City Lisbon Financial News

29.01 / 09:55

COST Reuters Sustainability information shock rights Interviews ECB's Centeno says rate cuts should start sooner rather than later

By Sergio Goncalves and Andrei Khalip

10.03 / 17:09

markets Citi CEO Tesla Instagram reports Kia Norway roasts Tesla: ‘Elon Musk Went Crazy’ as EV battle revs up, and the internet can’t stop laughing

Kia Norway poked fun at Tesla and its CEO Elon Musk in an Instagram post which has gone viral. The South Korean automaker uploaded an Instagram photo of one of its EV3 electric vehicles, with a sticker that says, «I bought this after Elon went crazy,» reported Times of India.

14.11 / 10:15

markets COST UPS Experts PAM country social Borderless Europe fights brain drain as talent heads north

Portugal to its richer European neighbours in the quest for a better-paid job once he completes his master's degree in Lisbon. But tax breaks proposed by Portugal's government for young workers — up to a temporary 100% income tax exemption in some cases — plus help with housing are making him think twice. «Previous governments left young people behind,» said Monteiro, 23, who is studying engineering and industrial management at the Higher Technical Institute in the Portuguese capital. «The country needs us and we want to stay but we need to see signs from the government that they are implementing policies that will help.»

13.11 / 03:55

markets Election Trade President War gatherings Tech sector gathers in Lisbon in shadow of Trump victory

tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions. The tech industry is holding its breath to see what Trump's second term will bring when he takes over in January, especially as SpaceX and Tesla chief Elon Musk is expected to have a huge influence on the next US government. During Trump's last term from 2017 to 2021, big tech firms were often at odds with the president, particularly given his crackdown on immigration and ramping up the trade war with China.

12.11 / 19:07

markets Digital Election President Experts PAM reports Emergency escape solution? Reports say that Prince Harry and Meghan Markle bought Portugal home to escape Trump's presidency

President-elect Donald Trump takes office, Prince Harry and Meghan Markle reportedly purchased a luxurious pad in Portugal. Approximately 81 miles south of Lisbon, the 722-acre CostaTerra Golf and Ocean Club is a luxurious development where the Duke and Duchess of Sussex are said to have lavished their money on one of 300 soon-to-be-built homes, as quoted in a report by The New York Post. Trump's intense distaste for the Sussexes has sent them into a tailspin and compelled them to reevaluate their options.

04.11 / 12:53

UPS FIVE Dreams Barcelona wellness Celebrity Sporting The 39-year-old who was just handed soccer’s impossible job

Subscribe to enjoy similar stories. When the call came last month with an offer to become manager of Manchester United, Ruben Amorim wasn’t given much time to think it over. This was a once in a lifetime offer, he was told, from one of the most celebrated clubs in sports.

17.10 / 20:13

Strategy Duke PAM actress stars 2020 reports Has Prince Harry and Meghan Markle bought a European vacation home after being kicked out of Frogmore Cottage? Here's all you need to know

Prince Harry and Meghan Markle reportedly bought a vacation home in Europe. According to Page Six, Harry's relatives, Princess Eugenie and her husband, Jack Brooksbank, also own a vacation home north of Lisbon, and the Duke and Duchess of Sussex have purchased a property in Portugal. The expense might lead to the former ‘Suits’ star applying for a Golden Visa, which would allow the American actress to enter any of the 26 Schengen countries in Europe, such as Italy, Spain, and Greece, without any restrictions, as quoted in a report by Page Six.

06.09 / 00:16

UPS FIVE Career wellness International Sporting Juventus Cristiano Ronaldo becomes first footballer to score 900 official goals. Where do Lionel Messi’s soccer stats stand?

Ronaldo put his side 2-0 up at the Estadio da Luz in the 34th minute when he got on the end of a Nuno Mendes cross with a tap-in volley from close range, before falling to the ground looking emotional at reaching another milestone. 39-year-old Ronaldo has now netted 131 international goals, 450 for Real Madrid, 145 for Manchester United, 101 for Juventus and 68 for his current club Al Nassr as well as five for his first club Sporting Lisbon.

17.08 / 18:19

UPS Parke Food tennis Photos Schools Going to Lisbon? It's a crime to not eat Pastel de Nata

Is it pasta-de Nadal — a pasta liked by the tennis maestro? I started reading the phrase 'Pastel de Nata' in a couple of British food columns. I still wasn't paying attention, so I continued to think this PdN was a) Spanish, b) a savoury. Then I read some descriptions that identified it as 'a sweedish item', as my school mess manager used to call desserts and puddings. Finally, I understood that this 'Swedish' item was Portuguese. Last year in Oxford, I saw something called a pasteleria — Portuguese for bakery — had opened, and there was a long queue outside. Walking past it one day, I saw the queue wasn't there so I leapt in. 'Hi, can I please have one of those...?'

18.07 / 20:50

UPS Pool Football wellness cover reports Cristiano Ronaldo's new Lisbon mansion set to become costliest Portugal residence ever

Cristiano Ronaldo knows how to spend his money in the most lavish and headline-friendly ways. Now, Ronaldo is spending heavily on his new Lisbon mansion that is projected to become the costliest residence ever in the whole of Portugal, says a New York Post report.

