business

Airbus leaves its aircraft engines in the hands of others. With hydrogen he has decided to enter that business

by

Airbus has built some of the world’s most important commercial aircraft for decades, but its engines have always come from outside. Rolls-Royce, GE Aerospace, Pratt & Whitney and CFM International have occupied that specialized space, while the European manufacturer concentrated on design, integrate and assemble the aircraft. That separation has been one of the unwritten rules of the industry. Now, the search for a hydrogen-powered plane has led the group to cross a border that until today it had preferred to keep intact. The movement will take shape, if it overcomes the pending steps, in a joint venture between Airbus and MTU Aero Engines. Its objective will be to bring together in a single organization the development, testing, certification and commercialization of a fully electric propulsion system powered by hydrogen fuel cells. For now, both companies have signed a non-binding agreement and the operation remains subject to regulatory authorizations and the corresponding labor consultation processes. The forecast is that the new company will begin operating in 2027. Airbus wants to manufacture the heart of its future hydrogen plane The operation represents Airbus’s first foray into the manufacture of complete aeronautical engines. The step breaks with a model in which manufacturers define and integrate the aircraft, but leave the propulsion in the hands of specialized companies. The European firm does not intend to compete with them in the conventional engines that its models currently use. Its entry will be limited, at least for now, to a technology still in development that Airbus and MTU want to transform into an industrialized and certifiable system. The two partners come to the project from complementary positions. Airbus brings its knowledge of commercial aviation programs and its experience in fuel cell and liquid hydrogen propulsion; MTU adds capabilities in engine design, integration, validation, certification and maintenance. The final terms of the future partnership are still being negotiated. The Financial Times maintainsbased on two sources close to the talks, that the European manufacturer would have close to 75%, that the valuation could exceed 1.2 billion euros and that both parties are inclined to install it in Germany. Recreation of the ZEROe turboprop concept presented by Airbus in 2020 The initiative also reflects how ZEROe has changed since its launch in 2020. Airbus initially aspired to introduce a hydrogen aircraft around 2035, but ended up recognizing that the technology and the necessary ecosystem would not advance in time to meet that horizon. The British newspaper now places the launch in the 2040s and claims that the readjustment included a budget reduction and the reassignment of staff. After reviewing the program, the group decided to prioritize an all-electric architecture based on fuel cells. The prioritized architecture would not burn hydrogen inside a turbine. The fuel, stored in a liquid state, would power fuel cell systems that would electrochemically combine it with oxygen to produce electricity; That energy would later reach the electric motors responsible for moving the propellers. It should not be confused with the direct combustion demonstrator that Airbus and CFM International had planned to test on an A380. That was a different technological path. The system would not produce direct CO₂ emissions during the flight and would have water as a byproduct of the reaction. The announcement does not immediately bring a hydrogen plane closer to airports. As we say, the future society must still be established, convert the research and results of the demonstrators into an industrialized and certifiable system, and face obstacles ranging from weight and cooling to fuel supply. There is also no assigned model nor a confirmed commercial calendar. Images | Airbus In Xataka | Spain promised them very happy with the European hunting megaproject. Until a rival appeared out of nowhere: Italy

Renfe thought of France as its great business for the future. Already looking at Portugal thanks to a 19th century decision

