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Portugal is “totally against” an EU proposal for member states to cut gas usage until March because it would hamper electricity production through gas-fired plants when the country faces an [...]

Portuguese oil and gas company Galp has acquired a further 25% of solar energy company Titan. It means that it now owns 100% of the photovoltaic company in a deal which is estimated to have cost [...]

It was not “imprudent” for the European Central Bank to raise interest rate by 0.5% now rather than last year, according to Vítor Constâncio, the former governor of the Bank of Portugal and ex [...]

A combination of extreme drought and the heat wave could seriously affect wine production in Portugal. In the Upper Douro grapes are already showing signs of stress because of a lack of water and [...]

The Portuguese government has declared the José Berardo Foundation “wound up” and has given it 10 working days to hand over all documents and inventories. The “extinction” of the foundation [...]

The US unlimited graphic design company Pickle based in Scottsdale, Arizona is to invest €1 million to strengthen its position in Portugal and double its team. The company opened an office in [...]

The former president of Banco Espírito Santo Angola (BESA), Álvaro Sobrinho, has been accused of syphoning off €6Bn from the bank. Álvaro Sobrinho has, according to CNN Portugal, been accused of [...]

The Portuguese luggage storage start-up Luggit is to expand its services to eight European cities, starting with Barcelona and Prague. Offering driver and luggage safe facilities, the start-up [...]

The Yotel Porto has been acquired by insurer Fidelidade via its real estate fund IMOFID. IMOFID is an open real estate investment fund which is 100% held by Fidelidade. It bought the hotel for [...]

The Portuguese government has declared the José Berardo Foundation “wound up” and has given it 10 working days to hand over all documents and inventories. The “extinction” of the foundation [...]