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  • LONDON, Sept 26- Sterling slipped to a five-week low against the euro on Monday, as lingering worries over the economic impact of Britain's impending exit from the European Union weighed on the currency. Sterling was knocked late on Thursday when British Foreign Secretary Boris Johnson said he expected formal divorce proceedings between Britain and the EU,...

  • LISBON, Sept 23- Former European Commission President Jose Manuel Barroso on Friday put up a spirited defence of his right to work for U.S. bank Goldman Sachs, after the commission opened an ethics probe into his move, and he accused it of acting arbitrarily. a visibly agitated Barroso, who is a former Portuguese prime minister, said in his first public comments to...

  • LISBON, Sept 23- Former European Commission President Jose Manuel Barroso on Friday put up a spirited defense of his right to work for U.S. bank Goldman Sachs, after the commission opened an ethics probe into his move, and he accused it of acting arbitrarily. a visibly agitated Barroso, who is a former Portuguese prime minister, said in his first public comments to...

  • LISBON, Sept 22- Portugal's EU/IMF bailout was only a "qualified success," ensuring a return to international bond markets but leaving high debts, weak banks and high unemployment, the International Monetary Fund said on Thursday. The IMF's evaluation of Portugal's 78 billion euro 2011-2014 bailout, to which the Fund contributed a third, found that fiscal...

  • LISBON, Sept 21- Europe's largest tech event, the Web Summit, will double in size when it is held for the first time in Lisbon in November to tackle everything from hot new startups to the race to make driverless cars, its chief executive said on Wednesday. Portugal has pulled off a coup by bringing the Web Summit to Lisbon after it was launched and held every year in...

  • *Portugal's bond reel from worst day since Brexit. LONDON, Sept 16- The premium Portugal would pay over Germany to borrow in bond markets hit its widest in seven months on Friday, ahead of a ratings review that serves as a prelude to a more crucial test of Portuguese creditworthiness next month. But any warnings on its economy, such as those made by Portugal's own...

  • Markets in China remained closed for the Mid-Autumn Festival, thinning trade flows. "Copper consumption in China this year has been far stronger than most people thought and prices are likely to remain supported between $4,600 and $4,900 a tonne over the next quarter," Citi strategist David Wilson said. "Refined copper in Shanghai bonded offered at $60 from $50...

  • *Portugal's bond reel from worst day since Brexit. LONDON, Sept 16- The premium Portugal would pay over Germany to borrow in bond markets hit its widest in seven months on Friday, ahead of a ratings review that serves as a prelude to a more crucial test of Portuguese creditworthiness next month. Standard and Poor's is not expected to alter its junk rating for...

  • Standard and Poor's is not expected to alter its junk rating for Portugal on Friday. But any warnings on its economy-- such as those from Portugal's budget watchdog on Thursday-- may feed fears that DBRS will remove the country's last investment-grade rating, which Lisbon needs to qualify for ECB bond purchases on Oct. 21. Losing the support of the central bank could...

  • MELBOURNE, Sept 16- London copper was little changed on Friday as a holiday in China crimped liquidity, but was set to log its largest weekly rise in two months as China's economy shows signs of finding its feet. *Three-month copper on the London Metal Exchange was trading little changed from the previous session at $4,777.50 a tonne by 0024 GMT.

  • portugal reform risk

    Portugal's Finance Minister Mario Centeno says the country is committed to stabilizing its financial sector and pushing through structural reforms.

  • Kefallonia, Greece.

    Greece and ungovernable Spain, struggling with jobless rates of 23.5 percent and 20 percent, respectively, are saying enough is enough.

  • BRATISLAVA, Sept 9- Spain and Portugal must still tackle their excessive budget gaps even though they escaped being fined in July for breaking European Union deficit limits, euro zone finance ministers said on Friday. The leaders of Greece, France, Italy, Spain, Portugal, Malta and Cyprus meet later in Athens and are expected to push for tight budget rules to be...

  • CNBC's Julia Chatterley discusses what look set to be key issues at today's meeting of European economy and finance minsters in Bratislava.

  • 3 secret retirement spots

    CNBC's Sharon Epperson shares her top three spots to retire abroad that might not be on your radar. Hidden gems that are great options for Americans looking to retire overseas.

  • LONDON, Aug 31- Sterling rose on Wednesday, boosted by improved consumer confidence and rising British house prices in August, which added to signs the economy is holding up well in the wake of June's shock vote to leave the European Union. "Overnight, we saw UK August consumer confidence bouncing back," Morgan Stanley chief strategist Hans Redeker said, adding he...

  • LONDON, Aug 31- Sterling rose on Wednesday, boosted by improved consumer confidence and rising British house prices in August, adding to growing signs that the economy was holding up well despite a shock vote to leave the European Union in June. "Overnight, we saw UK August consumer confidence bouncing back," Morgan Stanley chief strategist Hans Redeker said,...

  • Portuguese Finance Minister Mario Centeno gestures as he speaks during a press conference to present the state budget in Lisbon on February 5, 2016.

    Portugal's bank recapitalization plan is "another big step towards the stabilization of the Portuguese financial system," the finance minister told CNBC.

  • 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. Yields last week suffered the biggest weekly jump in almost four months after DBRS, the ratings agency that holds Portugal's...

  • Portugal making a turnaround in terms of growth prospects: Fin Min

    Mario Centeno, Portugal's finance minister, tells CNBC that he remains optimistic with regards to his country's economic future.