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Around 30% of local accommodation licences failed to make the December 13 deadline to deliver a proof of activity to city councils and have now had their licenses automatically cancelled. Of the [...]

The former Portuguese unicorn Farfetch could dismiss up to 2,000 staff or 25% of its workforce as its fortunes tumble on the Lisbon stock market; its shares worth only US$0.5282 – a fall of [...]

Portugal is being overtaken by much of Europe in terms of growth as its GDP per capita was 21% below the European average according to Portugal’s National Statistics Institute. Despite an [...]

Former TAP CEO Christine Ourmières-Widener, who was fired from her job over a “just cause” says that doors are slamming in her face from working for listed companies and says her career has been [...]

The Portuguese unicorn Sword Health is the fastest growing Portuguese technology company according to Deloitte. The company was followed by Addvolt and Knok in the top 3 in the ranking of the [...]

Trading between Portugal and the UK is still facing a high-level of uncertainty and complexity according to the 2nd edition of the survey report ‘Trading between Portugal and the UK’ which was [...]

The Portuguese Association of Textiles and Clothing (ATP) says exports of clothing and textiles fell by 2.1% in October to €482 million, but increased in volume by 0.6% like-for-like on 2022 to a [...]

Euro MPs have approved the candidacy of ex-Portuguese finance minister João Leão, to the European Court of Auditors. João Leão, who was Portuguese Finances minister from 2020-2022, and was one of [...]

United States citizens are scrambling to qualify for Portugal’s tax breaks before they are phased out according to Bloomberg. An end to tax breaks for so-called ‘Non-Habitual Residents’ announced [...]

Saudi Telecom is on the list of potential buyers of Altice Portugal as it looks to expand its business in Europe according to Bloomberg. And according to the news agency there are other companies [...]