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Vilamoura World is to invest €12 million in expanding Portugal’s largest marina in the Algarve. The company owned by the US Lone Star vulture fund says the improvements will equip the famous [...]

In April 2020 the unthinkable happened. During the peak of the Coronavirus pandemic, Portugal’s normally mild, affable and non-confrontational President Marcelo Rebelo de Sousa did something [...]

Gourmet pet food delivery start-up Barkyn has just netted a €5 million Series A investment round from venture capital investors. The incubator company at UPTEC – Porto University’s Science [...]

Portugal’s stricken airline TAP has sent a communiqué to the markets indicating that a court examining applying an injunction to prevent the State bailing out the airline could be wavered in the [...]

Portugal’s Resolution Fund set up to provide capital for Novo Banco – the bank created after the collapse of Banco Espírito Santo in 2014 – has seen bank contributions increase by [...]

A slow recovery, in several gears depending on the sector and totally held hostage to the Covid-19 pandemic. This is the prediction from economists consulted by the business daily Jornal [...]

An investigation by newspaper Público has revealed that — despite what it may have said earlier this year — the Government has actually gone ahead and signed 16 contracts with mining companies [...]

The Portuguese startup Replai has just closed a €1.1 million seed investment round. The money will be used to develop its multimedia production business, increase its team, and expand its company [...]

Portugal’s monopolies authority has accused two of the nation’s largest supermarket chains of running a bread and doughnut cartel. Now the regulatory body which tries to enforce fair competition [...]

Home transactions fell 11.6% in the first quarter of 2020 with 43,532 home transactions (purchases and sales) and 0.7% less than the beginning of 2019. The figures were released by the Portuguese [...]