by

“Portugal is a great opportunity for Renfe.” These are the words that summarize the company’s intentions for the medium-term future, according to Expansion. The newspaper assures that the Ministry of Transportation aspires to turn the neighboring country into the company’s new big business. And the secret is in its track width. “A great opportunity”. “Portugal represents a great opportunity for Renfe. With the 15 units of the Series 106, it will have 30 high-speed trains of variable gauge to which the 13 compositions of the new Series 107 will have to be added in the coming months. In total, 43 trains that are also intended to be approved for circulation in Portuguese territory.” These are the words with which, according to Expansionthe Ministry of Transport defends the change in strategy outside the Spanish borders. The company has been looking for a place in France for some time but This country is putting up all possible barriers to hinder its expansion through French territory. The alternative now passes through Portugal and the gauges have a lot to do with it. The Avrils. At the beginning of July, Talgo and Renfe reached an agreement regarding their Avril trains. These trains have been a headache for Renfe because Talgo has delivered them late, they have presented numerous breakdowns and incidents and they even had to be removed from Madrid-Barcelona because they cracked. The great theoretical advantage is that they are trains that, with the necessary equipment, can jump between the Iberian and international gaugethe European standard for high speed. This allows them to be the only trains that operate the Madrid-Galicia without the need to transfer between trains. This gives it a strategic advantage over Ouigo and Iryo in the face of the upcoming liberalization of these routes. In the agreement, Renfe and Talgo decided that the Avril trains that operate with international gauge were going to be adapted to be able to make this track jump. The cost exceeds 130 million euros but it will allow Renfe to move its trains throughout the national territory… or the entire Iberian Peninsula. A strategic change. With the announcement of this agreement, from the Ministry of Transport they indicated that “Renfe “It will be the only operator with the capacity to provide international high-speed rail services with Portugal, which gives it a clear competitive advantage to lead the Iberian train market.” The phrase is not coincidental. The initial intention was to dedicate some of the trains received from Talgo to France, but the company is encountering so many problems in homologating them that it has shifted its projection to Portugal. And the Portuguese country seems to be a perfect market for the company taking into account its track widths. And the connection between Madrid and Lisbon, which should be completed in 2030 but reach minimum travel time in 2034it has to be built under instructions from the European Union using international gauge. However, the Lisbon-Porto line is being built with Iberian gauge, which limits the Madrid-Lisbon-Porto connection to a single train. The Iberian exceptionality. The situation is complex. The Portuguese railway, like the Spanish one, grew around the Iberian gauge. This isolated both countries from the rest of the continent in this sector but the European Union is working so that the exceptionality is, in part, eliminated. That is why in the agreement reached in October 2025 there is the obligation to bring the international width to Madrid-Lisbon. However, nothing has been said of the high-speed line that Portugal is building between Lisbon and Porto. This line is supported by Iberian gauge and will reach the Spanish border with said gauge. This makes it very difficult for new companies to enter.as we have seen in Galicia. But Renfe has the ace up the Avrils’ sleeve. And since these trains can jump between gauges, Portugal opens up as a very attractive market to expand operations, with trains that can cover Madrid-Oporto passing through Lisbon. Something that no other company in the world can do right now.. Photo | Annie Spratt and Nelson Silva In Xataka | Spain aspires to its most ambitious railway challenge: Madrid-Barcelona in less than two hours. And you have already taken the first step

DeepSeek no longer wants to compete only with models. Its new front aims directly at NVIDIA’s business, according to Reuters

by

In just over a year, DeepSeek has stopped sounding like a rarity in the Chinese industry to become one of those names that already appear every time we talk about the global race in artificial intelligence. First we look at it for its models, for its efficiency and for the shock it caused beyond China. Now the question begins to move to another terrain: what happens when a company that competes in software understands that the next advantage may be in the chips that make it possible to execute that AI on a large scale. The jump to hardware. The information that opens this new front comes from Reuters. The agency assureda, citing three people familiar with the matter, that DeepSeek is developing its own artificial intelligence chip, aimed at inference tasks and not training new models. We will see the technical nuance immediately, because it changes the reading of the movement quite a bit. For now, caution is mandatory: DeepSeek has not publicly confirmed the project would be in an early phase and the company did not respond to the agency’s request for comment. The key is in inference. The easiest way to understand this is to think about what happens after training. Once the model is built, every question we ask and every answer we receive requires putting it to work again. It is not an isolated operation, but a routine that is repeated millions of times if the product works. That is why a chip designed for that phase does not aim so much at technical prestige as at something more earthly: making using AI cheaper, faster and less dependent on third parties. The move is best understood if we look at what DeepSeek has depended on so far. The company has used chips from NVIDIA and Huawei to train and run its models, including the base that held R1, trained on NVIDIA H800a chip designed for the Chinese market whose export to China was banned by Washington at the end of 2023. Since then, DeepSeek has increasingly relied on Huawei: In April it launched its V4 model adapted to Ascend and Huawei said its processors were used in part of V4-Flash training. DeepSeek is no longer a footnote: Until not so long ago, the global debate on AI seemed to revolve almost entirely around American companies such as OpenAI, Google, Microsoft, Meta or Anthropic. DeepSeek changed part of that conversation by demonstrating that China could also produce models capable of circulating outside its domestic market and force the industry to look towards Hangzhou. Recall that the company was widely celebrated in China as a national AI champion. The trend is already seen in a good part of the sector. Google has been developing its TPUs for years, Amazon has Inferentia for inference payloads, Microsoft has Maia and Meta works at MTIA. Reuters also cites two recent movements especially close to the case: OpenAI announced its Jalapeño chip with Broadcom in Junealso oriented to inference, and Anthropic was considering designing its own chips. The pattern is quite clear: large AI companies want to rely less on third-party providers and better control the cost, performance and availability of the computing that powers their services. The big obstacle is manufacturing it. Designing a competitive chip is not the same as wanting to have it. Developing an AI accelerator typically requires years, a lot of capital, and a network of design, foundry, and memory partners. For a Chinese company, furthermore, the problem does not end at the technical level: US export controls limit access to the most advanced foreign factories and also to high-bandwidth memory, a key component for this type of chips. Times change. NVIDIA arrived at the AI ​​boom with an advantage built over decades: in 1999 it launched the GeForce 256, presented by the company itself as the industry’s first GPU, and in 2006 launched CUDAthe architecture that helped take the parallel processing of its chips beyond graphics. When the models started requiring massive amounts of compute, I already had the hardware and ecosystem in place. For years, for much of the industry, competing in AI meant going through its chips. What the DeepSeek case suggests, with all caution, is that this dependency is beginning to have cracks. Images | Xataka with Nano Banana In Xataka | Samsung earns 19 times more than a year ago. Investors have reacted by sinking the stock 7%

