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Trump removes Anthony Scaramucci as White House communications director
White House communications director Anthony Scaramucci has been removed from his job after just 10 days in a move that has only increased the sense of chaos at the heart of the Trump administration.
Pricing of Greek 5-year-bond later today, as Greece returns to market
The Greek government is expected to declare the country’s exit from the memoranda as it prepares to issue a 5-year bond upon returning to the markets later on Tuesday. The exact amount of money and the bond rate the Greek state will draw will become public on Tuesday afternoon.
Greece announces new 5-year bond issue after 3-year exile
Greece on Monday invited holders of its 4.75 percent outstanding bonds maturing in 2019 to tender them for cash, along with a plan to offer new five-year paper, in its first bid to return to bond markets in three years.
Greece returns to bond markets (Upd)
Greece will return to bond markets, according to reports on Monday. The offers book is open for investors Monday and will remain so for 24 hours. The country invited holders of outstanding 4.75% 2019 bonds to tender them for cash in a switch offer. The government aims to draw €4.03bn at a rate below the 4.95% the previous government had borrowed at in 2014.
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Greek yields rise after banks hired for comeback bond sale
Yields on Greek government bonds rose on Thursday after IFR reported six banks had been hired to arrange Greece's first bond sale in over three years.
The Thomson Reuters market news and data service said late Wednesday Greece had mandated Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs and HSBC for a five-year issue. The banks declined comment.
Turkey's Mavi IPO price values jeans maker 'at up to $700 mln'
Turkish fashion retailer Mavi Giyim's initial public offering (IPO) is seen priced at 43 to 51 lira per share, valuing the jeans maker at up to 2.5 billion lira ($700 million), a source close to the matter told Reuters on May 30.
London finance chief upbeat after Brexit trigger
The outlook for London's financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.
Mark Boleat, who spoke on Thursday to AFP after British Prime Minister Theresa May activated the process for Britain's EU exit, nevertheless urged speedy trade talks to minimize disruption.
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Greece's National Bank gets four bids for insurance unit, says source
Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, a banking source close to the deal told Reuters on Tuesday.
Greece's second largest lender by assets is looking to sell its National Insurance subsidiary as part of a restructuring plan it has agreed with regulators to exit from non-banking operations.
Watches worn by some of the most powerful people in the finacial world (photos)
The wristwatch has been a part of men’s fasion for over 200 year since it was invented. Apart from its practical use of someone telling the time, the watch can also reveal the personality and style of an individual.
World stocks, dollar see steep rise on Yellen, US outlook
World stocks hit 21-month peaks on Feb. 15 and the dollar rose for the 11th straight day, after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month during upbeat comments on the U.S. economy.