TAP recorded losses of €365 million for the first three months of the year because of the Europe-wide lockdown. €109.8 million of the net loss result had to do with net exchange differences. [...]

Chinese smartphone manufacturer Xiaomi grew 268% in Portugal in the first quarter of 2021 to become the second most popular Chinese mobile phone brand in the country after Samsung. The [...]

The four Portuguese unicorns Farfetch, OutSystems, Talkdesk and Feedzai have over 800 job vacancies to fill. Although some have recruitment and selection processes that are more ambitious than [...]

Hotel groups with units in the Algarve have seen bookings shoot up for the summer months of July and August. Those chains that are benefiting most from bookings for the peak summer months of July [...]

Portugal’s media group Impresa has announced a new €30 million bond issue in order to redeem its previous bond issue. It means that the TV and media group which detains TV channel SIC and weekend [...]

The man who has been appointed by the Portuguese government to coordinate the most significant restructuring, reinvestment and radical change in Portugal’s contemporary history says the country [...]

Portuguese telecoms company Altice Portugal has reportedly given a mandate to investment bank Lizard to prepare the sale of what had formerly been Portugal Telecom. The company has denied any [...]

GreenVolt, the green energy arm of Altri, which is led by former EDP Renováveis CEO João Manso Neto, has completed an agreement to acquire 70% of Profit Energy, a company dedicated to the solar [...]

The Portuguese multinational multi-sector company Sonae has reached an agreement to sell its share in Maxmat to road constructor Cimentos Estrada Pedra SGPS, Lda owned by Building Materials [...]

The Resolution Fund which is responsible for injecting cash into Novo Banco to ensure it meets ECB contingent capital levels has been given the green light by the government to ask the banking [...]