Banco Comercial Português (BCP) shares took a 6% tumble on Thursday because of a decision from the European Court of Justice (ECJ) which was unfavourable for the bank in Poland on mortgages taken [...]
The Council of Ministers has approved preventative measures to block up parcels of land in order to speed up the first competitive tenders for the high-speed rail link between Porto, Aveiro and [...]
The Portuguese government’s Council of Ministers has given the green light to a change of use of the Figo Maduro military aerodrome adjacent to Lisbon’s international airport in order to extend [...]
The stock of non-performing loans in Portugal’s financial system has fallen by 70% over the past four years according to the consultants Prime Yield. According to a report in business daily [...]
The British ambassador to Portugal Chris Sainty ended his five-year tenure in December and recounted the trials and tribulations of Brexit and Covid-19 that severely tested the world’s oldest [...]
The former Portuguese unicorn Farfetch, which specialises in selling both new and second-hand luxury goods on a dedicated platform, has been accused in the US of providing “misleading [...]
The Sino-Portuguese construction giant has been selected to build Lisbon’s red line metro extension from São Sebastião to Alcântara. The project has been awarded for a budget of €321,88 million. [...]
Stoneshield Capital, managed by Filipe Morenés – the son of the President of Santander, Ana Botín – and Juan Pepa, has invested €50 million in acquiring two 500-bed university [...]
A former manager at Novobanco in Spain is being investigated for swindling 80 clients from around €50 million in a Ponzi scheme, with a court ordering the bank to stump up a third-party bond of [...]
The startup expressTEC, led by Ana Teresa Maia and Joana Xavier, researchers at the University of Algarve’s Centre of Investigation in Health Technologies and Health Services (CINTESIS) was the [...]