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Food basket drops a few cents... but is much more expensive than four years ago

The price of the essential food basket recorded a slight decrease last week, but remains significantly more expensive than four years ago, reflecting the accumulated impact of inflation on the cost of living for Portuguese families.

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"Meo's revenues increased to 1.297 million euros in the first half"

MEO recorded growth of 0.3% in revenues, which reached €1,297 million in the first half, although the second quarter showed a decline of 4.6% compared to the same period last year, with billing of €648 million. This decline was offset by the expansion of the energy business and the increase in business services. CEO Ana Figueiredo highlighted the company's resilience in a period of high competitive intensity. The period analyzed also includes the sale of 65% of Intelcia and the Data Center in Covilhã, as part of the Altice group's strategy to optimize its asset portfolio.

Jornal Económico27/08/26, 18:59

Business

  

Second quarter results confirm Meo's resilience - CEO

The CEO of Meo, Ana Figueiredo, states that the second quarter results confirm the company's resilience during one of the most challenging periods the telecommunications sector is experiencing.

SAPO Notícias27/08/26, 18:43

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Business

  

Fosun more than doubles profit to 217 million in the first half

Fosun, the shareholder of Fidelidade and BCP, more than doubled its profit in the first half of 2024, totaling 217 million euros (1.7 billion yuan), an increase of 160.3% compared to the same period last year. Revenue remained stable at around 11,094 million euros, while investment in innovation and technology grew 16.7% to 4.2 billion yuan. Fidelidade, with 30.1% market share in Portugal, saw its net profit rise 23.8% to 165 million euros, despite losses caused by storms. Chairman Guo Guangchang stated that the strong profit recovery validates the business optimization strategy and that the group is well positioned to accelerate growth.

Jornal Económico27/08/26, 18:41

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Business

  

End of the 6x1 scale boosts AI usage in sales

The approval of PEC 221/2019, which ends the 6x1 schedule and reduces the maximum workday from 44 to 40 hours per week, has reignited the debate on operational efficiency in Brazilian commerce. With fewer human hours available, companies are turning to artificial intelligence as a way to maintain service and sales capacity. CNC estimates a 21% increase in the sector's payroll, with a 13% pass-through to prices, while CNI projects a contraction of approximately R$76 billion in GDP, fueling the discussion on team reorganization and automation as alternatives to absorb the impact of the change.

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oglobo27/08/26, 18:38