News

US oil company Exxon Mobil has pulled out of the race to buy a 40% share of the 80% that Portuguese energy company Galp holds in a crude oil exploration project off the coast of Namibia at the [...]

Portugal’s Benfica Football Club (Benfica SAD) posted a negative net result of €31.36 million euros in 2023/24, according to economic and financial information reported to the Portuguese [...]

As part of Euronext Sustainability Week, the company that includes the Lisbon Stock Market Euronext Lisbon, is to launch various initiatives to help SMEs to navigate and apply new sustainability [...]

Building affordable homes for the Portuguese middle classes continues to be a back burner project for real estate developers because the government has not created sufficient conditions to make [...]

When most people think of supermarkets in Portugal it tends to be one of the big three like Continente (Sonae), Pingo Doce (Jerónimo Martins), or Lidl (Schwarz Group). You would not, probably, [...]

The US ratings agency Moody’s increased the rate of Novobanco’s non-secured senior debt from Ba1 to Baa3 on Thursday with a ‘positive outlook’. It means that bank’s investment prospects are no [...]

A group of German investors who purchased a deactivated Alentejo mine in São Domingos, in the district of Mértola, now have a project to build solar, eolic and green hydrogen facilities. La [...]

The Chief Financial Officer of Altice International, Malo Corbin told financial analysts on Thursday that the multinational telecoms company had decided to hold off on selling the jewel in the [...]

Tourist numbers from the United States continue to rise this year according to Portugal’s National Statistics Institute (INE) with the number of visitors registered at Portuguese hotels and [...]

The CEO of Sino-Portuguese construction giant, Mota-Engil, Carlos Mota dos Santos has confirmed that building works on Lisbon’s new hospital – Lisboa Oriental – will begin by the end [...]