News

Losses incurred by Banco Espírito Santo which collapsed 12 years ago in 2014 have dropped to €402.2 million. However, the bank which is in an ongoing liquidation process continues to be inundated [...]

Buying a house to put on the rental market brought in a gross yield of 7.2% for landlords in the first quarter of the year. This amount was 0.1% below the same period in 2024 but 0.6% greater [...]

Portugal’s Sonae, through its venture capital arm Bright Pixel, has increased its investment in the French cybersecurity startup Sekoia, co-investing €26 million. “As partners of Sekoia.io since [...]

The president of Portugal’s Commission for Equality in the Workplace (CITE), Carla Tavares, has criticised the mail drop of letters sent out by the US Embassy in Portugal to companies telling [...]

The Portuguese telecoms company NOS is forging ahead with a restructuring plan that could involve job losses. According to Bloomberg, the company is undergoing a change in organisational [...]

Portugal’s government held emergency meetings with business and industry associations on Tuesday to hammer out a tariff impact mitigation plan and beef up credit lines for competitiveness and [...]

Portugal’s government has ripped up an iron ore mining concession granted to the UK’s Aethel Mining for mines at Torre de Moncorvo near Braganza. It said it withdrew the concession over “failing [...]

The number of companies in Portugal making mass redundancies in the first two months of 2025 had risen 22% like-for-like on 2024 to 1,204 employees – the highest number since 2014 when the [...]

The estate agency ERA Portugal enjoyed a €28 million turnover in the first half of the year, a like-for-like increase of 32%, achieving its best first half results ever. March was the best month [...]

Portuguese healthtech UpHill is leading a European consortium with an €8 million investment to bring healthcare data to three million people. The project foresees the participation of around [...]