8 billion of bids for a new 15-year bond it was selling via syndication on Tuesday as i(...)