A pain in the tooth

The FINANCIAL -- Researchers discover why cold induces tooth pain and hypersensitivity — and how to stop it. Researchers report in Science Advances that they have uncovered a new function for odontoblasts, the cells that form dentin, the shell beneath the tooth’s enamel…

7 mins read

More Spanish beauty shoppers despite lower spending

The FINANCIAL  — One sector that has already begun to notice the effects of the “new normal” is the beauty industry. After the free fall of sales revenue during lockdown, which showed a decline of 18.8% from the previous year, there are now…

3 mins read

EIB and IFD finance elderly care infrastructure upgrade with €200 mln

The FINANCIAL — The European Investment Bank (EIB) and the Instituição Financeira de Desenvolvimento (IFD) have joined forces to finance a €400 million investment programme aimed at upgrading infrastructure for long-term and elderly care across Portugal, involving approximately 150 projects. The funds…

5 mins read

Accenture acquired cloud-native provider Enimbos

The FINANCIAL — Accenture (NYSE: ACN) has acquired Enimbos, a Madrid-based provider of cloud migration and related services, enhancing its Amazon Web Services (AWS) capabilities, multi-cloud strategy and cloud migration services in Spain and Portugal. The acquisition follows Accenture’s recent announcement of a US$3 billion investment…

3 mins read

OECD unemployment rate down to 7.4% in August 2020

The FINANCIAL — The OECD unemployment rate fell by 0.6 percentage point in August, to 7.4%, but remained 2.2 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. 48.4 million persons were unemployed in the OECD area, 13.5…

2 mins read

FMCG is forecasted to grow in Spain

The FINANCIAL —  FMCG is continuing to record double-digit growth so far this year in Spain, with an increase of 13.7% compared to the same period in 2019. This is all the more significant compared to the growth of 1.03% in 2019 vs…

2 mins read

Spanish-made unmanned aerial vehicles will equip Georgian Defence Forces

The FINANCIAL — The Ministry of Defense of Georgia bought Spanish-made unmanned aerial vehicles. The purchase of drones follows recently announced defence projects under Garibashvili’s initiative, for update and modernisation of various assets of the defence forces. Defense Minister visited the Marneuli Air…

4 mins read

Hundreds of tourists are placed in quarantine in Tenerife

The FINANCIAL — Hundreds of holidaymakers, mainly from northern Europe, are placed in quarantine as a result of an outbreak of the novel coronavirus in Tenerife which is  the most populated island of Spain. Authorities in Tenerife said Wednesday that 106 of the…

5 mins read