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When most people think of supermarkets in Portugal it tends to be one of the big three like Continente (Sonae), Pingo Doce (Jerónimo Martins), or Lidl (Schwarz Group). You would not, probably, [...]

The US ratings agency Moody’s increased the rate of Novobanco’s non-secured senior debt from Ba1 to Baa3 on Thursday with a ‘positive outlook’. It means that bank’s investment prospects are no [...]

A group of German investors who purchased a deactivated Alentejo mine in São Domingos, in the district of Mértola, now have a project to build solar, eolic and green hydrogen facilities. La [...]

The Chief Financial Officer of Altice International, Malo Corbin told financial analysts on Thursday that the multinational telecoms company had decided to hold off on selling the jewel in the [...]

Tourist numbers from the United States continue to rise this year according to Portugal’s National Statistics Institute (INE) with the number of visitors registered at Portuguese hotels and [...]

The CEO of Sino-Portuguese construction giant, Mota-Engil, Carlos Mota dos Santos has confirmed that building works on Lisbon’s new hospital – Lisboa Oriental – will begin by the end [...]

After sustaining losses of €72.2 million in Q1 of 2024, Portugal’s national carrier TAP Air Portugal closed the first half of 2024 with a modest profit of €400,000, but still down 98.3% on 2023 [...]

Spain, Holland and Luxembourg are the main sources of foreign direct investment in Portugal according to data released by the Bank of Portugal. However, in the case of the latter two, both [...]

Portugal’s largest private asset manager, IMGA, has secured a record €4.5Bn in assists, spread over 32 investment funds who products are sold by the country’s banks. IM Gestão de Ativos (IMGA) [...]

Portuguese families have never had so much money in deposit accounts – €189Bn in June this year. Deposits increased by €2.3Bn in June, up 7.2% like-for-like on the previous month and the [...]