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

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

Analysts say the court ruling will not endanger the government initiative to end the 25-year-old Kurdish conflict.

SOFIA, Bulgaria -- The Foreign Ministry announced on Wednesday (November 4th) that the Council of Ministers will urge President Georgi Parvanov to di...

ANKARA, Turkey -- Police arrested around 20 students in the northeast city Trabzon on Wednesday (November 4th) for throwing eggs at the Israeli ambas...