The business ‘Dream Team’ repeats as the best company and the highest valued manager in Spain

by

If we think about which Spanish company is the best ratedit is very likely that Inditex, Mercadona, Banco Santander or Repsol are among the most repeated. The same thing happens when we talk about entrepreneurs who have founded them or managers who direct them. Names like Amancio Ortega, Juan Roig or Ana Botín are the first that come to mind. For the last 25 years, the corporate reputation business monitor Merco make a ranking with the best valued companies and managers in the country. In its 26th edition of Merco Empresas, the duo Inditex and Juan Roig have remained immovable on the podium as a company and manager best rated from Spain. Inditex, again at the top One more year, Inditex tops the list of the 200 companies with the best reputation in Spain. They are closely followed by Mercadona and Grupo Social Once, which complete a podium that barely changes from one year to the next. The Merco Empresas study is prepared based on 65,000 surveys, seven evaluations and 29 different sources, as detailed by the Merco Empresas study. Merco report. In fact, the top 5 of 2026 has not moved one place compared to the 2025 edition. But from sixth place onwards changes do appear. Caixabank rises two positions compared to the 2025 ranking and enters the top 6. The insurer Mapfre also improves its rating, going from tenth to eighth place, achieving 7,111 points from the experts. Coca-Cola, on the other hand, loses four positions and falls to tenth place. Repsol, Iberdrola, Caixabank, BBVA and Santander complete the top 10 best valued Spanish companies. Juan Roig, eight years unbeatable Something very similar happens in the leader ranking. Juan Roig, president of Mercadona, repeats as the highest-rated executive in Spain for the eighth year in a row, as confirmed by himself leader ranking. Ana Botín, executive president of Banco Santander, follows closely behind. Closing the top 3 is Amancio Ortega, followed by Marta Ortega, founder and non-executive president of the Inditex group respectively. This block already has several editions without changing ordersomething unusual in a ranking that measures public perception and not just the figures on a balance sheet of financial results. From fifth place onwards there are new developments. Josu Jon Imaz (Repsol) rises to sixth place and Pablo Isla (Nestlé) enters seventh. Isidre Fainé and Gonzalo Gortázar (CaixaBank) also climb positions compared to the previous year. Antonio Huertas (Mapfre) slips into tenth place after climbing five steps. Florentino Pérez (ACS Group) and María Dolores Dancausa (Bankinter), on the other hand, leave the top 10 this year. From the analysis of this reputation list, two clear conclusions can be drawn. The first is that both Mercadona and Inditex, as well as their directors and founders, are two examples of business success not so much for its good growth figuresbut for having achieved connect with your customerswhich are those that are taken into account in this type of listings. On the other hand, it is striking how the personality or image that a manager projects can even be above the perception levels of the company he or she directs. That is to say, the public recognizes the work of a manager like Ana Botón, placing her in second position but, on the other hand, Banco Santander has not achieved the same connection with users than its president, maintaining ninth position in the company ranking. Amancio Ortega, the boss who no longer commands but continues to weigh Amancio Ortega left the executive presidency of Inditex in 2011 and does not even have a management position in its investment arm Pontegadea. Since then he has lived away from the spotlight in La Coruña. But its shadow is still very long. Ortega continues to be the largest shareholder of the group, with more than 59% of the capital through Pontegadea, and will collect this year a record dividend of more than 3,234 million euros. Furthermore, he remains the only Spaniard among the ten richest in the world, according to the Forbes list of 2026. Ortega no longer signs decisions on a day-to-day basis at Inditex, however, even after his retirement, his name continues to occupy a prominent place in the ranking of managers best valued by the public. In Xataka | Mercadona is doing the opposite of other large companies: freezing Roig’s salary to reinvest it Image | GTRES, Mercadona

