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Al Jaber misses $4.5bn debt payment deadlineAl Jaber Group missed a March repayment on its $4.5 billion restructuring, three sources aware of the matter told Reuters on Tuesday, adding pressure on the Abu Dhabi-based conglomerate to quickly secure a new debt deal to save it from collapse. More… |
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Greece, lenders agree bailout, shares rallyGreece and its international lenders reached an 85 billion euro ($93.6 billion) bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 h More… |
