Eye-opening ranking of countries with the highest number of startup Unicorns per capita - Portugal Business News International business news – Here is the eye-opening new ranking of the Top countries with the highest number of startup Unicorns per capita globally, according to the latest report by Startup Genome:   Top countries with the highest number of startup Unicorns per capita globally: 1 – Israel Israel stands out as the No. 1 country with the highest number of startup Unicorns per capita globally with 5.6 unicorns per million population for the period H2 2021 – 2023.   Israel, known as the 'Startup Nation,' has fostered innovation through substantial R&D investments, strong ties between academia and industry, and programs like the Israel Innovation Authority that provide funding and resources to startups.   Israel has become a global leader in cybersecurity startups, leveraging its unique geopolitical situation and military expertise to create a niche in which it holds a significant competitive advantage.     2 – Estonia Estonia ranks 2nd country with the highest number of startup Unicorns per capita globally with 3 unicorns per million population for the period H2 2021 – 2023.   Estonia has positioned itself as a pioneer in digital government solutions, building on its early adoption of e-governance to create a fertile ground for Govtech startups.   Estonia's e-Residency program and digital-first approach have made it incredibly easy to start and run a business remotely, while its startup visa program attracts global talent.      3 – Singapore Singapore ranks 3rd country with the highest number of startup Unicorns per capita globally with 2.4 unicorns per million population for the period H2 2021 – 2023.   Singapore has focused on strategic government investments in key technologies like AI and 5G, coupled with generous grant schemes such as the Startup SG initiative, which provides funding and support for early-stage companies.     4 – United States The US ranks 4th country with the highest number of startup Unicorns per capita globally with 1.8 unicorns per million population for the period H2 2021 – 2023.   While the United States leads Unicorn production among G20 economies, this is not the case per capita globally, since several smaller, highly innovative economies outperform the U.S. in terms of Unicorns per million population.     5 – Luxembourg Luxembourg ranks 5th country with the highest number of startup Unicorns per capita globally with 1.6 unicorns per million population for the period H2 2021 – 2023.   The new report showing the ranking of countries with the highest number of startup Unicorns per capita globally reveals that the United States actually ranks fourth worldwide in Unicorn production per capita, despite its dominance within the G20. Notably, some G20 countries, including South Africa and Russia, have not produced any active Unicorns in the period from H2 2021 to 2023. This stark contrast in Unicorn production points to deeper systemic differences in how each nation supports and nurtures high-growth startups, according to Startup Genome.   The report on startup Unicorns globally highlights that countries like Israel, Estonia, and Singapore have demonstrated that size is not a determining factor in startup ecosystem success.  Estonia, Singapore, and Israel have implemented comprehensive policies that have significantly boosted their startup ecosystems.

AI tech startup Automaise raises €5 million Series A investment - Portugal Business News Tech startup news Europe – Portuguese AI tech startup Automaise just raised €5 million in a Series A investment round led by Oxy Capital.   The AI tech startup raised 5 million euros in a funding round led by Oxy Capital, with the participation of Bright Pixel, Armilar and HCapital, that were already part of the shareholder structure of Automaise and thus increased their respective investments.   This is a major milestone for Automaise as it enables the startup’s expansion across Europe and the U.S., while accelerating product development, and growing teams with top talent, to make AI-driven automation more accessible to businesses everywhere.   The investment round was advised by the SRS Legal team led by Gustavo Ordonhas Oliveira (Private Equity & Venture Capital partner at SRS Legal), with the participation of Solange Fernandes (Associate).   AI tech startup Automaise was founded in 2017 by Ernesto Pedrosa and Carlos Oliveira, and has gained clients in the retail, banking, insurance and telecommunications sectors such as  MC, NOVO BANCO, and Via Verde, since the company's solutions have allowed customers' productivity to increase by up to 60% without increasing headcount.

