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Portuguese bank CGD sells 500 million euro senior non-preferred bond

LISBON Portugal's largest bank, Caixa Geral de Depositos (CGD), said on Monday it had issued a 500 million euro (£426.5 million) senior non-preferred five-year bond, the first time a Portuguese lender has issued this type of debt.

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Portugal to raise minimum wage to 635 euros, still lowest in western Europe 13 Nov 2019

LISBON Portugal's minority Socialist government presented on Wednesday a proposal to raise the monthly minimum wage by nearly 6% to 635 euros (£547) next year, remaining the lowest in western Europe.

BRIEF-Novo Banco 9-month Recurrent Net Profit At 140.1 Mln Euros 08 Nov 2019

Nov 8Portugal's Novo Banco SA: * 9-MONTH RECURRENT NET INTEREST INCOME 361 MILLION EUROS * 9-MONTH RECURRENT NET PROFIT 140.1 MILLION EUROS * RECURRENT BAD LOAN RATIO 5.6% AT END-SEPTEMBER Source text: https://bit.ly/2NQMn5a (Gdansk Newsroom)

Portugal hopes European tech investment will drive up exports 06 Nov 2019

LISBON, Nov 6 European investment in Portugal's digital sector can help address a shortfall in equity funding for start-ups and support an export-driving technology industry, Portugal's economy minister said on Wednesday.

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Airbus-owned Stelia Aerospace to build Portugal assembly plant 29 Oct 2019

LISBON Stelia Aerospace, owned by European planemaker Airbus , will open a 40 million euro ($44 million) assembly plant near Porto in Portugal, creating 240 jobs, company and government officials said on Tuesday.

Brisa owners to sell majority stake in Portugal's highway operator 28 Oct 2019

LISBON The two main owners of Portugal's Brisa have put stakes in the motorway operator up for sale in a move which sources have said could value the company at up to 5 billion euros (4.3 billion pounds) and attract bids from companies in Europe and Australia.

Portugal cautious about risks posed by Facebook's Libra 11 Oct 2019

LISBON, Oct 11 Portugal's Secretary of State for Finance raised concerns about Facebook's digital currency Libra on Friday, stating that it should not circulate until the risks it could pose for the financial system are addressed.

UPDATE 2-Portugal's 10-year bond yield falls to five-week low, below Spain's 08 Oct 2019

LONDON, Oct 8 Portugal's 10-year bond yields hit five-week lows on Tuesday on expectations that the Socialist party would swiftly form a new government after its election victory at the weekend.

UPDATE 7-Portugal's ruling Socialists win election but fall short of outright majority 07 Oct 2019

* Far-right party wins first seat since end of dictatorship (Adds far-right, analyst, details)

Portugal's Cofina reaches deal with Prisa to buy Media Capital 21 Sep 2019

LISBON Portuguese publishing group Cofina announced on Saturday that it reached an agreement with Spanish firm Prisa to acquire Media Capital, which operates one of Portugal's biggest TV channels, for an enterprise value of 255 million euros (225.14 million pounds).

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Democrats huddle to draft impeachment charges against Trump

WASHINGTON Democrats in the U.S. House of Representatives met on Saturday to prepare for what could be the final week of their months-old impeachment inquiry that has imperiled Donald Trump's presidency.