How can Santa Claus deliver gifts to the 700 million children in the world on Christmas? Doctor Katy Sheen, Professor of Physical Geography at Exeter University, has figured it out. Santa’s sleigh pulled by reindeer would have to travel at approximately 10 million kilometers per hour.

In Spain, the government lotteries El Gordo de Navidad and El Niño continue to be “Olympic” brands that have seen little effects of the crisis, according to the CODERE Foundation’s annual report on gambling in Spain in 2015/2016, edited in collaboration with the Carlos III University’s Institute for Politics and Governance (IPOLGOB).

Launched in December 2013, the footprint of BBVA’s first global digital product continues growing throughout the world

BBVA Compass today named Garanti Bank’s Onur Genç as its next CEO and announced that Manolo Sánchez will become its non-executive chairman, strengthening the management structure of the BBVA Group’s U.S. franchise.

The Court of Justice of the European Union (CJEU) has ruled that a national law that sets a time limit on restitution for the abusive nature of a contractual clause is contrary to article 6.1 of Directive 93/13/EEC. It is now up to Spanish judges and courts to decide how the criteria established by the CJEU will apply to the judicial proceedings brought before them.

Global growth in smartphone orders was practically flat this year, according to the research company International Data – yet another sign pointing to the end of the expansionary cycle in the smartphone market.

Spaniards spend around €1.21 billion euros every year on toys, or 1.66% of the total amount spent on toys in the world, according to the 2016 Toy Expenditure study by Constanza Business & Protocol School.

147.7 million bitcoins were traded in November, reaching a record volume of 137 billion. This represents a nearly 50% increase from October, according to Bitcoinity.org.

BBVA Executive Director José Manuel González-Páramo has been elected to serve a two-year term as European Chair of the TransAtlantic Business Council (TABC), the only official consultation body on transatlantic relationships recognized by the governments of the United States of America and the European Union.

The end of the colonial conflicts and their consequences opened the door to a new century with various sectors of Spain’s privileged classes showing renewed interest in the creation of new banks. Madrid, Barcelona and Bilbao continued to be the country’s main banking hubs, although the development of the financial industry’s business varied in each region.