The World Cup has turned bar terraces into the big business of the summer. In Asturias this has opened a thorny debate

by

The World Cup is much more than football. Each ‘La Roja’ match is also an event capable of paralyzing the country and a lifeline (wink, wink) for a sector, the hospitality sector, that deals with changes in consumption of alcohol and the growing competition from the merchants. However, bars do not have it equally easy in all cities when it comes to exploiting the World Cup gold medal. Although in much of Spain it is allowed to take TVs out to terraces to broadcast matches, the requirements of the town councils do not always coincide. In fact there are consistories that prohibit the use of screens outdoors. One figure: 30%. Spain is a football country. That is not debatable. When we talk about hospitality, however, football is much more than a sport or a passion: it is above all a powerful economic lever. The employers’ association of the sector calculates that the businesses that broadcast the World Cup will skyrocket their cash between 25 and 30% on match days. What’s more, Hospitality of Spain estimates that if ‘la Roja’ reaches the final it will inject 130 million extra to your billing. Terrace slopes. In view of these figures and in the midst of the dog days, it is easier to understand why bars in a good part of Spain have asked for permission to, exceptionally, put televisions on their terraces. Their proposal is very simple: given the interest aroused by the tournament and how overwhelming crowds in closed venues can be, they want to install screens outside to broadcast ‘La Roja’ matches. More comfort, more income. It’s nothing exceptional. What is striking is that this request has not received the same response in all city councils in Spain. While some councils They have given the green light to the installation of TVs on terraces, imposing only some restrictions, others they have closed in band to that possibility arguing that it would go against noise regulations. There are also town councils that allow the installation of screens outside the bars, but require that all matches be broadcast. no sound. The case of Asturias. Although the topic has generated headlines throughout the country, probably the most interesting case is that of Asturias. There the hotel management association OTEA headed to the town councils requesting permission so that customers of bars and restaurants could follow the World Cup matches from the terraces, through TVs. In cities like Oviedo either Gijon The restaurateurs received the green light (with certain conditions), but other councils have told them no. It is the case of Aviles and Langreowho have decided that the bars’ request clashes with other prioritiessuch as the “right to rest” of the neighbors. “It is not possible to authorize non-compliance with the Law 37/2003of November 17, of noise, since the exemption from compliance with the acoustic emission and reception indicators on terraces (…) would be an action null and void,” states a resolution published by the town of the Nalón region. Click on the image to go to the tweet. The law is made… cheated, as the saying goes. That the local authorities are not convinced by the installation of screens on the terraces does not mean that the hoteliers of Langreo or Avilés have not looked for a way for their clientele to enjoy the games from the terraces without breaking the regulations. So reveals it The New Spainwhich tells how yesterday in Avilés there were bars that placed their screens strategically, next to their windows and facing the street, so that customers sitting on the terraces could follow the game. “We always meet at this bar. What seems incredible to me is the City Council’s rule of not playing loudly,” commented one of the clients who followed the meeting of Spain and Saudi Arabia from outside a bar in Avilés. It is not the first time that an international football tournament is accompanied by controversy in the Asturian hospitality industry. It happened two years agowhen OTEA disgraced the Avilés and Gijón City Councils for their decision to install giant screens in public spaces to follow the Euro Cup final. Beyond the criticism for the loss of customers, in the case of Avilés the hoteliers recalled that shortly before the City Council had prohibited them from doing something similar on their terraces. One dilemma, several answers. The most curious thing is that, although the laws on noise pollution are common to the entire country, not all councils have responded in the same way to the hoteliers’ request. In Toledo, for example, they has given the green lightbut on condition that the equipment works without sound. The only exception is venues licensed for music installations. In Albacete, the City Council has also authorized outdoor screens during ‘la Roja’ matches, the semi-finals and the final on July 19, but with an important fine print: whether or not the matches have ended, the TVs must be silent at midnight and in the Special Acoustic Protection Zone (ZPAE) the devices will not be able to emit sound even in the afternoons. Something similar happens in Salamanca. In any case, for hoteliers these are better conditions than those imposed by Teruel. Over there, COPE chain advancesrestaurants have found a response similar to that of Avilés. World yes, but with control. In general, even the most permissive city councils impose limits on match broadcasts: screens on terraces are usually allowed only for ‘special’ events, such as matches played by Spain, the semi-finals or the final in July, and even in those cases limits on noise and time restrictions apply. In the case of the capital, Hostelería Madrid assures that article 11 of the evening terrace ordinance prevents the installation of televisions outside the premises, which makes it difficult for bars and cafes to make the tournament profitable. Image | Jorge Franganillo-Flickr (Image taken in Lisbon in 2024) In Xataka | 24 years ago Oliver Kahn sued EA and won. Then a new goalkeeper appeared in football games: Jens … Read more

