Finance

BPI sells 123 ME non-performing loan portfolio to US fund

BPI has sold a bad debt portfolio worth 123 million euros to an asset manager in the United States of America, the bank announced...

Government to review overtime pay in the civil service

The Union of State Technical Staff (STE) said today that the government will review the payment of overtime in public administration and expressed hope...

Creditors’ meeting today to vote on future of Groundforce handling company

Groundforce's creditors are voting today on the handling company's insolvency plan, which provides for its recovery and the entry of new shareholder Menzies Aviation,...

Cofina and Media Capital executives make final proposals to buy the group

Cofina, owner of Correio da Manhã, has received two revised final proposals for its purchase, from the company's management group, which includes Cristiano Ronaldo,...

Portugal exports fewer but more expensive shoes in the first half of the year

Portuguese footwear exports fell by 7.3% in quantity in the first half of the year, to 36.6 million pairs, but the increase in the...

INE confirms inflation accelerated to 3.7% in August, driven by fuels

The year-on-year inflation rate rose to 3.7% in August, 0.6 percentage points lower than in July, the National Statistics Institute (INE) confirmed today. The year-on-year...