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- Top 10 Rising Unicorn Cities in Europe
Top 10 Rising Unicorn Cities in Europe - Portugal Business News Tech News Europe - Here are the Top 10 Rising Unicorn Cities in Europe, according to The Global Tech Ecosystem Index 2026 by Dealroom: What are Rising Unicorn Cities? Rising Unicorn Cities are Hubs where enterprise value and unicorn creation are accelerating. The data is adjusted for local economic conditions to spotlight genuine momentum. Top 10 Rising Unicorn Cities in Europe in 2026: 1 - Istanbul - Türkiye Istanbul ranks No. 1 in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 2 - Kyiv - Ukraine Kyiv ranks 2nd in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 3 - Zagreb - Croatia Zagreb ranks 3rd in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 4 - Athens - Greece Athens ranks 4th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 5 - Sofia - Bulgaria Sofia ranks 5th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 6 - Prague - Czech Republic Prague ranks 6th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 7 - Vilnius - Lithuania Vilnius ranks 7th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 8 - Kaunas - Lithuania Kaunas ranks 8th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 9 - Lisbon - Portugal Lisbon ranks 9th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom 10 - Warsaw - Poland Warsaw ranks 10th in the ranking of the Top 10 Rising Unicorn Cities in Europe in 2026 by Dealroom
- 10 Steps that led to the Formation of the European Union with images
10 Steps that led to the Formation of the European Union, with images - Portugal Business News EU Business News - Here are the 10 Steps that led to the Formation of the European Union, with images of places where EU History was made: The European Union (EU), that is a political and economic union of 27 member states, was established when the Maastricht Treaty came into force in 1993, and was incorporated as an international legal entity upon the entry into force of the Treaty of Lisbon in 2009. What are the main events and dates that led to the creation of the European Union? Here are the 10 steps that led to the Formation of the European Union (EU): 1 - The Congress of Europe held in May 1948 2 - The Schuman Declaration on May 9, 1950 3- The Treaty of Paris on 23 July 1952 4 - The Treaty of Rome signed on 25 March 1957 5 - The Schengen Agreement signed in 1985 6 - The Single European Act on 1 July 1987 7 - The Fall of the Berlin Wall on 9 November 1989 8 - The Treaty of Maastricht signed in 1992 9 - The Treaty of Accession of 10 countries to the European Union on 16 April 2003 10 - The Treaty of Lisbon signed in 2007 Here are the Images of 8 places where EU History was made: 1 - Sala degli Orazi e Curiazi (Hall of the Horatii and Curiatii) - Rome Hall of the Horatii and Curiatii - Rome - Portugal Business News The Sala degli Orazi e Curiazi (Hall of the Horatii and Curiatii) in Rome, that is in the Palazzo dei Conservatori on the Capitoline Hill, was the site of the historic signing of the Treaty of Rome in 1957. 2 - The Hall of Knights - The Hague, Netherlands The Hall of Knights - The Hague, Netherlands - Portugal Business News The Hall of Knights at The Hague in the Netherlands is the place where The Congress of Europe was held in May 1948 with 750 European delegates. The Congress of Europe was the first federal development of post-war European history where ideas about the development of European integration were discussed and eventually led to the creation of the modern-day European Union. 3 - Princess Marie-Astrid Europa boat - Schengen, Luxembourg Princess Marie-Astrid Europa boat - Schengen, Luxembourg - Portugal Business News The Princess Marie-Astrid Europa boat (Prinzessin Marie-Astrid Europa) is where the Schengen Agreement was signed in 1985, leading to a Europe without internal borders. 