Europe new car registrations rise 1.8 percent in August: ACEA


FRANKFURT - Car sales in Europe rose 1.8 percent in August with volume makers Volkswagen , Ford and Opel benefiting from improved demand in Spain, Portugal and Ireland, while premium makers lost ground due to a drop in sales in Germany.

Goldman partner says Novo Banco should attract foreign bidders

LISBON, Sept 16 - Portugal's Novo Banco, the successor to Banco Espirito Santo (BES) after a state rescue, will likely attract bids from foreign banks, a partner at U.S. investment bank Goldman Sachs said on Tuesday.

EU regulators expect Novo Banco sale to proceed as agreed

BRUSSELS - European Union state aid regulators expect Portugal to sell Novo Banco, the successor to troubled Banco Espirito Santo (BES) , in line with a pledge made in return for regulatory approval of its 4.9-billion-euro state bailout.

15 Sep 2014

Bank of Portugal picks new CEO for BES successor Novo Banco

LISBON - The Bank of Portugal on Sunday picked a new chief executive for Novo Banco, successor to Banco Espirito Santo (BES), following the embarrassing resignation of its three top managers appointed only two months ago.

14 Sep 2014

Bosses charged with rebuilding Portugal's BES bank quit after two months

LISBON - The rebuilding of Portugal's Novo Banco - the successor to Banco Espirito Santo (BES) after a state rescue last month - was dealt a blow on Saturday with the resignation of the three men handpicked by the central bank in July to turn BES round.

13 Sep 2014

Portugal confident it will meet 2014 fiscal targets -PM Coelho

ATHENS, Sept 9 - Portugal is confident it will meet the fiscal targets it has set for this year and will stay on a course of reforms to make its economy stronger, Prime Minister Pedro Passos Coelho said on Tuesday.

Bonds, Markets, Financials, 09 Sep 2014

Yield-hungry investors snap up Portugal 15-yr bond as ECB eyed

* German 5-yr debt sale hurt by shrinking yields, Ukraine (Updates prices into close)

Bonds, Markets, Financials, 03 Sep 2014

Part of Espirito Santo empire may try to block sale of insurer

LISBON - Part of the troubled business empire of Portugal's Espirito Santo family said on Friday it may try to block the planned sale of an insurance company it once controlled, adding to opposition already expressed by a group of investors.

29 Aug 2014

Don't repeat mistakes of Irish bailout, former IMF official warns Portugal

* Former IMF official Mody: bank bondholders should suffer

Bonds, Markets, Financials, 13 Aug 2014

Scots vote on independence, United Kingdom's fate on knife-edge

EDINBURGH (Reuters - Scotland voted on Thursday on whether to stay within the United Kingdom or end the 307-year-old union with England and become an independent nation in a finely balanced referendum with far-reaching consequences. | Video