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        Author Archive for: "[email protected]"
        0
        By Christopher Graeme
        In Health and Wellness, Insurance, News
        Posted 8 Julho, 2024

        4 million will have private health insurance by the end of 2024

        The President of the Portuguese Association of Insurers, José Galamba de Oliveira has said that the National Health System (SNS) is “irreplaceable” and that health insurance should be seen as [...]

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        0
        By Christopher Graeme
        In Aviation, News, TAP, Tourism
        Posted 8 Julho, 2024

        Algarve tourism boss hopes for TAP flights from Faro to Brazil

        The President of the Algarve tourism bureau Turismo do Algarve has called on TAP to strengthen national and transatlantic links from the Algarve with the hope it will become a “reality in the [...]

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        0
        By Christopher Graeme
        In Banks, BES GES, Lawsuits, News
        Posted 8 Julho, 2024

        Haitong bank sues Novobanco for hundreds of millions of euros

        China’s Haitong Bank has opened a lawsuit against Novobanco over irregularities in the sale of former Banco Espírito Santo Investments (BESI) in 2014 in a €380 million deal. The Chinese banking [...]

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        0
        By Christopher Graeme
        In Altice Portugal, News, Telecoms
        Posted 8 Julho, 2024

        Saudis pull out of Altice Portugal acquisition bid

        Saudi Telecom, which was in the running to buy Altice Portugal, has now pulled out of the race after negotiations stalled. Saudi Telecom had been looking for a Portuguese partner for the [...]

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        0
        By Christopher Graeme
        In Cybersecurity, ICPT, Media, News, Sports and Leisure
        Posted 5 Julho, 2024

        Technology & Cybersecurity: a World at Two Speeds

        Cybercrime not only affects Portugal’s businesses, costing companies millions each year; it has the potential to destroy lives as the guest speaker at a lunch-debate organised by the [...]

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        0
        By Christopher Graeme
        In Companies, News, Utilities
        Posted 5 Julho, 2024

        Indaqua to compete for low voltage electricity distribution concession

        Indaqua, which holds water concessions in Portugal, supplying over 800,000 consumers in 10 municipalities, particularly in the North of Portugal is to enter the competition for a concession from [...]

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        0
        By Christopher Graeme
        In Companies, Company takeovers, Mergers and Acquisitions, News, Telecoms
        Posted 5 Julho, 2024

        Vodafone takeover bid for Nowo rejected by Portugal’s competition authority

        Portugal’s competition authority has definitively rejected a take-over bid by Vodafone to buy telecoms company Nowo. “The Autoridade da Concorrência (AdC) has decided not to authorise the [...]

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        0
        By Christopher Graeme
        In Companies, Corruption, News, Police probes
        Posted 5 Julho, 2024

        Digital marketing, communications and publicity companies boss investigated in corruption probe

        Portugal’s Judicial Police (PJ) have swooped on communication and marketing companies owned by entrepreneur Luís Bernardo over suspicions of corruption and abuse of power. Some 34 search warrants [...]

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        0
        By Christopher Graeme
        In Bankruptcy and liquidation, Banks, News, Resolutions
        Posted 5 Julho, 2024

        Parvalorem pays €100 million to State but owes €5.3Bn

        Parvalorem, a Portuguese public company set up to manage and claw back assets from the nationalised bank BPN which collapsed in 2008, has managed to pay the State back around €100 million. It is, [...]

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        0
        By Christopher Graeme
        In CMVM, Companies, Euronext Lisboa, Listed companies, News, Securities
        Posted 5 Julho, 2024

        Lisbon stock market listed companies’ returns double in 10 years – Portuguese companies outperform listed companies in Europe and America

        The average Return on Investment on own capital of Portuguese companies listed on the Portuguese stock market Euronext Lisboa hit 14.5% in 2023 more than double the 6.1% average seen over the [...]

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