Pingo Doce holding company in move to Switzerland

pingoAlexandre Soares dos Santos, the former chairman of the board of Jerónimo Martins, admitted this week that the company headquarters is off to Geneva, mainly due to the lack of response from Portugal’s banks.

The respected business leader that Portuguese banks do not give the answers that businesses need and he criticised the way the government has handled the economic crisis.

British population soars to record high

baby2012The population of the UK reached 64.1 million last year, in a pace which has made it the fastest growing in Europe.

For the last decade, Britain has been growing twice as fast as the rest of Europe, according to figures from the Office for National Statistics.

British passport holders gain easiest access to most countries

passportBritish passports have been named among the world’s most powerful, giving holders access without visas to the greatest number of the world’s nations.

Passport holders from Finland and Sweden, along with the UK, are able to enter 173 countries without obtaining a visa or by getting one on arrival, according to research carried out by movehub.com, a website devoted to people moving around the globe.

Germans fall for fake lottery scam

euromillions2More than 360,000 Germans were conned into buying online lottery cards for a draw that does not exist.

The racket was being operated out of Greece.

Portimão medic accused of negligent homicide

hospitalchartThe Court of Portimão has postponed the sentencing of the gynecologist accused of negligent homicide for allegedly causing the death of a woman during surgery.

The case dates back to April 2011 when the victim, a 27-year old nurse underwent surgery to improve her chances of conceiving.

Greater flight disruption on the horizon

airplaneBelgian air traffic controllers have announced plans to go on strike for two hours, a seemingly more measured approach than their peers in France who are on a six day strike.

Air space in Belgium will be shut down from 18.00 to 20.00 on Wednesday as the controllers protest budget cuts.

Brits fooled by Brazilian property scam

brazil2Brits stung in property deals in Brazil’s World Cup territory have turned for help to solicitors.

Investors are believed to have spent up to £19 million on plots of land in areas supposedly near the World Cup stadia. They had hoped that value would be added by the effect of the games along with rising land prices in the country.

Criminal court one step closer for Spanish princess

spainishprincessA Spanish judge has recommended that a member of the country’s royal family must face trial on corruption charges.

Princess Cristina is accused of complicity in her husband’s business dealings and will face charges of tax evasion and money laundering linked to his business.