Cirsa, Spanish multinational leader in the gaming and leisure sector, faces a new transformation barely fourteen months after its IPO. The company founded in Terrassa will be absorbed by the Italian Lottomatica in a deal that will create the second largest publicly traded gaming and sports betting group in the world, with a combined adjusted EBITDA close to 2 billion euros.
The month of August once again records negative data for employment, as is usual in an economy as seasonal as the Spanish one. The end of the high tourism season and the loss of affiliations in the education sector cause registered unemployment to have increased by 44,419 people, double that of August 2025 (it rose by 22,000 people) while the number of Social Security affiliates decreased by 162,840 employed compared to July, down to a total of 22,345,226 affiliates.
The story explains that the meetings of the Finance Ministers and Central Bank Governors of the G-20 are usually not exciting.
The Council of Ministers has approved today the appointment of Leire Iglesias as the new Secretary of State for Housing, according to government sources. With extensive experience in housing policies, Iglesias was already part of the trusted team of Minister Isabel Rodríguez. Specifically, she was in charge of the transformation of Sepes into the new public housing company, Casa 47, of which she was president. She now takes on greater responsibilities in a key ministry for the remainder of the legislature.
Prices continue their rise in the eurozone. The figure climbed to 3.3% year-on-year in August, four tenths higher than the previous month and its highest level in more than three years, since September 2023. According to the figures presented today by Eurostat, prices are rising driven by energy, which has been impacting continental lands since the beginning of the conflict in the Middle East. The cost of energy soars by 14.3%.
Spain is a highly competitive market for supermarket chains that want to operate here. Under the shadow of Mercadona’s absolute leadership, the fight for market share is brutal and private label brands (commonly known as store brands) are a key tool to gain tenths each month. Thus, the latest report from Worldpanel by Numerator (formerly Kantar) on fast-moving consumer goods (FMCG), which dominate supermarket shelves, points out that establishments that bet on these own brands in their assortments are improving their share more than their competitors.
From the apartment or bungalow on the coast to the rural house or glamping in the mountains. The Spanish tourist has made non-hotel accommodations one of their usual ways to spend vacations, and last July they were also the ones who sustained its growth, against the decline of foreign tourists. Specifically, their overnight stays increased by 4.2%, while those of international travelers fell by 2.2%. The sector thus exceeded 22.5 million nights across the country, 0.9% more than a year ago according to provisional INE data for July, in a summer once again marked by rising prices.
The electricity bill for August will be the most expensive in the last four years for consumers whose bill is referenced to the regulated electricity tariff, known as PVPC. According to the analysis carried out by FACUA-Consumers in Action, the electricity bill for the average user with this tariff has reached 96.65 euros in the month ending today, representing an increase of 19.8% compared to the 80.71 euros paid exactly one year ago. And you have to go back to October 2022 to find a higher bill, when it reached 103.34 euros.
On the eighth day of the trial and with Mark Zuckerberg about to testify, Meta reached an agreement with the attorneys general of 52 U.S. jurisdictions. It will pay about $17 billion over ten years and will change the operation of Instagram and Facebook for minors. The figure…
The Magnificent Seven –Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla– maintain their strength with a combined profit of $557 billion –or €480 billion– in the first half of the year, once Nvidia’s results are known. It is more than triple (258%) compared to the same period in 2021, before ChatGPT and the AI fever emerged, which have benefited them and at the same time cast doubt on them, without disrupting their stability for now. A colossal figure despite covering only six months. Behind the strong rise is mainly Nvidia, which has gone from being just another listed company to a monster: it earns 28 times more, with over $100 billion up to June.
