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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.
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.
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.
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.
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.
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.