By Joanna Plucinska and Sergio Goncalves LONDON/LISBON (Reuters) – Air France-KLM’s decision to take a stake in Scandinavia’s SAS airline offers a taste of its potential approach for the next …
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By Sergio Goncalves LISBON (Reuters) -Portugal’s soon to be privatised TAP airline would fit right into IAG’s profile as a developer of airlines and hubs, also strengthening its existing operations, …
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By Sergio Goncalves LISBON (Reuters) – The former chief executive of Portuguese airline TAP, Christine Ourmieres-Widener, has filed a lawsuit in a Lisbon court to claim over 5.9 million euros …
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LISBON (Reuters) – Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the previous month, also slipping slightly on a monthly basis, flash …
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LISBON (Reuters) – Housing rents in Portugal jumped nearly 11% to a record high in the last quarter of 2022, official data showed on Wednesday, adding to the soaring cost …
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LISBON (Reuters) – Rui Nabeiro, the founder of Portugal’s largest roasted coffee retailer Delta Cafes and one of the country’s top entrepreneurs, has died at the age of 91, the …
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LISBON (Reuters) – A former owner of Portugal’s flag carrier TAP, David Neeleman, denied on Friday making a deal in 2015 to overpay for Airbus planes after prosecutors said last month they …
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LISBON (Reuters) – Portuguese consumer prices rose 8.2% year-on-year in February in a slowdown from 8.4% reported in the previous month, flash data from National Statistics Institute (INE) showed on …
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By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Friday lowered its 2023 economic growth forecast to 1.5% from 2.6% predicted in June, expecting a sharp slowdown after this …
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By Catarina Demony LISBON (Reuters) – Portugal’s parliament voted again on Friday in favour of decriminalising euthanasia in the Catholic-majority country but the bill, which has already been vetoed by …
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By Sergio Goncalves LISBON (Reuters) – Portugal’s economy expanded 0.4% in the third quarter from 0.1% in the previous quarter, boosted by higher private consumption despite inflation at three-decade highs, …
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LISBON (Reuters) – Portuguese consumer prices rose 9.9% year-on-year in November, slowing down slighly from the 10.1% reported in the previous month, flash data from the National Statistics Institute (INE) …
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LISBON (Reuters) – Portugal’s parliament on Friday passed the majority Socialist government’s 2023 budget, which aims to further slash the deficit and debt even as economic growth is expected to …
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By Sergio Goncalves and Andrei Khalip LISBON (Reuters) – Further consolidation of Portugal’s banking sector is inevitable, European Central Bank member Mario Centeno told Reuters on Wednesday, calling “remarkable” the …
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By Sergio Goncalves and Aislinn Laing LISBON (Reuters) – Portugal’s finance minister has backed the European Commission’s proposal to change the EU’s fiscal rules to allow governments to negotiate individual …
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LISBON (Reuters) – Portuguese consumer prices rose 10.1% year-on-year in October, their fastest pace since May 1992, final official data showed on Friday, in a slight downward revision of an …
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LISBON (Reuters) – Portuguese airline TAP posted a rare net profit in the third quarter on Wednesday on strong revenue and helped by currency hedging, but said visibility for next …
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LISBON (Reuters) -Portugal’s economic growth accelerated to 0.4% in the third quarter from the previous quarter’s 0.1% thanks to an unexpected rise in private consumption despite high inflation, although annual …
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LISBON (Reuters) – Portugal’s parliament easily approved the majority Socialist government’s 2023 budget bill on its first reading on Thursday, paving the way for planned further deficit and debt reductions …
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By Sergio Goncalves LISBON (Reuters) – Portugal’s Prime Minister Antonio Costa has urged the European Central Bank (ECB) to be prudent in raising interest rates from abnormally low levels, despite …
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By Sergio Goncalves LISBON (Reuters) -Portugal unveiled its draft 2023 budget on Monday, projecting a steep slowdown in economic growth with high energy and food prices expected to weigh on …
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By Sergio Goncalves LISBON (Reuters) – Around 60 flights were cancelled at Lisbon airport on Sunday, the last day of a strike by handling workers that has brought more disruption …
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(Reuters) – Portuguese consumer prices jumped 9.1% year-on-year in July, the fastest pace since November 1992, up from 8.7% in June, flash data from the National Statistics Institute (INE) showed …
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By Sergio Goncalves LISBON – Portugal’s largest listed bank, Millennium bcp, reported on Wednesday a five-fold rise in first-half net profit, boosted by solid core income and strict cost cutting, …
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MADRID – Portugal’s Galp Energia has bought the 24.99% it does not already own of Titan Solar, a renewable energy joint venture created with Spanish engineering firm ACS in 2020, …