Portugal Defence projects to increase it annual investment to 1 billion by 2029 - Portugal Business News EU Defence news - Portugal Defence projects to increase its annual investment to 1 billion euros by 2029 “without jeopardizing public accounts”. The chart below shows the difference between Portugal’s actual expenditure in Defence and what was planned in the State Budget between 2014 and 2024.   While Portugal’s current Defence budget is an annual investment of 300 million euros, the president of public holding company, IdD Portugal Defence, is optimistic that Portugal will not have to resort to EU loans for Defence since there is no significant advantage for Portugal to resort to SAFE loans.   The EU SAFE programme (Security Action for Europe) is a credit line that can reach up to 150 billion euros with long maturities of 45 years, however the difference in interest rates is currently very small and the beneficiary country even loses flexibility in managing its public debt, according João Moreira Rato, former president of Portugal’s Treasury and Public Debt Management Agency – IGCP.   Portugal’s defense industry has a diversified economic activity that encompasses 40 sectors, with 380 companies that employ around 40,000 employees.   According to the most recent data from Portugal Defence, the industry accumulated sales of 4.75 billion euros in 2019. Asked about the possible outcome of the NATO Summit in June, in which Defence investment in the EU could rise to 3.5% of GDP, the president of IdD Portugal stated that “spending on weapons is necessary”, because “when we are investing in Defence, there is a triple return”.   According to Ricardo Pinheiro Alves, from Portugal’s Ministry of Defence, 2024 was the year when Portugal started investing in Defence, as per the chart below showing the difference between Portugal’s actual expenditure in Defence and what was planned in the State Budget: Chart showing the difference between Portugal’s actual expenditure in Defence and what was planned in the State Budget - Portugal Business News

What European countries have Tap to Pay for iPhone & what are the service providers per country? - Portugal Business News Tech News Europe - What European countries have Tap to Pay for iPhone & what is the list of payment service providers offering Tap to Pay per country?   Tap to Pay on iPhone is currently available in 20 countries in Europe and each country has a list of Payment Service Providers (PSP) who process the payments.   Tap to Pay, which allows retailers to receive payments directly with their iPhone, has been available in France since 2023 (via Revolut, BNP, Square, etc.). Tap to Pay has guaranteed security since it uses Apple Pay encryption and is contactless - simply tap your card or device against your iPhone (Only iPhones with an NFC chip are compatible.)      Here is the list of 20 European countries that have Tap to Pay for iPhone & the list of Payment Service Providers (PSP) per country: 1 – Germany Germany is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Commerz Globalpay Mollie myPOS Nexi PAYONE Revolut Sparkassen-Finanzgruppe Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Hobex (Coming soon)     2 – Portugal Portugal is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen Mollie myPos Stripe SumUp  ( SDK ) Viva.com  ( SDK ) Revolut     3 - Austria Austria is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Global Payments Mollie MyPos Nexi Revolut Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline/Payone Hobex (Coming soon)     4 - Hungary Hungary is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Global Payments myPos SumUp  ( SDK ) Viva.com  ( SDK ) Worldline Revolut     5 - Romania   Romania is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Global Payments Revolut SumUP  ( SDK ) Viva.com  ( SDK )     6 - Slovakia   Slovakia is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: ·        Adyen  ( SDK ) Global Payments Wordline Revolut SumUp (coming soon)     7 – Slovenia Slovenia is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Worldline Revolut SumUp - coming soon hobex     8 – Ireland   Ireland is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Revolut Square Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK )     9 – Sweden   Sweden is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Nexi Revolut Stripe  ( SDK ) Sumup  ( SDK ) Surfboard Payments Viva.com  ( SDK ) Zettle     10 – Italy   Italy is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Fabrick Mollie myPOS Nexi Revolut Sella Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline Hobex (Coming soon) Numia (Coming Soon)     11 – Bulgaria   Bulgaria is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) MyPos Viva.com  ( SDK ) Revolut SumUp (soon)     12 – Switzerland   Switzerland is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Mollie myPos Nexi Stripe  ( SDK ) SumUp  ( SDK ) Worldline hobex (coming soon)     13 – Liechtenstein   Liechtenstein is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK )     14 – Czech Republic Czech Republic is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Global Payments Revolut Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline     15 – Netherlands Netherlands is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Klearly Mollie myPOS Pay.nl Rabobank Revolut Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline Zettle (Coming soon)     16 – Finland Finland is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Mollie Nets Stripe  ( SDK ) Surfboard Payments SumUp  ( SDK ) Viva.com  ( SDK ) Revolut Viva Surfboard Payments (coming soon)     17 – Ukraine Ukraine is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: ·      PrivatBank   18 – United Kingdom   United Kingdom is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Dojo Mollie myPOS Revolut Square Stripe  ( SDK ) SumUp  ( SDK ) Tapeeno Tyl by NatWest Viva.com  ( SDK ) Zettle by PayPal Worldline (Coming soon)     19 – France   France is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Banque Populaire BNP Paribas Caisse d'Épargne Crédit Coopératif Market Pay Mollie myPOS Payplug Revolut Smile and Pay Stancer Square Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline     20 – Poland   Poland is one of the countries in Europe that already have Tap to Pay on iPhone and this is the list of payment service providers: Adyen  ( SDK ) Global Payments/eService Mollie Stripe  ( SDK ) SumUp  ( SDK ) Viva.com  ( SDK ) Worldline eService PKO Bank Polski Planet Pay (coming soon) Revolut PeP

