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The recent galloping increases in residential house prices in the Lisbon area appears to be slowing according to data for the second quarter released this week. The cooling down was seen in seven [...]

The former majority shareholder in airline TAP, David Neeleman, has asked the Portuguese government stop using the airline as a political “weapon”. Instead, the entrepreneur who owns JetBlue said [...]

Developer Jeffrey E. Levine is an extraordinarily successful entrepreneur in New York, one of the most difficult and competitive real estate markets in the world. He started with nothing and [...]

BCP’s Polish bank Bank Millennium has posted losses of €270.5 million to September. According to a note sent by BCP to the stock market commission CMVM, these losses are above all explained by [...]

Portugal’s oil and gas giant Galp has posted a net profit of €608 million to September, 2022, up 86% on the same period in 2021. All segments of the business showed “a strong performance” but the [...]

Integrated on the Smart Open Lisboa Platform (SOL), Lisbon Municipal Council has launched the SOL Energy Transition with Beta-i to help make Lisbon carbon neutral by 2030.  SOL is an innovative [...]

Developer Avenue has announced two new real estate projects representing €220 million of investment. Avenue said of the projects which are still in an embryonic phase: “We have two projects that [...]

Electricity consumers will be forking out an average 11% on their bills from January next year. This will increase the amount householders pay one their bills by between 35 cents and €2.15 [...]

Spain, France and Portugal have abandoned the MidCat gas interconnected project and have agreed on a green energy gas corridor. A new gas pipeline will link Barcelona to Marseille, Spain’s Prime [...]

From the end of this month CorPower Ocean will begin generating electricity from waves off the Portuguese coast. Energy companies Galp, EDPm Shell and even IKEA are said to be interested in the [...]