4 - Limburg Government Building - Maastricht, Netherlands Limburg Government Building - Maastricht, Netherlands - Portugal Business News The Limburg Government Building in Maastricht, in the Netherlands is the place where the landmark Maastricht Treaty was signed in 1992, establishing the European Union and preparing the path for the single currency. 5 - Jerónimos Monastery - Lisbon Jerónimos Monastery - Lisbon - Portugal Business News Jerónimos Monastery in Lisbon is where the Treaty of Lisbon was signed on 13 December 2007, laying down the basis for the reform of the European Union. 6 - Salon de l´Horloge (The Clock Room) - Paris Salon de l´Horloge (The Clock Room) - Paris - Portugal Business News The Salon de l´Horloge (The Clock Room) in Paris, that is located at the French Ministry of Foreign Affairs at the Quai d'Orsay, is where Robert Schuman delivered the Schuman Declaration on May 9, 1950, proposing the creation of the European Coal and Steel Community. 7 - The Stoa of Attalos - Athens The Stoa of Attalos - Athens - Portugal Business News The Stoa of Attalos in Athens is where the ceremony of the signing of the Treaty of Accession of 10 countries to the European Union was conducted on 16 April 2003, namely Cyprus, the Czech Republic, Estonia, Latvia, Lithuania, Hungary, Malta, Poland, Slovakia, and Slovenia. 8 - The Fall of the Berlin Wall - Berlin The Fall of the Berlin Wall - Portugal Business News The Fall of the Berlin Wall on 9 November 1989 during the Peaceful Revolution symbolized the destruction of the Iron Curtain and led to the reunification of Germany that took place in October 1990.
- From what countries are the winners of the European Prize for Women Innovators 2026?
From what countries are the winners of the European Prize for Women Innovators 2026 - Portugal Business News Business News Europe - From what countries are the winners of the European Prize for Women Innovators 2026? Here are the countries where women innovators won the most prizes at the European Innovation Council (EIC) 2026 Summit in Brussels: The European Prize for Women Innovators award honours the groundbreaking contributions of women entrepreneurs whose innovations are driving progress and strengthening Europe's competitive edge in the global economy: From pioneering advancements in healthcare and sustainability to revolutionising space technology and digital traceability, the 2026 EIC finalists exemplify the transformative power of women-led innovation. From what countries are the winners of the European Prize for Women Innovators 2026? Here are the countries that have the most women winning the European Prize for Women Innovators 2026 under the European Innovation Council (EIC): 1 - Portugal Portugal ranks No. 1 country with the most women winning the European Prize for Women Innovators 2026 under the European Innovation Council with 2 award-winning women innovators: 1 - Ella Frances Cullen, Minespider - Portugal Ella Frances Cullen from Portugal won the 1st Prize of the EIT Women Leadership award for exceptional members of the European Institute of Innovation and Technology. Ella Frances Cullen from Portugal is the co-founder and Chief Marketing Officer of Minespider, revolutionising supply chain transparency with a blockchain and AI platform delivering digital product and battery passports and promoting sustainability and compliance. 2 - Neide Vieira, IPLEXMED - Portugal Neide Vieira from Portugal won the 3rd Prize at the EIT Women Leadership award for exceptional members of the European Institute of Innovation and Technology. Neide Vieira from Portugal is the co-founder and Chief Operating Officer of IPLEXMED, accelerating diagnosis infectious diseases diagnosis with graphene-based biosensors that enable portable, rapid, and lab-grade testing. 