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Galp Energia reported profits of €387 million in the first half of 2018, up 68% on the same period in 2017. The improved results are down to increased production and an increase in petrol prices. [...]

Considered the best business magazine for entrepreneurs in the world, online business magazine Insight Success has voted Portuguese company Vortal as one of the 10 Most Disruptive Companies in [...]

The latest phase of Living Prata Concept, the largest property development project in Lisbon, at Marvila, has been officially launched this week. With 32 further properties for sale, the project [...]

Portuguese bank BPI has gone from losses to a profit of €366.1 million in the first quarter of 2018 partly thanks to asset selloffs. The Spanish-owned bank, led by Pablo Forero, had registered a [...]

Profits for Portuguese telecoms company NOS were up 10% in the first half of 2018. The company said that profits topped €80 million while investment reached €100 million on the back of 5G. Growth [...]

Portuguese clothing unicorn Farfetch has purchased CuriosityChina, a Chinese digital marketing agency. According to Bloomberg, the purchase will enable Farfetch founder José Neves to extend his [...]

Spanish property group Merlin Properties has announced the purchase of Almada Forum shopping centre near Lisbon for over €400 million. The shopping centre, which enjoys annual revenues of €24 [...]

Novo Banco has begun selling its property assets in Lisbon including it’s headquarters in Avenida da Liberdade. The bank will sell 11 buildings in the Greater Lisbon area and will move to [...]

Following the overwhelming success of the second edition of international wine industry conference ‘MUST – Fermenting Ideas’ last month, dates have now been set for the third edition of the [...]

Hotel stays in Algarve hotels were up 11.2% in May 2018, according to the Portuguese statistical institute (INE). The region continues to be responsible for the largest number of hotel stays in [...]