Spain says no to China's Silk Road plan

(Nov 28): Spain will not sign on to China's ambitious "One Belt, One Road" initiative that seeks to better link Asia and Europe, a senior government official said Tuesday ahead of a visit by President Xi Jinping.

The multi-billion-dollar initiative, unveiled by Xi in 2013, aims to link the continents through a network of ports, railways, roads and industrial parks.

Beijing plans to develop the network through 65 countries representing an estimated 60% of the world's population and a third of its economic output.

Olam pays $3.1 mil for 29% stake in coffee & nuts JV in Spain

SINGAPORE (Apr 19): Olam International says it has paid 1.88 million euros ($3.05 million) for a 29% stake in a joint venture (JV) company with Guzman Global, the distributor of industrial raw materials as well as coffee & nuts.

Guzman Global holds the remaining 71% stake.

Based in Spain, the JV company is named Guzman Coffee & Nuts (GC&N), and is now an associated company of Olam.

It will import and distribute coffee & edible nuts in the Spanish and Portuguese markets.

Police hunt Barcelona terror suspect after van attack kills 13

MADRID (Aug 18): Police in Spain are still hunting the suspected terrorist who killed 13 people by ramming a van into pedestrians on Barcelona’s most iconic avenue before fleeing the scene.

Following George Clooney's motorcycle adventure

Every year, the Hollywood A-lister and his best pal Rande Gerber take a weeklong bike trip, and this year is no different. Here is a preview of their next jaunt in Spain.


These economies are seen improving dramatically this year

BA Argentina

NEW YORK/WASHINGTON(MARCH 21): Expect more good news than bad when it comes to global growth this year, led by recoveries in several of Latin America’s largest economies, a pickup in the US, and continued robustness from China and India.

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