Policy

Galp Withdraws Aviation Fuel Batch From Azores Airport Over Quality Concerns

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Galp reported a quality issue with aviation fuel JET A-1 supplied to Lajes Civil Aerodrome in the Azores. The fuel batch from the Sines refinery failed internal quality tests, likely due to an operational issue during maritime discharge. The company activated emergency procedures including additional supply shipments from São Miguel and planned replacement of the non-compliant fuel. Progressive normalization of operations is expected by May 23, 2026.

Polish Stem Cell Company Bioceltix Advances Canine Osteoarthritis Treatment Through EMA Regulatory Process

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Bioceltix, a Wrocław-based stem cell company, has submitted responses to regulatory questions from the European Medicines Agency (EMA) regarding its lead therapeutic candidate BCX-CM-J for canine osteoarthritis. This represents a key milestone in the drug registration process ahead of market approval.

Fitch Ratings Elevates Banca Transilvania Above Romania’s Sovereign Rating

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Fitch Ratings upgraded Banca Transilvania’s long-term issuer rating to BBB, one notch above Romania’s sovereign rating. The upgrade reflects the bank’s strong financial performance, solid capitalization, access to international capital markets, and MREL-eligible bond financing strategy. Fitch noted the bank’s resilience despite operating in a challenging macroeconomic environment.

EY Study Reveals Sharp Digital Divide as Seniors Show Deep Skepticism Toward AI

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EY released a report titled ‘Understanding older generations’ adoption of AI’ revealing that less than one-third (24%) of people aged 60-85 are familiar with AI. The study found high skepticism among seniors, with 8 in 10 respondents acknowledging that AI-generated results are not always accurate. In Portugal specifically, only 38.7% of the population aged 16-74 used AI tools in 2025, with adoption being asymmetrically lower among older age groups. The study recommends governments fund practical AI literacy programs for seniors and companies develop AI products prioritizing simplicity and accessibility.

Denmark’s Hidden IPO Pipeline: 54 Companies Positioned for Public Markets by 2030

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A new analysis by The Association of Listed Danish Companies (FBV) reveals 54 Danish companies with IPO potential by 2030, including scaled startups like Pleo, Lunar, Veo, and Too Good To Go. The report suggests Denmark’s IPO pipeline is stronger than commonly assumed, with these 54 candidates representing nearly a third of the current Danish stock market. The analysis recommends three key steps: encouraging pension fund investment in Danish equities, improving retail investor incentives, and simplifying the listing process.

European AI Security Firm Calls for Strategic Autonomy in Cybersecurity at eRadar Conference

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Carlos Carvalho, CEO of Adyta, participated in a panel discussion at the eRadar Conference in Lisbon about cybersecurity challenges posed by AI and Europe’s capacity to respond. Carvalho emphasized the need for European strategic autonomy in AI and digital technologies, warning against dependency on foreign AI models from companies like OpenAI and Anthropic. He advocated for accelerating technological business development within Europe and promoting partnerships between national companies and larger enterprises to build European technological capacity. The discussion also covered cybersecurity threats in the space sector and the importance of digital and spatial sovereignty for Europe.

Portuguese news agency Lusa defends editorial independence after municipality accusations of manipulation

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Lusa’s Information Department sent a letter to Vila Nova de Gaia’s municipal president criticizing his executive’s accusations of manipulation. The conflict arose after Lusa published a news story based on official information from the Official Journal, reporting on the cancellation of a recruitment competition for 136 employees and simultaneous opening of 93 management positions. The municipality called the reporting a ‘lamentable, lying and despicable’ attempt at manipulation. The Lusa Editorial Board expressed support for the Information Department, stating that the accusations are unjust and disproportionate, emphasizing that journalism can only be exercised in freedom.