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EDITIONBUSINESS.

Business and economy06

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Edition Business19.10.2026

Guide to calculating a construction project budget: items, contingencies, and margin

Structure a professional construction budget by defining the scope, organizing the 12 essential items, and applying precise contingency ranges (5-10% for new builds, 15-25% for rehabilitation) to protect profitability and minimize financ...

Edition Business19.10.2026

Cuba Reorganizes Its Commercial Network: Neighborhood Markets Displace Traditional Stores

The Cuban government transforms state-owned warehouses into **Neighborhood Markets** managed by the private sector, retaining only 1,913 establishments for rationing. Although the measure aims to reduce prices by 15%, costs remain unaffo...

Edition Business19.10.2026

Cuba Reorganizes Its Commercial Network: Neighborhood Markets Displace Traditional Stores

Edition Business19.10.2026

Valeo demands 75% European content in cars to halt competitiveness loss

Valeo CEO Christophe Perillat calls for vehicles sold in Europe to incorporate at least 75% local components to prevent massive job losses. This request aligns with the EU's 'Industrial Accelerator Act' draft, which considers raising the...

Edition Business19.10.2026

Valeo demands 75% European content in cars to halt competitiveness loss

Edition Business19.10.2026

Government publishes two royal decrees-laws to shield the housing market before elections

The BOE has published RDL 28/2026 and 29/2026, which introduce urgent measures such as the suspension of evictions for vulnerable groups, automatic lease extensions, and a 10 billion euro fund for home purchases. RDL 28/2026 will enter i...

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