Louis Vuitton Moet Hennessy (LVMH) is to Belmond, the company that owns the Reid's Palace Hotel in Madeira, among other properties.
The €2.8 billion deal is expected to be signed in the first half of 2019, subject to approval by Belmond’s shareholders and clearance from competition authorities.
A police operation early on Monday morning saw a swathe of arrests in the Algarve and Centre of the country of those suspected of being involved in the Tancos arms and ammunition theft in June 2017.
The Public Prosecutor’s Office confirmed today that eight civilians had been picked up in Operation Húbris II, to be added to two suspects already in detention.
The government has lashed out at the opposition CDS-PP party, accusing it of manipulating the public and lying to try to create a, "feeling of fear and insecurity" about the state of the country's roads, bridges and railways.
The government was shocked to find out that the opposition is launching a nationwide condemnation of the country’s infrastructure, pointing to "the government's choice of maximum tax burden and minimum public investment," according to the CDS-PP president, Assunção Cristas.
The INEM has confirmed that four people died in a helicopter crash in the Serra de Santa Justa near Porto.
"The National Medical Emergency Institute (INEM) announces that the emergency medical helicopter that has been missing was located at about 01:30 am, The aircraft in question was located in the Pias mountain range, in the municipality of Valongo. There are four confirmed dead," reads the INEM statement released shortly after 02:00 on Sunday morning.
For those disappointed that the Galpgate case seemed to have fizzled out, with slaps on the wrist rather than criminal prosecutions, there have been developments...
The Lisbon Criminal Court of Appeal has rejected the request for the suspension of the 'Galpgate' case, the one involving three former secretaries of state, Fernando Rocha Andrade, João Vasconcelos and Jorge Costa Oliveira and the former adviser to the Prime Minister, Vitoria Escária, and others.
One of Lisbon’s iconic trams has derailed in the Lapa district leaving 28 injured, many of whom were trapped inside the carriage.
The derailment on Friday afternoon happened at the intersection of Rua São Domingos de Lapa and Garcia de Orta, at a steep section of track on the Campo de Ourique-Praça da Figueira, ‘number 25’ route.
2018 is set to be the worst year for safety on the Algarve’s roads for a decade with 38 deaths so far recorded this year.
The figures from the Road Safety Authority show that, although the safety record has improved over past decades, there have been 1,163 road traffic accident deaths since the beginning of the millennium.
A nasty spate of violent robberies in Olhão has been stopped after the Special Security Police identified and moved in on various suspects.
The Police caught one ringleader, a 34-year-old Portuguese man who already has served time for violent and serious crimes. He has been remanded in custody until his trial.
