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AIG sells shares of AIA Group to investors

NEW YORK (Reuters) - Bailed-out insurer American International Group Inc <AIG.N> has announced the sale of shares of Hong Kong-based AIA Group Ltd <1299.HK> by means of a placing to certain institutional investors.
 

AIG seeking to raise about $6 billion from AIA sell down

HONG KONG (Reuters) - Bailed out U.S. insurer AIG <AIG.N> is seeking to raise about $6 billion by selling part of its stake in AIA Group Ltd <1299.HK>, according to a term sheet seen by Reuters on Monday.
 

Insurer AIG selling AIA shares, to raise about $6 billion

HONG KONG (Reuters) - American International Group (AIG) <AIG.N> is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd <1299.HK> in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
 

AIG to raise about $6 billion from AIA stake

HONG KONG (Reuters) - American International Group (AIG) <AIG.N> is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd <1299.HK> in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
 

AIG selling $6 billion of AIA shares, to repay U.S. bail-out

HONG KONG (Reuters) - American International Group (AIG) <AIG.N> is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group <1299.HK> in a long-awaited move to help the U.S. insurer repay a federal government bail-out.
 

AIG selling billion of AIA shares, to repay bail-out

HONG KONG (Reuters) - American International Group (AIG) is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
 

AIG selling $6 billion of AIA shares, to repay bail-out

HONG KONG (Reuters) - American International Group (AIG) is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
 

AIG selling 6 billion of AIA shares, to repay bail-out

HONG KONG (Reuters) - American International Group (AIG) is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
 

AIG selling $6 billion of AIA shares, to repay bailout

HONG KONG (Reuters) - American International Group (AIG) is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bailout.
 

AIG to sell $6 billion in AIA stock to repay bailout

HONG KONG (Reuters) - American International Group is selling part of its stake in AIA Group to raise about $6 billion, which will help the insurer repay part of its government bailout.
 

Weidmann gains traction with policy pushback

FRANKFURT (Reuters) - A German-led faction at the European Central Bank is leading a riposte against the bank's unprecedented loosening of lending policy and may be pushing at an open door this time after a string of setbacks that left the ECB deeply divided last year.
 

JPMorgan star trader set to start hedge fund: report

(Reuters) - A team of top proprietary traders at JPMorgan Chase & Co <JPM.N> is set to launch what is likely to be one of the largest hedge fund start-ups in 2012, the Financial Times reported on Sunday.
 

China sets 2012 growth target at 7.5 percent, stability key

BEIJING (Reuters) - China aims to grow its economy by 7.5 percent in 2012 by following procative fiscal and prudent monetary policies to combat downward pressure on growth and still high inflation, Premier Wen Jiabao said on Monday.
 

Glencore set to stick to deal terms, focus on growth

LONDON (Reuters) - Commodities trader Glencore <GLEN.L> will on Monday address the market for the first time since it agreed to buy rival Xstrata <XTA.L>, but those hoping for a sweetener alongside its full 2011 earnings are likely to be disappointed.
 

Glencore says Xstrata deal "fair" for all investors

LONDON (Reuters) - Commodities trader Glencore <GLEN.L>, which has agreed to a $37 billion takeover of miner Xstrata <XTA.L>, said on Monday the deal was "fair" for all shareholders at current levels, brushing aside hopes of a hint the offer could be sweetened.
 

Glencore sticks to its guns on Xstrata merger terms

LONDON (Reuters) - Commodities trader Glencore <GLEN.L> brushed aside worries over recalcitrant Xstrata <XTA.L> investors on Monday, sticking to what it says is a "fair" deal and offering little ground for those hoping it could improve an agreed $37 billion offer.
 

Exclusive: India MRPL plans cut in Iran oil imports: sources

SYDNEY (Reuters) - Iran's biggest Indian oil client, Mangalore Refinery and Petrochemicals Ltd (MRPL) <MRPL.NS>, plans to cut its annual import deal with Tehran by as much as 44 percent to 80,000 barrels per day (bpd) in 2012/13, two sources said, as western sanctions make trade more difficult.
 

Exclusive - India's top Iranian oil buyer plans to cut imports

NEW DELHI (Reuters) - India's largest Iranian oil buyer plans to almost halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut as Western sanctions make trade with OPEC's second-largest producer difficult.
 

Exclusive: India's top Iranian oil buyer plans to cut imports

NEW DELHI (Reuters) - India's largest Iranian oil buyer plans to almost halve daily imports, industry sources said on Monday, becoming the latest Asian refiner to cut as Western sanctions make trade with OPEC's second-largest producer difficult.
 

Bryant fires Lakers to emotion-fueled win over Heat

LOS ANGELES (Reuters) - Kobe Bryant exacted revenge for his broken nose with a game-high 33 points as the Los Angeles Lakers beat Miami Heat 93-83 in an emotion-charged victory at the Staples Center Sunday.