A virtual reality company based in Brazil has announced its intention to install a production unit, a research centre and an electronic gaming arena in Faro.
The Civil Protection Authority has been accused of closing down the Kamov helicopter maintenance area at Ponte de Sor and kicking out the Russian engineers.
The Annual Internal Security Report for 2017 recorded a 3.3% increase in general crime but a welcome 8.7% decrease in violent and serious crime.
A new storm is on its way with a dramatic change in the weather over the next few days.
Novo Banco, which was meant only to hold all the good loans and assets from the collapsed BES, has reported a net loss of €1.395 billion for 2017, significantly higher than the €788 million the bank lost in 2016.
The 2017 accounts, signed off by CEO António Ramalho, refer to the year in which the Resolution Fund sold 75% of Novo Banco’s shares to the American Lone Star Fund for zero euros, while hanging on to 25% to ensure the public would continue to throw billions at the disaster created by the Bank of Portugal.
French company Altice, owner of Portuguese telecoms provider Meo, has started charging its customer €1 each time it sends them a bill through the post.
The Foreigners and Borders Service (SEF) yesterday announced a strike from Tuesday, March 27, until Thursday, March 29, in protest against the "chaotic situation" that exists in the service. (HERE)
Deutsche Bank finally has marked an end of its branch level involvement in Portugal with the sale of its remaining sites to Spain’s Abanca.
