BBVA-Sabadell merger plans aided by ECB’s policy of creating European champions
This is the second attempt at a tie-up between both Spanish lenders in a market that has gone through several waves of consolidation since the global crisis of 2008
Growth of China’s automotive sector in Mexico worries the US
Mexico is the second-biggest market for Chinese-made cars after Russia. The intention of Beijing-based companies to open assembly plants in the Latin American country has alarmed legislators in the United States
Claudia Goldin wins Nobel Prize in Economics 2023
The Royal Swedish Academy of Sciences awarded the Harvard professor ‘for having advanced our understanding of women’s labour market outcomes’
Why are central banks insisting on a 2% inflation target, a percentage that was born in New Zealand?
Inflation expectations are still high despite the squeeze on monetary policy. A target of 3% would be more in line with the economic reality left by the pandemic and climate change, but it is not possible right now
John Jumper (DeepMind): ‘Drug development is stalled, mostly because we don’t understand how life works’
The recipient of the BBVA Foundation’s Frontiers of Knowledge Award recognizes the pressing need to consider the risks associated with artificial intelligence