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Zoek nieuws:Sla Portugal op in uw uitdrukkingenlijst

Research and Markets: Portugal Oil Gas Trends, Market Opportunities and Outlook to 2025
Research and Markets has announced the addition of the "Portugal Oil Gas Trends, Market Opportunities and Outlo
Wed, 23 Jul 2014 06:01:00 -0700

Portugal president warns Espirito Santo woes could hurt economy
Portugal's president warned on Monday that fallout from the financial troubles of the founding family of Banco Espirito Santo (BES) could affect the wider economy, while the bank said it was appointing a special financial advisor to help boost its capital structure. President Anibal Cavaco Silva is the first high-profile politician to warn of a possible economic impact from the Espirito Santo ...
Mon, 21 Jul 2014 12:11:47 -0700

Bank crisis further rattles Portugal economy
Portuguese Economy Minister Antonio Pires de Lima admitted on Monday that a crisis engulfing the giant Banco Espirito Santo group could affect the country's recovery, but insisted Portugal's "upturn is stronger". "The crisis in the Espirito Santo group will not do us good, but the recovery is stronger and it is there to stay," he told journalists. The turmoil at Portugal's largest lender comes ...
Mon, 21 Jul 2014 16:05:01 -0700

André Silva leads Portugal to Hungary stroll
Hungary 1-6 Portugal André Silva scored four goals, Ivo Rodrigues and Gelson Martins adding the others, as Hélio Sousa's side swept aside the hosts to reach the last four.
Tue, 22 Jul 2014 17:16:19 -0700

Oi’s Post-Merger Outlook Souring on Debt Deal Gone Wrong
When Oi SA (OIBR4) announced its merger with Portugal Telecom SGPS SA last year, Chief Executive Officer Zeinal Bava said the new company could better take advantage of growth opportunities in Brazil. Analysts from Citigroup Inc. (C) to Macquarie Group Ltd. (MQG) say it will probably miss its chance. Losses stemming from Portugal Telecom's holdings of 897 million euros ($1.2 billion) of ...
Mon, 21 Jul 2014 18:00:00 -0700

Portugal hopes new boss at BES marks fresh start for troubled bank
By Andrei Khalip LISBON (Reuters) - Portugal's troubled Espirito Santo clan was forced to sell a chunk of the bank it founded and accept independent managers on Monday after the lender's links to the family unsettled international markets. An audit of the family-owned holding companies behind Banco Espirito Santo found financial irregularities that raised the prospect of potentially ...
Mon, 14 Jul 2014 12:09:27 -0700

Portugal Telecom Signs New MOU with Oi over Impending Merger
The long awaited cross-country merger between Portugal Telecom SGPS S.A. (PT) and a leading Brazilian telecom operator Oi S.A. (OIBR) is nearing completion.
Thu, 17 Jul 2014 14:50:04 -0700

Portugal Telecom may sue BES over unpaid family co's debt -sources
* S&P cuts BES rating to B-, warns on solvency risks * Portugal Telecom itself faces potential lawsuit * BES-linked Rioforte holding company failed to repay $1 bln debt (Adds Portugal Telecom also likely to be sued) LISBON, July 17 (Reuters) - Banco Espirito Santo (BES) could be sued over a loan that one of its founding family's holding companies failed to repay to Portugal Telecom, sources said ...
Thu, 17 Jul 2014 14:34:06 -0700

Portugal says private investors could bolster BES defences
Banco Espirito Santo (BES) (BES.LS) should be able to tap private investors if it needs to boost its defences against losses, Portugal's central bank governor said on Friday, reiterating that the lender had sufficient capital reserves. Recent disclosures of financial irregularities within the Espirito Santo family's business empire have raised questions about potentially destabilising losses at ...
Fri, 18 Jul 2014 05:17:23 -0700

Portugal Telecom loses chunk of Oi merger over unpaid Espirito Santo debt
Portugal Telecom (PT.LS) has been forced to take a cut in its share of the merger with Brazil's Grupo Oi (OIRB3.SA) after a holding company of the Espirito Santo family failed to repay more than $1 billion (583.26 million pounds) it owed to the telecom company. Portugal's largest telecoms provider said it would take legal action to try and recover the debt from the family company, Rioforte ...
Wed, 16 Jul 2014 07:52:03 -0700


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