- Oct 9
Portugal's state reaches 19% of REN after buying Fidelidade's 5.3% stake
Parpública agreed to buy the REN stake held by the Fidelidade insurance group, and the government says its target for the state's holding is now complete. The purchase still needs a visa from the Tribunal de Contas, and its financial terms will not be disclosed until then.
- Oct 3
Alice Walton tops global female wealth rankings with $120 billion fortune
Walmart heiress Alice Walton saw her fortune reach nearly $120 billion following stock gains, while directing hundreds of millions toward medical education in Arkansas.
- Sep 9
Inditex net profit rises 6.8% to €2.98 billion in first half as sales reach €19.76 billion
Inditex reported a 6.8% increase in first-half net profit to €2,980 million on €19,755 million in sales, driven by spring-summer demand and store expansion.
- Jun 3
Inditex posts record Q1 profit of €1.375 billion, shares jump 5% as spring collections drive sales
The Zara owner reported a 5.4% rise in net profit for the February-to-April period, with sales growth accelerating to 11.5% in the early weeks of the second quarter.