Annual inflation in the eurozone was at 0.4% in October, up from 0.3% in September.

For Portugal the rate was 0.1% in October. That coupled with 0.0% inflation in September has put Portugal just out of deflation.

Portugal 2020, the very name has Portugal’s business community searching for ways to access part of the €27.06 billion give away.  

Plans are being made for local development initiatives that encourage entrepreneurship and job creation as the government announces the imminent opening of the pre-qualification period.

A Greenpeace vessel was reported to have been rammed by one from the Spanish navy, leaving one activist injured.

The event came during a protest against oil drilling by Repsol in the Canary Islands of Lanzarote and Fuerteventura.

Isabel dos Santos, billionaire daughter of the feared Angolan President José Eduardo dos Santos, tomorrow will deliver an amended public offer for Portugal Telecom.

Before the market opens the Angolan businesswoman will deliver her new terms and conditions to the stock market regulator.

Cyprus, Greece and Egypt signed an agreement last week to cooperate on energy production of the oil and gas reserves around Cyprus, but that has not abated a war of words among all three nations.

Only minutes later Cyprus’s president, Nicos Anastasiades, accused Turkey of “provocative actions” for sending a surveillance vessel and war ships to search for natural resources in the island’s exclusive economic zone.

Nokia, the name which seemed synonymous with mobile phones, is quietly dropping out of the frame.

Technology giant Microsoft last year spent £4.61 billion on buying large portions of Nokia but the first smartphone to be released after that deal will be Microsoft Lumia, rather than Nokia Lumia.

Berlin has captured the title of the top city in the world for fun, winning out over 1,800 other cities.

The poll asked 2,000 travellers to rank cities according to categories such as “bars”, “clubs”, “shopping”, “adult entertainment” and “activities”.

A short circuit is thought to be the cause of yesterday’s spectacular fire which destroyed a wind turbine at the Raposeira Wind Farm, near Budens, Vila do Bispo.

The 100 metre high turbine was inaccessible to firemen who could do little more than ensure that surrounding area did not also catch fire.