Top 10 EU countries with highest Gold Reserves by Value in 2025 in Euros - Portugal Business News News EU Economy – The above chart shows the Ranking of the Top 10 EU countries with the highest Gold Reserves by Value in 2025 in Euros and the value of gold reserves by EU country in euros.   While the No 1 country globally with the highest gold reserves is the United States of America with 8,133.46 tonnes of gold, the EU holds the No 2 country globally with the highest gold reserves as Germany holds 3,351.53 tonnes of gold reserves as at Q4 2024.      What is the price of Gold per ounce & per tonne in Euros in 2025?   Gold prices have been on an upward trend and have reached new highs with a record price of 2,851.71 euros per ounce on March 30th, 2025, driven by trade tensions between China and the United States.   The price of Gold per tonne (mt) has reached $ 98,000,000.72, that equals EUR   90,483,400.66 on March 28, 2025.     Will the price of Gold continue rising - the case of Portugal    The price of gold is on a rising trend, increasing the market value of gold reserves by over 7% since the start of 2025.   The example of Portugal shows the significant rise in gold prices, since between 2020 and 2023, the value of Portugal’s gold reserves fluctuated around 20 billion euros, however, from 2024 onwards gold prices began to soar. In March 2023, the value of Portugal’s gold reserves jumped to 25 billion and in October it rose to over 31 billion euros. In January 2025, the value of Portugal’s gold reserves shot up to reach 33,201.6 million euros, increasing by 7% compared to December 2024 and since then gold prices are still rising significantly.

Top 10 Billionaires in the EU in 2025 - Portugal Business News EU Business News – The chart above shows the list of the Top 10 Billionaires in the EU in 2025 according to Forbes. Out of the Top 10 Billionaires in the EU in 2025, there are only 2 women, namely Francoise Bettencourt Meyers from France who ranks 3rd with a net worth of 81.6 billion USD, and Susanne Klatten from Germany who ranks 8th with a net worth $ 25.2 billion.        The No. 1 Billionaire in the EU in 2025 is from France, namely Bernard Arnault & family of the LVMH Group, with a net worth of 178 billion USD.     1 - Three of the Top 10 Billionaires in the EU in 2025 are from France, namely: 1 - Bernard Arnault & family ranks 1st in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 178 billion USD. His source of wealth is the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora.   2 - Francoise Bettencourt Meyers & family ranks 3rd in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 81.6 billion USD.  Francoise Bettencourt Meyers is the richest woman in France and her source of wealth is due to the fact that she is the granddaughter of the founder of L'Oreal.   3 - Emmanuel Besnier ranks 9th in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 24.5 billion USD.  His source of wealth due to the fact that he is the controlling shareholder of family-held Lactalis, the world's largest dairy conglomerate, with more than $30 billion in annual revenues.                                                                                                                        2 - Four of the Top 10 Billionaires in the EU in 2025 are from Germany, namely: 1 - Dieter Schwarz's Schwarz Group that ranks 4th in the ranking of the Top 10 Billionaires in the EU in 2025 with a net worth of 41 billion USD.  His source of wealth is comprised of the Kaufland and Lidl discount supermarkets with revenues of over $160 billion.   2 – Reinhold Wuerth ranks 7th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 35.1 billion.  Reinhold Wuerth entered his father's wholesale screw business in 1949, at age 14, as the company's second employee and first apprentice.   3 - Susanne Klatten is the richest woman in Germany and ranks 8th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 25.2 billion.  Susanne Klatten owns about 19% of automaker BMW; her brother, Stefan Quandt, owns nearly 24%. Klatten is also the sole owner and deputy chair of Altana, which has more than $2.5 billion in annual sales.   4 - Stefan Quandt ranks 10th in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 23.8 billion.  Stefan Quandt owns 23.6% of automaker BMW.     3 - These are the EU countries that each have one billionaire   in the ranking of the Top 10 Billionaires in the EU in 2025:       1 – Spain -   Amancio Ortega ranks 2nd in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 124 billion.  Amancio Ortega of Spain owns Zara and is one of the wealthiest clothing retailers in the world.   2 – Austria - Mark Mateschitz ranks 5th   in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 40.6 billion. Mark Mateschitz is the only child of the late Austrian billionaire Dietrich Mateschitz, who cofounded energy drink firm Red Bull in 1987.   3 – Belgium - Giovanni Ferrero ranks 6th   in the ranking of the Top 10 Billionaires in the EU in 2025, with a net worth $ 38.2 billion. Giovanni Ferrero is executive chairman of his family's namesake confections business, which posted $18 billion sales in 2023.     4 - How many billionaires are there in Portugal in 2025? There is only one billionaire in Portugal in 2025, namely Maria Fernanda Amorim & family, whose net worth is 5.9 billion USD.  The source of wealth of Maria Fernanda Amorim & family is in the energy sector and in numerous investments. Maria Fernanda Amorim is the widow of Americo Amorim, who died in July 2017, and she and her three daughters inherited his fortune.

