Stocks, commodities slide after payrolls

Global stocks and commodities retreated on Friday while the dollar gained and gold hit a record high after U.S. unemployment losses came in much higher than forecast, a blow to optimism on

U.S. jobs data knocks equities, boosts bonds

Worse-than-expected U.S. jobs data knocked European shares into negative territory and set Wall Street up for losses at the open on Friday. The U.S. Labor Department said U.S. employers cut a more-than-expected

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