2 - Spain Spain ranks 2nd country with the most women winning the European Prize for Women Innovators 2026 under the European Innovation Council with 2 award-winning women innovators: 1 - Judit Giró Benet, The Blue Box - Spain Judit Giró Benet from Spain won the 3rd Prize at the EIC Rising Innovators award for promising young women innovators under 35. Judit Giró Benet from Spain is the founder of The Blue Box, developing a non-invasive urine-based test to improve early breast cancer detection, particularly for women underserved by traditional screening methods. 2 - Judit Camargo Sanromà, Roka Furadada - Spain Judit Camargo Sanromà from Spain won the 3rd Prize at the EIC Women Innovators award for exceptional women founders and co-founders from EU Member States and Associated Countries of Europe's multi-billion-euro programme Horizon Europe. Judit Camargo Sanromà from Spain is the founder and CEO of Roka Furadada, tackling the growing threat of skin cancer with eco-friendly cosmetic ingredients that deliver high-performing UV protection while safeguarding marine ecosystems. 3 - Ukraine and United Kingdom Ukraine and United Kingdom both rank 3rd at the European Prize for Women Innovators 2026 under the European Innovation Council with 1 award-winning woman innovator: 1 - Katerina Spranger, Oxford Heartbeat - Ukraine/UK Katerina Spranger from Ukraine and the UK won the 1st Prize at the EIC Women Innovators, for exceptional women founders and co-founders from EU Member States and Associated Countries of Europe's multi-billion-euro programme Horizon Europe. Katerina Spranger from Ukraine and UK is the founder and CEO of Oxford Heartbeat, harnessing artificial intelligence to enhance the safety and precision of brain aneurysm treatments. 4 - Belgium Belgium ranks 4th at the European Prize for Women Innovators 2026 under the European Innovation Council with 1 award-winning woman innovator: 1 - Marta Oliveira, ATMOS Space Cargo - Belgium Marta Oliveira from Belgium won the 1st Prize at the EIC Rising Innovators award for promising young women innovators under 35. Marta Oliveira from Belgium is the co-founder and Chief Operating Officer of ATMOS Space Cargo, enabling reusable space capsules to safely return materials from orbit unlocking new research opportunities. 5 - Germany Germany ranks 5th at the European Prize for Women Innovators 2026 under the European Innovation Council with 1 award-winning woman innovator: 1 - Elena Heber, HelloBetter - Germany Elena Heber from Germany won the 2nd Prize at the EIC Women Innovators award for exceptional women founders and co-founders from EU Member States and Associated Countries of Europe's multi-billion-euro programme Horizon Europe. Elena Heber from Germany is the co-founder and Managing Director of HelloBetter, expanding access to mental health care through clinically validated digital therapies and AI-driven solutions. 6 - Italy Italy ranks 6th at the European Prize for Women Innovators 2026 under the European Innovation Council with 1 award-winning woman innovator: 1 - Stefania Raimondo, Navhetec - Italy Stefania Raimondo from Italy won the 2nd Prize at the EIT Women Leadership award for exceptional members of the European Institute of Innovation and Technology Stefania Raimondo from Italy is the co-founder of Navhetec, advancing plant-based nanomedicine by extracting bioactive particles from citrus juice to develop high-efficacy health products with novel functionalities. 7 - Switzerland Switzerland ranks 7th at the European Prize for Women Innovators 2026 under the European Innovation Council with 1 award-winning woman innovator: 1 - Carin Lightner, Enantios - Switzerland Carin Lightner from Switzerland won the 3rd Prize at the EIC Rising Innovators award for promising young women innovators under 35. Carin Lightner from Switzerland is the co-founder and CEO of Enantios, accelerating drug discovery through faster and more precise analysis of complex molecules, paving the way for next-generation medicines.
