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The international investment bank Goldman Sachs says that the third quarter results for EDP Renováveis, the renewables arm of Portuguese energy giant EDP, are “disappointing” and have [...]

Ricardo Salgado and six other defendants have been accused of corruption in business links of the Espírito Santo Group (GES) in Venezuela. As the alleged crimes took place between 2009 and 2014, [...]

The co-founder of Web Summit, Paddy Cosgrave, has quit his leadership of Web Summit as more and more Israeli companies (and major tech giants) pull out of the annual Lisbon event in November [...]

Since entrepreneur Rui Lopes introduced the world to Alice, she has become an absolute sweetheart for over 3 million customers Europe-wide. Essential Business spoke to the founder of AgentifAI to [...]

The Spanish bank Abanca says it is prepared to up its offer to buy 57% of the Portuguese bank EuroBic for €300 million. ThIs is according to Jornal Económico that quoted a shareholding source at [...]

ETSA, a Semapa Group company that specialises in recovering animal by-products, is to invest €80 million and double its business in 5 years. The food industry recycling company aims to invest in [...]

Caixa Geral de Depósitos, Montepio and Lx Partners have put up €4.6Bn of Non-Performing Loans for sale. CGD is selling its portfolio Pluto with €150 million of assets, Banco Montepio has the [...]

Square Asset Management has admitted it will invest more in Madeira after acquiring the shopping centre La Vie Funchal. Through its fund CA Património Crescente, Square AM purchased the shopping [...]

The Portuguese are demanding more invoices with tax numbers with 1.290 billion issued since January. This is according to data available on the government portal e-Fatura (e-Invoice) that states [...]

After years of being in the headlines for the wrong reasons, Portugal’s State-owned airline TAP has unveiled a “massive marketing campaign” to reposition its brand. The marketing drive has been [...]