Europe News Portugal

  • *Portugal to price first Panda bond on May 30. LONDON, May 22- Euro zone safe-haven bond yields dipped on Wednesday as trade tensions between China and the United States and renewed political uncertainty around Britain's exit from the European Union kept investors on edge. Adding to the nervousness, British Prime Minister Theresa May's last-ditch attempt to...

  • *Portugal to price first Panda bond on May 30. LONDON, May 22- Euro zone safe-haven bond yields dipped on Wednesday as trade tensions between China and the United States and renewed political uncertainty around Britain's exit from the European Union kept investors on edge. Adding to the nervousness, British Prime Minister Theresa May's last-ditch attempt to...

  • *Portugal to price first Panda bond on May 30. LONDON, May 22- Euro zone safe-haven bond yields dipped on Wednesday as trade tensions between China and the United States and renewed political uncertainty around Britain's exit from the European Union kept investors on edge. Adding to the nervousness, British Prime Minister Theresa May's last-ditch attempt on...

  • LONDON/ PARIS, May 21- French utility Engie and Portugal's EDP said on Tuesday they will invest 15 billion euros with the aim of becoming the world's number two offshore wind developer after Denmark's Orsted. Orsted had cumulative installed offshore capacity of about 3 GW at the end of 2018, giving it a market share of about 16 percent, WindEurope data shows, with...

  • Hi Fly, which specializes in leasing and charter services to airlines, is taking the unusual step of holding a private sector-led meeting in Portugal, bringing together representatives from carriers including Deutsche Lufthansa AG, Delta Air Lines and Air Canada, as well as airline catering companies and the European Commission, to find ways to reduce...

  • BRUSSELS, May 14- Italy's deteriorating public finances will break European Union rules this year and next unless Rome alters its policies, but the EU executive is split on how to best handle the case of the euro zone's third-biggest economy, EU officials said. The European Commission is closely watching Italy because of the country's huge public debt, the...

  • Lega Nord far right party leader Matteo Salvini address supporters during campaign rally on Piazza Duomo in Milan on February 24, 2018 a week ahead of the Italy's general election. Italy stepped up security for mass demonstrations by far-right and anti-fascist groups across the country on February 24, 2018 as tensions rise ahead of next week's general election

    Certain regions of Europe have not recovered from the financial crisis and face prolonged economic stagnation, rendering them hunting grounds for populists.

  • *White House says China wants to make a trade deal. NEW YORK, May 8- A gauge of world equity markets slid and the dollar traded near break-even on Wednesday over growing concerns about the latest U.S.- China trade talks and as the United States moved closer to raising tariffs on $200 billion worth of Chinese imports. Gold prices slipped as safe-haven demand eased...

  • *Ireland expected to launch 30- year bond deal this week. *Portugal yields hit record lows at auction. LONDON, May 8- Portuguese, Irish and Spanish bond yields hit fresh historic lows on Wednesday and Portugal saw firm demand at an auction in the latest sign of strong investor interest for long-dated euro zone debt.

  • *Ireland expected to launch 30- year bond deal Wednesday. *Portugal to sell long-dated bonds. Ireland's debt agency said on Tuesday it would sell a new 2050 bond via a syndicate of banks and analysts said the deal could be launched as early as Wednesday.

  • PRAGUE, May 3- Global security officials agreed a set of proposals on Friday for future 5 G networks, highlighting concerns about equipment supplied by vendors that might be subject to state influence. No suppliers were named, but the United States has been pressing allies to limit the role of Chinese telecom equipment makers such as Huawei Technologies over...

  • PRAGUE, May 2- Global cooperation is key to ensuring the security of 5 G networks, cyber security officials said on Thursday at a meeting in Prague aimed at hammering out how to combat threats as nations begin rolling out next-generation telecoms equipment. The United States has been seeking to limit the role of Chinese telecom equipment makers such as Huawei...

  • *Greece set to issue third new bond of year by June. *Ratings upgrades, bailout exit positive for Greece. Since coming off life-support in 2018, Greece has been trying to leave a nine-year debt crisis behind.

  • LISBON, April 24- Shareholders of EDP-Energias de Portugal voted on Wednesday to effectively block a 9 billion euro takeover bid by China Three Gorges, but the Portuguese utility said their partnership would continue, with a focus on Latin America. The proposed scrapping of a 25 percent voting right limit was a key condition of CTG's attempt to buy Portugal's...

  • LISBON, April 24- Shareholders of EDP-Energias de Portugal voted on Wednesday to effectively block a 9 billion euro takeover bid for the utility announced by China Three Gorges almost a year ago. The proposed scrapping of a 25 percent voting right limit was a key condition of CTG's attempt to buy Portugal's largest company, but it was opposed by activist...

  • LISBON, April 24- Shareholders of EDP-Energias de Portugal rejected on Wednesday a voting rights reform, effectively blocking a 9 billion euro takeover bid for the utility announced by China Three Gorges almost a year ago. The proposed scrapping of a 25 percent voting right limit was a key condition of CTG's attempt to take over Portugal's largest company, but...

  • CHICAGO, April 22- Kraft Heinz Co's incoming chief executive, Miguel Patricio, is indicating a change in strategy for the packaged food company that could move it away from the aggressive cost-focused culture that has been in place since the company was created in 2015.. Patricio, a 52- year-old Portuguese native who will take over the helm of the world's fifth...

  • April 22- Kraft Heinz Co named Miguel Patricio as its next chief executive on Monday, hoping the 30- year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world's largest packaged food companies. He succeeds Bernardo Hees, 49, who was made CEO in 2015 when Kraft Foods and H.J. Heinz merged. It also disclosed that it...

  • April 22- Kraft Heinz Co named Miguel Patricio as its next chief executive on Monday, hoping the 30- year marketing veteran will revitalize brands such as Planters nuts and Oscar Mayer bacon at one of the world's largest packaged food companies. He succeeds Bernardo Hees, who was made CEO in 2015 when Kraft Foods and H.J. Heinz merged. It also disclosed that it had...

  • LISBON, April 18- Portuguese fuel-tanker drivers have ended a national strike after agreeing to return to negotiations over demands for better pay and conditions, the government said on Thursday, ending the country's worst outbreak of industrial unrest in years. "Drivers made their voices heard and they managed to start a negotiation process with the...