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The Catalan fashion multinational Desigual will be strengthening its presence in the Americas over the coming months. In 2015 it will be entering new markets, with the opening of its first three stores in Mexico and three in Montreal, Canada. Its entry into the Aztec country will be made through a franchise, alongside the company El Palacio del Hierro (the Iron Palace) which owns luxury boutiques in Mexico, a market considered a “priority” by Desigual. Thanks to this cooperation, Desigual clothes will be sold in almost 30 different department stores throughout Mexico. In addition the Catalan brand will open its own boutiques in Andares in Guadalajara, Antea in Querétano and in Mexico City. Moreover, Desigual has also committed to strengthening its presence in the US before the end of 2015, with the opening of two new stores, one in Miami and the other in Las Vegas.

The energy company Gas Natural Fenosa announced they have launched a tender offer for 100% of the share capital of the Chilean Compañía General de Electricidad (CGE), which represents a €2.6 billion purchase. The transaction is to be the biggest international  acquisition by the Barcelona-based company. The total size of the operation, including the consolidated debt of CGE and its subsidiaries, is approximately €6 billion. It expected to generate over €600 million gross profit next year. Purchase of CGE, which distributes electricity to 43% of the Chilean market, and has 2.5 million customers, will increase the Catalan company's presence in Latin America. Furthermore, this deal will allow Gas Natural Fenosa to meet its 2015 growth targets and strengthen its presence in Latin America.

One of Barcelona’s main cultural institutions celebrated its 35^th anniversary last weekend. Barcelona’s contemporary music scene of the last 3 decades cannot be understood without El Taller de Músics school. For this reason, Santiago Auserón, la Mala Rodríguez & Refree, Cris Juanico, Miqui Puig, Andrea Motis & Joan Chamorro or the guitarist Biel Ballester are some the most prestigious artists who participated  in a tribute concert at the ‘Palau de la Música’ on Sunday. The famous Original Jazz Orquestra played throughout the evening, in an event that was also a vindication of a cultural project in times of economic crisis. Founded in 1979, El Taller de Músics is Barcelona’s most prestigious school for jazz, flamenco and fusion music. The school gives significant style freedom to its students and also organises numerous concerts.

The German chemical and pharmaceutical company has picked Barcelona to provide shared services to its subsidiaries in Greece, Turkey and Latin America, which account for 25% of the total group sales. Bayer’s Shared Service Centre in the Catalan capital will expand its tasks and responsibilities by taking over the accounting, controlling and IT services for these geographical areas. The expansion will take place over 2014 and the centre will pass from being in charge of 11 countries to 22, managing over 50 Bayer subsidiaries. The General Manager of Barcelona’s Centre, Erik Schonebeck, stated the project would “consolidate” the 300 existing jobs in the Catalan capital but no further new jobs would be created in the short-run. Barcelona hosts one of Bayer’s 5 global headquarters.

The Board of Directors of Catalonia-based Banc Sabadell has approved a capital increase operation of €1.4 billion. The transaction will take place in the form of two consecutive increases in order to “strengthen capital and allow new important shareholders to join the bank aiming [to reinforce] the future internationalisation process of the bank”. The decision by Sabadell, Spain’s fifth largest bank, to carry out this operation was taken after finding out about the “growing interest” of international investors to acquire stable assets of the Catalan financial entity. It is expected that at least €1.33 billion will be attracted, which will subsequently make Banc Sabadell to one of the best capitalised banks in Europe with a core capital beyond 11%.

The multinational energy company has confirmed it will continue operating in Panama for at least 15 more years through its subsidiary companies Edernet and Edechi, which control 65% of the country’s electricity market, supplying more than 500,000 clients. Gas Natural Fenosa owns 51% of both Edernet and Edechi, while the rest of the shares are controlled by Panama’s Government. The Catalan multinational entered Panama in 1998. According to Gas Natural Fenosa, it has invested more than €400 million to strengthen the electric power network of the Central American country and it foresees an additional investment of €230 million within the next 4 years.

The 19th edition of the Latin American Film Festival in Lleida ended last weekend after showing 117 films from 14 different countries. Argentine film director Gustavo Garzón’s movie 'Por un tiempo' (‘For a time’) had its world premiere while honorary awards were delivered to Spanish actor José Coronado and Mexican actor Damián Alcazar. 'Porcelain horse' (Mejor no hablar de ciertas cosas), directed by Ecuador’s Javier Andrade, won the Best Film Award. The budget for this year’s edition had been reduced by 24% and the Festival was forced to remove documentary and retrospective sections from the programme.

54% of Catalonia’s external sales go to the international market while the remaining 46% go to the rest of Spain. The number of Catalan companies which sold their products outside of Spain in 2012 was 45,000 enterprises, representing a 6.3% increase in relation to the 2011 figures and 11,554 more companies than at the start of the economic crisis. The export sector represented €58.28 billion, which was 28% of Catalonia’s GDP in 2012. The figure represented a 5% increase compared to 2011 and a 15% growth on data from before the economic crisis. Sales outside the European Union increased by 16% last year, especially in Oceania (61%), Africa (24%) and Latin America (21%).

Primavera Sound, Sónar or Cruïlla BCN. These are some of the music festivals that the city of Barcelona hosts. However, according to Marcelo Rosero, director of the Salsa & Latin Jazz Festival, the city “lacked high quality salsa and latin jazz music”. This new festival is taking place in a square at Poble Espanyol (Barcelona). Rosero has compared the programme of the festival with a restaurant saying that it has an “exquisite menu” and a “buffet where all is jewellery”. The festival will have “top-level bands” and its “musical acts are very important internationally”, Rosero has concluded.

The Catalan company counterbalanced its fall in the Spanish market with benefits from international sales. Foreign market activity contributed 42% of the profit from the first quarter to Gas Natural Fenosa, in contrast to 36.6% in 2011.

The Cuban pianist presented his new album ‘Chucho’s Steps’ at his performance during the Barcelona International Jazz Festival. He was accompanied by ‘The Afro-Cuban Messengers’.