Edition:
United Kingdom

Sergio Goncalves

Bidders line up offers for Portugal's largest motorway operator Brisa - sources

18 Jul 2019

LISBON/MADRID At least three infrastructure funds and a Spanish toll road operator are lining up offers for a stake in Portugal's largest motorway manager Brisa, three sources with knowledge of the matter said.

Portugal's Novo Banco plans to halve bad loan ratio soon - chairman

15 Jul 2019

LISBON, July 15 Portugal's Novo Banco, controlled by U.S. private equity fund Lone Star, expects to halve its non-performing loan ratio to 10% this year or next, putting it on a par with domestic rivals, its chairman told Reuters.

Generali in exclusive talks to buy Portugal's Tranquilidade - sources

09 Jul 2019

LISBON/LONDON Italy's Generali has entered exclusive negotiations to buy Portuguese insurer Tranquilidade in a deal to boost its presence in Portugal, two sources familiar with the matter said.

Generali in exclusive talks to buy Portugal's Tranquilidade - sources

09 Jul 2019

LISBON/LONDON, July 9 Italian insurer Generali has entered exclusive negotiations to buy Portuguese insurance firm Tranquilidade, two sources familiar with the matter said.

Tunisia boosts renewables with 'game-changing' solar tender

12 Jun 2019

LISBON Tunisia is set to select the winners of its "game-changing" 500 megawatt (MW) solar energy concessions tender by September as it seeks to attract more foreign investment in renewable energy, industry and energy minister Slim Feriani said on Wednesday.

Portugal's Socialists prepare run for majority rule after EU vote

27 May 2019

LISBON Portugal's ruling Socialists are prepared to ditch their far-left allies and go it alone at a general election in October, emboldened by their sound economic management and a weak opposition to seek majority rule.

Portugal's Socialists prepare run for majority rule after EU vote

27 May 2019

LISBON Portugal's ruling Socialists are prepared to ditch their far-left allies and go it alone at a general election in October, emboldened by their sound economic management and a weak opposition to seek majority rule.

Portugal PM threatens to resign if parliament passes teachers' pay hike

03 May 2019

LISBON Portuguese Prime Minister Antonio Costa threatened to resign on Friday after his leftist allies abandoned the government in a preliminary parliamentary vote that could undermine efforts to balance the budget by raising teachers' salaries retroactively.

EDP shareholders vote scuppers Chinese takeover bid, partnership to go on

24 Apr 2019

LISBON Shareholders of EDP-Energias de Portugal voted on Wednesday to effectively block a 9 billion euro ($10 billion) takeover bid by China Three Gorges (CTG), but the Portuguese utility said their partnership would continue, with a focus on Latin America.

Euro zone governments worry over Italy's low growth: Eurogroup

23 Apr 2019

LISBON The euro zone is worried about the heavily indebted Italian economy's weak growth and needs Rome to implement its budget plans "with credibility", the head of the currency bloc's group of finance ministers said.

World News