LUTON, England Mary Quist arrived at Luton Airport in the early hours of Monday looking forward to a holiday in Portugal, but the sudden collapse of Britain's Monarch Airlines meant a day of confusion and frustration.
LISBON Portugal expects credit ratings agencies Moody's and Fitch to lift its sovereign rating back to investment grade in coming months, bringing its bond yields close to Spanish levels, deputy finance minister Ricardo Mourinho Felix said.
LISBON Portugal's three biggest banks plan to manage jointly some of their bad loans to avoid more writedowns, effectively taking on the task of trying to tackle one of Europe's biggest bad-debt burdens.
MILAN European shares ended Monday's session close to six-week highs, helped by buoyant global stock markets, stronger financials and a rally in Portugal after the euro zone member regained investment grade rating.
* Portugal leads European shares to six-week high (Updates prices)
LONDON, Sept 18 Portugal's 10-year bond tumbled to its lowest level in more than a year on Monday after the country returned to an investment grade rating after 5-1/2 years.
WARSAW Spanish bank Santander is the frontrunner to buy Deutsche Bank's Polish assets ahead of Portugal's Millennium bcp , two sources familiar with the matter said.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Updates prices for close)
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr
LISBON Portugal's Novo Banco has formally launched the sale process of life insurance unit GNB Seguros Vida, one of the country's biggest insurers with assets of more than 5 billion euros (4.46 billion poounds), Novo Banco said on Tuesday.
SAN FRANCISCO A U.S. judge on Tuesday blocked President Donald Trump's latest bid to impose restrictions on citizens from eight countries entering the United States, which had been set to take effect this week.