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The Lusiaves Group has launched a solar farm on the tails of a solar power auction held in 2019. With an installed capacity of 17.37 megawatts, the infrastructure in the district of Soure, [...]

Since the transition of power from José Eduardo dos Santos to João Lourenço in 2017, Angola’s economic policy has shifted towards Neo-Thatcherism in a bid to diversify the economy away from [...]

Corticeira Amorim has paid Novobanco €22 million for a parcel of land adjacent to an estate by Rio Frio. The land south of the Tejo includes a number of properties earmarked for forestry and is [...]

The Portuguese technology company Talkdesk, a unicorn founded by Tiago Paiva, could shed up to 200 staff. The company is to reduce the number of its employees all over the world to align its [...]

A blue teeshirt from Zeitreel has been chosen for Princess Charlotte to wear. The garment cost only €14.95. The article of clothing is sold under the brand name Losan which is owned by Zeitreel, [...]

The retail chain Lídl has announced in a communiqué that it will invest €200 million in Portugal this year. The German company also said it was fully committed to Portugal where since 2017 it has [...]

Portugal’s banks are in no rush to raise interest rates on savers’ deposits even through the European Central Bank has done so by 0.5%. Portugal’s main five banks Santander Totta, CGD, Novobanco, [...]

High increases in the price of gas is financially undermining Portuguese manufacturers, particularly companies in the areas of textiles, apparel, and ceramics. This is according to the President [...]

Portugal’s business confederation CIP says that the price cap mechanism agreed with Brussels to limit electricity inflation, if sensibly applied, will help companies offset spiralling energy [...]

Mário Ferreira, the Portuguese business tycoon who owns the Pluris Investments Group, has decided not to advance with a €40 million loan from Portugal’s development bank Banco Português de [...]