Lisbon has been chosen by Microsoft to launch its new Artificial Intelligence Innovation Factory. In partnership with Accenture, Avanade – a joint venture between the consultancy and the [...]
Vasco Antunes Pereira, the CEO of the Grupo Lusíadas Saúde, has called for the return of Public Private Partnerships in the Portuguese health sector, but warns that the model must be [...]
The Angolan State petroleum company Sonangol is facing increased pressure to sell its 19.5% stake in bank BCP. However, the company’s president Sebastião Martins says it has no plans to do so. [...]
Farfetch, the former Portuguese unicorn that was bought out by South Korea’s Coupang, left its offices in Braga at the end of September, 2023. The decision to close the offices it had occupied [...]
Portugal’s cork giant Corticeira Amorim saw sales fall below the €1Bn benchmark in 2023 because of a “significant reduction” in business activity and an unfavourable exchange effect. Corticeira [...]
The Navigator Company, which makes paper and paper paste, closed 2023 with a business turnover of €1.9Bn, its second best result ever. The company posted a net result of €275 million, a 30% fall [...]
Former Portuguese banker António Horta Osório in a consortium comprising the funds Warburg Pincus and Zeno Partners is still in the race to buy Altice Portugal for €6.5-€7Bn for all of its [...]
Portugal’s Public Ministry is to open an investigation into the bankruptcy of the construction company Soares da Costa after questions have arisen over where money from contracts in Angola has [...]
REN – Redes Energéticas Nacionais, Portugal’s national electricity grid company, is to issue green bonds worth €300 million with an eight year maturity aimed at institutional investors [...]
José Neves, the founder, chairman and president of Farfetch, the luxury goods platform company that he founded in 2007, has been removed by Bom Kim the Korean tycoon who has absorbed the company [...]
