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Massimo Zanetti buys Cafes Nandi to boost coffee production in Portugal


MILAN Italy's Massimo Zanetti Beverage said on Wednesday it had signed a deal to buy Portugal's Cafes Nandi in a move to boost coffee production in the country.

UPDATE 1-Portuguese bank halted $1.2 bln transfer of Venezuela funds: lawmaker 05 Feb 2019

CARACAS, Feb 5 Portugal-based Novo Banco halted a transfer of $1.2 billion by the government of Venezuelan President Nicolas Maduro to banks in Uruguay, a Venezuelan legislator said on Tuesday, a day after the opposition denounced what they called the theft of public funds.


Portugal export-oriented investment still growing despite delays 30 Jan 2019

LISBON Investor caution due to Brexit risks and a global slowdown has delayed some investment decisions in Portugal's export-oriented sectors, but foreign cash keeps flowing into such projects at a rate authorities hope could surpass last year's record.


China Three Gorges halts talks with EU regulators on EDP takeover - sources 25 Jan 2019

BRUSSELS/LONDON/HONG KONG China Three Gorges halted talks with EU regulators about its proposed 9 billion euro (£8 billion) takeover of Portugal's EDP-Energia de Portugal over a month ago, two sources close to the matter said, casting doubt on whether the deal will progress.

Portugal's public debt on 'downward trend' - Fitch 24 Jan 2019

LISBON, Jan 24 Portugal's public debt is still high but Fitch is confident that the country's debt trajectory is on a "downward trend", the director of sovereign ratings at the agency said.

Portugal's regulator says no sign CTG looking to drop bid for EDP 24 Jan 2019

LISBON There are no signs that China Three Gorges (CTG) is preparing to abandon its 9 billion euro (8 billion pounds)takeover bid for EDP-Energias de Portugal , an administrator at Portugal's CMVM securities market regulator said on Thursday.

Portuguese minister plays down growing public sector strikes 19 Dec 2018

LISBON, Dec 19 Portugal's Finance Minister Mario Centeno said on Wednesday an increase in strike action in the public sector was "absolutely normal" in a growing economy that was making workers more demanding even as the state increased spending.

Portuguese bond yields hit seven-month low after ECB sets out reinvestment plans 13 Dec 2018

LONDON, Dec 13 Portugal's 10-year government bond yield hit new seven-month lows on Thursday after the European Central Bank kept some flexibility in its plans for its bond reinvestment.

Portugal china maker VAA dishes out shares to support global push 07 Dec 2018

LISBON, Dec 7 Portugal's leading fine china maker Vista Alegre Atlantis (VAA) has launched a secondary share offering to significantly increase its free float and support what it sees as strong growth opportunities in Europe, the Americas and Asia.


Airbus delivers first A330neo in Boeing 787 dogfight 26 Nov 2018

TOULOUSE, France Europe's Airbus delivered its first A330neo jet to TAP Portugal on Monday as it seeks to trump U.S. rival Boeing in the fiercely competitive battle at the lower end of the market for long-haul jets.


U.S. Deputy Attorney General Rosenstein to step down in March - official

WASHINGTON Rod Rosenstein, the U.S. deputy attorney general who appointed a special counsel to investigate possible ties between Russia and President Donald Trump's campaign, is expected to step down by mid March, a Justice Department official said on Monday.