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MEDIAWATCH

Protests, Putin & Prosecutions

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THE DEBATE

Do Russians care? Kremlin cracks down after anti-corruption (part 1)

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THE DEBATE

Do Russians care? Kremlin cracks down after anti-corruption (part 2)

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FOCUS

French presidential election: What attracts young voters to the far right?

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EUROPE NOW

Italy challenged by populism

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EUROPE NOW

60th anniversary of the Treaty of Rome: What's to celebrate?

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THE OBSERVERS

How traffickers lie to migrants wanting to go to Europe; and the gold rush polluting rivers in Ivory Coast

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BUSINESS DAILY

Startled startups flee UK ahead of Brexit

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BUSINESS DAILY

A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

Latest update : 2014-08-04

Portugal rescues biggest lender with €4.9bn bailout

Portugal is to rescue its biggest lender, Banco Espirito Santo, with a €4.9 billion bailout. Last week, the bank reported losses of €3.6 billion due to debts from its biggest shareholder, the Espirito Santo group. The rescue plan will see the lender split into "good" and "bad" banks. Also today: Panasonic adds radishes to its product line-up.

By Stephen CARROLL

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Archives

2017-03-27 Brexit

Startled startups flee UK ahead of Brexit

What's the next step for British startups looking to leave the UK due to Brexit? We take a closer look. Also today, Uber hits pause on its driverless car programme and New...

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2017-03-23 eurozone

US department store Sears faces possible closure

The future of US department store chain Sears is in doubt as it faces mounting losses and a shifting market. Meanwhile, the eurozone's chief is in hot water over some...

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2017-03-22 Uber

More countries suspend Brazilian meat imports amid scandal

The fallout from Brazil's meatpacking scandal keeps piling up as more countries suspend imports. Hong Kong, Canada, Mexico and Switzerland have joined the list of countries with...

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2017-03-21 agriculture

French candidates slug it out over economy

France's presidential hopefuls have put forth their visions for the country's economy during a historic debate. Meanwhile, a scandal over tainted Brazilian meat deepens, and...

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2017-03-20 Brazil

Over 30 Brazilian companies accused of selling tainted meat

In Brazil, authorities allege that major meat processing companies bribed officials in order to allow them to sell rotten beef and poultry. The government is now attempting to...

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