An artisanal cheese factory in California was on the verge of bankruptcy. Today it is a buoyant business thanks to something: AI agents

by

North of San Francisco there is a city called Petaluma where there is a cheese factory with the same name. Petaluma Creamery has more than a century of history and generated $50 million in its golden age, but several factors caused it to be on the verge of disappearing. The story of their salvation is proof that AI does not always come to destroy jobs, it can also save businesses. A legendary cheese factory about to disappear. They count in Fortune that Larry Peter bought Petaluma Creamery in 2004 when the cooperative was about to close. It was he who turned it into a renowned brand that supplied hundreds of supermarkets and restaurants. After more than a decade of success, 2020 was the beginning of the end: the pandemic caused orders to drop, Larry had health problems and they lost Chipotle, one of their most important clients. The computer cousin. It’s not a meme. Larry Peter had a cousin, Daniel Peter, who was not a computer scientist but something even better: 17 years working at Salesforce implementing planning systems for manufacturers. Furthermore, he had just taken a sabbatical so it was the perfect opportunity and he ended up becoming the CTO of the cheese factory (goodbye, sabbatical). What Daniel found was a company that operated in a completely archaic way. All orders were recorded on paper, but invoices were entered in QuickBooks, an accounting software. The problem is that each of the more than 150 items had a code that employees had to know by heart, such as CY for yellow cheddar. As if that were not enough, it was invoiced in pounds, but the orders were always boxes or pieces. Goodbye, gap year. First step: digitize. The first thing the company’s new CTO did was install fiber optic internet and began taking all the data accumulated over decades to the cloud. Once everything was digitalized and the house was tidy, Daniel built an operating system based on Salesforce and the Agentforce AI platform. This is where things got interesting. AI agents to the rescue. With the house now in order, the intelligence layer was added and different tools were created to run the business. The first thing he did was load the jungle of codes for each article and replaced it with one that allowed searching with natural text. In addition, it automatically transforms boxes or pieces of cheese into pounds, making order registration a much faster process. Another of the agents that he implemented is capable of predicting what a customer is going to order based on the purchase history, so orders can be placed faster and if a customer forgets something the system remembers it. There is also an agent who plans delivery routes that can be modified with natural prompts and, finally, an agent is dedicated to controlling the traceability of the milk, recording data such as weight, temperature, time and origin. The human touch. AI agents improved the entire company’s operations, but there is one thing they do not know how to do and that is search for clients. For this, Larry Peter had the help of Kevin Goddard, who worked as a salesperson in the sector for decades. The result of joining their network of contacts with the new tools, managed to make the company go from having only 13 clients to more than 300. Petaluma Creamery is still far from billing 50 million at its peak, but they already plan to reach 10 million next year. The future. AI is reconfiguring the labor market and in many cases that translates into massive layoffsbut this is not always the case and the story of this cheese factory shows the other side of automation and AI. “It is very likely that this place would not exist without her” says Daniel Peter, the CTO cousin. In the end, it seems that he liked life between the factory and the farm and the sabbatical year is going to last a little longer than expected. Image | Petaluma Creamery In Xataka | Enterprises have successfully embraced AI agents. So much so that they are drowning in them

