Jerónimo Martins director detained in Colombia on corruption charges
The director of operations of ARA, a supermarket company belonging to Pingo Doce owner Jerónimo Martins (Est. 1792), has been arrested and detained by the Colombian police on corruption charges. The case was reported by the company itself which stated that “Jerónimo Martins Colombia had denounced to the Colombian authorities the existence of a potential private corruption case, to their benefit and the detriment of Company, that was detected by internal systems."
Spain's government prepares to suppress Catalonian referendum with up to 16,000 police
The Catalan president said today that the vote for indepence from Spain would take place. “The aggressive tactics of Mariano Rajoy’s government have caused this crisis. All Catalan citizens want is to peacefully exercise our democratic right,” said president Carles Puigdemont. In an opinion piece, ‘Spain’s attempt to block Catalonia’s referendum is a violation of our basic rights,’ written by Puigdemont and published in today’s Guardian, the president of Catlonia stated that:
Portugal's 'Jumbo' supermarket brand to go in Auchan shake-up
Groupe Auchan SA, is based in Croix, France, owns the Jumbo supermarket chain in Portugal but has decided to change the name of the stores in a move to standardise the various retail brands it operates across 17 countries. "In Portugal, we are assessing the impact of a change," said Wilhelm Hubner, chief executive of the Auchan group.
Left Bloc continues to harry government over Via do Infante tolls
Refusing to give, keenly aware of his responsibilities to those who elected him as Left Bloc MP and keenly aware of what a disaster the Algarve’s motorway tolls have been for the region, João Vasconcelos is back with a new resolution to eliminate the tolls and correct the seemingly endless single white lines that have ensured the western Algarve’s traffic progresses as slowly as possible.
Portugal's Navy to receive Black Shark torpedoes in €7 million order
Portugal’s Navy is to take delivery of new torpedoes as part of a deal with Leonardo Defence Systems. In an order dated August 10, 2017, just published in Diário da República, Defence Minister José Azeredo Lopes authorised spending a maximum of €7.07 million for "the acquisition of the Black Shark-type combat torpedoes for the Trident-class submarines, in order to allow the continuation and increase of the operability and use of submarine defences."
'The problems of Portugal are not over' advises Commerzbank
"The problems of Portugal are not over - they are worse," warns Commerzbank in a note to investors. The German company writes that the Portuguese government is making its economy less competitive and is driving the country back "to unhealthy pre-crisis trends."
Bikes are Back - FIM World Superbike Championships Round 10
Following a one year absence the Autodromo Internacional do Algarve welcomed motorcycle fans from across the world over the weekend of 15-17 September by hosting the Prosecco Doc 2017 World Superbike Championships. Despite major motorcycle races taking place in Britain and Spain the Autodrome still managed a significant increased attendance in excess of 30% over the 2015 figures as vehicles from across the country and Europe descended upon the Algarve track. The car park was packed with Spanish registered machines who had skipped the racing in Jerez to hop across the border.The final total of 41.922 people over the weekend witnessed the fastest laps ever recorded around the Portimao circuit, a spectacular fireball, extremely close races plus a moment in history being made.