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Business

Ex-AIG CEO loses appeal of bailout lawsuit Vs NY Fed

NEW YORK: Former American International Group Inc Chief Executive Maurice "Hank" Greenberg lost his appeal Wednesday in a lawsuit accusing the Federal Reserve Bank of New York of unlawfully bailing out the insurer at the height of the 2008 financial crisis.

World

Truce not consensus seen as Erdogan meets Turkish central bank chief

ISTANBUL (Reuters) - Nervous Turkish markets are hoping President Tayyip Erdogan can make peace with the central bank governor on Wednesday, but the two seem likely at best to agree to disagree on interest rate policy.

Markets

Noble Group shares fall 13 pct, fifth day of declines

SINGAPORE: Shares in Noble Group Ltd fell for a fifth straight session on Friday, deepening a slide which has wiped out 60 percent of its market value since mid-February on worries about its accounting practices.

Business

Breakfast briefing: Monday, July 20

Breakfast briefing: Monday, July 20

World

New Saudi king to focus economic policy on jobs as oil sags

DUBAI (Reuters) - Saudi Arabia's new king is expected to focus economic policy on creating jobs and multi-billion dollar infrastructure projects to prevent tumbling oil prices from causing social tensions or undermining business confidence.

World

Lebanon PM - U.S. sanctions won't affect government

BEIRUT (Reuters) - Lebanese Prime Minister Saad al-Hariri said on Wednesday that U.S. sanctions targeting Hezbollah MPs moved in a "new direction" from existing measures, but would not affect government work.

World

Turkey's Erdogan: Russian missile defence system to arrive in 10 days - media

ANKARA (Reuters) - Turkey's President Tayyip Erdogan said Russian S-400 defences would begin arriving within 10 days, Turkish media reported, setting the clock ticking on possible U.S. sanctions after his warm meeting with President Donald Trump on Saturday.