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Portugal's lithium auction could be postponed to early 2022 - ministry

LISBON, May 13 Portugal's long-awaited lithium licensing auction could be postponed to early 2022 due to delays in implementing a law granting municipalities more say in mining projects, the environment ministry said.

UPDATE 1-Portugal's CGD relaunches sale of Brazilian bank, board member says

LISBON, May 10 Portugal's largest bank Caixa Geral de Depositos (CGD) is relaunching the sale of its Brazilian business as part of its strategy to streamline its international presence, executive board member Francisco Cary told Reuters on Monday.

Portugal's CGD bank is relaunching the sale of its Brazilian unit, board member says

LISBON, May 10 Portugal's largest bank Caixa Geral de Depositos (CGD) is relaunching the sales process for its Brazilian unit as part of its strategy to streamline its international presence, executive board member Francisco Cary told Reuters on Monday.

Portugal's Resolution Fund seeks syndicated loan to inject into Novo Banco

LISBON, May 4 Portugal's state-backed Resolution Fund wants to negotiate a large loan from a group of banks to shore up the capital of lender Novo Banco, which was carved out of the collapsed Banco Espirito Santo (BES).

UPDATE 1-Portuguese economy shrinks in first quarter amid lockdown

LISBON, April 30 Portugal's economy contracted 3.3% in the first quarter from the preceding three months, hit by a nationwide lockdown imposed in mid-January to combat what was then the world's worst surge of COVID-19 infections, official data showed on Friday.

Markets, Healthcare, Apr 30 2021

Novo Banco CEO expects brighter future after deeper 2020 loss

LISBON, March 26 Losses at Portugal's Novo Banco, which was carved out of the collapsed Banco Espirito Santo, widened 25% in 2020 to 1.3 billion euros ($1.5 billion) after provisions for credit and asset risks and the coronavirus crisis.

Confront your colonial past, Council of Europe tells Portugal

(Corrects paragraph 3 to say memorial will feature sugar cane, not palm trees)

World, Mar 24 2021

Altri hires Lazard to prepare listing of renewables unit in Lisbon

LISBON, March 18 Portugal's pulp producer Altri said on Thursday it had hired financial advisers Lazard to prepare a stock market listing of its renewable unit Greenvolt on the Lisbon bourse, as it aims to shift from biomass to solar and wind energy.

EDP Renovaveis raises 1.5 billion euros to help fund investment

LISBON, March 3 Portugal's EDP Renovaveis has raised 1.5 billion euros ($1.8 billion) in an accelerated capital increase to help fund investment to 2025, the renewable energy unit of top utility EDP said on Wednesday.

UPDATE 2-Plan for new Lisbon airport blocked, government pushes for solution

LISBON, March 2 Portugal's aviation regulator on Tuesday refused to evaluate a plan to build a new airport in Lisbon, in the latest setback for one of the country's largest infrastructure projects, but the government said it would push for a solution.

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Gaza conflict intensifies with rocket barrages and air strikes

GAZA/JERUSALEM (Reuters) -Palestinian militants fired more rockets into Israel's commercial heartland on Thursday as Israel kept up a punishing bombing campaign in Gaza and massed tanks and troops on the enclave's border. | Video