a $600,000 business

by

At the beginning of the 20th century, thousands of women demanded a birth en masse called twilight sleep: a mixture of morphine and scopolamine that did not take away the pain, but it did erase the memory. It was one of the first major female rebellions to demand that medicine take their suffering seriously. More than a hundred years later, that battle is still open in another stage of life. The big hole in women’s health. Melinda French Gates has recently focused on a figure that, by itself, sums up a systemic failure: women live on average nine more years in poor health than men. It’s not just about longevity, but about quality of life lost right in the middle decades, when many are at the peak of their career, raising children or supporting entire families. For Gates, the problem is not biological, but structural: medicine has historically treated the male body as a default model and has left huge gaps in knowledge about inevitable stages like perimenopause and menopause. Its conclusion is devastating: half the planet is going through this process and, even so, the system continues to act as if it were a marginal issue. A business of 600,000 million. That is where the paradox that Gates has detected appears. As menopause becomes a esteemed market at 600,000 million dollarswith startups, supplements, telemedicine and specialized cosmetics, the healthcare infrastructure continues to lag behind decades. Companies like Midi Health or Maven Clinic are growing at high speed because they have found a brutally unsatisfied demand. The market has understood before that the medicine that was here a gigantic need. And that is precisely what is disturbing: there is business because the system has failed. A gap that should have been filled decades ago by research, medical protocols and public access is being monetized. Menopause as silent sabotage. Because the impact is not only health-related, but also economic and professional. They remembered in a wonderful report from Fast Company that menopause usually arrives just when many women are reaching positions of maximum responsibility, and their symptoms (brain fog, insomnia, anxiety, hot flashes, memory loss, irritability) are causing resignations, early retirements or career slowdowns that are rarely accounted for. The data is brutal, although even more so in a country like the United States, where symptoms related to menopause generate about 26,000 million of dollars annually between medical costs and loss of productivity. Many women don’t even know what is happening to them until they the damage has already been done. Gates said in one New York Times column that this has a fairly clear political reading: if women leave the labor market at their moment of greatest influence, their access to power is also curbed. A system that continues to arrive late. The harshest criticism comes because not even the doctors are prepared. Less than one-third of gynecology training programs in the United States include menopause-specific curriculum, and less than 20% of primary care physicians receive adequate training. That explains, according to Fast Companywhy so many women wander from consultation to consultation without diagnosis or treatment. And the decline is even more striking with hormone replacement therapy: twenty years ago about 40% of women used it, today less than 5%largely due to the fear generated by misinterpreted studies in 2002. Now new evidence They are rehabilitating its use, but the damage has already been done. It’s not just discomfort, it’s much more. One of the most important points is that menopause is not simply an uncomfortable stage. In fact, it can profoundly alter future health. A large international study published in Obstetrics and Gynecology has shown that premature menopause increases the risk of suffering serious cardiovascular events such as stroke, heart attack or heart failure by around 30%. The reason is biological: estrogens function as a kind of metabolic and vascular shield. When this shield disappears early, the body ages faster in cardiovascular terms. This makes menopause a primary clinical marker, not a simple hormonal transition. The revolution that Gates proposes. For all these reasons, Melinda Gates’s commitment to its 215 million dollars It is not about filling shelves with products, but about trying to change the entire architecture of the problem: more research, more medical training, more insurance coverage and more labor protection. Your idea is to use the philanthropy as a sign to drag governments, companies and investors into an area that was ignored for decades. Because the big question no longer seems to be whether menopause it’s a marketthat is more than resolved with the numbers in hand. The question is why a universal need has been allowed to become in business opportunity than in medical priority. And that, perhaps, is one of the greatest silent defeats of modern medicine. Image | Unsplash, Buderim In Xataka | Nuria Marín, menopause expert: “Women continue to look for answers outside the health system” In Xataka | The gamification of menopause: more and more women track and monitor it through mobile apps

In Spain, insurers and venture capital are discovering what the business of the century really is: pets

