Wednesday 17 September 2014
 
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Bond swap

Greece averts immediate default with bond deal

Greece averted on Friday the immediate risk of an uncontrolled default, winning strong acceptance from its private creditors for a bond swap deal which will ease its massive public debt and clear the way for a new international bailout. Th

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Brent rises above $125 on Greece debt hopes

Brent crude rose above $125 a barrel on Friday, posting its sixth weekly gain in seven, as Greece successfully closed its bond swap offer for creditors, a key step towards securing an international bailout to avoid a messy default. Prelimi

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