- The share of Gold in Foreign Reserves surpasses the USD
The share of Gold in Foreign Reserves surpasses the USD - Portugal Business News Financial News World - The share of Gold in Foreign Exchange Reserves globally surpasses the USD, according to data from the ECB and from the World Gold Council. Here is the share of gold in Foreign Exchange Reserves globally, the share of gold compared to the euro and US Treasuries as a Foreign Exchange Reserve globally, the Top 10 largest purchasers of Gold in the world in 2025 and the trend for the purchase of Gold in 2026: What is the share of gold in Foreign Reserves globally? The share of gold in total official foreign exchange reserves – comprising both foreign exchange and gold holdings – increased to reach 27% at the end of 2025 due to rising prices of gold that boost its share in global foreign reserves. The share of gold in Foreign Exchange Reserves globally now surpasses both that of the euro and US Treasuries, due to the surge in gold prices by around 60% in 2025. Moreover, gold purchases by central banks may also reflect efforts to strengthen their balance sheet resilience amid rising geopolitical risks. Survey data suggest that central banks hold gold not only for diversification but also as a hedge against geopolitical risk. What is the share of gold compared to the euro and US Treasuries as a Foreign Reserve globally? 1 - The Share of Gold as a Foreign Exchange Reserve globally is 27% at the end of 2025 2 - The Share of US Treasuries as a Foreign Exchange Reserve globally is 22% at the end of 2025 3 - The Share of other USD Reserves as a Foreign Exchange Reserve globally is 20% at the end of 2025 4 - The Share of the Euro as a Foreign Exchange Reserve globally is 15% at the end of 2025 Who were the largest purchasers of Gold in 2025? Here are the Top 10 largest purchasers of Gold in the world in 2025: 1 - Tether Tether was the No. 1 largest purchaser of Gold in the world in 2025 with gold purchases of over 100 tonnes. Tether is the world´s largest stablecoin issuer. 2 - Poland Poland was the 2nd largest purchaser of Gold in the world in 2025 with gold purchases of 101.98 tonnes. The National Bank of Poland was the largest buyer of Gold in the world, both in Q4 (35t) and in 2025. Over the year 2025, the bank of Poland added a further 102t, increasing its gold reserves to 550t. Gold now accounts for 28% of Poland´s total reserves, approaching its revised target allocation of 30%, which it increased from 20% in October. In January 2026, Poland´s central bank Governor Adam Glapiński indicated his intention to increase gold reserves even further, to 700t, for “national security reasons”. 3 - Kasakhstan Kasakhstan was the 3rd largest purchaser of Gold in the world in 2025 with gold purchases of 56.99 tonnes. The National Bank of Kazakhstan increased its gold holdings by 17t in Q4 and by 57t over the year 2025, its highest level of annual buying on record back to 1993, having been permitted to buy 67t in 2025 by the Industry Ministry. Although the central bank Kazakhstan had suspended sales of gold bought from domestic production in February, Governor Timur Suleimenov has indicated that the bank will continue to accumulate more gold. In June, the Governor of the central bank Kazakhstanalso stated that “We want to stay a net gold buyer” until global tensions ease. 4 - Brazil Brazil was the 4th largest purchaser of Gold in the world in 2025 with gold purchases of 42.79 tonnes. The Central Bank of Brazil re-entered the Gold market in 2025, having last bought gold in 2021. It added 43t between September and November, increasing its gold holdings to 172t. Despite this sizeable increase, gold still accounts for only 7% of Brazil´s total reserves. 5 - State Oil Fund of Azerbaijan (SOFAZ) Azerbaijan was the 5th largest purchaser of Gold in the world in 2025 with gold purchases of 38.20 tonnes. The State Oil Fund of Azerbaijan (SOFAZ), that is the only sovereign wealth fund to publicly disclose its gold holdings, acquired 38t between Q1-Q3, highlighting efforts to strengthen its reserves. 6 - China China was the 6th largest purchaser of Gold in the world in 2025 with gold purchases of over 26.75 tonnes. The People’s Bank of China added just 3t in Q4, the lowest quarterly reported increase in gold reserves since Q1’24 (2t). This increased its full year net purchases of gold to 27t in 2025. China´s reported gold reserves now stand at 2,306t, accounting for almost 9% of total reserves. 7 - Türkiye Türkiye was the 7th largest purchaser of Gold in the world in 2025 with gold purchases of 26.68 tonnes. The Central Bank of Turkey remained a steady buyer throughout 2025, despite market volatility. The bank purchased 27t in 2025 based on data to end-October, raising official central bank plus Treasury holdings to 644t of gold. Gold reserves data for Türkiye reflect changes in official sector gold holdings, excluding gold deposited by domestic commercial banks at the central bank as part of their reserve requirements, as reported by the World Gold Council. 8 - Czech Republic The Czech Republic was the 8th largest purchaser of Gold in the world in 2025 with gold purchases of 20.43 tonnes. The Czech National Bank bought 20t in 2025, a similar level to the preceding three years. The Czech Republic yotal gold reserves now stand at 72t against a stated target of 100t by 2028. 9 - Iraq Iraq was the 9th largest purchaser of Gold in the world in 2025 with gold purchases of 11.97 tonnes. 10 - Cambodia Cambodia was the 10th largest purchaser of Gold in the world in 2025 with gold purchases of 7.96 tonnes. What is the trend for the purchase of Gold in 2026? The trend for the purchase of Gold in 2026 is expect to continue as persistent economic and geopolitical uncertainty is likely to sustain demand for gold as a reserve asset, according to the World Gold Council.
