Madrid Times

Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria

A resident near Ryahovo found bones on the newly exposed riverbed as a severe Central European drought disrupted shipping, tourism and energy operations.

US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces

US Central Command said dozens of Iranian targets were hit after missiles were fired towards US forces in Jordan, while Iranian media reported civilian deaths on Qeshm island.

The Great Economic Shift: How China's Tech Surge is Overpowering Germany's Industrial Decline

As the historic German battery giant Varta files for insolvency following the loss of key Apple contracts, China's CXMT achieves a meteoric stock market debut, signaling a massive global pivot in semiconductor leadership.

Apple Briefly Crosses Five Trillion Dollar Mark as Investors Favour Restraint on AI Spending

The iPhone maker reclaimed its position ahead of Nvidia after a rotation out of chip shares sharpened investor interest in its cash-generative business model.

Spanish Cities Expand Cooling Centers During Heatwave

Municipal authorities in Madrid, Seville, Valencia, and Zaragoza strengthened emergency heat measures by increasing access to air-conditioned public spaces and cooling infrastructure for vulnerable residents.

Spanish Tourism Remains Strong Despite Extreme Summer Heat

Tourism and hospitality groups reported robust visitor numbers across coastal destinations and the Balearic and Canary Islands, with international demand remaining resilient through the summer season.

Telecom Operators Expand High-Speed Networks in Rural Spain

Major telecommunications providers continued rolling out fiber-optic and 5G infrastructure across underserved communities to improve digital connectivity in rural regions.

Spanish Universities Attract More International Students and Research Funding

Universities in Madrid, Barcelona, and Valencia reported increased international enrollment and additional European Union funding for clean technology and quantum computing research.

Spanish Public Institutions Expand Artificial Intelligence Applications

Research institutions and technology agencies accelerated the use of domestically developed artificial intelligence systems to improve public administration, citizen services, and judicial document processing.

Spain Launches National Breast Cancer Risk Research Project

The Ministry of Science is funding a nationwide study using clinical and genetic data from 10,000 women to develop personalized breast cancer risk prediction models.

Spain Distributes Two Million Eclipse Glasses Ahead of August Solar Eclipse

The Ministry of Science and the ONCE Social Group began distributing two million certified solar viewing glasses to help the public safely observe the total solar eclipse on August 12.

Indra Outperforms Spanish Stock Market on Defense Demand

Defense and technology company Indra led gains on the Spanish stock market as investors responded to sustained growth in European defense spending.

Airbus Posts Strong Profit Growth on Rising Defense Orders

Airbus reported a 47% increase in first-half net profit as military orders surged, reflecting continued strength in the aerospace and defense sector.

ACS Delivers Strong First-Half Results on Global Infrastructure Demand

Construction and infrastructure group ACS reported higher revenue and operating profit, driven by solid performance in international highway concessions and engineering operations.

Prisa Boosts Earnings as El País Digital Subscriptions Grow

Media group Prisa reported a 70% increase in first-half EBITDA, supported by continued digital subscription growth that lifted *El País* above 480,000 subscribers.

Deoleo Reports Sharp Profit Growth After U.S. Tariff Refund

Olive oil producer Deoleo increased first-half net profit more than elevenfold after receiving a €13 million reimbursement linked to the removal of previous U.S. import tariffs.

Spanish Stock Market Falls as Middle East Tensions Lift Oil Prices

Spain's benchmark IBEX 35 index recorded its biggest decline in three weeks as higher crude oil prices and corporate earnings weighed on investor sentiment.

Spain Chooses Zaragoza as Headquarters for New National Health Agency

The Council of Ministers formally approved Zaragoza as the permanent home of Spain's National Health Agency, expanding the decentralization of major public institutions beyond Madrid.

Scientists Call for Stronger Wildfire Prevention Across Spain

Environmental experts urged Spain to accelerate rural land management, vegetation clearing, and wildfire prevention measures, warning that climate change is increasing the frequency and severity of major fires.

Thousands Return Home as Major Spanish Wildfires Stabilize

Emergency services confirmed that large wildfires in Madrid, Ávila, and Castellón have been brought under technical control, allowing around 25,000 evacuated residents to return while monitoring continues.

Spanish and French Leaders Coordinate Wildfire Recovery Support

Spain and France agreed to coordinate disaster relief measures, including financial assistance for affected communities, infrastructure reconstruction, and support for tourism-dependent businesses damaged by severe wildfires.

Spain's Unemployment Falls Below 10% for the First Time in 18 Years

Official labor market data showed Spain's jobless rate dropped below the 10% threshold after six consecutive quarters of strong employment growth, marking the country's lowest unemployment level since 2008.

Spain Restricts Agricultural Machinery Use to Reduce Wildfire Risk

The Interior Ministry imposed a temporary ban on harvesting machinery during the hottest hours of the day in Madrid, Ávila, and Toledo as authorities sought to prevent new fires during extreme heat conditions.

Spain and European Investment Bank Develop Funding Plan for Thirty Meter Telescope

Spain and the European Investment Bank outlined a financial framework capable of mobilizing up to €1 billion to support construction of the Thirty Meter Telescope in La Palma if the Canary Islands are selected as the project's final loca...

Prime Minister Pedro Sánchez Highlights Spain's Economic Growth and Job Creation

Prime Minister Pedro Sánchez said Spain has remained the fastest-growing major economy in the European Union for nearly three years, pointing to unemployment below 10% and employment gains of 3.4 million jobs since 2018.

Spain Approves €17.9 Billion Power Grid Expansion Through 2030

The Ministry for Ecological Transition authorized €17.9 billion in electricity transmission investments through the end of the decade to expand grid capacity and support the rapid growth of renewable energy generation.

Spain Declares 211 Disaster Zones After Devastating Wildfires

The Spanish government designated 211 areas across 14 autonomous communities as disaster zones following wildfires that burned more than 150,000 hectares, unlocking emergency funding and assistance for affected municipalities and displac...