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The Port of Lisbon received 33 cruise ships and 60,922 passengers in June, a growth of 32% and 13% respectively. “The number of cruise calls in the Port of Lisbon grew by 32%, from 25 calls in [...]

EDP made a profit of €762 million in the six months ended in June, the company said on Tuesday, in a statement published on the website of the market regulator, the Securities Market Commission [...]

Key Portuguese economists think it highly unlikely that Portugal’s economy can grow more than 2% for 2024 as a whole. The opinions come after the government has estimated that the economy could [...]

Sonae closed the first half of the year with a net profit of €75 million, which represents a growth of 14% compared to the same period last year. Sales exceeded €4.3Bn, helped by the integration [...]

Portuguese paper distributor Inapa saw shares plummet by 96% after the local securities regulator lifted a suspension on share trading. In the past few days the insolvent company which cannot [...]

Portugal’s development bank, Banco Português de Fomento (BPF) and venture capital company Indico Capital Partners have announced a joint investment operation of €11.5 million in Oceano Fresco, a [...]

The ratings agency DBRS has maintained the ratings for Madeira and the Azores at ‘investment grade’ and has improved the ‘outlook’ of Madeira’s economy because of the region’s [...]

Portugal’s exports and imports grew 2.8% and 0.6% respectively, in nominal terms, in the second quarter, compared to the same period last year. The data were released by INE in a [...]

The European Court of Justice has agreed with the Court of Competition that information exchanges between banks in Portugal, however isolated, amount to the behaviour of running a cartel, thereby [...]

The expansion of Google’s new intercontinental submarine cable, which will connect the United States to Bermuda and Portugal, will also include the opening of a data centre in the Azores, [...]