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Brits fall in love with prosecco

prosecoOnly a few years ago, not many people outside of Italy knew what prosecco was. In the UK today it is a major rival to both champagne and white wine.

Sales of the Italian sparkling wine have soared in supermarkets and pubs around Britain. And to think there was a time when you could not get a glass of any kind of wine in a pub.

Portugal's renewable energy perfomance offers few benefits to consumers

eonPortugal has risen eight places in a year and is now in tenth place on "The Global Energy Architecture Performance Index 2015."

The index produced by the World Economic Forum looks at 125 countries in terms of their energy competitiveness, accessibility and sustainability.

Terrified woman left by police to be stabbed to death in Setúbal

StabbedA 52-year-old mother-of-two has been brutally stabbed to death in her own home, hours after she appealed to police to protect her.

The story of Maria Cremilde Pinheiro’s last hours has shocked a nation that is assailed almost by the day by horrific cases of domestic violence.

Weekend weather: Sun returns as temperatures drop

Sun returnsAfter a miserable week of wind and rain, the sun is set to make a welcome return to Portugal's skies this weekend, although temperatures will be dropping.

According to IPMA meteorologist Joana Sanches, there will be a “slight drop” of minimum temperatures across the country, with inland areas registering minimums of between -1ºC and 3ºC, while on the coast will be significantly warmer. Maximum temperatures are expected between 14ºC-19ºC, but the best news of all is that the sun is here to stay... at least for another week!

This news story was reproduced with kind permission of the Algarve Resident. For more news, see www.portugalresident.com.

PT sells to French group Altice for €7.4 billion

PTIt has finally been voted through, ending weeks of speculation and share-price jitters. But what does the €7.4 billion sale of Portugal’s national telecommunications operator Portugal Telecom to French operator Altice really mean?

According to newspapers this morning, the first plus point is that the historic low reached by shares rose almost 24% to finish the day at €0.792. This is still considerably less than they were worth even after the disaster of PT’s “lost” loan of €900 million to BES subsidiary Rioforte, but it was a movement at last in the right direction.

Chinese deposit money in fake bank

Chinese moneyA number of citizens in eastern China have been the victims of an audacious swindle which lost them nearly 200 million yuan (£20 million).

A fictitious bank which was made to look like a genuine one accepted almost 200 million yuan in deposits, mostly from small business owners.

Anonymous goes after paedophiles

AnonymousThe hacking group Anonymous, fresh from its campaign against jihadist websites, has taken on a second target.

It has announced that it will expose international paedophile networks and has called for a global effort on social media to build up a grassroots database of paedophile cases.

Toyota still world’s most popular vehicle

ToyotaTop billing goes to Toyota cars for having remained the world’s best selling autos for the third consecutive year.

Last year the brand, which includes Daihatsu and Hino Motors, sold 10.23 million vehicles which represented growth of 3% over 2013.