Edition:
India

Sergio Goncalves

Portugal competition watchdog fines banks over concerted practices

10 Sep 2019

LISBON, Sept 9 After a long-running investigation, Portugal's competition authority AdC said on Monday it fined 14 banks a total of 225 million euros ($248.6 million)for concerted practices of exchanging sensitive commercial information on credit products.

Portuguese utility EDP draws up shortlist for hydro assets- sources

05 Sep 2019

LISBON/MADRID, Sept 5 Portuguese utility EDP is expected to put Spain's Iberdrola, Norway's Statkraft and Austria's Verbund on a shortlist of final bidders for its hydro assets, three sources with knowledge of the matter told Reuters.

Portugal vows to hold delayed lithium tender by year-end

29 Aug 2019

LISBON, Aug 29 Portugal is finalising plans for an international licensing tender for lithium exploration to take place this year, part of a government push to make the country Europe's top supplier of the metal for electric car batteries.

Bidders line up offers for Portugal's largest motorway operator Brisa: sources

18 Jul 2019

LISBON/MADRID At least three infrastructure funds and a Spanish toll road operator are lining up offers for a stake in Portugal's largest motorway manager Brisa, three sources with knowledge of the matter said.

Portugal's Novo Banco plans to halve bad loan ratio soon - chairman

15 Jul 2019

LISBON, July 15 Portugal's Novo Banco, controlled by U.S. private equity fund Lone Star, expects to halve its non-performing loan ratio to 10% this year or next, putting it on a par with domestic rivals, its chairman told Reuters.

Generali in exclusive talks to buy Portugal's Tranquilidade: sources

09 Jul 2019

LISBON/LONDON Italy's Generali has entered exclusive negotiations to buy Portuguese insurer Tranquilidade in a deal to boost its presence in Portugal, two sources familiar with the matter said.

Generali in exclusive talks to buy Portugal's Tranquilidade - sources

09 Jul 2019

LISBON/LONDON, July 9 Italian insurer Generali has entered exclusive negotiations to buy Portuguese insurance firm Tranquilidade, two sources familiar with the matter said.

Tunisia boosts renewables with 'game-changing' solar tender

12 Jun 2019

LISBON Tunisia is set to select the winners of its "game-changing" 500 megawatt (MW) solar energy concessions tender by September as it seeks to attract more foreign investment in renewable energy, industry and energy minister Slim Feriani said on Wednesday.

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

27 May 2019

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.

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

27 May 2019

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.

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