United Kingdom


EU says agreement stands after Portugal bank resignations

BRUSSELS European Commission Vice President Valdis Dombrovskis said on Monday that Brussels' "agreement in principle" over Portugal's state-owned bank Caixa Geral de Depositos (CGD) remained in force despite resignations of top managers.

UPDATE 3-Portugal's yields fall on bank investment, French uncertainty reigns 21 Nov 2016

LONDON, Nov 21 Portugal's bond yields fell in volatile trading on Monday as news of Chinese investment in the country's largest-listed lender lifted sentiment towards its weak banking sector.

Portugal's 10-year govt bond yield tumbles from nine-month highs 21 Nov 2016

LONDON, Nov 21 Portugal's 10-year government bond yield fell sharply on Monday, reversing an earlier rise to nine-month highs, as news of a Chinese investment in the country's largest-listed bank lifted sentiment towards a weak banking sector.

Portugal's 10-year bond yield rises to nine-month high 21 Nov 2016

LONDON, Nov 21 Portugal's 10-year government bond yield rose to its highest level in more than nine months on Monday, as peripheral markets continued to bear the brunt of selling in a global debt market rout.


EU Commission decides not to suspend EU funds for Spain, Portugal 16 Nov 2016

BRUSSELS The European Commission said on Wednesday it will not suspend EU funds for Spain and Portugal next year following their breach of EU budget rules, as it also called for looser fiscal policy across the euro zone.

Euro zone bond sell-off pauses as economy improves 15 Nov 2016

LONDON Euro zone government bond yields pulled back from recent highs on Tuesday after economic data from Italy and Portugal beat expectations and allayed some of the concerns around southern European countries.

EU says Greece, Italy, two others modify unfair state guarantees 08 Nov 2016

BRUSSELS Italy, Spain, Greece and Portugal have amended state guarantees on deferred tax assets created by banks following discussions with EU regulators concerned that these may give the lenders an unfair advantage, the bloc's state aid chief said on Tuesday.


Ryanair to fly from Frankfurt to Spain, Portugal from end-March 02 Nov 2016

FRANKFURT Irish low cost carrier Ryanair will start flying from Frankfurt airport to tourist destinations in Spain and Portugal, the airline and airport operator Fraport said on Wednesday.


EU sends statement of objections to Brussels Airlines and TAP over code-share 27 Oct 2016

BRUSSELS European Union antitrust regulators have sent Brussels Airlines and TAP Portugal a statement of objections over their code-sharing on the Brussels-Lisbon route because they believe it restricts competition between the two airlines.

UPDATE 2-Portugal holds firm in euro zone bond sell-off 26 Oct 2016

LONDON, Oct 26 Portugal outperformed euro zone peers in government bond markets on Wednesday, following firm demand at the country's first debt sale since it passed a key ratings test at the end of last week.


China blames Taiwan for president's 'petty' phone call with Trump

WASHINGTON/BEIJING U.S. President-elect Donald Trump spoke by phone with President Tsai Ing-wen of Taiwan, the first such contact between the two sides in nearly four decades, but China dismissed the call as a "petty action" by the self-ruled island it claims as its own.