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Mark Molumphy, a lawyer for the investors, said after the verdict he thinks the damages will amount to $2.6 billion.

Scenarios that markets and policymakers hoped to avoid are now materialising

Middle East war has unleashed severe disruption for the aviation sector

Marines and sailors to arrive in the region in three to four weeks, signalling possible new phase in conflict

Donald Trump says London should have acted faster after it agreed to help efforts to curb attacks on shipping