Banco Novo´s new management has commissioned an advertising campaign for its new corporate image - starting next Friday.
The branch image will change from the old BES livery to Novo Banco´s over a short period of time as Vitor Bento is keen the shed the burdens of the past with a new look.
The government has approved and signed off an amendment to Portugal´s Private Copying law which aims to increase the tax revenue from the sale of mobile phones, tablets, sticks and hard drives and pass them on the artists.
The amendments follow the signing of the original law passed last January.
Sir Cliff Richard decided against accepting the Keys to the City of Albufeira at a public ceremony held this week due to the current suspicion circulated by British police that he was involved in a sexual assault in 1985.
The pop star and long-term Algarve home owner was to have received the honour in a ceremony this Wednesday which went ahead to award other recipients with the city´s highest accolade.
The chairman of Montepio, Tomás Correia, has accused a member of the General Council of Montepio, Eugénio Rosa, of lying to customers and associates in the statements he published on his personal website, which accuses the current administration of mismanagement.
Montepio claims that its exposure to the collapsed Espirito Santio Group is "properly provisioned."
Grupo Ángeles, registered in Mexico, has offered €4.3 per share for Espírito Santo Saúde which values the company, still controlled by the Espírito Santo Group, at €411 million.
Ángeles, the largest private healthcare company in Mexico, launched its public tender offer for the Portuguese company, a welcome events for bankrupt Rioforte, part of the Espírito Santo Group, which has sought protection from creditors as its affairs are wound up.
Praia da Marinha beach in the municipality of Lagoa has been named one of the world’s '20 Most Stunning Cliffside Beaches' by CNN, the American news service.
The Algarve favourite was the only beach in Portugal to be featured by CNN which commented, “sandy stretches that meander slowly and serenely into gentle waves are lovely.
Brussels again is suing Portugal due to the country's failure to provide modern waste water treatment for over 100,000 citizens.
The European Commissioners say that by not properly treating waste water there is a threat to public health and that this is the third time Portugal has been reprimanded for failing to install or even plan for a programme to construct treatment plants mostly for outlying and remote villages.
Battered Portugal Telecom shareholders have been advised to give the 'thumbs up' to the proposed merger with Brazil’s Oi.
The Institutional Shareholders Services has analysed the deal and say that the terms of the merger between Portugal Telecom and Oi are beneficial to the shareholders of PT.