by

It’s nothing new. Statistics have long confirmed a reality that anyone can see walking around their city: in Spain there are more pets than small children. many more. And in view of how they evolve the birth rate and the animal census of company, everything indicates that this gap will widen with the passage of time. It is therefore understandable that insurers are increasingly interested in a business that promises a notable growth in the coming years: policies for dogs and cats. It makes sense if we take into account that in Spain there are not only millions of pets. It is increasingly easier to find families who dedicate hundreds of euros in your care. The number: 20 million. It is not easy to specify how many pets are there in Spain. The figures handled by public organizations, veterinarians and the industry dedicated to their care do not completely coincide, but the general image they offer is the same: we Spaniards like the company of dogs, cats, parrots, ferrets, iguanas and other animals capable of adapting to living in our homes. If we trust Anfaac, the association that represents feed manufacturers, in Spain there are more than 20 million of pets, especially dogs (6.9 million). The Spanish Association of Industry and Commerce of the Pet Sector (Aedpac) raises the number of pets to 28 million“present in 40% of the homes” in the country. Other sources point to some 30 millionwhile REIAC (Spanish Network for the Identification of Pet Animals) had registered three years ago 10.1 million of dogs and 968,000 cats. A question of censuses… and euros. Censuses show us that hundreds of thousands of dogs, cats, ferrets, reptiles, birds live in Spanish homes… but that is only part of the ‘photo’ that interests the sector. Another (equally or even more important) is how much we spend on their care. That question was answered in March by EAE Business School, which published a report on ‘pet-money’ which concludes that pets generate a business of 5,770 million euros annually in Spain, drive an economy that grows at 8.3% and support 75,000 direct jobs in 12,300 companies. These are compelling figures, but they are less surprising when you know another key provided by EAE: 49% of households Spaniards live with at least one pet, on whose care we spend on average between 500 and 1,000 euros per year. “In many cases these disbursements are comparable to spending on leisure or communications,” confirms the studywhich has detected a “cultural change” in the relationship with animals that leads a good part of Generation Z and millennials to affirm that they are an essential part of their lives. “Hundreds of millions a year”. The report from AEA Business School also probed the animal-specific insurance business and discovered two things. First, it is in full expansion. Second, that sector data show that it already moves “several hundred million euros a year.” He is not the only one who paints a promising picture for insurers willing to exploit this business niche. Fortune Business Insights calculate that the size of the global pet insurance market amounted to $25.91 billion last year and, if its forecasts are correct, this year it will rise to $30.74 billion. The organization estimates that the sector is growing at a compound annual rate of 18.63%, meaning that in less than a decade it would be in 120,560 millionwith a prominent weight from North America. A business to exploit. Despite all of the above and the fact that veterinary coverage is basically private, the pet insurance business still has a lot of room to grow in Spain. At least that’s what it suggests a study from Guidewire, which points out that only half of pet owners have a specific policy for themselves. Specifically, after interviewing more than 4,000 people from Spain, France, Germany and the United Kingdom, the firm assures that, although 74% have a pet, only 49.6% have insurance to protect them. Other analyzes on the subject considerably reduce that percentage. “This data draws attention when taking into account the regulations in force in Spain, so, since September 29, 2023, the Animal Welfare Law requires all owners of dogs, the most common pet, to take out civil liability insurance, regardless of their breed,” points out the entity. All in all, Spain is one of the countries “”with the greatest acceptance of pet insurance” and the penetration of this type of services has clearly grown in recent years. Waking up appetite. In view of all the above, it is much better understood that large insurance companies and venture capital is entering in the digital veterinary insurance niche. Their hook: to make healthcare for dogs, cats and other pets easier on the wallet. One of the most recent tests comes from Petolo, linked to Getolo GmBH and the Zurich Group. A few days ago the company announced his landing in Spain after acquiring a portfolio of more than 150,000 dogs and cats insured in Germany and France. “The Spanish market has 15.5 million dogs and cats, mostly without veterinary insurance,” says the firm, which offers several plans that allow you to recover part of the bills (between 60 and 100%, depending on the bread) for animal health care. Is it a unique case? Not at all. As explained recently Five Days There are more examples of insurers and private equity firms that seem interested in the veterinary insurance business. Another recent case is that of Reale, which has decided to reinforce its presence in the pet policy sector. entering the shareholding from Canitas. The business has also attracted entrepreneurs such as those who have promoted the startup Barkibuwhich aims at the same objective: the vein that represents private healthcare for pets. Images | Olga Kononenko (Unsplash) and Karsten Winegeart (Unsplash) In Xataka | We have been looking at Noah’s syndrome as a minority and controlled problem for years. we were wrong

