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Ryanair to shut Faro base in Portugal in 2020: union

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LISBON Ryanair has decided to close its base at Faro International Airport in southern Portugal from next year with the loss of at least 120 jobs, the SNPVAC cabin crew union, which had called a strike for Aug. 21-25, said on Wednesday.

Ryanair Portuguese cabin crew to strike in August: union

DUBLIN Ryanair cabin crew in Portugal are set to strike for five days in August in a dispute over pay and conditions, the SNPVAC union said on Wednesday.

Jul 24 2019

UPDATE 1-Portugal to buy five Embraer military planes for 827 mln euros

LISBON, July 11 Portugal's government will buy five KC-390 military transport aircraft and a flight simulator from Brazilian aerospace company Embraer for 827 million euros ($932 million), Defence Minister Joao Gomes Cravinho said on Thursday.

EU warns France, Belgium over public finances

BRUSSELS, June 5 The European Commission warned France and Belgium on Wednesday over their public finances but stop short of saying that disciplinary proceedings against the two were justified.

Bonds, Markets, Financials, Jun 05 2019

Portugal's Socialists prepare run for majority rule after EU vote

LISBON Portugal's ruling Socialists are prepared to ditch their far-left allies and go it alone at a general election in October, emboldened by their sound economic management and a weak opposition to seek majority rule.

World, May 27 2019

Portugal PM to address nation on teachers' pay

LISBON, May 3 Portugal's Prime Minister Antonio Costa will address the nation later on Friday after parliament voted in favour of granting teachers salary increases held back over several years since 2005, a government spokesman said. Costa was due to meet President Marcelo Rebelo de Sousa at 1400 GMT and would then deliver a televised address from his residence, the spokesman said, without giving further detail.

Markets, Bonds, May 03 2019

Officials pay tribute to victims of Madeira tourist bus crash

CANICO, Portugal In a show of solidarity, the foreign ministers of Germany and Portugal laid two wreaths near the site where 29 German tourists died on Wednesday after their bus overturned on the Portuguese island of Madeira. | Video

World, Germany, Apr 18 2019

Ryanair pilots in Portugal vote for pay agreement

Irish-based carrier Ryanair said on Tuesday its pilots based in Portugal have voted for a labor agreement for the next four years, taking another step to head off any risk of another round of damaging strikes ahead of its peak summer season.

Aerospace & Defense, Apr 02 2019

UPDATE 2-Portuguese yields hover near historic low after auction

* Portugal to sell seven-, 10-year bonds before ratings review

Bonds, Markets, Mar 13 2019

Exclusive: Portugal's EDP could create Latam JV with China Three Gorges if takeover bid fails - sources

LONDON/SAO PAULO Portugal's Energia de Portugal EDP could propose a joint venture with China Three Gorges (CTG) allowing CTG to expand its foothold in Brazil and Latin America if the Chinese power giant's bid to take over EDP fails, people familiar with the matter said.

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Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions

WASHINGTON/DUBAI The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters, an assessment that further increases tension in the Middle East. | Video