AGP Executive Report
Last update: 11 hours agoBusiness: Planet Fitness has entered Portugal by buying Be-Fit for €102.5 million, adding 25 gyms and about 80,000 members. The US chain plans to rebrand the clubs and expand its presence. Football: Cristiano Ronaldo has retired from Portugal duty after 23 years, 146 goals and the Euro 2016 title. Coach Jorge Jesus said he had hoped to call him up; Portugal’s new squad includes Gonçalo Ramos and first-time pick Gustavo Varela. TAP Sale: Lufthansa agreed to buy a 44.9% stake in TAP Air Portugal for €1.025 billion, under a deal that pledges to keep the airline Portuguese. Citizenship: Portugal is raising citizenship waiting periods for many immigrants, with a 10-year requirement for nationals of countries including Nigeria, Bangladesh and Pakistan. Wildfire Prevention: Residents of Ferraria de São João are reshaping fire-prone land around their village, using cork oak forests as a natural barrier after a devastating 2017 blaze.
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