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Euro zone awaits expert view to clear new Greek loans

Euro zone finance ministers will decide on Monday whether Greece is eligible for the next tranche of bailout loans after listening to an expert review of reforms recently adopted by Athens, top euro zone officials said.

AIG to buy reinsurer Validus for $5.56 billion

American International Group Inc on Monday said it would buy reinsurer Validus Holdings Ltd for $5.56 billion (3.98 billion pounds) in cash, ending a long period of retrenchment for AIG as new Chief Executive Brian Duperreault plots an expansionist path.

Icahn, Deason join forces to demand Xerox explore options

Hedge fund managers Carl Icahn and Darwin Deason joined forces on Monday to push Xerox Corp to explore strategic options, oust its "old guard", including its CEO, and negotiate better terms for its decades-long deal with Japan's Fujifilm.

Eurogroup chief opens two-year race for top ECB jobs

The chairman of euro zone finance ministers Mario Centeno called on Monday for candidates to replace European Central Bank Vice President Vitor Constancio, whose term expires in May, kicking off two years of flux at the top of the ECB.