Total gains from oil price surge

UK unemployment total rises
Unemployment rose by 60,000 to 1.67 million in the three months to June, official figures show.

Insurer AIG reports $5.4bn loss
Insurer American International Group reports a quarterly loss of $5.36bn with profits wiped out by writedowns on assets.

Barclays profit slumps by a third
Barclays reports a 33% drop in profits for the first half of 2008 to £2.75bn, with more writedowns linked to the credit crunch.

Oil price falls further to $118
Oil prices touch $118 a barrel, the lowest price for three months, as figures indicate supplies are rising.

Fuel costs hit Air France profits
Air France-KLM says profits for the April to June period fell nearly 60% as the airline was hit by rising fuel costs and a slower economy.