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  • Spains borrowing costs rise for first time in four months

    General Sources - Thursday 23rd May, 2013

    By Manuel Mara Ruiz MADRID (Reuters) - Spain paid higher rates on medium-term debt for the first time since early February at an auction on Thursday, as investors reacted to signals that the United States could scale back its monetary stimulus. Yields rose on bonds maturing in three, five and 13 years, but Spain met its target of 4 billion euros and has now completed 57 percent of its ...

  • Spain pays higher rates at latest bond auction

    RTE - Thursday 23rd May, 2013

    Spain has had to pay higher interest rates to auction off €4 billion in governments bonds as investors were unnerved by a sharp drop in global stock markets. Spain's borrowing costs have been falling for months as investors gained confidence in the government's management of its finances and fears of a bailout receded. The Treasury said it sold €1.2 billion in 15-year bonds ...

  • Manchester United Step Up Barcelona Midfielder Pursuit

    Barcelona Daily News - Thursday 23rd May, 2013

    Manchester United keen on Barcelona youngster. Check in to Transfer Window: Done Deal Alerts Manchester United will bid around 15million to bring Barcelona midfielder Thiago Alcantara to the club this summer, according to Marca. The 22-year-old is ...

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  • Spain Yields Nudge Up Sells More Bonds Than Planned

    General Sources - Thursday 23rd May, 2013

    Spain's borrowing costs nudged up from recent multi-year lows at a bond auction Thursday, but analysts said the rising yields and slightly lower demand than last time didn't suggest investors were losing their appetite for riskier debt. The rise in bond yields in euro-zone markets is partly driven by the U.S. Federal Reserve's cautious scaling down of its bond purchase plan. ...

  • Manchester United target Barcelona starlet Thiago Alcantara

    Barcelona Daily News - Thursday 23rd May, 2013

    The 15m-rated midfielder is also on the radar of Manchester City this summer, with the 22-year-old keen to leave Camp Nou in the pursuit of greater first-team ...

  • Spain’s Private Jets Disappearing as Tycoons Cut Flights

    General Sources - Thursday 23rd May, 2013

    Spain 's housing market boomed in the last decade, real estate tycoons fell in love with the idea of getting to construction sites fast. Developers and other business titans binging on easy credit more than doubled the country's corporate jet fleet from 2004 to 2009, to 137 planes. With Spain's economy in freefall and construction largely halted, that shrank to 115 jets in service ...

  • Spains CaixaBank Mulls Sale of Part of Inbursa Stake

    Fox Business - Thursday 23rd May, 2013

    Spanish lender CaixaBank SA (CABK.MC) said Thursday it is considering the sale of about half of its current 20% stake in Mexico's Grupo Financiero Inbursa SAB de CV (GPFOY) in the Mexican and international markets.In a regulatory filing, CaixaBank said no final decision has been made on the potential deal and this will depend on market conditions.CaixaBank didn't provide any detail on ...

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