 |
Portugal in $3.9bn deal to sell airport operatorPortugal is set to beat its privatisation revenue goal by selling airport operator ANA to French construction firm Vinci in a deal worth about three billion euros ($3.97 billion), sources said. Vinci was chosen because of the high More… |
 |
Portugal Kiss wins SIAL innovation awardNutrigreen, a Portuguese company dedicated to the processing of fruits and vegetables, has won the innovation award for its fresh fruit bars at the SIAL Middle East, a leading professional trade exhibition for the food, drink and hospitality ind More… |
 |
Spanish bailout could reach $125bnA bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros ($125 billion), two senior EU sources told Reuters on Saturday. Spain has not yet made a formal request for European aid but More… |
 |
ECB provides easier funding for PortugalThe European Central Bank (ECB) had tried to hold the line on the euro zone debt crisis, helping Portuguese banks with easier funding while opposing any measures that could leave Greece in default. The ECB had strong words for the credit r More… |
 |
Gold up after Portugal rating cutSpot gold rose to a 1-1/2-week high on Wednesday, supported by a weaker dollar and renewed worries about the euro zone's debt problem after Moody's slashed Portugal's credit rating to junk. Moody's also warned that Portugal may need a seco More… |
 |
Euro off 7-week low but still seen wobblyThe euro held steady on Tuesday, staying above a seven-week low hit the previous day, but downside risks persisted. The euro also remains vulnerable due to concerns about the debt of peripheral euro zone countries, although it gained some More… |
 |
Crisis-hit Portugal, Ireland ratings cutCredit rating agency Fitch has downgraded Portugal saying the debt-laden country needed a bailout, while rival agency S&P cut Ireland's rating after bank stress tests revealed another black hole. Despite a successful Portugues More… |
 |
Brent falls to $115 on euro-zone concernsBrent crude fell for a second day on Thursday, shedding as much as 0.5 per cent towards $115, after the resignation of Portugal's prime minister rekindled euro-zone concerns, prompting oil traders to unwind long positions and take profits. More… |
 |
Portugal bank launches new mobile websiteBanco Best, the leading Portuguese direct bank, has launched a new mobile website, with a new graphic interface, information architecture and navigation. It's the only mobile website in the market that allows clients to perform all transac More… |
 |
UAE, Portugal ink air services pactThe UAE, represented by the General Civil Aviation Authority (GCAA) recently initialed an “open” air services agreement (ASA) with the Portuguese Republic in Dubai. The agreement replaces an old agreement initialed on May 2, 2005 in Lisbon More… |
