Portugal Colonial

NYSE - LSE

BCC	-1.67%	77.46	$
BP	0.99%	42.57	$
RBGPF	0%	70.69	$
BCE	0.66%	23.615	$
CMSD	-0.43%	21.09	$
BTI	-0.44%	55.885	$
JRI	-1.48%	12.17	$
CMSC	0.05%	21.3	$
RIO	-0.46%	102.83	$
RELX	-0.12%	36.495	$
AZN	-0%	162.695	$
GSK	-0.65%	50.49	$
RYCEF	1.06%	20.72	$
NGG	-0.15%	79.23	$
VOD	0.16%	16.065	$

Featured

US vows to keep economic pressure on Iran as G20 finance talks begin

US Treasury Secretary Scott Bessent vowed Monday to persist with economic pressure on Iran, saying a turning point could be near as G20 finance leaders opened talks clouded by war and trade tensions.

Shein valued at $26.3 bn in Hong Kong market debut

Fast-fashion giant Shein raised $1.7 billion in its long-awaited Hong Kong initial public offering, valuing the online retailer at around $26.3 billion, the company said Monday.

Last news

Macron faces 'moment of truth' as French pension reform goes to vote

A proposed reform of France's pension system, which has sparked massive protests and strikes since the start of the year, is to be put to a vote in parliament on Thursday in a decisive moment for President Emmanuel Macron.

Banks feel impact as Asian markets are hit by contagion fears

Asian markets slid Thursday, led again by banks, with contagion talk sweeping across trading floors owing to fears about European giant Credit Suisse.

Credit Suisse says it will borrow up to $53.7 bn from central bank

Credit Suisse announced Thursday that it would borrow almost $54 billion from the Swiss central bank to reinforce the group after a plunge in its share prices.

Bret Easton Ellis: 'I was always suspicious of wealth'

Bret Easton Ellis is characteristically blunt about the central theme of all his work -- in his words: "the rich, and how fucked up they are".

Social media frenzy fuels bank busting panic

Fearful Twitter posts and anxious WhatsApp exchanges coupled with online banking ease are seen as helping power an internet-age run on a pair of now-collapsed American lending institutions.

Push for carbon-free hydrogen accelerates in US

A source of renewable and storable energy, hydrogen is experiencing a breakthrough in the United States after years of sluggish growth as Biden administration climate policies spark major investments.

Banking shares battered as global markets wobble on contagion fears

Banking shares in Europe and the United States suffered another walloping Wednesday as reverberations from the financial sector's troubles dented oil prices and lifted the dollar.

Credit Suisse customers confident despite stock slump

Credit Suisse customers in Geneva were not spooked by the bank's plunge on the stock exchange Wednesday, believing the Swiss government would ride to the rescue before it could ever collapse.

Hundreds of thousands of workers strike in latest UK industrial action

Teachers, London Underground train drivers and civil servants joined striking doctors Wednesday in a mass stoppage, just as Britain's finance minister Jeremy Hunt unveiled his tax and spending plans.

Garbage mounts in Paris as Macron eyes French pension reform vote

Uncollected rubbish mounted in the streets of Paris on Wednesday and hundreds of thousands of people marched in last-gasp protests against French President Emmanuel Macron's pension reform which is set to go before parliament.

UK unveils cost-of-living budget as strikes rage

Britain's government on Wednesday vowed a hefty £94 billion ($114 billion) in cost-of-living support for this year and next, as it forecast the UK to stay out of recession and inflation to slow sharply.

Damages claim against BHP over Brazil dam jumps to £36bn: law firm

A damages claim faced by global mining firm BHP over a deadly 2015 Brazilian dam collapse has risen to an estimated £36 billion ($44 billion), the legal firm leading the UK class action said on Wednesday.

US retail sales and producer prices fall, easing Fed pressure

US retail sales and wholesale prices slipped in February, according to government data released Wednesday, providing some respite for policymakers as the central bank prepares for a crucial interest rate decision next week.

