American International Group Inc has decided not to use securitized U.S. life insurance policies to repay the U.S. government after a $182.3 billion rescue, a source familiar with the matter said on
American International Group Inc (AIG.N) reported an $8.9 billion net loss on Friday, hurt by charges related to asset divestments, an increase in commercial insurance loss reserves and an tax-related allowance. AIG,
U.S. stock index futures were slightly higher on Friday as investors looked ahead to a raft of data, including economic growth, homes sales and manufacturing after a disappointing week so far for
European shares rose on Friday at midday, with banking stocks taking the lead and commodity shares tracking higher crude and metal prices. By 1139 GMT, the pan-European FTSEurofirst 300 index of top
The euro rose while euro zone government bonds fell on Friday after Greece revealed higher-than-expected budget revenues, while expectations for solid corporate results pushed world stocks higher. The premium investors demand for
Oil held around $78 a barrel on Friday after sliding more than 2 percent the day before as traders mulled recovery prospects for the United States, the world's top energy consumer, ahead
World stocks rose on Friday, aided by upbeat economic data from Japan and expectations for solid corporate results, while two-year euro zone yields hit record lows as investors wary of the Greek
Britain's economic growth in the fourth quarter was revised up more than expected after new figures showed the service sector grew five times faster than initially estimated. The Office for National Statistics
Greek Prime Minister George Papandreou told parliament on Friday, after a visit by EU economic inspectors, that the worst fears about Greece's economy had been confirmed. Greece is desperate to restore investor
Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last year's takeover of rival HBOS.
