Farfetch founder and chairman dumped by Korean investor

José Neves, the founder, chairman and president of Farfetch, the luxury goods platform company that he founded in 2007, has been removed by Bom Kim the Korean tycoon who has absorbed the company into luxury goods rival Coupang. The move, which happened on Thursday, comes two weeks after Coupang, an Amazon-style shopping platform and a dominant … Read more

Portugal’s environmental agency places stumbling block to Montijo new airport site

The company that manages Portugal’s airports, ANA – Aeroportos de Portugal, says that the arguments from the Portuguese environment agency APA not to extend an environmental impact statement (DIA) on the proposed Montijo airport site for a further four years does not justify the decision. The APA’s decision not to renew makes it difficult for … Read more

The American Primaries: Trump’s bad? Is that really the point?

History is littered with disagreeable people who won elections on the back of election pledges that promised to resolve national insecurities, with Churchill and Kennedy just two examples. This was one of the conclusions of a debate into the US primaries organised by the American Club of Lisbon that took place at the Luso-American Foundation for Development (FLAD) in … Read more

Casais CEO in “domino effect” warning over NHR scrap

By Essential Business Posted 23 Outubro, 2023 In Investment, Investment Visas, News, NHR Regime The CEO of developers Casais, António Rodrigues, has blasted the government’s decision this month to terminate the Non-Habitual Residents scheme that provides tax breaks for wealthy EU-based relocating investors. He said that the ‘More Housing’ programme, which also axed the Portugal Golden Visa scheme, has not left a single … Read more

Lisbon’s journey from a city of tradition and history into a modern innovation hub is a compelling case of urban transformation, Carlos Moedas and Carlo Ratti write.

As the “City of Seven Hills,” Lisbon is blessed with a prodigious number of miradouros, or scenic views. They soar above the streets to reveal a sweeping panorama of history: medieval alleys and neoclassical boulevards, Moorish tiles and mighty football stadiums 一 and, perhaps, a clear view to the future. Beneath the Miradouro de Santa Luzia, … Read more