Economy

Web Summit storm cost traders thousands in lost sales: "we would have made at least €4,000"

The suspension of the Web Summit on Wednesday, 11 November 2026, due to Storm Charles resulted in significant financial losses for vendors and cancelled meetings for startups. Affected businesses estimate losses ranging from €2,000 to over €4,000, and the event organizers are currently evaluating reimbursement requests on a case-by-case basis.

Why it matters

If you are a vendor or entrepreneur who suffered losses due to the event's closure on 11 November 2026, you should contact the organizers directly to submit a reimbursement request for individual evaluation.

Expresso· 1d agoRead original ↗

Useful?

This update is from Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

Read today’s briefing

Related updates

Culture

Web Summit withstands a gale of cyberattacks on debut but not the storm

The Web Summit recorded over six million cyberattacks on its opening day. Due to the risks posed by the depression 'Charles', the organization has cancelled the entire programme scheduled for Wednesday 11 November 2026.

Público· 3d agoRead original ↗

Useful?

Housing

Fifteen thousand euros per square meter: we visited houses for sale that defy all statistics

CNN Portugal visited several properties in Lisbon and the surrounding areas, identifying extreme sale prices such as a 30-square-meter apartment in Reboleira priced at 219,000 euros and a property in Lapa listed for nearly four million euros. The report highlights that high prices, driven by speculative investment, are increasingly making home ownership inaccessible.

CNN Portugal· 3w agoRead original ↗

Useful?

Housing

In Covilhã, there are rooms for rent for 700 euros and, in Funchal, a studio costs more than 200 thousand euros

Protests organized by the Movimento Porta a Porta took place in Covilhã and Funchal this Saturday 14 November 2026 as part of a national demonstration for the "right to housing." Residents highlighted that high-end student housing and speculative real estate prices are making rentals unaffordable for both students and families in these cities.

CNN Portugal· 53m agoRead original ↗

Useful?

Practical alerts

See all →

Media-reported alerts

EN103 road cut in Esposende due to fallen pole · Correio da Manhã · 8h ago
IP has no forecast for the reopening of the Alcântara tunnel · Público · 21h ago
IP3 closed in both directions in Tondela until Saturday · RTP · 21h ago
Trains return to service between Caldas da Rainha and Torres Vedras this Sunday · Público · 22h ago

Live official alerts

Trains on lines in the North and Porto area run normally after the RENFE strike on Tuesday 17 November was cancelled.
CP· Porto area +1· on Tue 17 Nov
Yellow rain warnings, Saturday to Sunday
yellow warningIPMA· 8 districts· until Sun 15:00

See all live official alerts

About Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

More about Bica →

Feedback and corrections are welcome: hello@bica.now