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UPDATE 2-Portuguese yields retreat from 1-month highs as bank deal brings respite

LONDON, Aug 25 Portugal's borrowing costs pulled away from one-month highs on Thursday after an agreement on the recapitalisation of ailing state-owned bank CGD eased worries about the health of the country's banking sector.

Portuguese yields off 1-month highs as CGD deal lifts sentiment

LONDON, Aug 25 Portugal's borrowing costs pulled away from recent one-month highs on Thursday after an agreement on the recapitalisation of ailing state-owned bank CGD eased worries about the health of the country's banking sector.

Bonds, Markets, Aug 25 2016

EU, Portugal agree on 5 billion euro recapitalization for ailing bank CGD

LISBON/BRUSSELS The European Commission and Portugal have agreed in principle on the recapitalization, on market terms, of ailing state-owned bank CGD, envisaging an injection of up to 2.7 billion euros ($3 billion) in state funds and nearly as much in debt and equity.

Aug 24 2016

UPDATE 2-Portugal's bond yields recede from 3-week high as rating fears ebb

LONDON, Aug 22 Portugal's 10-year bond yield edged back from a three-week high on Monday after the country passed a ratings test that soothed concerns it could be on the brink of a potentially catastrophic downgrade.

Bonds, Markets, Aug 22 2016

Portugal's bond yields recede from 3-wk high as rating fears ebb

LONDON, Aug 22 Portugal's 10-year bond yield edged back from a three-week high on Monday after the country passed a ratings test that soothed concerns it could be on the brink of a potentially catastrophic downgrade.

Bonds, Markets, Aug 22 2016

UPDATE 2-Ratings warning pushes Portuguese bond yields up for second day

LONDON, Aug 17 Portugal's 10-year government bond yield rose sharply for a second straight day on Wednesday, hitting its highest for almost three weeks after a warning from credit agency DBRS.

Markets, Bonds, Financials Aug 17 2016

Portuguese bond yield hits two-week high after rating warning

LONDON, Aug 17 Portugal's 10-year government bond yield rose sharply for a second straight day on Wednesday, rising to a two-week high following a warning from ratings agency DBRS on the country's credit rating.

Bonds, Markets, Financials, Aug 17 2016

European shares flat, Altice jumps after results

LONDON, Aug 9 European shares steadied in early trading on Tuesday, with gains in companies such as Altice and financials offset by weaker commodities-related stocks that tracked prices of crude oil and industrial metals lower.

UPDATE 1-Portugal's BCP says stress test results positive, posts loss

LISBON, July 29 Portugal's largest listed bank, Millennium bcp, said on Friday it obtained "clearly positive" results in the latest stress test by the European Central Bank, even as it posted a first-half loss after impairments for bad loans to clean up its books.

UPDATE 1-Wary of euroscepticism, EU waives Spain, Portugal budget fines

BRUSSELS, July 27 Fines for Spain and Portugal for failing to bring their budget deficits below the EU's ceiling will be cancelled and deadlines to meet the rules extended under a European Commission proposal that officials said is backed by Germany.

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U.S. seeks to soothe Turkey ties, press fight against Islamic State

ISTANBUL The last time U.S. Vice President Joe Biden flew to Turkey, in January, he had a stern message for President Tayyip Erdogan: his model of Islamic democracy was setting a bad example by intimidating media and threatening academics.