Raize profits 21 thousand euros in the first semester

ECO News,

The first results on the company's performance in Lisbon's stock market were released: 1 month in, €21 thousand in profit. Last year, Raize had closed accounts with a negative balance of €21 thousand.

Web Summit: Paddy Cosgrave un-invites Le Pen

ECO News,

Paddy Cosgrave had invited far-right, extremist Le Pen, to the Web Summit. After a chain of negative reactions, the CEO decided to withdraw his invitation to the French politician.

Lisbon stocks lower mid-morning, PSI20 down 0.25%

ECO News,

The main index of the Lisbon Stock Exchange, the PSI20, was trading down by 0.25% at 5,523.34 points mid-morning on Tuesday after opening up by 0.04%, penalised by Navigator and Galp.

Temporary jobs on the rise in Portugal

ECO News,

Poland and Spain are the EU countries in which the share of temporary employees is higher, accordingly to Eurostat. Portugal comes right after with 22% of the population employed in part-time jobs.

Macau imports 29% more products from Portugal

ECO News,

Macau imported products worth €14.4 million from Portugal in the first half of 2018, or 29% more compared with the first half of 2017, the Portuguese Trade and Investment Promotion Agency confirmed.

Brussels extends aid to the Portuguese banking system

ECO News,

The European Commission decided to extend the financial aid to the Portuguese banking system up until the 9th of February 2019. The aid scheme consists in giving aid to eligible credit institutions.