Portugal invests 220 million euros to develop LUS-222 - its first military aircraft - Portugal Business News Defence news EU - Portugal invests 220 million euros to develop its   first military aircraft, the LUS-222.   Portugal is investing in the development of its first military aircraft, the LUS-222, a twin-engine designed by the Center for Engineering and Product Development (CEiiA), the Portuguese Air Force and Geosat.   Portugal’s LUS-222 project will be developed in partnership with Brazil since Portugal already has a cooperation agreement with Brazil in the field of aeronautics, namely the Portuguese Air Force collaborated in the development of some capabilities of the Embraer Super Tucano . The LUS-222 project will also include the involvement of Akaer, a Brazilian company that will design the aircraft structures, the wings, and the fuselage.   The LUS-222 project is financed by national and European public funds and an investment of 220 million euros is expected to produce 12 aircraft per year in one shift and 20 aircraft per year in two shifts, as well as the construction of a factory in Ponte de Sor. The Portuguese Air Force will also be involved in the development of Portugal’s new LUS-222 aircraft since it will be able to perform aeromedical evacuations, search and rescue, transport and cargo, dropping cargo to places where it is impossible to land, according to João Cartaxo Alves, Chief of Staff of the Portuguese Air Force. When will the LUS-222 aircraft make its first flight?   The LUS-222 is the first aircraft designed and manufactured in Portugal and is expected to make its first flight in 2028.  It will have a range of up to 2,100 kilometers and will be capable of reaching speeds of up to 370 kilometers per hour. The LUS-222 aircraft will be able to carry 19 passengers or up to two tons of cargo, and will be capable of performing military missions, search and rescue missions, and regional commercial aviation.

What is Cristiano Ronaldo's investment portfolio in 2025? - Portugal Business News EU billionaire news - What is Cristiano Ronaldo's investment portfolio in 2025?   Cristiano Ronaldo’s fortune amounts to more than one billion euros, according to the Hurun Global Rich List published in the beginning of 2024.   Cristiano Ronaldo is not only the captain of the Portuguese national team, but he is one of the world’s highest-paid athletes with a contract worth more than 200 million euros per year until 2025  at Saudi football club Al Nassr.   Moreover, Cristiano Ronaldo owns a business empire with a diversified investment portfolio, covering hotels, real estate, media, beauty, luxury porcelain, fashion, water and the financial sector just to name a few, since he turned 40 in February 2025.     Here is Cristiano Ronaldo's investment portfolio in 2025: 1 – Investment in Independent film studio UR•MARV Cristiano Ronaldo created a movie studio named UR.MARV with British film producer Matthew Vaughn in a 50-50 joint venture , according to an announcement made on April 10th, 2025.   Ronaldo and Vaughn have already financed and produced two action films together and are about to start a third in the same series for which he will adopt innovative technologies.   The investment comes as a streaming platform such as Netflix and Disney+ with the aim to boost independent film producers by offering to distribute their films to a global audience.     2 – Investment in Vista Alegre group Cristiano Ronaldo invested 17.3 million euros to buy 10% of Portuguese group Vista Alegre Atlantis SGPS . This operation, which was carried out through the company CR7 SA, also provides for the acquisition of 30% of the capital of Vista Alegre Spain . The investment agreement includes creating a new company in the Middle East and Asia with the aim of expanding the Vista Alegre and Bordallo Pinheiro brands with an equal shareholding.   The iconic Portuguese porcelain is a luxury lifestyle brand, and the Vista Alegre group profits amounted to 6.8 million euros in 2023 . In May 2024, Vista Alegre, known worldwide for its production of high-quality porcelain and crystal, successfully completed a Public Subscription Offering (OPS) of bonds maturing on May 20, 2029. This operation allowed the company to raise 60 million euros from 2,320 small investors , which will be used to finance its current activity and investment projects.      