Wednesday 23 April 2014
 
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Portugal

Masdar inks renewable energy framework deal

Abu Dhabi's renewable energy company Masdar has signed a framework agreement with Energias De Portugal (EDP), Portugal’s largest utility company, to explore opportunities to deploy large-scale renewable energy projects and promote rene

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Oman Air names GSA for Spain, Portugal

Oman Air has appointed Summerwind GSA, a veteran with over 25 years of experience in the commercial aviation sector, as the new general sales agent for Spain and Portugal. As Oman Air´s representative for the Iberian Peninsu

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Joblessness ‘to intensify in euro zone's hardest hit’

The queues of jobless people across Spain, Portugal and Greece will lengthen further but an end to recession is within sight, according to the latest Reuters poll on some of the euro zone's most vulnerable economies. Monday

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Portugal in $3.9bn deal to sell airport operator

Portugal is set to beat its privatisation revenue goal by selling airport operator ANA to French construction firm Vinci in a deal worth about three billion euros ($3.97 billion), sources said. Vinci was chosen because of the high

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Portugal Kiss wins SIAL innovation award

Nutrigreen, a Portuguese company dedicated to the processing of fruits and vegetables, has won the innovation award for its fresh fruit bars at the SIAL Middle East, a leading professional trade exhibition for the food, drink and hospitality ind

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Spanish bailout could reach $125bn

A bailout for Spain's teetering banks, once requested by Madrid, could amount to as much as 100 billion euros ($125 billion), two senior EU sources told Reuters on Saturday. Spain has not yet made a formal request for European aid but

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ECB provides easier funding for Portugal

The European Central Bank (ECB) had tried to hold the line on the euro zone debt crisis, helping Portuguese banks with easier funding while opposing any measures that could leave Greece in default. The ECB had strong words for the credit r

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Gold up after Portugal rating cut

Spot gold rose to a 1-1/2-week high on Wednesday, supported by a weaker dollar and renewed worries about the euro zone's debt problem after Moody's slashed Portugal's credit rating to junk. Moody's also warned that Portugal may need a seco

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Euro off 7-week low but still seen wobbly

The euro held steady on Tuesday, staying above a seven-week low hit the previous day, but downside risks persisted. The euro also remains vulnerable due to concerns about the debt of peripheral euro zone countries, although it gained some

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Crisis-hit Portugal, Ireland ratings cut

Credit rating agency Fitch has downgraded Portugal saying the debt-laden country needed a bailout, while rival agency S&P cut Ireland's rating after bank stress tests revealed another black hole. Despite a successful Portugues

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