May 18, 2021, by Adrijana Buljan
Spain’s National Securities Market Commission (La Comisión Nacional del Mercado de Valores; CNMV) suspended the trading of Siemens Gamesa’s shares on 18 May.
The Spanish stock market regulator cites “the occurrence of circumstances that may disturb the normal development of operations” on the shares as the reason for the trading suspension.
According to Reuters, the halt came after the local newspaper Expansion reported that Siemens AG, through Siemens Gamesa’s main shareholder Siemens Energy, had hired Morgan Stanley and Deutsche Bank to carry out a strategic review of the wind turbine manufacturer, including options for a possible takeover and de-listing.
Spanish Regulator Issues Guidelines for Fund Managers Planning to Invest in Cryptocurrencies – Regulation Bitcoin News bitcoin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bitcoin.com Daily Mail and Mail on Sunday newspapers.
Spanish Regulator Green-lights Institutional Crypto Investment
Source: iStock/seraficus
Spainâs market regulator has announced that it will allow firms operating funds to make crypto investments â but only under certain conditions.
Per El Economista, the
National Securities Market Commission (known locally as the CNMV) has published a new set of guidelines for institutional investors. The guidelines show that the CNMV is now happy to allow investment fund operators, collective investment institutions (known as IICs in Spain) and variable-capital collective investment programs investment companies (known in continental Europe as sicavs) to invest in cryptoassets. However, the regulator specified a number of provisos.
A Starlink satellite tracker service on a smartphone.Pavlo Gonchar / SOPA Images/LightRocket via Gett
Elon Musk, the 49-year-old tech entrepreneur who founded Tesla and SpaceX, is now trying to bring satellite internet service to rural regions of Spain. His Starlink company, a subsidiary of space division SpaceX, has put a battalion of satellites into low orbit to provide high-speed connections all over the world, but especially in remote areas where broadband has only partial or zero reach.
A beta test of the service is already operational in the United States, Canada and the United Kingdom, where it is being used by more than 10,000 customers. Now, Starlink is expanding into EU countries, including Spain. There was a flurry of images of perfectly aligned lights parading across the night sky on social media last week as the penultimate of 26 rockets carrying 60 satellites was launched on May 4. The last Starlink launch took place on May 9, according to Space.com.