TAP sold handling stake to Menzies for €1
TAP sold its 49.9% stake in Portuguese handler SPdH to Menzies for €1, completing an EU restructuring commitment while extending repayment of €13 million in debt to 2030.
Lightsource bp drops €242 million Beira solar project
Lightsource bp has cancelled its Beira solar project in Portugal, saying the scheme no longer met financial viability tests after changes flagged in environmental review.
Euronext open to merger with Deutsche Börse
Euronext, owner of the Lisbon stock exchange, said it is open to a merger with Deutsche Börse, a deal that could reshape European capital markets.
Portugal targets up to 20% stake in grid operator REN
Portugal has instructed state holding company Parpública to buy up to 20% of REN, expanding the state’s role in the operator of the country’s power and gas networks.
Air France-KLM offers share swap option in TAP bid
Air France-KLM’s bid for 44.9% of TAP includes a share swap option for Portugal, adding flexibility to a sale process now entering bilateral talks.
More countries eye Web Summit after Lisbon deal ends
Startup Portugal says countries beyond Poland are interested in hosting Web Summit after Lisbon’s contract ends in 2028, raising the stakes for Portugal’s bid to keep the event.
Portugal to use REN stake to influence from within
Portugal’s government says its new 13.7% stake in REN will strengthen state influence over strategic energy networks amid geopolitical tensions.
Portugal targets mid-October decision on TAP sale
Portugal plans to name the buyer for 44.9% of TAP in mid-October, a key step in the airline’s privatisation before regulatory approvals push completion into 2027.
FT says IMF dropped Ricardo Reis after Trump criticism
The Financial Times says the IMF pulled back from naming Portuguese economist Ricardo Reis as chief economist, a move with political overtones at a key global institution.
SATA gets eight bids of interest for Azores Airlines sale
SATA has received eight expressions of interest for at least 75% of Azores Airlines, advancing a sale tied to EU state-aid commitments.
Portugal raises €1.63bn as borrowing costs jump
Portugal sold €1.63 billion of debt on Wednesday, with yields rising sharply as global bond market turmoil pushes up funding costs for sovereign issuers.
Portugal sees balanced budget despite new tax cut
Portugal’s finance minister said the budget can stay balanced despite an extra IRS cut and a pensioner bonus, but ruled out further fuel VAT relief.
Benfica open to buying 16% stake at market price
Benfica says it could buy a16% stake held by José António dos Santos, but only at market prices, as the club values itself at over €1 billion.
Wine appellations group seeks nationwide crisis aid
Portugal’s wine appellations association says a €12 million Douro aid package should be extended nationwide as grape sales and prices come under pressure.
Portuguese businesses urge fuel price relief
Business groups in Portugal want broader and longer-lasting support as fuel prices rise above €2 a litre, warning of pressure on jobs, margins and competitiveness.
Portuguese state completes purchase of 13.7% in REN
Portugal’s state holding company has completed the purchase of a 13.7% stake in grid operator REN, marking Amancio Ortega’s full exit from the company.
ANA seeks higher airport charges in Lisbon, Porto and Faro
ANA has proposed raising regulated airport charges from January 2027, a move that could affect airline costs at Portugal’s three main airports.
Portugal places five management masters in FT top 100
Portugal has five management masters in the Financial Times global top 100, with Nova SBE rising to No. 2 for the first time.
Vila Galé targets more than 60 hotels in next growth push
Portuguese hotel group Vila Galé says it is entering a new expansion phase, with 14 projects under way as it aims to grow beyond 60 hotels.
Fitch upgrades Portugal to A+ with stable outlook
Fitch raised Portugal’s sovereign rating to A+, citing stronger public finances, a move that supports the country’s standing with international investors.
Crédit Agricole files €1bn claims over BES collapse
France’s Crédit Agricole group has filed two lawsuits worth more than €1 billion over the collapse of BES, targeting former executives and Rioforte.
PSI companies post record first-half profits of €3.66bn
Listed companies in Portugal’s PSI index posted record first-half profits, with energy and banking driving gains and pointing to another strong year for the market.
Galp completes TotalEnergies partnership in Namibia
Galp has completed its strategic deal with TotalEnergies in Namibia, reshaping its offshore portfolio and deepening exposure to one of the world’s most promising new oil and gas areas.
Portugal M&A activity drops 28% through August
Portugal recorded 327 deals worth €5.4 billion in the first eight months of 2026, with both volume and value down sharply from a year earlier.