stock market

finance

Spain's stock market index takes a plunge as Asia panic grips investors

Spain's Ibex 35 stock market index suffered a steep fall as trading opened on Monday morning, losing 3.2 percent of its value to fall below 10,000 points - its lowest level since January.

fraud

Fears over markets in Spain after Gowex folds

The spectacular collapse of Spanish Wi-Fi provider Let's Gowex has led to fears that a perception of poorly regulated markets in Spain will see foreign investment dry up just as the country begins to fight its way out of recession.

bankruptcy

Broke Wi-Fi provider admits to cooking books

Spanish free Wi-Fi provider Let's Gowex revealed Sunday its accounts have been falsified for at least four years and said it is filing for bankruptcy protection.

wifi

Mystery share warning sinks Spanish Wi-Fi firm

Spanish market authorities have halted trading in Let's Gowex, the Spanish Wi-Fi provider which has lost over $1 billion in market value in just two days after a mystery report said shares in the company were worthless.