Teixeira Guimarães, vice president of the union looking after the interests of bank employees is not hopeful that Novo Banco, which sprung up to replace the defunct BES, will keep staffing levels as before.
With the bitter experiences of the BPN and BCP banking crises, the unions rep is in no doubt, "We know that workers are always the victims," says Guimarães in an interview with Expresso today.
Monarch Group is undergoing a thorough overhaul of all its operations, which could include dropping some of its flight routes.
The sweeping strategic review is evaluating every aspect of the company’s business “from operations to ownership and financing”.
Wild West-style cattle rustling is becoming a nightmare for British farmers.
Tens of thousands of sheep and cattle are being stolen from farms every year. Estimates are that some 90,000 sheep alone are taken from farmland.
The French government is having a fresh push on selling the property it owns, both in the country and abroad.
Prominent properties in New York City have been let lose onto the market, including a luxurious 18-room duplex at 740 Park Avenue, dubbed "Manhattan's richest apartment building" and once home to Jackie Kennedy and John D. Rockefeller and, until May, the home of the French ambassador to the UN.
António José Seguro is concerned at the continuing instability over the future of state airline TAP and argues that the country should keep the carrier and develop it as a truly Lusophone brand.
The Secretary-General of the Socialist Party said the state should hold onto our 51% stake in TAP but sell smaller blocs of shares to airlines from Lusophone countries including Brazil, Mozambique and Angola.
Vítor Bento, the head of Banco Novo which took over the good assets of the collapsed BES banking business, has admitted that part of his plan for the high street lender is for branch closures and associated redundancies.
Bento is preparing a restructuring plan which he says will be ready in three months time which inevitably will involve a cost reduction programme focussing on the bank’s nationwide branch network.
A group of protesters gathered this morning near the vacation home of Prime Minister Pedro Passos Coelho to protest against tolls on the A22 and to demand his resignation.
At the gathering in Manta Rota, Vila Real de Santo António, there were more GNR officers than protesters from Cuvi (Commission of Users of the Via do Infante) but this did not dull the intent of seriousness of the commission members acting on behalf of the vast majority of motorists in the region.
The moon was its biggest and brightest for 20 years last night as it reached the point where it was closest to earth (called perigee) at the same time as it became full.
Then on Tuesday, the Perseid meteor shower will climax with a show of “fireballs as bright as Jupiter or Venus”. With optimum conditions, it is usually possible to see more than 100 meteors an hour, but the full moon, however, could make the showers difficult to see.
