Europe News Portugal


  • *Asia shares flat, copper slides towards 6- year low. LONDON, Nov 11- Copper prices teetered near a six-year low on Wednesday as the dollar pulled back slightly, after mixed Chinese data showed growth in the world's second-biggest economy was still in low gear. Chinese shares saw a late rally to end the day marginally higher, while London's FTSE, Germany's DAX and...

  • Portugal's government ousted in austerity backlash Wednesday, 11 Nov 2015 | 1:26 AM ET

    Anti-austerity lawmakers forced Portugal's government to resign Tuesday by rejecting its policy proposals.

  • Portuguese bonds rally as opposition talks stumble Wednesday, 4 Nov 2015 | 11:08 AM ET

    LONDON, Nov 4- Portuguese government bond yields fell sharply on Wednesday amid signs that talks between opposition parties have stalled a week before a vote in which they promised to join forces and topple the minority government. In Portugal, the yield on the benchmark 10- year government bond fell 6 basis points to 2.52 percent. German 10- year Bund yields- the...

  • Ireland failed to click with Web Summit: Founder Tuesday, 3 Nov 2015 | 3:55 AM ET

    Government has failed to engage with the technology conference, losing out on a chance to host next year, the founder tells CNBC.

  • Portugal's EDP profit slips 4% Thursday, 29 Oct 2015 | 12:50 PM ET
    Portugal's EDP profit slips 4%

    EDP's CEO, Antonio Mexia, outlines the key takeaways from its third quarter results for 2015.

  • MELBOURNE, Oct 27- London copper slipped on Tuesday but remained in its recent range as caution kicked in ahead of key central bank meetings this week. *The global lead market saw a surplus of 12,400 tonnes in August from a revised deficit of 10,200 tonnes in July, data from the Lisbon- based International Lead and Zinc Study Group showed on Monday.

  • Can Portugal's prime minister hold power? Friday, 23 Oct 2015 | 3:30 AM ET
    Can Portugal's prime minister hold power?

    Antonio Barroso, senior analyst at Teneo, explains the political situation in Portugal and says a left-wing coalition government would be less radical than Syriza in Greece.

  • Man dies on Aer Lingus flight Monday, 19 Oct 2015 | 10:00 AM ET
    Man dies on Aer Lingus flight

    A man died on an Aer Lingus flight to Dublin after being restrained, according to Irish media reports.

  • European shares slide on U.S. earnings, Chinese data Wednesday, 14 Oct 2015 | 12:42 PM ET

    *Wal Mart's weak forecast, China data weigh on sentiment. *ASML, Skanska hit by weak business updates. MILAN, Oct 14- European shares ended lower for a third consecutive session on Wednesday on disappointing U.S. earnings and concerns about deflationary pressures in China, while technology group ASML and builder Skanska declined after weak business updates.

  • European shares little changed, ASML slides on results Wednesday, 14 Oct 2015 | 10:17 AM ET

    *Skanska warns of impact on earnings from writedowns. *New business in-flows lift Hargreaves Lansdown shares. MILAN, Oct 14- European shares were little changed on Wednesday with gains capped by new concerns about deflationary pressures in China, while technology group ASML and builder Skanska slid after weak business updates.

  • LONDON, Oct 14- Investors bought Portugal's bonds and stocks on Wednesday, shrugging off uncertainty sparked by political parties' failure to form a government 10 days after a national election. Investors also see little chance that Portugal, which exited an international bailout programme last year, will renege on pledges to its lenders.

  • LONDON, Oct 14- Portuguese yields rose on Wednesday, defying a broad bond market rally as talks to form a new government broke down and Lisbon prepared to sell debt at auction. Caretaker prime minister Pedro Passos Coelho, whose center-right grouping won the Oct. 4 election but lost its parliamentary majority, failed to obtain backing from Socialist Party leader...

  • LONDON, Oct 14- European shares fell on Wednesday as new concerns about deflationary pressures in China impacted equity markets, while technology group ASML slid after weak results. Data on Wednesday showed that consumer inflation in China eased more than expected in September while producer prices fell for the 43rd straight month. Banco Comercial...

  • LONDON, Oct 13- Portuguese yields fell on Tuesday, reversing some of the rise seen since an inconclusive election on Oct. 4, a sign of relative calm in the market as options for different coalition governments emerge. "There upwards pressure on Portuguese yields in recent days relative to elsewhere," said Martin van Vliet, senior rate strategist at ING.

  • LISBON, Oct 12- The leader of Portugal's Socialist opposition sought to calm worried investors on Monday, saying any new government formed with the backing of far-left parties would still respect Portugal's budget pledges. Portuguese shares fell sharply on Monday as a second far-left party said it could back a Socialist-led government, raising concerns...

  • LISBON, Oct 6- Reforms may be the biggest casualty of Portugal's general election, which has weakened the centre-right government and fortified the hard left. The ruling coalition of Prime Minister Pedro Passos Coelho won the biggest share of votes on Sunday, making him the first leader in Europe to be re-elected after imposing austerity policies to steer his...

  • Portuguese business is booming Monday, 5 Oct 2015 | 11:50 AM ET
    Portuguese business is booming

    President of National Association Young Entrepreneurs in Portugal Joao Rafael Koehler said 50,000 companies were created in Portugal last year

  • *Glencore, Arcelor lift mining sector; VW hits 5- yr low. *France outperforms as economic data beat expectations. MILAN, Oct 5- European shares rose on Monday as weak data in Europe and elsewhere reinforced expectations the broad monetary policy backdrop will remain equity-friendly, with Glencore and ArcelorMittal lifting the mining sector.

  • *Glencore rallies, Arcelor rises on Citi upgrade. LONDON/ MILAN, Oct 5- European shares rose sharply on Monday, with the French market outperforming after stronger-than-expected economic data, while Glencore and ArcelorMittal pushed up mining stocks and Volkswagen continued its slide. The economic data in France was today's surprise, "said Andrea Cuturi, chief...

  • *Paris outperforms after French PMI data. *Glencore rallies, Arcelor rises on Citi upgrade. LONDON, Oct 5- European shares rose on Monday, with Glencore and ArcelorMittal pushing up mining stocks and French economic data lifting the Paris stock market.