3 – Investment in media brand Medialivre Cristiano invested in media brand Cofina Média that was re-branded Medialivre . The sale of Cofina Media was completed on November 8th 2023,  for 56.8 million euros , with the sale to Cristiano Ronaldo, Luís Santana, Ana Dias, Octávio Ribeiro, Isabel Rodrigues, Carlos Rodrigues, Luís Ferreira, Carlos Cruz, Domingos Vieira de Matos, Paulo Fernandes and João Borges de Oliveira, through vehicle company Expressão Livre. The sale resulted in a capital gain of around eight million euros .   The media company owns titles such as Correio da Manhã, Record, Jornal de Negócios, Sábado, TV Guia, Flash and Máxima.     4 - Investment in Whoop Crisitiano Ronaldo invested in Whoop in May 2024, an American sports performance company that has raised over $400 million in venture capital since 2012 .   Ronaldo’s partnership with Whoop coincides with Whoop’s expansion into new markets, including the Gulf region and countries such as Hong Kong, Israel, Korea and Taiwan. In addition, the company will begin selling its products in India, Mexico and Brazil, to expand its global reach.     5 – Investment in Insparya   Crisitiano Ronaldo invested in Insparya in 2021, a hair transplant company with international operations.     6 – Investment in hotel chain Pestana group    Crisitiano Ronaldo invested in hotel chain Pestana group in 2016, with a  75-million-euro joint venture  for the construction of four new hotels in Madeira island, Lisbon, Madrid and New York, as well as for the creation of the Pestana CR7  Lifestyle Hotels brand dedicated to millennials.     9 – Investment in advertising contracts & social media presence Crisitiano Ronaldo earns around 90 million euros in advertising contracts every year , according to Forbes estimates, and has more than 850 million followers on social media. Ronaldo also launched his YouTube channel UR Cristiano in August 2024.      10 – Sole proprietorship of CR7 Lifestyle Crisitiano Ronaldo has the sole ownership of CR7 Lifestyle that is an investment vehicle with more than 20 million in equity capital , which is managed by three of his right-hand men, namely his brother Hugo Aveiro, his long-time friend Miguel Paixão dos Santos, and Miguel Marques who has managed Ronaldo’s fortune for many years.   CR7 Lifestyle holds a 100% stake in CR7 Lifestyle Lisboa, the company that owns the Pestana CR7 Lisboa Hotel in Lisbon, and also a 50% stake in Pestana CR7 Madeira Hotel Investimentos Turísticos, in Funchal.     11 – Investment in CR7 SA Cristiano Ronaldo invested in CR7 SA, a public limited company whose chairman of the board of directors is Miguel Marques, a partner in investment company LMCapital.   Under CR7 SA, Cristiano Ronaldo has a controlling position over three active Portuguese companies, namely Domum Septem, CR7 Footwear, 7Egend and minority or equal positions in five Portuguese companies and as many foreign companies.   The most notable investment of CR7 SA is the  50% stake in CR7 Marrakesh, the company that owns the Pestana group hotel in Marrakesh, and 50% of the capital in Maravilha Décimal , the company that sells Ursu9, the alkaline water that CR7 launched in partnership with Francisco Ferreira, a businessman from Vizela who owns the Outeirinho group.     12 – Investment in watch brand Jacob & Co   Cristiano Ronaldo has his own luxury watch brand, a business venture with his friend who is the owner of the Jacob & Co brand . This has led to a new line of luxury watches branded Cristiano Ronaldo, including the Flight of CR7 and the Heart of CR7 models that are co-branded by Jacob & Co.     13 – Investment in Portugal’s new Padel City Cristiano Ronaldo has invested in Portugal’s new Padel City  in September 2023 and it will be built with an investment of over 5 million euros  by Ronaldo’s company CR7 and by Lusofinança that belongs to Portuguese businessman Filipe de Botton.     14 – Investment in Real Estate   Cristiano Ronaldo is building a luxury mansion   of 899 square meters in Cascais in Lisbon’s metropolitan area. The house that was to cost over EUR 20 million is now expected to be twice the initial amount budgeted  since construction costs soared by 70% due to the increase in the price of construction materials. Cristiano Ronaldo’s mansion is considered to be the most expensive house in Portugal.   In addition to his new luxury mansion Cascais, Cristiano Ronaldo also owns an apartment on Lisbon’s main avenue where all the luxury boutiques are located, Avenida da Liberdade, as well as the most expensive penthouse ever sold in Portugal that is located on Rua Castilho in Lisbon. Portugal’s football star also owns a building in Funchal on the island of Madeira, where his mother and older brother live.