- What are the European Commission´s measures for Europe's digital autonomy?
What are the European Commission´s measures for Europe's digital autonomy? - Portugal Business News Tech News Europe - Here are the European Commission´s main measures for Europe's digital autonomy under the new EU Tech Sovereignty plan, according to an announcement dated June 3, 2026: The European Commission announced a set of measures for Europe´s Tech Ecosystem with a new Tech Sovereignty plan, reducing reliance on critical technologies from outside the EU. Here are the main measures in the new EU Tech Sovereignty plan: ✅ Expanding European cloud and AI capacity to boost innovation: The Cloud and AI Development Act is a central part of the European Commission's AI Action Plan. It aims to triple data centre capacity in Europe over the next five to seven years and to strengthen the role of the Apply AI strategy to boost adoption. Europe´s Cloud and AI Development Act will support research and innovation in cutting-edge and sustainable technologies, while balancing AI ambitions with climate commitments. It will streamline conditions for deploying data centres across the EU, with a focus on highly sustainable and innovative facilities at the scale needed for the green and digital twin transition. It will also introduce a single EU-wide framework to assess cloud and AI sovereignty, while keeping most of the EU market open to like-minded partners. ☑️ Strengthening Europe’s semiconductor industry powering everyday devices: Semiconductors are essential for AI and for technologies Europeans use every day. The Chips Act 2.0 will build on Europe's strengths, including in mainstream chips, and will build capacity in cutting-edge semiconductor technologies that power AI applications. ☑️ Supporting open source solutions across the tech stack: Europe is home to over three million open-source contributors. They deliver digital solutions made in Europe, for Europe, based on European principles and values. The EU´s Open Source Strategy builds on this strength to develop and provide more sovereign solutions. It will scale up open source alternatives in priority areas such as cloud, AI, internet technologies, cybersecurity and semiconductors. It will also promote a stronger open source ecosystem by investing in skills, supporting open source start-ups, and improving the long-term maintenance and security of Europe's open-source digital infrastructure. ✅ Ensuring digital infrastructure, like data centres, grow sustainably: The EU´s Strategic Roadmap for Digitalisation and AI in the Energy Sector sets out how AI and other digital solutions can ensure the sustainable integration of digital infrastructure Europe´s energy system, while at the same time help make it more efficient. The EU Strategic Roadmap for Digitalisation and AI in the Energy Sector will ensure that data centres are integrated into Europe´s energy system in a sustainable and transparent manner. The European Commission will facilitate cooperation between the energy and digital sectors to ensure their efficient integration into the grid as well as the necessary clean energy supply, while safeguarding water and energy resources.
- What is the OECD Economic Outlook for Portugal?
OECD Economic Outlook for Portugal - Portugal Business News News Economy Portugal - Here is the OECD Economic Outlook for Portugal for 2026 and 2027, according to a publication dated June 2026: The OECD forecasts the GDP growth in the Eurozone to be 0.8% and in the world to be 2.8% in 2026. Here is the OECD Economic Outlook for Portugal in 2026: The OECD Economic Outlook for Portugal for 2026 is a GDP growth of 1.8% in 2026. The OECD also forecasts Portugal´s current account balance to be -0.1% of GDP in 2026. Portugal´s unemployment rate forecast for 2026 is 5.8% according to the OECD. Portugal´s inflation rate forecast for 2026 is 3.2% according to the OECD. Portugal´s budget balance forecast for 2026 is 0.0%. Here is the OECD Economic Outlook for Portugal in 2027: The OECD Economic Outlook for Portugal for 2027 is a GDP growth of 1.7% in 2027. The OECD also forecasts Portugal´s current account balance to be 0.4% of GDP in 2027. Portugal´s unemployment rate forecast for 2027 is 5.8% according to the OECD. Portugal´s inflation rate forecast for 2027 is 2.5% according to the OECD. Portugal´s budget balance forecast for 2027 is -0.1%.
