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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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)…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
(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…
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,…
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,…