Ibersol, owner of fast-food chain brands like KFC, saw €33,4 million in losses in the first half of 2020, a figure that compares with a net result of €600,000 euros recorded in the same [...]

Up to 1,200 jobs will be created in Évora thanks to a contract to manufacture the new ATL-100 plane. It will be the first plane to be completely made in Portugal and will come in both civilian [...]

Portugal will fully draw on €15.3Bn in EU subsidies earmarked for the country. However, its Prime Minister António Costa said it would not, for the time being, use up other funds in the form of [...]

A Strategic Plan for the Administration of the Port of Sines for 2020-2025 was unveiled today (Wednesday 30 September). The presentation took place in the presence of the Portuguese Minister of [...]

The Portuguese Minister of Agriculture, Maria do Céu Antunes will address business leaders and members of the International Club of Portugal (ICPT) on the theme of ‘Food and Health – [...]

The end of the Brexit transition period is looming and the UK has so far failed to negotiate a trading deal with its European partners in the EU. Now, several UK banks say that they will withdraw [...]

The president of the Portuguese Banking Association says that the Resolution Fund should continue to inject money into Novo Banco because “State commitments should be met.” In an interview with [...]

The British mining company Savannah is looking to mine around 30,000 tonnes of lithium per annum from 2022. David Archer, CEO of Savannah Resources told ECO online that lithium production at the [...]

Portugal’s Golden Visa scheme needs a major makeover to make it relevant to the Portuguese Government, the country’s investment needs and the current economic climate says a leading property [...]

The Portuguese Government has issued a polite but stern rebuttal to the United States that it will not bow to pressure over its economic and foreign policy concerning China. In response to a [...]