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Sify.com » Topics » Portugal
Portugal News
Chinese New Year Portugal’s privatisation programme is off to an auspicious start. China’s deep pockets have triumphed over politics in Lisbon’s sale of a stake in Energias de Portugal (EDP). Three Gorges Corporation is buying 21 pct of Portugal’s main utility for a top price of 2.7 billion euros, and throwing in a bonus bundle of low-cost, long-term bank financing and investment commitments.
Three Gorges to buy stake in Portuguese firm
China's Three Gorges Corp will buy a 21 percent stake in Portuguese utility company EDP for 2.69 billion euros ($3.5 billion), beating rivals from Germany and Brazil, a media report said Saturday.
Lawyer: Portugal denies US appeal for fugitive
Portugal's Supreme Court has refused a request from the U.S. to extradite American fugitive George Wright, his lawyer said Thursday.
Summary Box: Portugal sells utility stake to China
: Portugal will sell the state's 21.35 percent stake in national utility Energias de Portugal to China Three Gorges Corp. for $3.5 billion. Three Gorges Corp. beat rival bids from German gas and
Grammy-winning singer Cesaria Evora dies at age 70
Cesaria Evora, who started singing as a teenager in the bayside bars of Cape Verde in the 1950s and won a Grammy in 2003 after she took her African islands music to stages across the world, died
Portugal lowered to junk status as big strike hits
Portugal's efforts to climb out of its economic crisis suffered a double setback Thursday as its credit rating was downgraded to junk status and a major strike gave voice to broad public outrage |
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