Portugal

TAP new owners see profits from 2016, to invest up to 800 mln euros

LISBON, June 24 - The new owners of Portugal's recently privatised flag carrier TAP expect the loss-making airline to return to profit next year thanks to new routes to Brazil and the United States and an investment of up to 800 million euros ($895 million).

Portugal says Greece should seal troika deal this week

BUCHAREST - Portugal's president said on Monday an agreement between Greece and the troika should be reached, "this week if possible."

World, 15 Jun 2015

Portugal government to sell airline TAP to American-Brazilian investor

LISBON, June 11 - Portugal's government said in a statement on Thursday it has picked a consortium led by investor David Neeleman in the sale of airline TAP. (Reporting By Axel Bugge)

Stocks, M&A, Bonds, Airlines, Markets, 11 Jun 2015

Portugal picks American-Brazilian investor in sale of airline TAP

LISBON, June 11 - Portugal's government picked on Thursday a consortium led by American-Brazilian investor David Neeleman in the privatisation of airline TAP, ending a drawn-out sales process that has faced strong opposition from many unions.

M&A, Airlines, Bonds, Markets, Stocks, 11 Jun 2015

Portugal court accepts injunction to suspend TAP sale

LISBON, June 3 - Portugal's supreme administrative court approved on Wednesday an injunction to suspend the privatisation of airline TAP, just two days before a deadline for final binding bids in the sale, the court said.

Stocks, Airlines, M&A, Markets, Bonds 03 Jun 2015

UPDATE 1-Two Chinese bidders likely to face off in sale of Portugal's Novo Banco

LISBON, June 1 - The sale of Portugal's Novo Banco is likely to end with a duel between two Chinese bidders, which have both presented offers of just over 4 billion euros ($4.4 billion), and could lead to a fourth stage involving direct negotiations, sources said on Monday.

China's Fosun, Anbang lead race for Portugal's Novo Banco - FT

June 1 - Portugal's Novo Banco is set to fall into Chinese hands with either Anbang Insurance or Fosun International most likely to clinch the deal worth more than 4 billion euros ($4.4 billion), the Financial Times reported

RPT-Exporters taste credit after Portugal's long lending drought

LISBON, May 24 - In Portugal, getting a loan is still harder than in almost any other country in the eurozone. But if your company exports, you may be in luck.

Bonds, Markets, Financials, 26 May 2015

RPT-Exporters taste credit after Portugal's long lending drought

LISBON, May 24 - In Portugal, getting a loan is still harder than in almost any other country in the eurozone. But if your company exports, you may be in luck.

Markets, Bonds, Financials, 25 May 2015

Exporters taste credit after Portugal's long lending drought

LISBON, May 24 - In Portugal, getting a loan is still harder than in almost any other country in the eurozone. But if your company exports, you may be in luck.

Markets, Bonds, Financials, 24 May 2015
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Kerry urges Iran to make 'hard choices', says US ready to walk

VIENNA - An Iranian nuclear agreement is possible this week if Iran makes the "hard choices" necessary, but if not, the United States stands ready to walk away from the negotiations, U.S. Secretary of State John Kerry said on Sunday. | Video