Portugal News
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Updated 13 minutes ago
European leaders declared a turning point in the Greece-fueled debt crisis, shifting their focus away from the budget-cutting spree that has dominated two years of rescue operations.
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Updated 46 minutes ago
Iberdrola SA, Spain’s biggest power company, spent 0.4 percent of its revenue on research, development and innovation last year as it urged the government to cut clean energy subsidies and ease costs to utilities.
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Updated 48 minutes ago
European stocks advanced, heading for a weekly gain, as policy makers declared a turning point in the sovereign-debt crisis and shifted their focus to pulling the region out of a recession.
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Updated 1 hour, 18 minutes ago
U.K. stocks fell as Spain raised its budget deficit target above the limit committed to the European Union.
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Holders of credit-default swaps on Greek bonds shouldn’t tear up their contracts after yesterday’s ruling against a payout.
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European banking shares were upgraded by Goldman Sachs Group Inc. analysts, who said they anticipate a boost in liquidity and profit from the European Central Bank’s three-year loans.
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Vladimir Putin may ride out a wave of protests and return to the presidency on the back of an economic track record that he says marks Russia out from the turmoil sweeping parts of Europe.
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Barclays Plc, the U.K.’s third- largest lender by assets, took 8.2 billion euros ($10.9 billion) of three-year loans from the European Central Bank to provide “funding stability” for its units in Spain and Portugal.
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A commission appointed by the Group of 20 nations called for stricter regulation of price-reporting agencies to prevent the manipulation of oil markets.
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Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
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