http://news.fiestasiesta.com/ne-ca_bu.html Business News en-gb http://news.fiestasiesta.com/ne-id_227.html The Spanish telecommunications giant Telefonica said Tuesday its profit rose 59.4 per cent to nearly 5.2 billion euros (6.7 billion dollars) in the first nine months of this year. http://news.fiestasiesta.com/ne-id_222.html Spain's telecoms regulator CMT has proposed that Telefonica SA be fined 30 mln eur for delaying services which permit Jazztel PLC to supply its clients with broadband internet, Expansion reported, without citing a source. http://news.fiestasiesta.com/ne-id_220.html High Street powerhouse GAME has confirmed it has opened almost 40 new stores in Spain this year, and up to 12 stores are targeted for Portugal – with much more to come. http://news.fiestasiesta.com/ne-id_219.html Spain's Banco Bilbao Vizcaya Argentaria SA (BBVA) is completing negotiations about the purchase of up to 10 pct of Citic Bank, the South China Morning Post reported. http://news.fiestasiesta.com/ne-id_218.html Spanish utility Iberdrola (IBE.MC: Quote, Profile, Research) has approached Scottish Power Plc (SPW.L: Quote, Profile, Research) about a possible bid for Britain's fifth-largest energy supplier, sources close to the situation said on Wednesday. http://news.fiestasiesta.com/ne-id_209.html berdrola Ingeneria, a division of Spain's electricity utility Iberdrola SA, has received a $1.6-billion (€1.25 billion) contract to build a combined-cycle plant in Qatar http://news.fiestasiesta.com/ne-id_208.html High court judge Baltasar Garzon has blocked accounts with a total of 2.2 bln eur after raiding the offices of Banco Espirito Santo, BNP Paribas, investment fund Cartera Meridional and insurer Cahispa yesterday, ABC reported citing judicial sources. http://news.fiestasiesta.com/ne-id_202.html Medsea Estates Group PLC, the leading Spanish-based estate agency, has just signed a four year contract with Residencial Argos Sol, S.I to market all the properties on a new €120million development in Murcia, Spain http://news.fiestasiesta.com/ne-id_176.html Spain's Telefonica (TEF.MC: Quote, Profile, Research) will invest $1 billion in networks and infrastructure in Peru between 2006 and 2009 http://news.fiestasiesta.com/ne-id_171.html Spain, France and imminent EU entrant, Bulgaria, will be the top three European countries for overseas mortgage distribution by 2020