EDP denies US pressure for having a Chinese shareholder
In a context of growing tension between the United States and China, EDP, which has China Three Gorges as a shareholder, guarantees that it has not felt pressure from the Trump administration.
Imports, exports slow to 0.5%, 8.4% in March
Machinery and equipment and food products account for a large part of the increase in exports in March. Industrial supplies, consumer goods and food products recorded the highest import increases.
President hopes to appoint government with viable programme
"The president is free to appoint a government with the certainty that it will not be rejected immediately. He is not free to appoint one without that certainty”, said Marcelo Rebelo de Sousa.
Train conductors reject any political motive behind strike
"This strike is not political, it is a strike by workers demanding compliance with a fair and negotiated agreement”, said the National Union of Portuguese Railway Drivers.
Unemployment falls slightly in the first quarter
Between January and March, the unemployment rate was estimated at 6.6%, 0.1 p.p. lower than in the previous quarter and 0.2 p.p. lower than in the first quarter of 2024.
No trains running as strike seems to be 100%
Train traffic will be disrupted from today, Wednesday, until 14 May due to strikes by CP - Comboios de Portugal workers called by various unions.
Finance Minister confident in “economic growth above 2%”
Minister Joaquim Miranda Sarmento believes that the next few quarters will correct the weak economic performance at the start of the year, maintaining confidence in the forecasts despite international
Drone manufacturer Tekever is the new Portuguese ‘unicorn’
With the new round of investment the start-up has reached a valuation of more than 1.2 billion euros, elevating Tekever to “unicorn” status.
Limit on chips makes it difficult to attract AI Gigafactory
Brussels recognises that restrictions on Portugal's access to chips are "relevant practical considerations" for any tech project, but admits that the country also has other points in its favour.
NOVA hopes to attract disgruntled US researchers
Applications for the NOVA Medical Global Talent Initiative will open next week, when the regulations will be finalised and the forms available, with "wide dissemination" internationally.
PM denies speeding up immigrant removal before elections
"Things aren't happening because there are elections, they are happening because the process started in June. It hasn't been accelerated now. It hasn't been accelerated at all," Montenegro said.
Blackout delays factory orders and affects ‘reputation’
Monday's power failure in Portugal forced industry to halt production and many factories are already admitting delays in deliveries.
PM orders independent blackout review
Portugal's prime minister announced on Tuesday that the government will set up an independent technical commission to assess the electricity systems of the countries affected by Monday's power outage.
Government targets two power plants for black start function
The government wants to include the Baixo Sabor and Alqueva power stations in the "black start" function, i.e. autonomous start-up of the electricity system.
Airports fully operational after Monday’s power outage
A widespread power cut affected Portugal and Spain on Monday from 11.30 a.m. onwards, and the authorities have yet to provide an explanation.
Electricity supply back to normal in Portugal
"We now have practically all services, including energy supply, restored”, Cabinet office minister António Leitão Amaro told Lusa.
Tariffs shake up M&A. Investors “hit the brakes”
The negotiation and due diligence processes are taking longer and there are no guarantees of success. Advisors have been supporting entrepreneurs on risk mitigation amid fear of tariffs impact.
Almost 60,000 women work in portuguese IT sector
In Portugal last year, 59,600 women worked in the area of information and communication technologies (ICT), which represents 22.7% of the sector, according to Eurostat.
Feedzai buys Australian Demyst for 100 million dollars
The Portuguese financial fraud detection and prevention technology company has bought Australian company DemystData, which specialises in accessing data that can feed artificial intelligence (AI).
Government asks to trigger Defence spending exception clause
The Ministry of Finance will ask Brussels to activate the "national derogation clause" so that it can spend on Defence without jeopardising compliance with budgetary rules.
US to re-evaluate restrictions on Portugal’s chip purchases
The decision not to include Portugal on the list of US allies, subjecting the country to restrictions, was a surprise. There is still room for change, but proximity to China is an annoyance.
Rainfall in Q1 helps swell renewables to 91% of EDP output
EDP's total electricity production increased by 5% in the first quarter of 2025, to 18.3 TWh [terawatt hours], with renewable energies accounting for 91% of total production.
REN buys electricity transmission company in Chile
The agreement for the acquisition of TENSA was made with CMPC, one of the largest industrial groups in the forestry and pulp and paper production sectors in Latin America, REN pointed out.
EDP CEO: “We’ve never been a Chinese company”
Ten EDP shareholders control 60% of the capital, which is why Stilwell d'Andrade rejects the idea that the company is Chinese. And he defends the importance of renewables in the company's future.