Sofia Horta e Costa

Reporter for @business. In Portugal after 17 years in UK & Hong Kong. Alum of @LSEnews @uniofwarwick. Views / retweets mine. Not on Instagram. Lisboeta 🇵🇹

[Sofia Horta e Costa @SofiaHCBBG]

Chinese carmakers built nearly 1-in-10 passenger cars sold in Europe last month, and took 16% of the EV market.

A notable shift.
https://t.co/dzwy8MACfH

[Sofia Horta e Costa @SofiaHCBBG]

Portugal’s central bank denies issuing €7 bills to honour Cristiano Ronaldo. Because of course someone had to ask
https://t.co/pHZhRLAARH

[Sofia Horta e Costa @SofiaHCBBG]

Portugal is going ahead with perhaps its most ambitious 'war on bureaucracy' yet.

The man in charge of Portugal's version of DOGE says he wants to cut red tape, raise salaries, cut housing costs and stop the brain drain.

A big undertaking. Can he do it?
https://t.co/K6FeVguzK8

[Sofia Horta e Costa @SofiaHCBBG]

Sines, a tiny coastal town in Portugal, is really punching above its weight in the Europe AI race

[Bloomberg @business]

Microsoft will spend $10 billion on an AI data center along the Portuguese coast, marking one of its largest European investments this year https://t.co/cBzMRab349

[Sofia Horta e Costa @SofiaHCBBG]

Chocolate milk in an office fridge (for adults) is so heartwarmingly Portuguese

[Sofia Horta e Costa @SofiaHCBBG]

Morgan Stanley CEO Ted Pick says there's a risk stocks will drop 10%-15% in the next 12-24 months, and that would be 'healthy'
https://t.co/p48NTDYyOI

[Sofia Horta e Costa @SofiaHCBBG]

Portugal’s golden visa program has raised more than €7b since 2012.

It’s still incredibly popular with US, Chinese and Russian citizens, even after a real estate route was canned.

So where is that money going now, if not luxury homes in Lisbon or Porto? We took a deeper look

https://t.co/fKlbUHX3WF

[Sofia Horta e Costa @SofiaHCBBG]

@bruno_f_garcia @business Sim, eu sei. Infelizmente tem que ser assim para o público internacional, já que existem muitos outros Sportings pelo mundo!

[Bloomberg @business]

Cristiano Ronaldo has become football’s first billionaire player with a huge Saudi deal in the twilight of his career

@SofiaHCBBG explains how he became one of the world’s wealthiest athletes https://t.co/reXV4CWHaD

[Sofia Horta e Costa @SofiaHCBBG]

Cristiano Ronaldo has become a billionaire largely from what he earns on the field rather than off it - unique among the world's richest athletes

In the first comprehensive calculation of his net worth, we estimate CR7 is worth $1.4 billion, post tax
https://t.co/OZOErM3akm

[Sofia Horta e Costa @SofiaHCBBG]

Portugal had the fastest-rising property prices in the EU in Q2: +17.2% y/y. Double-digit gains for three straight quarters.

Bulgaria and Hungary not far behind at +15.5% and 15.1%.

[Sofia Horta e Costa @SofiaHCBBG]

China manufactures about 80% of the world’s solar panels, supplies 60% of its wind turbines, 70% of its EVs, 75% of batteries. China’s share of global clean energy patents stands at around 75%.

So much to unpack in this piece, a big reality check for anyone underestimating China
https://t.co/vaH7U71DA2

[Sofia Horta e Costa @SofiaHCBBG]

@treeboy Pombo, the masculine, is pigeon

[Sofia Horta e Costa @SofiaHCBBG]

"I'm definitely not a dove" or in Portuguese, "não sou pomba de certeza absoluta"

Unusually strong words from someone about to join the ECB’s rate-setting council
https://t.co/tXOblSuLpS

[Sofia Horta e Costa @SofiaHCBBG]

French 10-year bond yields are higher than Italy's for the first time in the history of the euro area

Credit to @greg_ritchie

https://t.co/Es8ovCEiVw

[Sofia Horta e Costa @SofiaHCBBG]

I found out few months ago that Portugal is home to one of Europe's largest lithium projects.

So we wrote about why Portugal is at the center of the EU's push into the battery supply chain, and the big challenges ahead
https://t.co/xzA5bHztA4