EU exports of spacecraft products reach €1.217 billion - Portugal Business News EU Space News - EU exports of spacecraft products reached 1.217 billion euros in 2024, that is significantly higher that EU imports of spacecraft products that reached only 166 million euros in 2024, according to Eurostat. Here are the main export countries of EU spacecraft products in 2024 and the main partners of The EU Space Program:   April 12th commemorates the International Day of Human Space Flight to celebrate each year at the international level the beginning of the space era for mankind.  April 12th, 1961, was the date of the first human space flight, carried out by Yuri Gagarin, a Soviet citizen. This historic event opened the way for space exploration for the benefit of all humanity.     1 - What are the main export countries of EU spacecraft products in 2024? 1 – United States The US is the No 1 market for EU exports of spacecraft products with a share of 77.3%  of total exports.     2 – Indonesia Indonesia is the second largest market for EU exports of spacecraft products with a share of 9.7%  of total exports.     3 – South Korea South Korea is the third largest market for EU exports of spacecraft products with a share of 8.6%  of total exports.     4 – India India is the fourth largest market for EU exports of spacecraft products with a share of 3.7%  of total exports.     2 - Who are the main partners of The EU Space Program? The EU Space Program supports the European space industry and research by bringing together existing stakeholders and contributing to the emergence of a European ‘New Space’ eco-system together with the following main partners:   1 - COPERNICUS  that is the European Earth Observation (EO) system, 2 – GALILEO  that is a global satellite navigation and positioning system (GNSS) on which numerous EU economic sectors rely, 3 – EGNOS  that is the European Geostationary Navigation Overlay Service, 4 - GOVSATCOM  that provides robust satellite communications for governmental users, 5 - IRIS²  that provides Infrastructure for Resilience, Interconnectivity and Security by Satellite, 6 - SSA (Space Situational Awareness)  that are Europe's eyes on space.​

French cybersecurity tech startup Sekoia.io raises €26M - Portugal Business News EU tech startup news - French cybersecurity tech startup Sekoia.io just raised €26M in Series B funding.   The funding round by Sekoia.io was led by Revaia, with the participation from UNEXO and the support of existing investors Bright Pixel Capital, Omnes, and Bpifrance, that brings the total amount raised by Sekoia.io to 60 million euros since the tech startup was founded in 2022.   Sekoia.io is a European expert in cybersecurity technologies and the developer of the Sekoia AI-SOC platform that aims to protect organizations against future cyber threats by bringing high-performance detection technology and automated responses at the core of security operations. By equipping this MSSP (Managed Security Service Providers) ecosystem with a flexible platform deployable in record time, Sekoia.io allows them to be part of the rapidly growing market of outsourced cybersecurity.   The MSSP market is experiencing significant growth and is expected to reach $52.9 billion by 2028. By specifically targeting this segment, Sekoia.io is adopting a differentiating approach that allows it to scale quickly through an indirect distribution model. The French tech startup aims to become the leader in the emerging market of AI-Native Security Platform for managed SOCs (Security Operations Centers).   Based in four European countries, Sekoia.io has over a hundred employees and around fifty MSSP partners. Among its clients are major groups such as EDF, Vinci, SNCF, Mirakl, Marlink, and the French Ministry of Armed Forces.

