Bloomberg RWE AG jumped to the highest since July after Germany’s biggest power producer said profit is on target and it plans to pay a dividend for the first time in three years. The Essen-based utility’s efforts to boost plant efficiency and the contribution of energy trading is helping compensate for weak power prices, Markus Krebber, chief financial officer at ...

Bloomberg American International Group Inc. will give Brian Duperreault $12 million in cash, 1.5 million stock options and an annual pay package valued at $16 million to turn around the company as its seventh chief executive officer since 2005. AIG will also pay Duperreault’s previous employer, Hamilton Insurance Group, as much as $40 million over two years to waive their ...

DUBAI / Reuters Middle Eastern stock markets were mixed on Monday with Saudi Arabia rising on the back of a rebound in oil prices and a continued slide by amusement park operator DXB Entertainments helping to drag down Dubai. The Saudi index climbed 0.6 percent. Top petrochemical producer Saudi Basic Industries, whose margins could benefit from higher oil prices, gained ...