AIG posts second consecutive quarterly profit

American International Group Inc (AIG.N), the insurer bailed out by the U.S. government, posted its second straight quarterly profit on Friday, helped by recovery in the value of its investments. Net profit

Stocks, commods gain ground, payrolls eyed

Global stocks and commodities gained on Friday, buoyed by firm U.S. data the previous session, lifting risk appetite ahead of hotly anticipated jobs data which will give more evidence on the state

RBS’s Q3 loss halves but more bad debts to come

Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favourable trading battered investment banking profits. Part-nationalised