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Portugal’s main public financial companies made €550 million in profits in 2020, down €358.5 million than in 2019. The report presents a detailed portrait of the patrimonial situation of the 143 [...]

The entrepreneur and art collector Joe Berardo is to advance with a lawsuit for €900 million in compensation from several Portuguese banks. The collector says the money is to compensate the José [...]

Efanor Investimentos SGPS, a holding controlled by the Azevedo family which is the largest shareholder in the Sonae Group, is to become a European joint stock company. The move was initiated in [...]

If you read the European Commission’s Rule of Law Report for Portugal it comes out fairly positive compared to some of its EU partners. The European Commission recognises the ongoing measures to [...]

The economist Vítor Bento, who is president of the Portuguese Banking Association, warned “an uncertain future” meant that a recession “could not be rule out” for Portugal. Bento made his [...]

National imports of natural liquified gas (LNG) from the United States shot up by 1000% in the first three months of the year. At the same time, LNG imports from Russia were “residual’ when [...]

The ratings agency Fitch has maintained Portugal’s rating at BBB with a positive outlook. The ‘positive outlook’ which has replaced its previous ‘stable outlook is down to [...]

The Portuguese startup Bettery, which produces 100% plant-based nutritional protein supplements, has begun selling its products nationally and online. The biotechnology startup was founded during [...]

The Avenue, a luxury residential property in Porto, has won the award at the International Luxury Lifestyle Awards 2022 in New York in the category of ‘Best Luxury Apartment Living in Portugal’. [...]

Caixa Geral de Depósitos (CGD) has recommended that the Ministry of Finance should temporarily suspend the sale process of the Banco Comercial do Atlântico (BCA), the largest bank in Cape Verde [...]