Latest Madrid News

'El Gordo' lottery in Spain spreads Christmas riches worth $2.8 billion

Dec. 22, 2024 08:43 AM EST

MADRID (AP) — For weeks, Spaniards had anticipated the arrival of “El Gordo” or "The Fat One." But unlike Santa Claus, El Gordo arrived three days before Christmas, before noon on Sunday. El Gordo is the first prize of Spain’s hugely popular national...

What to know about the legal cases circling Spain’s prime minister that he calls a 'smear campaign'

Dec. 03, 2024 04:31 AM EST

MADRID (AP) — Spanish Prime Minister Pedro Sánchez was reelected as secretary-general of his Socialist Party over the weekend despite corruption probes besetting his inner circle. One of Europe’s longest-serving leaders, Sánchez has displayed adroit negotiating skills to stay...

A criticized Airbnb deal will let users play gladiator in Rome's Colosseum

Nov. 14, 2024 23:02 PM EST

ROME (AP) — The ancient Roman Colosseum will be the venue of gladiator fights — albeit staged — for the first time in two millennia under a $1.5 million sponsorship deal with Airbnb that aims to promote “a more conscious tourism.” But some visitors to the monument Thursday,...

Spain's catastrophic floods by the numbers: At least 219 dead, 93 missing and billions in damage

Nov. 07, 2024 16:56 PM EST

MADRID (AP) — The catastrophic torrential rains that overflowed rivers and normally dry canals in eastern Spain last week triggered flash floods that submerged entire communities and killed scores of people. The deluge left behind a landscape of devastation, especially in...

Telefonica: Q3 Earnings Snapshot

Nov. 07, 2024 14:25 PM EST

MADRID (AP) — MADRID (AP) — Telefonica SA (TEF) on Thursday reported earnings of $11 million in its third quarter. On a per-share basis, the Madrid-based company said it had net loss of 1 cent. Earnings, adjusted for non-recurring costs, were 12 cents per share. ...

Spanish authorities raise death toll from devastating flash floods to at least 205

Nov. 01, 2024 08:11 AM EDT
MADRID (AP) — Spanish authorities raise death toll from devastating flash floods to at least 205.

Banco Bilbao: Q3 Earnings Snapshot

Oct. 31, 2024 13:25 PM EDT

MADRID (AP) — MADRID (AP) — Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) on Thursday reported third-quarter net income of $2.89 billion. The Madrid-based bank said it had earnings of 48 cents per share. The bank posted revenue of $9.58 billion in the period. Its...

Spanish state news agency EFE says the death toll from flash floods has reached 140

Oct. 31, 2024 10:47 AM EDT
MADRID (AP) — Spanish state news agency EFE says the death toll from flash floods has reached 140.

Banco Santander: Q3 Earnings Snapshot

Oct. 29, 2024 14:19 PM EDT

MADRID (AP) — MADRID (AP) — Banco Santander SA (SAN) on Tuesday reported net income of $3.57 billion in its third quarter. The Madrid-based bank said it had earnings of 22 cents per share. The financial holding company posted revenue of $16.63 billion in the...

A comparison of Mbappé's Real Madrid and Yamal's Barcelona ahead of their first clasico

Oct. 24, 2024 08:58 AM EDT

BARCELONA, Spain (AP) — When Real Madrid added Kylian Mbappé, Barcelona looked doomed to becoming a regular runner-up to its fierce rival. Then Hansi Flick arrived with fresh ideas, Lamine Yamal blossomed into a star, his teammates stepped up their game, and Saturday’s clasico...