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Ryanair cancels 20 Portugal flights as cabin crew strike

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DUBLIN Ryanair cancelled at least 20 flights to and from airports in Portugal on Thursday on the first of three days of planned strikes by a cabin crew union, according to flight information on the airline's web site.

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Chemical group Solvay to cut 600 jobs in France, Portugal, Brazil 29 Mar 2018

BRUSSELS Chemical group Solvay said on Thursday it was planning to cut 600 jobs, mainly in France, Portugal and Brazil and to concentrate research activities in Lyon and Brussels.

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Novo Banco posts record loss, remedied by Portugal resolution fund 28 Mar 2018

LISBON Portugal's Novo Banco, rescued by the state and acquired last year by U.S. private equity firm Lone Star, reported a record net loss of 1.4 billion euros (£1.2 billion) on Wednesday for 2017 and a fresh capital injection from the country's bank resolution fund.

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Ryanair says flight cancellations due to Portugal cabin crew strike possible 28 Mar 2018

VIENNA Ryanair cannot rule out flight cancellations due to a planned cabin crew strike in Portugal during the Easter holidays but expects any disruptions to be small, its chief executive said at a news conference in Vienna on Wednesday.

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Ryanair's Portugal cabin crews to go ahead with Easter strikes 27 Mar 2018

LISBON Some Ryanair cabin crew in Portugal will go ahead with one-day strikes during the Easter holidays after Europe's largest low-cost carrier failed to meet their demands on working conditions, the SNPVAC union said on Tuesday.

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On the rebound, Portugal starts love affair with private equity 20 Mar 2018

LISBON Portugal's economic recovery is making it a hot destination for the rich and famous like Madonna as well as tech entrepreneurs and now private equity is looking to participate in the upswing.

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Portugal's flourishing tourism becomes economic mainstay 16 Mar 2018

LISBON Portugal's tourism boom has made the industry one of the biggest contributors to the national economy and the largest employer, with almost 1 million direct and indirect jobs, the head of the World Travel & Tourism Council (WTTC) said.

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Southern European bonds set for best week in months thanks to go-slow ECB 09 Mar 2018

LONDON Borrowing costs in Spain and Portugal were on track for their biggest weekly fall in at least four months on Friday, a day after the ECB gave up a pledge to increase bond buys if needed but signalled a slow route out of its massive stimulus.

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Portugal labour minister sees across-the-board job creation 06 Mar 2018

LISBON Portugal's unemployment rate is set to fall below the government's forecast of 8.6 percent in 2018, thanks to job creation in the booming tourism sector but also in technology and traditional areas like textiles, the labour minister said.

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Ryanair sees Easter, summer disruption as union talks drag 06 Mar 2018

BRUSSELS Ryanair expects some disruption to flights in the coming months, notably into and out of Ireland and Portugal, as it discusses union recognition and working with pilot unions, chief executive Michael O'Leary said on Tuesday.

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North Korea seeks 'complete denuclearisation', says Moon, as U.S. vows continued pressure

SEOUL/GENEVA North Korea has expressed its commitment to "complete denuclearisation" of the Korean peninsula and is not seeking conditions, South Korean President Moon Jae-in said on Thursday, as the United States vowed to maintain "maximum pressure" on Pyongyang. | Video