SVB collapse calls for finance rethink: Stiglitz

In the wake of the collapse of Silicon Valley Bank that has shaken world markets, Nobel economics prize laureate Joseph Stiglitz told AFP that US authorities "did the right thing" to protect deposits but said the financial system needs a rethink.

Search on for 10 trapped miners after Colombia blast kills 11

Rescuers battled Wednesday to save ten workers trapped in a coal mine in central Colombia after an explosion that killed 11.

Stock markets in 'bloodbath' as bank fears resurface

Stock markets sank on Wednesday on renewed fears of a burgeoning banking crisis, snapping a one-day rally as Credit Suisse led a rout in shares of major lenders.

Strikes-hit UK pledges £94 bn in cost-of-living budget

Britain on Wednesday said its cost-of-living support for this year and next would total £94 billion ($114 billion), as it forecast the UK to stay out of recession with inflation slowing sharply.

SVB collapse calls for finance rethink financial: Stiglitz

Credit Suisse shares sink as top shareholder rules out more cash

Credit Suisse shares plunged more than 20 percent to new record lows after its main shareholder said it would not provide more financial assistance to the embattled Swiss banking giant.

Lebanon central bank chief snubs European investigators

Lebanon's under-fire central bank governor Riad Salameh failed to appear Wednesday before European investigators, with his legal team claiming the hearing would have been "in conflict with national sovereignty", a judicial source said.

Russia's oil revenue sinks as price cap bites: IEA

Russia's oil-export revenue sank by almost half in February compared to last year as Western powers tightened sanctions on the country, the International Energy Agency said on Wednesday.

European stock markets, euro slump on banking fallout

Europe's stock markets and the euro slumped Wednesday on renewed fears of contagion following the collapse of Silicon Valley Bank.

Last-gasp garbage strike seeks to thwart French pension reform

Uncollected rubbish clogged streets in France's capital on Wednesday as unions made an 11th-hour bid to stop a deeply unpopular pensions reform from being passed.

South Korea to build 'world's largest' chip centre

South Korea said Wednesday it would build the world's largest chip centre using $230 billion of private investment mostly from Samsung Electronics, as it seeks an edge in the global industry.

Zara owner Inditex posts record profit

Zara owner Inditex, the world's biggest fashion retailer, reported record profits for 2022 despite halting operations in Russia and soaring global inflation.

Worry, mistrust meet plans to secure waste from Niger uranium mine

Towering mounds dot the desert landscape in northern Niger's Arlit region, but there is little natural about them -- they are heaps of partially radioactive waste left from four decades of operations at one of the world's biggest uranium mines.

China retail sales up in New Year after Covid reopening

Chinese retail sales rebounded in January and February as Beijing abandoned its suffocating zero-Covid policy, reopening borders and ending mandatory quarantine, and the country celebrated the Lunar New Year holiday.

Strike grips Sri Lanka as unions protest IMF bailout

Bankrupt Sri Lanka's hospitals were crippled and transport disrupted on Wednesday as trade unions protested against the doubling of taxes to qualify for a crucial IMF bailout.

Asian markets rally as bank worries ebb, Fed rates back in view

Asian markets bounced Wednesday as concerns about contagion from the collapse of two US regional lenders eased while investors turned their attention back to next week's Federal Reserve interest rate decision.

Tesla's arrival accelerates Mexico 'nearshoring' boom

Governor Samuel Garcia is a man in a hurry, juggling his daughter's birth and Tesla's arrival in northern Mexico, which hopes to benefit from a new wave of foreign investment.

Last-gasp strikes seek to prevent French pension reform

France faces another day of strikes on Wednesday over highly contested pension reforms which President Emmanuel Macron appears on the verge of pushing through despite months of protests.

Hunger, thirst stunting Indigenous children in Colombian desert

After a grueling jeep trip of almost 24 hours on mostly desert roads, two-year-old Rosalinda arrived at the clinic in Uribia, northern Colombia, just in time.

Portugal Colonial - Economy (English)