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Red crates holding glass Coca-Cola bottles (archive image)
Business 16 July 2026

Coca-Cola halted Fairlife production in the US — ransomware reached the factory floor

Coca-Cola temporarily suspended production at its Fairlife dairy brand in the United States after a ransomware attack hit systems connected to production. Canadian operations were not affected.

Not a breakdown, not a strike: a cyberattack stopped the lines. Coca-Cola told US regulators on Thursday that Fairlife, its milk and protein-drinks brand, has temporarily suspended production in the United States after ransomware reached company systems — including ones tied to production.

What happened at Fairlife?

According to the filing submitted to the SEC, Fairlife identified unauthorised third-party access to a portion of its systems as part of a ransomware event. The response followed the playbook: incident-response and business-continuity protocols activated, outside cybersecurity experts brought in, and whatever needed unplugging got unplugged — with US production pausing in the process. Canadian operations were not affected, and the company says product quality and safety are not at risk.

Markets reacted the way markets do: Coca-Cola shares slipped during the session as investors tried to price how long the stoppage might last — the investigation is ongoing and no restart date has been announced. The official document is in the SEC’s archive.

Why does this matter beyond milk?

Because it confirms the year’s trend: ransomware has moved on from stealing data to stopping factories. Hitting production systems is now the fastest way to turn an IT problem into an empty-shelf problem — the same pattern we saw when an autonomous AI agent ran a ransomware attack end to end. For a consumer-goods giant, every idle day is money that never comes back.

Fairlife has been one of Coca-Cola’s recent growth engines in the US. When the target is the engine, the attack is never small.

By Beatriz Mota

Image: Alex Proimos from Sydney, Australia / Wikimedia Commons (CC BY 2.0)

Fuel pumps at a petrol station in Paranhos, Porto
Business 16 July 2026

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Portugal's energy minister has given regulator ERSE 20 working days to explain how fuel prices are formed, and for the first time admits capping profit margins if serious market distortions show up.

Every driver in Portugal has asked it at the pump: why does a litre of fuel jump the moment oil rises, yet take weeks to ease when oil falls? Now the government is asking the same question — in writing, with a deadline, and with an unprecedented threat attached. In a letter to the president of energy regulator ERSE, Pedro Verdelho, environment and energy minister Maria da Graça Carvalho gave the watchdog 20 working days to explain how fuel prices are…

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A Trade Republic card over a panoramic view of Lisbon
Business 16 July 2026

Trade Republic now issues Portuguese IBANs — and pays 3% to rattle the banks

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Business 16 July 2026

Glovo Portugal is getting a new owner — sold to a US fund as part of the Uber-Delivery Hero deal

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Business 16 July 2026

Markets tracker: gold, the Fed, oil and stocks

Our running tracker of the markets that move savings in Portugal — gold, Fed and ECB decisions, oil and stocks. Updated whenever there is news.

This is our running tracker of the markets that move savings in Portugal. Instead of a fresh article for every swing, we update this page whenever something matters: gold, Federal Reserve and European Central Bank decisions, oil and the main stock indices. For the background on the Portuguese economy, see our mid-year review. Official data is at the Bank of Portugal.

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Check-in desks at Terminal 2 of Lisbon airport with queuing passengers
Business 15 July 2026

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Joaquim Miranda Sarmento, Portugal's Minister of State and Finance, speaking at a lectern
Business 15 July 2026

Portugal's economy sped up in the second quarter, says the finance minister. The recovery-fund bill is what slows everything else

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José Manuel Fernandes, Portugal's Minister of Agriculture and Sea
Business 15 July 2026

Fertiliser prices went through the roof, so Brussels just handed Portugal €162 million

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Meta Platforms headquarters in Menlo Park, California
Business 12 July 2026

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Headquarters of Caixa Geral de Depósitos in Lisbon at dusk
Business 12 July 2026

Banking jobs in Portugal hit highest level since BES collapse: 782 new posts in a year

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Nasdaq Tower in Times Square, New York
Business 11 July 2026

SK Hynix jumps 13% in Nasdaq debut after biggest foreign IPO in US history

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Ship and cranes at the Port of Leixões, Matosinhos
Business 11 July 2026

Portugal exports up 5.1% in May, but the year's trade deficit keeps widening

Portuguese goods exports rose 5.1% in May, says the INE, while imports fell 1.6%. Year to date, though, the trade deficit widened by 1.732 billion euros to 14.383 billion.

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Delta Cafés logo, Nabeiro group
Business 10 July 2026

Delta rescues Mocoffee: 3 million euros to save Azambuja capsule factory

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European Investment Bank headquarters in Luxembourg
Business 10 July 2026

European Tech Champions Initiative: Portugal joins EIB fund aiming to mobilise 80 billion euros

Portugal has joined the EIB's European Tech Champions Initiative, which aims to raise 15 billion euros and mobilise up to 80 billion for 1,500 European scale-ups.

Portugal will put its own money into the new phase of the European Tech Champions Initiative, the investment alliance led by the European Investment Bank that aims to mobilise up to 80 billion euros for 1,500 European tech companies in their scale-up phase. The announcement came this Friday from finance minister Joaquim Miranda Sarmento, on the sidelines of the Ecofin meeting in Brussels. Nobody knows yet — and that is the honest answer. All 27 member…

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ISTSat-1, Portugal's first university satellite
Business 10 July 2026

Portugal's space sector is worth €1.2 billion — and every euro generates another €1.17

Portugal's space sector added €1.2 billion to GDP between 2019 and 2024, according to the Novaspace study for the Portuguese Space Agency.

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