Cider producers in Britain are fearful that EU bureaucracy could put many of them out of business.
The issue revolves around a tax exemption, in place since 1976, which covers cider makers producing less than 7,000 litres a year. It was introduced to help artisan production.
A ratings agency has warned HSBC that it could lose its AA-rating if it goes through with its plan to boost more profit.
Fitch, one of the top three ratings agencies which judges the safety of company debt, said the plan outlined by HSBC boss could potentially bring about the reduction of the bank’s current rating.
A new global index shows that house prices in Portugal rose by 1.8% between 2014 and 2015.
But it was far outstripped by a number of other countries, leaving it in 36th position for best performance.
The European Commission today opened an investigation into Amazon’s e-book business and is examining the company’s deals with publishers that are said to limit competition and reduce consumer choice.
Under the spotlight are contracts that require publishers to tell Amazon if there are any better terms on offer which enables Amazon to offer conditions as good as or better than those offered by its competitors.
A total of 17 emergency admissions doctors working in the Algarve's public hospitals are head-to-head with the regional hospital management, headed by Dr Pedro Nunes, over unilateral changes to working practices.
The tug-of-war between management and the 17 doctors in charge of emergency admissions is over a new set of regulations imposed by management which allows nursing staff the power to decide whether a patient should or should not be transferred to another unit, the authorisation to call up ambulances and other aspects of patient care usually covered by a qualified doctor.
The President of Portugal, Cavaco Silva, gave the keynote speech in Lamego today at the Portugal Day* celebrations, saying that although the republic still has a long way to go to return to "levels that existed before the crisis, there are now reasonable grounds to face the future with more optimism and confidence."
Cavaco Silva was speaking at the formal celebrations for Dia de Portugal, and criticised the "professionals of disbelief and the prophets of excessive pessimism," as it was possible to celebrate June 10th "with confidence in the future" stressing the conutry’s "political stability and governability."
More confusion over airline carry-on luggage is in the wings as new guidelines are drawn up.
The size of bags allowed onto a plane could be screwed down further if carriers adopt new proposals put forward by the International Air Transport Association (IATA), the industry trade body.
Traditional food retailing in Britain remains in turmoil as Sainsbury’s sales fell for the sixth quarter in a row, Morrison has further reduced its prices, and Tesco proves to be shoppers’ least favourite.
Sainsbury’s, the nation’s third largest supermarket, reported ever dwindling sales, with a 0.6% drop in the last quarter.