- What countries won seats on the UN Security Council in 2026?
What countries won seats on the UN Security Council in 2026? - Portugal Business News Defence News World - Here are the countries that won seats on the UN Security Council in 2026 on June 3, 2026, as well as the countries that have non-permanent seats in 2026 and 2027: A dramatic moment at the UN Security Council saw multiple rounds of voting for the competitive seats, amid widening geopolitical divisions and repeated deadlock within the UN body dedicated to resolving conflicts and preventing wars from erupting in the first place. Five countries were elected by the UN General Assembly that counts 193 members to serve as non-permanent members of the Security Council for a two-year term beginning on 1 January 2027. Here are the countries that won seats on the UN Security Council in 2026: 1 - Austria Austria won a seat on the UN Security Council during the 2026 elections among seats that are allocated to the Western European and other States (WEOG) Group. Austria has previous UN Council experience having already served three times before. 2 - Kyrgyzstan Kyrgyzstan won a seat on the UN Security Council during the 2026 elections among seats that are allocated to the Asia-Pacific Group. The election marks a historic milestone for Kyrgyzstan, which will serve on the Security Council for the first time since joining the United Nations in 1992. 3 - Portugal Portugal won a seat on the UN Security Council during the 2026 elections among seats that are allocated to the Western European and other States (WEOG) Group. Portugal and Austria prevailed in the first round, receiving 134 and 131 votes respectively – comfortably above the required two-thirds majority. Portugal has previous UN Council experience having already served three times before. 4 - Trinidad and Tobago Trinidad and Tobago won a seat on the UN Security Council during the 2026 elections among seats that are allocated to the Latin American Group. Trinidad and Tobago has previous UN Council experience having already served once before. 5 - Zimbabwe Zimbabwe won a seat on the UN Security Council during the 2026 elections among seats that are allocated to the African Group. Zimbabwe has previous UN Council experience having already served twice before. How many members are there on the UN Security Council? The UN Security Council has 15 member states, with five permanent members and ten non-permanent members elected for staggered two-year terms with seats that are distributed among regional groups to ensure geographical representation. What countries are permanent members of the UN Security Council? The countries that are permanent members of the UN Security Council are: 1 - China 2- France 3 - Russia 4 - United Kingdom 5 - United States What countries are non-permanent members of the UN Security Council in 2026? 1 - Denmark - the country´s term ends on December 31st, 2026 2 - Greece - the country´s term ends on December 31st, 2026 3 - Pakistan - the country´s term ends on December 31st, 2026 4 - Panama - the country´s term ends on December 31st, 2026 5 - Somalia - the country´s term ends on December 31st, 2026 6 - Bahrain - the country´s term ends on December 31st, 2027 7 - Colombia - the country´s term ends on December 31st, 2027 8 - DRC - the country´s term ends on December 31st, 2027 9 - Latvia - the country´s term ends on December 31st, 2027 10 - Liberia - the country´s term ends on December 31st, 2027 What countries are non-permanent members of the UN Security Council in 2027? 1 - Austria - the country´s term ends on December 31st, 2028 2 - Kyrgyzstan - the country´s term ends on December 31st, 2028 3 - Portugal - the country´s term ends on December 31st, 2028 4 - Trinidad and Tobago - the country´s term ends on December 31st, 2028 5 - Zimbabwe - the country´s term ends on December 31st, 2028 6 - Bahrain - the country´s term ends on December 31st, 2027 7 - Colombia - the country´s term ends on December 31st, 2027 8 - DRC - the country´s term ends on December 31st, 2027 9 - Latvia - the country´s term ends on December 31st, 2027 10 - Liberia - the country´s term ends on December 31st, 2027
