Pestana Hotel Group profits fall 4% to €105 million in 2023
Portugal’s Pestana Hotel Group made a net profit of €105 million in 2023, 4% less than the previous year, its chief executive announced today, pointing out that in 2022 the
Fidelidade suspends Luz Saúde IPO due to ‘market instability’
One of Portugal’s leading names in insurance, Fidelidade, has decided to suspend the plan to float Luz Saúde, which operates a network of healthcare units, on the stock exchange due
Left wingers rally to “stop backward steps by the Right”
Meetings organised by left-wingers Bloco de Esquerda – designed to ‘unite the left against the right’ – have been continuing, with Bloco coordinator Mariana Mortágua saying today that the left
PS police conduct searches at Penamacor town council
PJ police are conducting searches today in the interior municipality of Penamacor. The police operation began this morning, and is continuing through the afternoon, with inspectors focussing on the department
GALP discovers enough oil and gas for another 143 years
Two wells off coast of Namibia estimated to hold at least 10 billion barrels Portuguese energy giant GALP has seen its shares hit “an all-time high” following the discovery that
Experts propose adult vaccination programme “to allow Portuguese to live longer and better”
Aim is “to reduce elevated premature mortality registered in Portugal” A group of experts intends to propose to the Ministry of Health the creation of a National Vaccination Programme for
Portugal “working on several fronts to increase support for Ukraine”
Minister admits Portugal will consider “possible participation” in increasing Ukraine’s air defences Portugal’s minister of foreign affairs has assured that the government is “working on several fronts” to reinforce its
Government ‘guarantees’ police will get long-fought for mission supplement
Financial commitment to be presented on May 2 With “hopes high” for Monday’s first meetings between police syndicates and Margarida Blasco, Portugal’s new minister of internal affairs, president of the
Moving to Portugal Show takes best of Portugal to Dublin
“Huge interest from Irish property buyers” – say organisers The Moving to Portugal Show and Seminars, held in Dublin on April 18, has been hailed as a major success by both
Portuguese court acquits sole suspects in gangland-style execution
Briton Joel Eldridge’s skull had been shattered into more than 40 pieces Three Portuguese judges have acquitted the sole suspects in a hideous gangland-style killing of a young British man