Portugal Financial News

Rahim Al-Hussaini was named Wednesday as the new Aga Khan, spiritual leader of the world's millions of Ismaili Muslims. He was designated as the Aga Khan V, the 50th hereditary imam of the Shiite Ismaili Muslims, in his father's will. His father died Tuesday in Portugal.

Subscribe to enjoy similar stories.Mumbai: Life is coming full circle for Suzlon Energy Ltd as the company looks to resume selling wind turbines in Europe, a market where it stopped sales nearly two decades ago as it worked its way out of a debt crisis.The Pune-based company on Tuesday launched two new turbine designs for the European market with capacities of 5 MW and 6.3 MW, based on its new Blue Sky product platform. These add to its portfolio of 2.1 MW and 3 MW machines.The new platform will debut in Europe and the company will take a call later this year on the specifications in which it can be brought to India, Girish Tanti, the executive vice-chairman of Suzlon, told Mint over a call from Madrid.

Subscribe to enjoy similar stories.SÃO PAULO—A Brazilian gang founded in the country’s violent prisons is fast becoming one of the world’s biggest criminal organizations, reshaping global cocaine flows from South America to Europe’s busiest ports and edging into the U.S.Long under Washington’s radar, the First Capital Command, known by its Portuguese initials PCC, started out as a disgruntled band of inmates fighting for soap and toilet paper in the 1990s.It now has some 40,000 members behind bars and on the streets with a vast network of affiliates—making it the largest criminal group in the Americas by some estimates, operating in nearly 30 countries on every continent except Antarctica.“The PCC has become a truly transnational group,” said Lincoln Gakiya, Brazil’s top PCC prosecutor, who has tracked its rise for two decades. “I believe it is now the fastest-growing criminal organization in the world.”With the scale of Italian organized criminal groups and the efficiency of a multinational corporation, the PCC has helped drive record cocaine seizures in Europe and sparked violent turf wars in the heart of major ports in Belgium and the Netherlands.Prosecutors and police in Brazil are calling on President Trump to label the PCC a Foreign Terrorist Organization, joining more than a dozen other Latin criminal networks.The PCC is organized crime at its most organized, prosecutors say.Unlike the narco-tycoons of Mexico, the heavily armed Colombian cocaine militias or the flashy drug lords of Rio de Janeiro’s Red Command gang, PCC members keep a low, businesslike profile, seeking fortune not fame—and shying away from the kinds of gratuitous violence that attract police and TV news crews.

This summer, Anisha and Karan Kapur, a Delhi-based couple in their mid-40s working corporate jobs, are skipping a ritual they rarely miss: an overseas holiday.With only a few weeks off, they had planned a trip to Portugal, drawn by Europe’s pleasant summer weather. But with geopolitical tensions and the West Asia war, they decided to stay on safer shores instead, swapping the Portuguese summer for a shorter luxury break in Goa and along the Konkan coast.Hotels in India, sensing an opportunity, are looking to lure such travellers with offers that range from longer stays to all-inclusive meals.

₹2 crore over five days, excluding revenue from souvenirs and other merchandise. The estimated economic impact generated for hotels, transport services, restaurants, artisans and local businesses is pegged at ₹130 crore, according to KLF officials.It was not an isolated spike.

Subscribe to enjoy similar stories. US President Donald Trump’s speech at Davos was meant to be a bellwether for the trans-Atlantic relationship, particularly Nato, with his handling of Greenland closely watched. After the speech, it appears Nato has survived, but barely.

Subscribe to enjoy similar stories. When global rating agencies revised their sovereign debt ratings for France and Portugal earlier this year, aligning them with those of Care Ratings, they “vindicated" the stance of the Indian rating agency that launched its fledgling sovereign rating business just over a year ago, a top official at Care Ratings said.

Across much of the industrial world, trust in government is low and declining. Why is this happening and why exactly does it matter? An unusually thorough new study looks at these questions and finds answers that are somewhat unexpected and, in one way, more disturbing than you might have guessed.The fact of diminished trust is hardly a revelation, least of all in countries such as the US, where anti-establishment populists have turned politics upside down and elite expertise has become not just distrusted but disdained. Last year, a survey found that fewer than one is six Americans expect Washington to do the right thing “nearly always” (1%) or “most of the time” (15%).

Keen to move beyond its reputation as a weekend escape for drinkers from dry Gujarat, the administration is exploring a dramatic shift: a plan to lease out the 16th-century Portuguese-built Diu Fort for destination weddings and rebranding the beach town as a family-friendly retreat. “Diu will soon be Goa minus the casino and nightlife,” Diu collector Rahul Dev Boora told ET. “Both Diu and Goa share a Portuguese legacy, but for tourists seeking a family getaway, Diu will always have the edge.”

Witch Watch, in April 2025. The anime is based on the manga by Kenta Shinohara and directed by Hiroshi Ikehata. The series will be available globally and will include multiple language dubs after its initial release.