- The European Commission launches the single rail ticket to travel across Europe
The European Commission launches the single rail ticket to travel across Europe - Portugal Business News Travel and Tourism News Europe - The European Commission launches the single rail ticket to travel across Europe, according to an announcement made on May 13, 2026. Here is what is Europe´s new single rail ticket and what happens if a holder of Europe´s single rail ticket misses a connection: ¨One journey, one ticket¨ is the new way to travel by rail across Europe. Seamless travel across Europe will soon become a reality. Europe´s new single rail ticket simplifies planning and booking for regional, long-distance and cross-border travel, particularly for rail journeys involving multiple operators. What is Europe´s new single rail ticket? People who want to travel across Europe by rail will be able to find, compare and purchase services combined from different rail operators into one single ticket, which can be bought in one transaction on a ticketing platform of their choice. This can be an independent platform, or the rail operator's ticketing service. ¨Freedom of movement is one of Europe’s greatest achievements. Today, we are taking it a step further by making travel across all 27 Member States simpler, smarter and more passenger friendly. With digital tools and integrated mobility services, Europeans will be able at the click of one button to plan, compare and purchase multimodal journeys across borders, while benefiting from stronger rail passenger rights, greater transparency and better protection every step of the way,¨ stated Apostolos Tzitzikostas, EU Commissioner for Sustainable Transport and Tourism. What happens if a holder of Europe´s single rail ticket misses a connection? If a holder of Europe´s single rail ticket misses a connection during multi-operator rail journeys, passengers with a single ticket will benefit from new, full passenger rights protection, including assistance, rerouting, reimbursement and compensation.
- The European Commission launches € 5 billion Scaleup fund
The European Commission launches € 5 billion Scaleup fund - Portugal Business News Tech News Europe - The European Commission launches a 5 billion euros Scaleup fund, according to an announcement dated May 18, 2026. Here is the description and the potential beneficiaries of the EU Scaleup Europe Fund: What is the Scaleup Europe Fund? As a cornerstone of the EU Startup and Scaleup Strategy, the Scaleup Europe Fund is the largest fund of its kind ever mobilised in Europe. It will provide critical growth capital to high-potential companies in strategic deep-tech sectors, including artificial intelligence, quantum computing, dual use technologies, clean energy, space technology, biotech and medical innovation, ensuring Europe remains at the forefront of global technological leadership. The Fund is designed to bridge the late-stage financing gap and incentivise Europe's most promising scaleups to choose to stay in Europe. The European Innovation Council (EIC) Fund Board has chosen EQT, a leading global investment organisation, as the preferred investment adviser and fund manager for the Scaleup Europe Fund, following a rigorous and highly competitive selection process to lead the EU's €5 billion initiative designed to empower the continent's most innovative deep tech scaleups. The Scaleup Europe Fund was developed in collaboration with a coalition of founding investors, who alongside the European Commission were also involved in shaping its structure and investment framework, namely Novo Holdings, EIFO (Export and Investment Fund of Denmark), CriteriaCaixa, Santander/Mouro Capital, Fondazione Compagnia di San Paolo / Intesa Sanpaolo / Fondazione Cariplo, Dutch pension fund ABP (with APG as Asset Manager), and Allianz. Who are the potential beneficiaries of the Scaleup Europe Fund? The potential beneficiaries of the Scaleup Europe Fund are Europe´s most promising companies that need growth capital. It aims to close the late-stage financing gap that has too often pushed European scaleups to raise capital outside Europe, prompting them to stay in Europe instead.