Top 25 companies in Europe that support startups - Portugal Business News Europe Startups News – Here is the list of the Top 25 companies in Europe that support and invest in startups, according to the StartupBlink Corporate Startup Activity Index 2025.   While the Top 10 companies that support and invest in startups globally include 9 companies that are based in the US - namely Salesforce, Intel, Google, Qualcomm, Comcast, Microsoft, IBM, Ansys and Cisco – and 1 company based in South Korea – namely Samsung Electronics, these are the main European companies that support and invest in startups in 2025.     Top 25 companies in Europe that support and invest in startups in 2025: 1 – Telefonica – Spain Spanish company Telefonica ranks 1st company in Europe and 11th company globally to support startups in 2025. Telefonica operates in the hardware and IoT industry.     2 – Airbus – France French company Airbus ranks 2nd company in Europe and 13th company globally to support startups in 2025. Airbus operates in the transportation industry.     3 – SAP – Germany German company SAP ranks 3rd company in Europe and 18th company globally to support startups in 2025. SAP operates in the software and data industry.     4 – BMW - Germany German company BMW ranks 4th company in Europe to support startups in 2025 and has a global ranking of 29,727. BMW operates in the transportation industry.   5 - Bertelsmann - Germany German company Bertelsmann ranks 5th company in Europe to support startups in 2025 and has a global ranking of 29,724. Bertelsmann operates in the Social & leisure industry. 6 - EXOR N.V. Conglomerate - The Netherlands Dutch company EXOR N.V. ranks 6th company in Europe to support startups in 2025 and has a global ranking of 27,349. EXOR N.V. operates in the Financial Services industry. 7 - Siemens - Germany German company Siemens ranks 7th company in Europe to support startups in 2025 and has a global ranking of 26,384. Siemens operates in the Hardware & IoT industry. 8 - Orange - France French company Orange ranks 8th company in Europe to support startups in 2025 and has a global ranking of 23,570. Orange operates in the Hardware & IoT industry. 9 - LVMH - France French company LVMH ranks 9th company in Europe to support startups in 2025 and has a global ranking of 21,319. LVMH operates in the Ecommerce & retail industry. 10 - Bosch - Germany Germany company Bosch ranks 10th company in Europe to support startups in 2025 and has a global ranking of 20,658. Bosch operates in the Hardware & IoT industry. 11 - Bayer - Germany Germany company Bayer ranks 11th company in Europe to support startups in 2025 and has a global ranking of 19,308. Bayer operates in the Healthtech industry. 12 - Jaguar Land Rover - United Kingdom British company Jaguar Land Rover ranks 12th company in Europe to support startups in 2025 and has a global ranking of 18,192. Bayer operates in the transportation industry. 13 - Mercadona - Spain Spanish company Mercadona ranks 13th company in Europe to support startups in 2025 and has a global ranking of 16,379. Mercadona operates in the Ecommerce & retail industry. 14 - HSBC - UK British company HSBC ranks 14th company in Europe to support startups in 2025 and has a global ranking of 15,907. HSBC operates in the Fintech industry. 15 - Accenture - Ireland Irish company Accenture ranks 15th company in Europe to support startups in 2025 and has a global ranking of 15,184. Accenture Ireland operates in the software & data industry. 16 - Equinor - Norway Norvegian company Equinor ranks 16th company in Europe to support startups in 2025 and has a global ranking of 15,106. Equinor operates in the Energy & Environment industry. 17 - Roche - Switzerland Swiss company Roche ranks 17th company in Europe to support startups in 2025 and has a global ranking of 14,357. Roche operates in the Healthtech industry. 18 - Sanofi - France French company Sanofi ranks 18th company in Europe to support startups in 2025 and has a global ranking of 13,961. Sanofi operates in the Healthtech industry. 19 - BP - United Kingdom British company BP ranks 19th company in Europe to support startups in 2025 and has a global ranking of 13,547. BP operates in the Energy & Environment industry. 20 - Maersk - Denmark Danish company Maersk ranks 20th company in Europe to support startups in 2025 and has a global ranking of 12,270. Maersk operates in the Transportation industry. 21 - National Grid - United Kingdom British company National Grid ranks 21st company in Europe to support startups in 2025 and has a global ranking of 12,245. National Grid UK operates in the Energy & Environment industry. 22 - Novo Nordisk Foundation - Denmark Danish company Novo Nordisk Foundation ranks 22nd company in Europe to support startups in 2025 and has a global ranking of 11,548. Novo Nordisk Foundation operates in the Healthtech industry. 23 - RELX - United Kingdom British company RELX ranks 23rd company in Europe to support startups in 2025 and has a global ranking of 11,448. RELX operates in the software & data industry. 24 - ABN AMRO Bank - The Netherlands Dutch company ABN AMRO Bank ranks 24th company in Europe to support startups in 2025 and has a global ranking of 10,887. ABN AMRO Bank operates in the Fintech industry. 25 - SONAE - Portugal Portuguese Group SONAE ranks 25th company in Europe to support startups in 2025 and has a global ranking of 10,392. SONAE operates in the Financial Services industry.