This business security system is almost half the price and includes VPN

by

For years, we have been seeing how companies of all types are being hacked or attempted. No one is completely safe, both ourselves in our daily lives and if we have a business. In fact, in this last area, things become more delicate: The safety of employees and customers comes into play in addition to our own. If you’re looking for a security tool for your business that you can install and manage yourself, then you might be interested Kaspersky Small Office Security Premium: its price starts from the offer of the 96 euros (it used to cost 138 euros), but if we use the code ‘KSOSP’, we will receive an additional 15% discount. Kaspersky Small Office Security Premium – 1 year The price could vary. We earn commission from these links Security for your company, now with remote assistance Let’s start with the basics. This is not the first time we have talked to you about Kaspersky’s security tool for businesses, Small Office Security. However, what we are referring to right now is its Premium version, just released a couple of weeks ago. This includes everything from the first version, so it is a tool that stands out in two different ways: First, it is very easy to use and manage; Second, it is also safe and complete. What can you do? Small Office Security Premium, available for Android, iOS, Windows and macOS, has a system that will protect your company’s computers from malicious files and suspicious websites and even threats through email. Added to this is protection against ransomware and vulnerability analysis. Another interesting point is that this cocktail a VPN is addedwhich will allow you or your employees to work from anywhere safely if you use an unknown WiFi (for example, from a coffee shop or from the airport). The price we mentioned above includes protection for three mobile phones, computers, three password managers and three VPNs. If you have more employees or want more licenses, simply upgrade your subscription. All this is already in the basic version of this tool, but, How does the Premium version improve? To all of the above, we add: installation support, remote support and virus checking and removal by experts. Additionally, your employees will receive safety training. If you are interested, you can choose to subscribe annually, bi-annually or for three years. Any of these three plans has a 30 day trial period so you can try if it convinces you and, if not, you can request a refund without problems. With this Premium version, which is now on sale and is almost the same price, we have all the virtues of this tool (security and ease when installing it), but with remote support from experts in case we need it. Something like a safety net, never better said. Some of the links in this article are affiliated and may provide a benefit to Xataka. In case of non-availability, offers may vary. Image | Kaspersky In Xataka | Best antivirus for computer: the best paid alternatives to protect your PC In Xataka | Password managers: which ones are the best to protect and remember all the ones you have

The advanced chip business is growing so fast that it cannot keep up

by

ASML, the Netherlands-based company that makes the most advanced integrated circuit production machines, had planned to hire 600 new employees in Taiwan this year. Finally she was forced to revise upwards your hiring plan. In 2026 they will arrive at their facilities on this Asian island 1,000 new additions. Grace Wang, the vice president and general manager of ASML in Taiwan, has declared that this change has been brought about by the insatiable demand for chips for artificial intelligence (AI). ASML does not manufacture semiconductors, but its equipment extreme ultraviolet photolithography (UVE) are being used by TSMC, SK Hynix, Samsung, Intel and Micron to produce the advanced integrated circuits that data centers demand. Especially CPU, GPU and HBM type DRAM memories (High Bandwidth Memory or high bandwidth memory). In fact, this company alone occupies the first link in the global chip manufacturing chain because it is the only one that produces EUV lithography machines. Be that as it may, Grace Wang’s declaration of intent responds to an unappealable reality: Taiwan is the industrial heart of this Dutch company. ASML manufactures components on this island and assembles UVE lithography equipment which it subsequently delivers to its local customers. These operations are also carried out in the Netherlands, but there are two compelling reasons why Taiwan is enormously relevant to ASML’s business: its best customer and its biggest focus on its global customers reside there. TSMC is ASML’s largest customer A determining factor that is promoting ASML’s expansion in Taiwan is its close relationship with TSMC, the largest manufacturer of integrated circuits of the planet. The operations of this company on the island currently generate 8.3 billion eurosa quarter of ASML’s global revenue. And much of that money comes from the coffers of TSMC, which is building new advanced semiconductor production plants in Taiwan, Japan, Germany and the US. ASML is building a facility in New Taipei that costs about $954 million. However, ASML’s Taiwan branch is not just hiring more staff (it currently has 4,500 employees on this island); is also building a new facility in New Taipei that costs about 954 million dollars. Their plan is for this plant to begin operating before the end of 2026 and to house about 2,000 employees in its initial phase. We still don’t know for sure what this factory will do, but it will probably combine component production, EUV machine assembly, and technical support to customers, primarily TSMC. ASML’s infrastructure in Taiwan is distributed between two cities with very specialized functions. Linkou is responsible for reconditioning chip manufacturing equipment, producing grating manipulators for deep ultraviolet (DVP) machines, and cleaning UVE collectors. Tainan, however, serves as a large global customer service center. And in a few months, as we have just seen, the New Taipei plant will be ready. The future of ASML is promising even though US sanctions They prevent it from selling its most sophisticated machines to its Chinese customers. Image | ASML More information | DigiTimes Asia In Xataka | The chip of the future comes from Japan: it is 1,000 times faster than current semiconductors and does not heat up

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.