Telefónica SA is considering kicking off a sales process for its Venezuelan unit, according to people familiar with the matter, further shrinking the Spanish carrier’s presence in Latin America.

Franklin Templeton Inc. is buying a majority stake in Stoneshield Capital, a European investment firm specializing in real estate and infrastructure, in the latest move by the US money manager to expand further into alternative assets.

Spain’s government will seek to revamp its immigration and asylum laws following a massive border crisis last month.

Spanish Prime Minister Pedro Sánchez has been the most progressive European leader on migration, bucking his colleagues’ rightward shift. That stance has now left him politically exposed after thousands of migrants overran a Spanish enclave in Northern Africa.

More than half of the 50,000 people who illegally crossed the Spanish border between an African enclave and Morocco have now left, Spain said as it faces mounting pressure from Europe to quickly reassert control.

The Spanish government has ordered an emergency military deployment to one of the country’s two North African enclaves after thousands of immigrants entered illegally in recent days.

Multiverse Computing SL is raising $570 million in a funding round that is set to boost its valuation to $1.7 billion, as investors flock to companies aiming to make it cheaper to use artificial intelligence.

European Central Bank Governing Council member Jose Luis Escrivá said high oil prices are feeding through to other parts of the economy.

European Central Bank Governing Council member Jose Luis Escrivá said high oil prices are feeding through to other parts of the economy.

Private equity firm Portobello Capital is delaying its sale of Spanish legal-tech firm Legálitas due to concerns by prospective investors that artificial intelligence will disrupt the sector, according to people familiar with the matter.

Cosco has been awarded a 50-year port concession in Tarragona on the east coast

Cosco Shipping Holdings Co. will use a terminal it acquired in eastern Spain mainly for car imports, underlying the country’s growing importance for Chinese automobile manufacturers.

The European Union will need to provide farmers with several billion euros of funding to prevent crop cutbacks following a surge in fertilizer costs caused by the Iran war, Spain Agriculture Minister Luis Planas said.

Germany and Spain are leading opposition to European Commission plans to ban Chinese technology suppliers from telecom networks as part of new cybersecurity rules, according to people familiar with the negotiations.

Spanish police seized information from the ruling Socialist Party’s headquarters, as part of a broad criminal investigation that’s gripping the country and roiling the government of Prime Minister Pedro Sánchez.

Spanish utility Cox ABG Group SA took a bridge loan to help fund a $4.2 billion asset acquisition in Mexico and placed shares as collateral.

Zara owner Inditex SA is banking on diversification across brands and countries as well as artificial intelligence to spur growth at the world’s largest listed retailer, Chief Executive Officer Óscar García Maceiras said.

Indra Sistemas SA, the defense company backed by the Spanish government, is set to replace its top executive in the latest management shakeup after its controversial chairman stepped down last month.

Telefónica SA shares jumped the most in almost three months as the Spanish carrier reported higher first-quarter earnings, boosted by growth in Brazil and easing competition in Spain.

A cruise ship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain’s Canary Islands, almost a month after the contagious disease broke out.