Bailed out insurance giant AIG announced Friday a profit of $455 million in the third quarter, a massive turnaround from a $24.4 billion loss in the same period last year.The earnings from group, the largest recipient of US government aid

G20 finance ministers met Friday to shore up the recovery from the global financial crisis and discuss funding for a still uncertain agreement on climate change.The ministers from the world's 20 most powerful and fastest emerging economies held the third

The US unemployment rate has surpassed 10 percent for the first time since 1983, and is likely to go higher.Nearly 16 million people can't find jobs even though the worst recession since the Great Depression has apparently ended. The Labor

Wanted: outgoing and enthusiastic applicants to work as restroom ambassadors in central New York location. Good pay.Amid a struggling US economy, hundreds of jobseekers applied on Thursday at the open auditions for the opportunity to interact with guests at the

British Airways Plc. fell to a worse-than-expected first-half loss and forecast annual revenues 1 billion pounds lower than last year, but said traffic volumes and yields had stabilized.The airline, whose alliance with American Airlines and Spain's Iberia is being scrutinized

China denounced as protectionist new US anti-dumping duties on steel pipes and launched its own investigation into imports of US-made automobiles on Friday, a week before a visit by President Barack Obama.It also called for Washington's swift recognition that China

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of

Chinese-made goods are in abundant supply in Africa and Arab world due to strong economic relations

Beijing says US president's visit will help push bilateral relations to 'new historical starting point'

Regional political analysts say Bangkok, Phnom Penh relations are the worst they have been in several years

Both soldiers reportedly swept away into river while trying to save supply boxes that fell into water after being air-dropped

Deal means that South Asian country's Central bank now has tenth largest gold holdings in world

Gordon Brown warns Afghan government to take action against corruption, saying he would not risk more British lives there unless it reforms

Fighting between army and Taliban militants in South Waziristan hit peak in mid-October when army launched air, ground offensive to dislodge Islamic militants from their sanctuary

Top UN official in Afghanistan warned President Hamid Karzai to combat corruption or risk losing international support

Troops were wounded Friday while looking for two missing US soldiers who are believed to have drowned in river in western province of Badghis

Accounts of Pakistan army's offensive in tribal region near Afghan border are difficult to verify, as journalists, aid workers are not allowed into battle zone

Oil ministry announces agreement to give companies, which include Royal Dutch Shell, 20-year contract to develop West Qurna

Israel has spared no effort in bringing the world's attention to its seizure of a ship carrying tonnes of apparently Iranian-supplied weapons bound for Hezbollah in Lebanon, via Egypt and Syria. If history is any guide, the incident could be

This week's landmark visit by senior United States officials to Myanmar featured meetings with military leaders, pro-democracy figure Aung San Suu Kyi and ethnic groups, but none led to any diplomatic breakthrough. Critics claim Washington's engagement gambit, far from being