🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe
Sign in Subscribe

business

Business news, startups, investments, and corporate developments in Portugal.
EU-Mercosur Interim Trade Agreement Begins Provisional Application on 1 May 2026 — Port Wine, Olive Oil and Metalomechanics Get Day-One Tariff Cuts as Beef and Rice Producers Brace for Quota-Driven Pressure

EU-Mercosur Interim Trade Agreement Begins Provisional Application on 1 May 2026 — Port Wine, Olive Oil and Metalomechanics Get Day-One Tariff Cuts as Beef and Rice Producers Brace for Quota-Driven Pressure

The commercial pillar of the EU-Mercosur Partnership Agreement begins provisional application on 1 May 2026. Portugal's wine, olive oil and metalomechanics exporters get day-one tariff cuts; beef, poultry and rice producers face quota-driven pressure with a safeguard clause Lisbon helped negotiate.
The Portugal Brief
Lone Star Closes the Door on Eight Years at Novo Banco as French Group BPCE Takes 100% Ownership Today — Portugal's Fourth-Largest Bank Crosses Into the Hands of Europe's Second-Biggest Cooperative on 30 April 2026

Lone Star Closes the Door on Eight Years at Novo Banco as French Group BPCE Takes 100% Ownership Today — Portugal's Fourth-Largest Bank Crosses Into the Hands of Europe's Second-Biggest Cooperative on 30 April 2026

BPCE — the French cooperative banking group behind Banque Populaire and Caisse d'Épargne — completes the €6.4 billion acquisition of Novo Banco on 30 April, ending Lone Star's eight-year ownership and folding Portugal's fourth-largest bank into a 32-million-customer European retail group.
The Portugal Brief
CP More Than Doubles Its 2025 Profit to €4.8 Million on a Record 208 Million Passengers — Comboios de Portugal Exits the General Government Sector and Will Gain Procurement Autonomy in 2027

CP More Than Doubles Its 2025 Profit to €4.8 Million on a Record 208 Million Passengers — Comboios de Portugal Exits the General Government Sector and Will Gain Procurement Autonomy in 2027

Comboios de Portugal closed 2025 with a €4.8M profit — up 166% — on 208M passengers, helped by the €20 Passe Ferroviário Verde. INE has now removed CP from the general government institutional sector register, which from 2027 will hand the operator full management and procurement autonomy.
The Portugal Brief