26.06 / 20:13

Target economy War country reports Suspected Houthi attack targets a ship in the Gulf of Aden, while Iraqi-claimed attack targets Eilat

the USS Dwight D. Eisenhower after an eight-month deployment in which the aircraft carrier led the American response to the Houthi assaults. Those attacks have reduced shipping drastically through the route crucial to Asian, Middle East and European markets in a campaign the Houthis say will continue as long as the Israel-Hamas war rages in the Gaza Strip.

21.06 / 07:35

COST UPS Citi economy Southern pandemic country Europe has a new economic engine: American tourists

LISBON—The Americans are here, and this sun-bleached coastal city is booming. At bars, hotels and restaurants that line winding cobblestone streets, business is so good that Mayor Carlos Moedas recently slashed local income tax for residents. With economic growth of 8.2% last year and a 20% rise in tax revenue from prepandemic times, he’s also made public transportation free for young people and the elderly.

10.06 / 01:39

Art Entertainment Food Celebrity boating One of India's oldest jails is now a hub for fashion and arts

Indian Fashion, Timeless Elegance celebrates Indian couture spanning 2,500 years, showcasing the diversity and the craftsmanship of the country’s jewellery and garments (there’s a second century image of Emperor Kanishka wearing a tunic). Sahitya Chitravali delves into Indian epics like the Mahabharat, informing the visitor about the country’s literary legacy. The third, Kamal, explores the symbolism of the lotus flower in religious iconography and mythology.

29.05 / 16:55

Citi Provident Booking Action community Commerzbank International EBAday 2024: 100 banks registered and ready to fuel the payments technology conversation

EBAday has provided this to the Finextra and EBA community, year on year, for 18 years and will again in Lisbon at the CCL from 18-19 June 2024, leading the conversation on orchestrating the dialogue on payments and the advantages of collaboration.

23.05 / 12:59

Citi Airlines concert pop reports travelers Destinations Swiftly Soaring: Taylor Swift's Eras tour sparks surge in European air travel for upcoming summer season

tour by global pop sensation Taylor Swift has sparked a rise in European air travel for the upcoming summer season. United Airlines, one of the major carriers, has reported a significant increase in travel demand to popular European destinations such as Lisbon, Portugal, and Madrid, Spain, over the Memorial Day weekend, SchengenNews reports. This increase, estimated to be about 25 per cent higher than last year, is directly attributed to Taylor Swift's Eras tour, which has sparked a travel frenzy among her fans. Similar price hikes are anticipated in other cities hosting the tour in the coming weeks, such as Madrid, Edinburgh, and Dublin, says SchengenNews report.

08.05 / 19:49

Citi Waters Food social reports travelers Videos UK Airports chaos: What has happened at Heathrow, Stansted, Gatwick, Edinburgh, Manchester?

IT issue has stranded hundreds of passengers, including children without food and water at the border control section across areas like Heathrow, Stansted, Gatwick, and more. The issue has come to global attention as British travelers were left fuming over a technical fault surrounding the passport e-gates across multiple cities in Britain, according to reports.

01.05 / 06:31

UPS Telegram Fighting War reports Russia's defence minister orders more weapons for Ukraine operation

Sergei Shoigu ordered more, and swifter, delivery of weapons for Moscow's military operation in Ukraine, the Russian defence ministry said on Wednesday. Russia, which calls its war in Ukraine a special military operation, now controls just under a fifth of Ukraine's territory, the bulk seized during the first months of the war it launched in February 2022. At a meeting with the top military command for Moscow's fight in Ukraine, the chief of the general staff, Valery Gerasimov, who is in charge of the operation, delivered a report to Shoigu, the ministry said on the Telegram messaging app.

02.04 / 11:25

UPS community students Universities reports Schools Colleges College newspaper sweeps up 2 tiny publications in a volley against growing news deserts

Student journalists across the United States have done their bit to cover small town news for years, but a college paper in Iowa is taking a bigger swing at it

15.03 / 10:59

awards wellness trends track exclusive travelers Interviews EBAday 2024: Calling early-stage startups to showcase products

Orchestrating the dialogue on payments, EBAday invites all early-stage startups with a working proof of concept or pilot to apply for the 2024 Fintech Zone.

26.01 / 17:23

UPS Binance NFTS Instagram stars Football Star Cristiano Ronaldo Plays Football with Binance NFT Holders Amid Lawsuit

Cristiano Ronaldo trained with holders of his non-fungible token (NFT) in a Binance event amid several investors seeking damages from the sports star in a United States lawsuit.

08.12 / 20:13

Waves awards performer audience rap Doja Cat announces The Scarlet Tour across Europe: Musical tour dates unveiled

Doja Cat, the chart-topping sensation, is set to embark on The Scarlet Tour in Europe from June 11, 2024, to July 5, 2024. This musical journey will traverse the continent, captivating audiences in renowned venues across Europe and the UK. The tour is a celebration of her latest album, «Scarlet,» released on September 22, 2023, and promises an unforgettable experience for fans eagerly awaiting her live performances.

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