How to become a billionaire today and how to become a billionaire in the future? - Portugal Business News Billionaire news – This is how to become a billionaire today and how to become a billionaire in the future, according to the Knight Frank Wealth Report 2025:   The amount of wealth held by billionaires in the US reaches US$5.7 trillion, and a detailed analysis of the 2,700+ billionaires in the Forbes’ list provides a checklist of what it takes to surpass the nine-figure wealth mark and become part of the billionaire club.   Here are the two checklists of how to become a billionaire today in 2025 and how to become a billionaire in the future:     1 - How to become a billionaire in 2025? A)  These are the industries that produce billionaires in 2025: 1)  The Tech industry:   The billionaires of today made their fortune predominantly in the Tech industry. Tech dominates in terms of total wealth, with US$2.6 trillion spread across 342 billionaires. Nine tech billionaires surpass US$50 billion each – more than any other industry.   2)  The Financial sector:   Finance and Investment account for 427 billionaires on Forbes’ list, including Warren Buffett and Michael Bloomberg.   3)  The Fashion & Retail industry:   The Fashion and Retail sectors follow, with six billionaires in the US$50 billion-plus range.     B)    These are the characteristics that produce billionaires in 2025: 1)  Mostly males in their mid-60s Men represent 87% of billionaires in 2025, holding around US$12.4 trillion.   Women account for just 13% of the list and hold US$1.78 trillion. The richest woman, L’Oréal heiress Françoise Bettencourt Meyers, is worth US$99.5 billion, ranking 15th globally. The richest self-made woman, Rafaela Aponte-Diamant, is 48th with US$33.1 billion. Female billionaires have grown from 10% to 13% over a decade, yet the gender wealth gap persists.   Wealth accumulation is a long-term pursuit, no matter what the sector. The average billionaire age in 2024 was 65.7, up from 63.3 in 2014 and higher than the 10-year average of 64. Tech billionaires, the youngest of the bunch, average 57.2 years. Only four industries have an average age under 65.     C)   These are the geographical locations that produce the most billionaires in 2025: Billionaires in 2025 are primarily based in the United States. The US dominates, with 30% of billionaires and 40% of total billionaire wealth, reaching a 10-year high. The US has extended its lead over runner-up China, whose 406 billionaires have seen their share of billionaire wealth fall below 10%.     2   - How to become a billionaire in the future? A)   These are the industries that will produce billionaires in the future: 1)  The Manufacturing industry:   The Manufacturing industry is outpacing the Tech industry in the creation of new billionaires. The manufacturing industry has produced more new billionaires than the Tech sector over the past 10 years, and half of them are located in China, reflecting the nation’s industrial strength.   Despite recent challenges, China also leads in the creation of new tech billionaires over the same period.   2)  The Fashion industry     B)   These are the characteristics that will produce billionaires in the future:   Future billionaires are increasingly likely to be female, especially among younger billionaires. Future billionaires are also going to be young, as older generations pass on their wealth.   The new generation of billionaires is more gender-balanced than before. In 2024, over 82% of new billionaires were male, down from 90% four years ago. Of the billionaires under 30, nearly 47% were female last year, potentially pointing the way to a more balanced future.     C)   These are the geographical locations that will produce the most billionaires in the future:   Future billionaires will not be concentrated in a geographical region as they will be more global, reflecting a connected economy.   The billionaire landscape is now more global, with new hubs emerging outside the traditional powerhouses. Geopolitical shifts will always influence wealth creation. India, where the billionaire population grew 12% from 2023 to 2024, now hosts 191 billionaires, 26 of them created within the past year – up from just seven in 2019. France, Brazil, and Russia are also seeing a significant increase in the number of billionaires.