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Saudi Arabia raises $17.5bn from bonds to repair damage to public finances

Local Interest / Middle East : The Guardian: Middle East

Kingdom sets record for emerging market issuance after turning to global bond markets to reduce budget deficit created by falling oil price Saudi Arabia has raised $17.5bn (£14bn) from its first foray into the global bond markets as...

UK's Hammond: Brexit path might be clearer later this year

News : Reuters: World News

CHENGDU, China (Reuters) - British finance minister Philip Hammond said on Sunday that uncertainty about how the country will leave the European Union could be eased later this year once the negotiating positions of both sides becom...

Brexit is killing finance job vacancies in London

Business & Finance : Business Insider: Clusterstock

The number of new financial jobs in England dropped 10.1% following the Brexit vote in June, as uncertainty over the UK's future membership of the single market hurt job market confidence. Finance vacancies fell in every region in J...

UK will ‘do what’s necessary’

Business & Finance : Business Report

Britain's new finance minister, Philip Hammond, will do whatever is necessary to steady the economy after the Brexit vote. ||| London - Britain's new finance minister, Philip Hammond, said on Thursday that he would do whatever is ne...

New UK finance minister known for ‘safe hands’

Business & Finance : Business Report

Chancellor of the Exchequer Philip Hammond needs to steer Britain's economy through the aftermath of the Brexit vote. ||| London - Philip Hammond took over as Britain's new finance minister on Wednesday, putting him in charge of the...


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