- Top 10 European countries by AI adoption
Top 10 European countries by AI adoption - Portugal Business News Tech News Europe - Here are the Top 10 European countries by AI adoption in 2026, according to the report by Leadfeeder and data from Eurostat: This study on AI adoption in European countries in 2026 ranks 32 European countries across 13 metrics in four areas, namely AI & Data Adoption, Digital Infrastructure, Human Capital, and Growth. These metrics feed into two composite indexes: AI Adoption Index - measuring current capability, and AI Growth Index - measuring momentum. Top 10 European countries by AI adoption in 2026: 1 - Denmark Denmark ranks No. 1 in the ranking of the Top 10 European countries by AI adoption in 2026. Denmark is the best European country for companies looking for a market with deep AI adoption, a strong data analytics culture, and a highly connected enterprise ecosystem. 2 - Finland Finland ranks 2nd in the ranking of the Top 10 European countries by AI adoption in 2026. Finland is the best European country for companies that prioritise cloud-first infrastructure, high digital intensity, and a workforce with deep ICT skills. 3 - Lithuania Lithuania ranks 3rd in the ranking of the Top 10 European countries by AI adoption in 2026. Lithuania is the best European country for those tracking Europe’s fastest-accelerating digital markets. Lithuania leads the continent in growth momentum across cloud, AI, and digital intensity. 4 - Estonia Estonia ranks 4th in the ranking of the Top 10 European countries by AI adoption in 2026. Estonia is the best European country for understanding how a small, digitally-native economy can generate exceptional AI growth momentum even from a mid-tier adoption base. 5 - Netherlands Netherlands ranks 5th in the ranking of the Top 10 European countries by AI adoption in 2026. The Netherlands is the best European country for companies that want a highly skilled, digitally literate workforce and a cloud-connected, software-rich business environment. 6 - Czechia Czechia ranks 6th in the ranking of the Top 10 European countries by AI adoption in 2026. 7 - Belgium Belgium ranks 7th in the ranking of the Top 10 European countries by AI adoption in 2026. 8 - Sweden Sweden ranks 8th in the ranking of the Top 10 European countries by AI adoption in 2026. 9 - Italy Italy ranks 9th in the ranking of the Top 10 European countries by AI adoption in 2026. 10 - Luxembourg Luxembourg ranks 10th in the ranking of the Top 10 European countries by AI adoption in 2026.
- Bottega Veneta opens its flagship store in Lisbon
Bottega Veneta opens its flagship store in Lisbon - Portugal Business News Luxury Fashion Brands News Europe - Bottega Veneta opens its flagship store in Lisbon at No. 224, Avenida da Liberdade. Bottega Veneta Lisbon is located on Lisbon´s prestigious luxury street, Avenida da Liberdade that hosts other luxury brands stores such as Saint Laurent and Gucci and is the destination of choice for luxury brands in Lisbon. Bottega Veneta Lisbon is owned by Pontegadea Real Estate and the new store, that occupies a space of approximately 200 sqm, was mediated by global commercial real estate services firm Cushman and Wakefield. Who owns the Bottega Veneta brand? Italian luxury fashion brand Bottega Veneta is owned by luxury group Kering and is inspired by Italian culture with a global perspective. The brand is defined by distinctiveness and refinement, offering products that include ready-to-wear clothing, handbags, shoes, accessories, jewelry, and fragrances. The luxury fashion brands included in the Kering group portfolio include renowned names such as Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, Kering Eyewear, and Kering Beauté.
- LVMH will buy an iconic resort in Portugal
LVMH will buy iconic resort Penha Longa in Portugal - Portugal Business News Tourism investment News - LVMH will buy the iconic resort Penha Longa in Portugal where the European Central Bank (ECB) holds the annual ECB Forum, a meeting that brings together the leading central bank leaders from around the world. The new resort being bought by LVMH (Louis Vuitton Group) is through L Catterton investment vehicle in partnership with Cedar Capital Partners, according to Bloomberg report dated January 22nd, 2026. The luxury Portuguese resort is called Penha Longa Resort & Hotel, in Sintra, and is located in the Sintra-Cascais Natural Park, on land that once belonged to a 14th-century monastery. The future LVMH resort in Portugal has over 209 rooms, apartments, and suites, a spa, swimming pools, tennis courts, and a 27-hole golf course designed by Robert Trent Jones Jr. It also features several restaurants, including Michelin-starred options.











