The deposits were using technology that detects natural resources by satellite and are expected to contain at least 1 billion barrels of oil, and another 30 percent more natural gas. The
Chinese companies are now positioning themselves to acquire the main assets of the beleaguered Espirito Santo group, a part of the Portuguese banking system for over a century, with arms
The Secretary of State for Transport, Sérgio Monteiro, said after the meeting that as well as the airline all the group’s assets would be sold, including, for example, the maintenance
Portuguese power company EDP – Energias de Portugal has sold half of the 66.67 percent stake held in Brazilian power company Empresa Energia São Manoel (São Manoel) to the subsidiary
Portugal’s proposed State Budget for 2015 includes a reduction of two percentage points on corporate tax – to 21 percent – in an effort to attract foreign investment, according to
A statement issued Thursday by the office of the Minister of State and Foreign Affairs, said the government had made “a very positive assessment of the program,” launched on 8
The Chinese are the foreigners from outside the European Union who spend most in Lisbon’s retail stores, beating Brazilians and above all Angolans, who for many years were the main
Portugal’s direct investment in Portuguese-speaking African Countries (PALOP) and Timor-Leste (East Timor) fell 78 percent in 2013, according to figures released this week by the Bank of Portugal in Lisbon. The
In a statement filed with the Hong Kong Stock Exchange, the Chinese company said it it was offering 4.72 euros per share of ES Saude, a company that manages hospitals,
Ten years after he published the acclaimed “Portugal, Hoje: O Medo de Existir” (Portugal Today: The Fear of Existence), philosopher José Gil was in Macau earlier this week to talk
Portugal’s new development bank, Instituição Financeira do Desenvolvimento (Financial Development Institution – IFD), is due to start operating this year with starting capital of 100 million euros, the Portuguese government said
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