F-35, a fifth-generation fighter, was developed in partnership with eight countries, making it a model of international cooperation. When President Donald Trump introduced its successor, the F-47, he praised its strengths — and said the version sold to allies would be deliberately downgraded. That made sense, Trump said last week, «because someday, maybe they're not our allies.» For many countries wedded to the United States, his remark confirmed a related conclusion: that America can no longer be trusted. Even nations not yet directly affected can see where things are heading, as Trump threatens allies' economies, their defense partnerships and even their sovereignty. For now, they are negotiating to minimize the pain from blow after blow, including a broad round of tariffs expected in April. But at the same time, they are pulling back. Preparing for intimidation to be a lasting feature of U.S. relations, they are trying to go their own way. A few examples:

Cristiano Ronaldo has been announced as a playable character in Fatal Fury: City of the Wolves, an upcoming and much-awaited fighting game set to be released next month. The Portuguese player announced the major surprise for his fans on X, formerly known as Twitter. In his social media post, Ronaldo revealed he will be entering as a playable character in the upcoming fighting game Fatal Fury: City of the Wolves. «Big news to share with everyone today! I'm going to be a character in the new fighting game FATAL FURY: City of the Wolves! @FATALFURY_PR Let's have some fun on April 24th!,» his post read. This announcement sent shockwaves through both the gaming and football communities, as the 40-year-old legend is renowned for his athletic achievements rather than any connection to gaming. ALSO READ: US health department to cut 10,000 jobs as Robert F. Kennedy Jr announces overhaul in latest DOGE push

fog enveloped New Zealand’s Christchurch airport on Thursday (March 27) disrupting flight operations and throwing the travel plans of thousands of travellers out of gear. Airlines operating from Christchurch airport either cancelled or delayed their flights due to fog. According to a Christchurch Airport spokesperson, two flights were delayed at 8.40am on Thursday while by 10am the airport's website reported flights coming to Christchurch from Auckland and Nelson were cancelled. Among the affected airlines were Jetstar, which had to delay its flight from Auckland, and Air New Zealand. The latter had to cancel its flight to Invercargill due to fog and also divert some of them away from Christchurch. Just three weeks ago, Christchurch airport was rated as the best in a study of 3500 international travellers. New Zealand’s Queenstown Airport was in second position. Madeira Airport in Portugal ranked third with a score of 9.07. The study, involving 3500 international travellers, focused on airport experiences. Travelers rated airports based on factors like customer service and ease of navigation. Nineteen airports received sufficient reviews for inclusion in the rankings.

chef Pam Pichaya Soontornyanakij's modern Thai-Cantonese storytelling. Diners eat inside a stunning Sino-Portuguese building where chef Pam's family lived and made traditional Chinese medicines for over 100 years. The space retains its charm and character. Dark molasses floors, exposed brick and jungle murals create a captivating blend of old and new, while a wall of medicinal brown bottles and kombucha-filled glass jars hints at Potong's alchemical artistry. Pam's philosophy rests on 5    elements — salt, acid, spice, texture and the Maillard reaction — each woven into an 11- course tasting menu. The dishes — modern interpretation of Pad Thai, a crab dish with roe, and duck — are beautifully composed, with bold yet familiar flavours, and presentations that avoid unnecessary frills.

Assassin’s Creed Shadows is now available for PlayStation 5 and Xbox Series X/S. The game was released on March 20 and is priced at $69.99. It can be purchased from Amazon, Walmart, Target and Best Buy.

DY Patil Stadium will host ‘Legends Faceoff’, featuring former stars from Real Madrid and Barcelona. Among the names confirmed for the match are Luís Figo, Carles Puyol, Fernando Morientes, and Ricardo Quaresma. Figo, who won the Ballon d’Or in 2000, played for both clubs, securing multiple La Liga titles and the 2002 Champions League with Real Madrid. Puyol, a defensive stalwart, led Barcelona to six La Liga and three Champions League trophies, in addition to winning the 2010 World Cup and Euro 2008 with Spain. Morientes played a key role in Real Madrid’s success, winning three Champions League titles and representing Spain in two World Cups. Quaresma, a former Barcelona winger, was part of Portugal’s Euro 2016-winning squad and enjoyed domestic success in Portugal and Turkey. The players expressed their excitement ahead of the match. Figo said, “India, I know you love football, and I can’t wait to bring the magic to Mumbai. Let’s make this an unforgettable night!” Puyol shared similar enthusiasm, stating, “India, I’ve seen your passion for football from afar—now it’s time to witness it up close.” Morientes and Quaresma also looked forward to the event, with Morientes keen to “experience India’s football madness” and Quaresma eager to “finally experience” the energy of Indian fans.

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.

Subscribe to enjoy similar stories. For about half the people alive today, the story of where they came from just became clearer. For centuries, historians and linguists have been searching for the cradle of the Indo-Europeans, an ancient people who shaped history and created the world’s largest language family, now spoken by over 40% of humanity.

Babbar Khalsa International with «links» to Pakistan's ISI, who had planned a major terror attack during the Maha Kumbh, was arrested from Uttar Pradesh's Kaushambi district early Thursday, police said. The terrorist, identified as Lajar Masih, was nabbed in a joint operation by Uttar Pradesh STF and Punjab Police around 3:20 am. Addressing a press conference here, Uttar Pradesh Director General of Police (DGP) Prashant Kumar said Masih had planned a major terrorist attack during the Maha Kumbh in Prayagraj. «However, due to intensive security checks at the religious gathering, he failed to execute his plan,» he said.

The United States sends tremendous support to its allies around the world, but the payback has typically been a more stable world — it doesn’t always work, mind you, as we have seen these past three years. But no country benefits more from a tranquil world than the U.S.

If the tariffs are confirmed, «Europeans will respond and therefore there will be reciprocal tariffs. Because we must protect ourselves, defend ourselves,» Macron said in Porto during a state visit to Portugal. «We must not be weak in the face of these measures,» he said alongside Portuguese Prime Minister Luis Montenegro.