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Portuguese minister plays down growing public sector strikes

LISBON, Dec 19 Portugal's Finance Minister Mario Centeno said on Wednesday an increase in strike action in the public sector was "absolutely normal" in a growing economy that was making workers more demanding even as the state increased spending.

Portuguese bond yields hit seven-month low after ECB sets out reinvestment plans

LONDON, Dec 13 Portugal's 10-year government bond yield hit new seven-month lows on Thursday after the European Central Bank kept some flexibility in its plans for its bond reinvestment.

Bonds, Markets, Dec 13 2018

Airbus to resume deliveries to HNA Group after payments dispute

TOULOUSE, France Airbus is poised to resume stalled deliveries of jets to China's debt-laden HNA Group, an Airbus schedule showed on Monday, but deliveries of over $1 billion of large jets remain behind schedule after months of wrangling over late payments.

Airbus delivers first A330neo in Boeing 787 dogfight

TOULOUSE, France Europe's Airbus delivered its first A330neo jet to TAP Portugal on Monday as it seeks to trump U.S. rival Boeing in the fiercely competitive battle at the lower end of the market for long-haul jets.

Aerospace & Defense, Nov 26 2018

UPDATE 1-Portugal's premier reshuffles cabinet, appoints new economy minister

LISBON, Oct 14 Portugal's prime minister announced a reshuffle of his cabinet on Sunday, following the resignation of the defence minister and completion of the draft of next year's budget, making changes at four ministries ahead of a general election in 2019.

Markets, Bonds, Oct 14 2018

Portugal prime minister reshuffles government

LISBON, Oct 14 Portugal's prime minister has carried out a reshuffle of his cabinet following the resignation of the defence minister and completion of next year's budget, making changes at four ministries ahead of a general election in 2019.

Bonds, Markets, Oct 14 2018

In Macau, Portuguese elites feel squeezed out by Chinese influence

MACAU Nearly 20 years have passed since Portugal handed Macau over to China, and although colonial culture still infuses parts of daily life, the influence of the territory's Portuguese elite is declining rapidly as the special administrative region becomes increasingly closer to mainland China.

China, World, Oct 05 2018

Unions accuse IKEA of undermining workers' rights in three markets

STOCKHOLM Unions accused furniture retailer IKEA on Thursday of undermining workers' rights in the United States, Ireland and Portugal, and asked the Dutch government to mediate.

Ireland, Sep 27 2018

Five EU countries to take in Aquarius migrants

BRUSSELS France, Spain, Germany, Portugal and Luxembourg have agreed to take some of the 141 migrants on the Aquarius humanitarian ship, the European Commission said on Tuesday.

World, Aug 14 2018

British Supreme Court rejects Goldman Sachs appeal vs Novo Banco

LISBON Britain's Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal's Novo Banco over a $835 million loan to Novo Banco's bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.

Jul 04 2018
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Europe's patience with Iran wears thin, tiptoes toward Trump

BRUSSELS/PARIS In Tehran on Jan. 8 during a meeting with European envoys, Iranian officials abruptly stood up, walked out and slammed the door in an extraordinary break with protocol.