Sunday 29 November 2015
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


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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